KPC(SH:600422)2014-04-22 16:00Financial Performance - Operating income rose by 9.43% to CNY 967,062,980.79 year-on-year[8] - Net profit attributable to shareholders increased by 25.47% to CNY 53,908,218.76 compared to the same period last year[8] - The total revenue for the first quarter of 2014 was CNY 2,705,201.72, an increase from CNY 1,401,805.54 in the same period last year[15] - The net profit for the current period is ¥58,105,600.86, representing an increase of 29.5% from ¥44,918,807.52 in the previous period[29] - The total profit for the current period is ¥70,866,174.34, an increase of 16.4% compared to ¥60,893,713.76 in the previous period[29] - The total comprehensive income attributable to the parent company's owners is ¥53,908,218.76, an increase of 25.5% from ¥42,966,408.52 in the previous period[30] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 1,854,036.36, a turnaround from a negative CNY 81,334,546.63 in the previous year[8] - Cash flow from operating activities for the current period is ¥828,363,458.54, an increase from ¥738,356,008.00 in the previous period[35] - Cash flow from investing activities shows a net inflow of ¥453,768,553.14, compared to a net outflow of ¥41,394,879.52 in the previous period[36] - Cash flow from financing activities has a net inflow of ¥26,067,506.67, down from ¥95,980,264.24 in the previous period[37] - Net cash flow from operating activities is $79,848,827.97, a significant improvement from a negative cash flow of $14,404,609.46 in the previous period[40] - Cash flow from investing activities shows a net inflow of $471,371,304.14, compared to a net outflow of $36,317,213.34 in the previous period, indicating a turnaround in investment performance[41] - Cash flow from financing activities results in a net inflow of $97,524,979.15, reflecting a stable financing environment despite no new equity raised[42] Assets and Liabilities - Total assets increased by 7.88% to CNY 3,113,296,743.83 compared to the end of the previous year[8] - As of March 31, 2014, total current assets amounted to CNY 2,243,024,705.54, an increase from CNY 2,058,405,346.78 at the beginning of the year[19] - Total liabilities increased to ¥1,176,008,395.83 from ¥1,006,655,528.21, reflecting a rise of 16.83%[21] - Current liabilities rose to ¥1,117,486,299.52 from ¥973,133,431.90, representing a growth of 14.79%[21] - Fixed assets increased to ¥326,081,451.19 from ¥301,889,674.38, showing a growth of 7.97%[20] - Non-current assets totaled ¥870,272,038.29, compared to ¥827,434,128.57, marking an increase of 5.17%[20] Shareholder Information - The number of shareholders reached 15,221, with the top ten shareholders holding a total of 64,250,225 shares, accounting for 18.83% of the total shares[12] - Shareholders' equity reached ¥1,937,288,348.00, up from ¥1,879,183,947.14, indicating an increase of 3.09%[22] Cash and Cash Equivalents - Cash and cash equivalents increased by 147.61% to CNY 826,398,299.60 due to the maturity of financial products[14] - Cash and cash equivalents surged to ¥660,152,451.66 from ¥108,932,319.55, a significant increase of 507.73%[24] - The ending cash and cash equivalents balance is $660,152,451.66, a substantial increase from $163,028,259.01 at the end of the previous period, marking a growth of approximately 304.5%[42] Expenses and Costs - Operating tax and additional charges increased by 119.39% to CNY 4,964,638.68, reflecting higher taxes paid during the period[14] - Tax payments increased by 118.54% to CNY 59,540,612.82 compared to CNY 27,244,594.94 in the previous year[15] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets rose by 48.06% to CNY 61,289,207.31 from CNY 41,396,079.52[15] - Cash paid for employee compensation increased to $36,430,828.14 from $29,476,408.91, reflecting a rise in workforce costs[40] - Cash paid for purchasing goods and services decreased to $87,657,227.30 from $179,458,246.47, showing improved cost management[40] Investment Performance - The company reported a significant increase in investment income of ¥7,101,534.25 for the current period, compared to no investment income reported in the previous period[34] - Cash received from the recovery of investments amounts to $510,000,000.00, indicating strong returns on previous investments[41]