LK(SH:600388)2014-04-29 16:00Financial Performance - Net profit attributable to shareholders was ¥40,990,330.51, reflecting a growth of 6.70% year-on-year[10] - Operating revenue for the period was ¥835,726,253.21, representing a 13.42% increase compared to the same period last year[10] - Basic earnings per share increased by 11.11% to ¥0.10 from ¥0.09[10] - Total revenue for the current period reached ¥835,726,253.21, an increase from ¥736,871,835.05 in the previous period, representing a growth of approximately 13.5%[30] - Net profit attributable to the parent company was ¥42,113,226.05, up from ¥39,473,149.81, reflecting a growth of 4.2%[31] - Basic earnings per share increased to ¥1.12 from ¥1.06, indicating a rise of 5.5%[31] - The company’s total profit for the current period was ¥51,822,111.04, slightly up from ¥50,136,742.81, indicating a growth of 3.4%[31] Cash Flow - The net cash flow from operating activities was -¥176,048,583.61, showing an improvement from -¥184,304,567.50 in the previous year[10] - The company's cash flow from operating activities showed a net outflow of ¥176,048,583.61, a slight improvement from the previous period[15] - The net cash flow from investing activities was a negative ¥18,967,057.28, indicating a reduction in cash paid for investments and fixed assets compared to the previous period[17] - The net cash flow from operating activities was ¥1,222,816,199.52, compared to ¥1,008,159,613.59 in the previous period, marking a growth of 21.2%[34] - Investment activities resulted in a net cash outflow of ¥18,967,057.28, an improvement from a net outflow of ¥38,328,028.42 in the previous period[35] - The net cash flow from investing activities was -$6.22 million, an improvement from -$7.78 million in the previous period[37] - The total cash outflow from operating activities amounted to $933.69 million, compared to $795.45 million previously[37] - The total cash inflow from operating activities was $933.69 million, reflecting increased operational expenditures[37] Assets and Liabilities - Total assets at the end of the reporting period reached ¥9,048,169,036.55, an increase of 6.01% compared to the end of the previous year[10] - The company's total current assets increased to ¥7,324,436,292.18, up from ¥6,807,920,666.73, reflecting a growth in liquidity[22] - Total assets amounted to ¥6,832,591,009.57, up from ¥6,378,730,637.50, indicating a growth of about 7.1%[28] - The company's total liabilities reached ¥4,672,389,834.40, compared to ¥4,263,197,685.37, marking an increase of approximately 9.6%[28] - Current liabilities increased to ¥4,070,140,893.23 from the previous total, reflecting a rise in short-term borrowings and accounts payable[28] - Shareholders' equity rose to ¥2,160,201,175.17 from ¥2,115,532,952.13, showing a growth of about 2.1%[28] Investments and Shareholder Information - The largest shareholder, Fujian Dongzheng Investment Co., Ltd., holds 17.17% of the shares, totaling 73,410,056 shares[13] - The company received government subsidies amounting to ¥8,614,479.17, which are closely related to its normal business operations[11] - The company has committed to distributing at least 30% of its average distributable profits over the next three years, ensuring shareholder returns[18] - The company did not experience any changes in its controlling shareholder during the reporting period[13] Operational Metrics - The company reported a significant increase in prepayments, which rose to ¥272,394,853.18 from ¥174,318,156.18, indicating a growth of approximately 56.5%[26] - Prepayments increased by 51.47% to ¥815,757,233.31 primarily due to increased advance payments for materials and installation projects[15] - The inventory level increased to ¥1,763,816,211.95 from ¥1,540,257,589.58, reflecting a growth of about 14.5%[27] - The company reported an increase in employee compensation payable by 48.61% to ¥20,329,641.95, reflecting increased workforce investment[15] Financial Ratios and Returns - The weighted average return on equity decreased by 0.03 percentage points to 1.46%[10] - The company's financial expenses decreased to ¥104,660,386.72 from ¥96,739,828.99, a reduction of 8.5%[31]