CORUN(SH:600478)2014-04-29 16:00Financial Performance - Operating revenue decreased by 36.47% to CNY 208,721,909.21 compared to the same period last year[9]. - Net profit attributable to shareholders decreased by 46.00% to CNY 2,262,965.21 compared to the same period last year[9]. - The total operating revenue for the current period is ¥208,721,909.21, a decrease of 36.4% from ¥328,523,028.75 in the previous period[27]. - Net profit for the current period is ¥2,154,024.31, compared to a net profit of ¥28,633,712.65 in the previous period, indicating a significant decline[28]. - The company recorded an operating profit of -¥5,151,246.27, an improvement from -¥31,911,822.47 in the previous period[28]. Cash Flow - Net cash flow from operating activities decreased by 118.50% to -CNY 10,538,208.77 compared to the same period last year[9]. - Cash inflow from operating activities totaled 139,732,167.00 RMB, down from 148,674,623.86 RMB in the prior period, indicating a decline of approximately 6.3%[34]. - Cash outflow from operating activities increased to 178,690,239.98 RMB, compared to 111,983,941.78 RMB in the previous period, representing a rise of about 59.5%[35]. - The net cash flow from operating activities was -38,958,072.98 RMB, a significant decrease compared to the previous period's positive cash flow of 36,690,682.08 RMB[35]. - Cash inflow from investment activities totaled ¥38,213,413.76, compared to ¥5,097,653.76 in the previous period, indicating a substantial increase[31]. - The net cash flow from investing activities was -75,692,349.98 RMB, worsening from -44,223,178.27 RMB in the prior period[32]. - Total cash inflow from financing activities was 162,368,734.68 RMB, significantly higher than 67,376,126.95 RMB in the previous period, marking an increase of approximately 141.5%[32]. - The net cash flow from financing activities improved to 124,596,459.85 RMB, compared to a negative cash flow of -97,448,868.29 RMB in the prior period[32]. Assets and Liabilities - Total assets increased by 5.26% to CNY 2,017,378,362.36 compared to the end of the previous year[9]. - Total liabilities increased to ¥807,495,731.54 from ¥703,276,782.09 at the beginning of the period[22]. - The total liabilities have increased to ¥718,449,922.93 from ¥614,993,619.32, reflecting a rise of 16.9%[25]. - The total equity decreased to ¥926,874,594.96 from ¥934,550,715.19, a decline of 0.8%[25]. Shareholder Information - The total number of shareholders reached 18,068 at the end of the reporting period[11]. Receivables and Investments - Accounts receivable increased by 50.11% to CNY 22,662,405.92 compared to the beginning of the period[13]. - Long-term equity investments increased by 55.33% to CNY 83,267,477.84 compared to the beginning of the period[13]. - Other receivables decreased by 37.68% compared to the beginning of the period, with an absolute decrease of ¥23,363,515.24, primarily due to the recovery of asset disposal payments and some receivables[14]. - Long-term equity investments increased by 55.33% compared to the beginning of the period, with an absolute increase of ¥29,660,529.58, mainly due to investments in Hunan Rare Earth Industry Group Co., Ltd.[14]. - Construction in progress increased by 38.35% compared to the beginning of the period, with an absolute increase of ¥31,085,278.36, mainly due to investments in battery projects and production equipment by subsidiaries[14]. - Development expenditures increased by 48.93% compared to the beginning of the period, with an absolute increase of ¥7,897,005.27, mainly due to increased R&D investments by subsidiaries[14]. Cash and Equivalents - Cash and cash equivalents at the end of the period were ¥190,692,453.97, an increase from ¥160,629,386.83 at the beginning of the period[20]. - The ending cash and cash equivalents balance was 187,092,453.97 RMB, down from 426,059,064.46 RMB in the previous period[32]. - The company received 136,546,391.10 RMB in cash from borrowings, a significant increase from 40,170,314.64 RMB in the previous period[32]. - The cash outflow for debt repayment was 27,268,400.00 RMB, a decrease from 146,940,085.82 RMB in the prior period[32]. - The impact of exchange rate changes on cash and cash equivalents was a positive 2,813,673.25 RMB, contrasting with a negative impact of -6,591,462.71 RMB in the previous period[32].