Lianovation(SH:600363)2014-04-29 16:00Financial Performance - Operating revenue rose by 21.69% to CNY 393,904,927.72 year-on-year [11]. - Net profit attributable to shareholders increased by 20.26% to CNY 15,340,667.59 compared to the same period last year [11]. - The company reported a basic earnings per share of CNY 0.0346, up from CNY 0.0288 in the same period last year [11]. - Net profit for the period was CNY 12.67 million, representing a 12.5% increase from CNY 11.25 million in the previous year [36]. - Earnings per share (EPS) for the period was CNY 0.0346, compared to CNY 0.0288 in the same period last year, reflecting a growth of 20.1% [37]. - The company reported an investment income of CNY 24.68 million, an increase from CNY 20.91 million year-on-year, representing a growth of 17.9% [36]. Cash Flow - Net cash flow from operating activities decreased by 43.46% to -CNY 48,487,558.42 compared to the previous year [11]. - The net cash flow from operating activities decreased by 43.46% to -48,487,558.42 CNY compared to -33,798,336.10 CNY in the same period last year [19]. - The net cash flow from investing activities decreased significantly by 167.04% to -22,149,628.31 CNY, primarily due to increased cash payments for fixed asset purchases [19]. - The net cash flow from financing activities increased by 120.09% to 50,236,356.65 CNY, mainly due to a larger scale of borrowed funds compared to the same period last year [19]. - Cash inflow from sales of goods and services increased to ¥309,709,963.28 from ¥261,813,249.57, representing a growth of approximately 18.3% [41]. - Net cash flow from operating activities was negative at -¥48,487,558.42, worsening from -¥33,798,336.10 in the previous period [41]. - Cash inflow from investment activities increased significantly to ¥89,764,049.11 from ¥9,136,260.38, marking a growth of over 885% [42]. - Cash outflow for investment activities rose to ¥111,914,797.42 from ¥48,946,949.40, indicating an increase of approximately 128% [42]. - Net cash flow from financing activities improved to ¥50,236,356.65 from -¥250,041,062.90, showing a positive turnaround [42]. - Cash inflow from other operating activities rose to ¥52,929,500.44 from ¥25,411,166.80, an increase of approximately 108.5% [41]. - Cash outflow for employee payments increased to ¥76,406,588.60 from ¥63,546,488.18, representing a rise of about 20.3% [41]. - Cash inflow from investment income surged to ¥89,764,049.11 from ¥9,136,260.38, indicating a significant increase in investment returns [44]. - Cash outflow for financing activities decreased significantly to ¥51,383,547.90 from ¥310,908,922.90, a reduction of approximately 83.5% [42]. Assets and Liabilities - Total assets increased by 0.95% to CNY 2,829,488,073.09 compared to the end of the previous year [10]. - The total assets as of March 31, 2014, amounted to 2,829,488,073.09 CNY, an increase from 2,802,978,261.34 CNY at the beginning of the year [28]. - Total current liabilities decreased slightly from 901,860,579.63 CNY to 897,840,343.66 CNY [29]. - Long-term borrowings increased by 250.00% to 28,000,000.00 CNY compared to 8,000,000.00 CNY previously [21]. - Accounts receivable increased to 497,420,408.62 CNY from 476,047,301.89 CNY, indicating a growth in credit sales [28]. - Inventory decreased from 364,831,377.41 CNY to 349,398,034.29 CNY, reflecting improved inventory management [28]. - Total liabilities increased to CNY 940.09 million, compared to CNY 925.73 million at the end of the previous period, marking a rise of 1.5% [34]. - Shareholders' equity totaled CNY 1.89 billion, up from CNY 1.88 billion, reflecting a growth of 0.6% [34]. Shareholder Information - The number of shareholders reached 49,378 at the end of the reporting period [14]. - The largest shareholder, Jiangxi Electronic Group Co., Ltd., holds 16.74% of the shares, totaling 74,242,092 shares [14]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth [36].