HDAA(SH:600316)2014-04-24 16:00Financial Performance - Operating revenue for the first quarter reached CNY 371,149,538.78, representing a 23.81% increase from CNY 299,785,020.19 in the same period last year[13] - Net profit attributable to shareholders increased by 50.60% to CNY 2,795,570.46, up from CNY 1,856,276.92 year-on-year[9] - Revenue from labor services increased to ¥408,484,152.92, a rise of 46.44% compared to the previous period[15] - Net profit for the first quarter was CNY 2,601,419.23, compared to CNY 1,686,154.53, representing a growth of 54.3% year-over-year[27] - Earnings per share (EPS) increased to CNY 0.0039 from CNY 0.0026, marking a 50% rise[27] Assets and Liabilities - Total assets increased by 0.59% to CNY 7,478,760,710.62 compared to the end of the previous year[9] - Total current assets decreased to ¥4,623,525,684.66 from ¥4,674,125,551.34, indicating a decline of approximately 1.08%[18] - Total liabilities rose to ¥2,693,875,172.04 from ¥2,668,531,001.27, marking an increase of approximately 0.95%[20] - Owner's equity totaled ¥4,784,885,538.58, compared to ¥4,766,461,696.61, reflecting a growth of about 0.39%[20] - Total liabilities amounted to CNY 2,625,604,019.86, a marginal increase from CNY 2,621,643,718.50[23] Cash Flow - Cash flow from operating activities showed a significant negative change, with a net outflow of CNY 164,736,953.85 compared to a net outflow of CNY 2,006,733.80 in the previous year[9] - The total cash inflow from operating activities was CNY 412,773,097.22, compared to CNY 289,616,577.67, indicating a 42.5% increase[33] - The net cash flow from operating activities was negative CNY 164,736,953.85, worsening from negative CNY 2,006,733.80 in the previous year[33] - Cash inflow from operating activities totaled 350,803,127.24 RMB, up from 251,182,153.63 RMB year-over-year[36] - The net increase in cash and cash equivalents was -274,789,043.20 RMB, compared to -86,580,805.17 RMB last year[39] Inventory and Operating Costs - Inventory increased by 18.51% to CNY 1,888,688,577.47, primarily due to increased raw material purchases[13] - The company reported a 29.85% increase in operating costs, totaling CNY 336,129,849.41, attributed to higher sales of aviation products[13] - Total operating costs for the same period were CNY 366,405,002.07, up from CNY 296,178,495.20, reflecting a 23.6% increase[26] - Inventory increased to ¥1,888,688,577.47, up from ¥1,593,756,726.17, representing a growth of about 18.52%[18] Shareholder Information - The total number of shareholders reached 49,839 as of the report date[12] - The largest shareholder, China Aviation Technology Industry Company, holds 43.63% of the shares, totaling 312,883,210 shares[12] Investment Activities - Cash payments for fixed assets and intangible assets amounted to ¥112,062,930.17, up by 30.59% due to increased investment in aviation city construction[15] - The company invested 112,062,930.17 RMB in fixed assets and intangible assets, compared to 85,810,834.13 RMB previously[34] - Investment activities resulted in a cash outflow of 111,997,793.43 RMB, compared to 85,695,829.04 RMB last year[38]