JCCL(SH:600362)2014-04-28 16:00Financial Performance - Operating revenue decreased by 10.20% to CNY 41,288,867,790 compared to the same period last year[9] - Net profit attributable to shareholders decreased by 64.21% to CNY 347,379,349 compared to the same period last year[9] - Basic earnings per share decreased by 64.29% to CNY 0.1 compared to the same period last year[9] - The total profit decreased by 61.04% to RMB 504,323,900, primarily due to declining product prices[20] - Net profit fell by 64.79% to RMB 350,590,100, attributed to lower product prices impacting profitability[22] - Total operating revenue for the first quarter was CNY 41.29 billion, down 10.5% from CNY 45.98 billion in the same period last year[37] - Net profit for the first quarter was CNY 350.59 million, a decline of 64.8% compared to CNY 995.77 million in the previous year[37] Cash Flow - Cash flow from operating activities decreased by 65.80% to CNY 311,840,133 compared to the same period last year[9] - Cash inflows from sales dropped by RMB 542,789,000[24] - Cash flow from investing activities improved by 18.33%, reaching RMB -833,014,940, with a reduction in cash outflows for short-term investments[25] - Cash flow from financing activities decreased significantly by 188.71% to RMB -688,705,953, mainly due to reduced cash from borrowings[25] - Operating cash inflow decreased to CNY 49.15 billion from CNY 55.04 billion, a decline of approximately 10.6% year-over-year[43] - Net cash flow from operating activities was CNY 311.84 million, down from CNY 911.81 million, representing a decrease of about 65.8%[43] - Cash inflow from financing activities decreased to CNY 2.60 billion from CNY 3.58 billion, a decline of about 27.4%[43] - Net cash flow from financing activities was -CNY 688.71 million, compared to CNY 776.37 million in the previous period[43] Assets and Liabilities - Total assets increased by 2.50% to CNY 90,986,293,320 compared to the end of the previous year[9] - The company's total liabilities increased to CNY 44.95 billion from CNY 43.13 billion, representing a growth of 4.2%[32] - Current liabilities totaled CNY 38.03 billion, up from CNY 36.30 billion, indicating a rise of 4.7%[32] - The company's cash and cash equivalents decreased from RMB 23,992,113,234 to RMB 23,116,908,252[31] - The company's total assets increased to RMB 90,986,293,320, up from RMB 88,766,654,061 at the beginning of the year[31] - The total equity attributable to shareholders increased to CNY 44.92 billion from CNY 44.52 billion, reflecting a growth of 0.9%[32] Shareholder Information - The total number of shareholders as of the report date was 192,735[12] - The largest shareholder, Jiangxi Copper Group, holds 40.41% of the shares[12] - The top ten shareholders collectively hold a significant portion of the company's shares, with the second-largest being Hong Kong Central Clearing and Settlement System at 36.03%[12] Inventory and Prepayments - Prepayments rose by 46.79% to RMB 5,180,404,054, driven by increased procurement during the reporting period[17] - The company’s inventory decreased to CNY 10.32 billion from CNY 10.66 billion, a reduction of 3.2%[33] Non-recurring Items - Non-recurring gains and losses totaled CNY 26,762,042 for the reporting period[10]