GDMZH(SH:600382)2014-04-17 16:00Financial Performance - Operating revenue surged by 114.03% to CNY 19,139,135.28 from CNY 8,942,200.61 in the same period last year[11] - Net profit attributable to shareholders decreased by 19.83% to CNY 7,669,244.55 from CNY 9,565,917.23 year-on-year[11] - Operating revenue increased by 114.03% to ¥19,139,135.28 compared to ¥8,942,200.61 in the same period last year, primarily due to increased income from entrusted loan business[19] - Net profit for Q1 2014 was CNY 8,253,906.78, down from CNY 10,098,347.42 in the previous year, indicating a decrease of about 18.2%[32] - Operating profit for Q1 2014 was CNY 11,023,237.33, compared to CNY 12,337,140.90 in the previous year, a decrease of about 10.6%[31] - The total comprehensive income for Q1 2014 was CNY 8,253,906.78, down from CNY 10,098,347.42 in the previous year, reflecting a decrease of about 18.2%[32] Cash Flow - Net cash flow from operating activities dropped significantly by 681.67% to -CNY 48,228,075.51 compared to CNY 8,291,266.87 in the previous year[11] - The total cash inflow from operating activities was CNY 2,928,923.49, significantly lower than CNY 28,074,974.04 in the same period last year[35] - The net cash flow from operating activities was -34,126,518.63 RMB, a significant decline compared to 8,476,457.74 RMB in the previous period[38] - Total cash inflow from investment activities was 10,716,856.23 RMB, down from 30,635,497.28 RMB in the previous period[39] - The net cash flow from financing activities improved by 179.22% to ¥27,251,187.53, compared to -¥34,398,000.00 in the same period last year[21] - The net cash flow from financing activities was 27,251,187.53 RMB, compared to -32,118,000.00 RMB in the previous period, indicating a positive shift[39] Assets and Liabilities - Total assets increased by 2.06% to CNY 1,936,983,189.02 compared to the end of the previous year[11] - Total liabilities increased to ¥233,775,452.37 from ¥189,714,068.93, reflecting a rise in short-term borrowings[25] - The company's total liabilities increased to CNY 227,201,897.44 from CNY 187,481,689.26, reflecting a rise of approximately 21.2%[31] - The total equity attributable to shareholders rose to CNY 1,648,533,785.06 from CNY 1,630,330,221.48, showing a slight increase of about 1.1%[31] Accounts and Expenses - Accounts receivable decreased by 36.16% to CNY 936,163.18, primarily due to the collection of prior receivables[17] - Prepaid accounts increased by 10,007.94% to CNY 45,540,570.14, attributed to increased advance payments for trade goods[17] - Employee compensation payable decreased by 79.15% to CNY 48,718.96, mainly due to the payment of previously accrued salaries[17] - Tax payable increased by 38.68% to CNY 4,930,338.21, reflecting higher corporate income tax obligations[17] - Dividends payable increased by 100% to CNY 13,140,398.00, in line with the distribution of 2013 profits as per shareholder resolutions[17] - Operating taxes and surcharges rose by 82.67% to ¥1,257,098.96, attributed to the increase in income from entrusted loans[19] - Financial expenses surged by 139.02% to ¥2,404,821.86, mainly due to higher loan interest expenses and reduced income from subsidiary projects[19] - Investment income decreased by 100%, with no income reported this period, compared to ¥3,487,083.89 last year, due to reduced investment income from associated companies[19] Cash and Cash Equivalents - The company's cash and cash equivalents rose to ¥13,452,200.59 from ¥12,549,793.59 at the beginning of the year[23] - The total cash and cash equivalents at the end of the period were 12,479,582.59 RMB, a decrease from 20,276,780.57 RMB in the previous period[39] - The net increase in cash and cash equivalents for the period was 3,836,825.13 RMB, compared to a decrease of 33,008,914.98 RMB in the previous period[39]