CDXG(SH:600353)2014-04-28 16:00Financial Performance - Operating income increased by 1.80% to CNY 70,182,551.46 year-on-year[10] - Net profit attributable to shareholders increased by 211.59% to CNY 3,879,992.99 compared to the same period last year[10] - The weighted average return on equity rose by 27.02 percentage points to 40.25%[10] - Basic and diluted earnings per share increased by 186.00% to CNY 0.0143[10] - Operating profit increased by 139.47% year-on-year, driven by revenue growth and reduced production costs[15] - Total revenue for the first quarter of 2014 was CNY 70,182,551.46, an increase of 1.8% compared to CNY 68,941,045.44 in the previous year[20] - Net profit for the same period was CNY 3,879,992.99, up from CNY 1,245,220.11, representing a significant increase[20] - Basic earnings per share rose to CNY 0.0143 from CNY 0.005, indicating improved profitability[20] Asset and Liability Changes - Total assets decreased by 2.75% to CNY 1,144,139,593.70 compared to the end of the previous year[10] - Total assets decreased to CNY 1,144,139,593.70 from CNY 1,176,474,094.18, reflecting a decline of about 2.7%[19] - Total liabilities decreased to CNY 178,130,474.67 from CNY 214,344,968.14, a reduction of approximately 17%[19] - The total equity increased slightly to CNY 966,009,119.03 from CNY 962,129,126.04, showing a marginal growth[20] Cash Flow Analysis - Cash flow from operating activities improved, with a net outflow of CNY 13,593,110.76, compared to a net outflow of CNY 22,860,143.86 in the same period last year[10] - Operating cash flow for the period was negative CNY 13,593,110.76, an improvement from negative CNY 22,860,143.86 in the previous year[23] - Cash flow from investing activities was negative CNY 14,810,933.24, compared to negative CNY 55,882,179.68 in the prior year, indicating reduced cash outflow[24] Changes in Receivables and Inventory - Accounts receivable decreased by 31.52% compared to the beginning of the year, mainly due to increased endorsements and bill collections[15] - Other receivables increased by 41.49% compared to the beginning of the year, mainly due to bid deposits[15] - The company reported a decrease in inventory to CNY 146,588,864.57 from CNY 127,905,169.31, an increase of approximately 14.6%[19] Construction and Investment - Construction in progress increased by 237.10% compared to the beginning of the year, primarily due to investments in the second phase of the new district project[15] - Cash and cash equivalents at the end of the period were CNY 314,237,518.04, down from CNY 352,799,895.38 at the beginning of the year, a decrease of approximately 10.9%[25]