LIONHEAD(SH:600539)2014-04-20 16:00Financial Performance - Operating revenue for the period was CNY 1,978,257.12, a significant decrease of 91.64% year-on-year due to the shutdown of the production line at the Shuozhou branch[10][15] - Net profit attributable to shareholders was a loss of CNY 3,273,849.80, an improvement of 66.62% compared to the loss of CNY 9,806,980.27 in the same period last year[10] - The company expects a cumulative net profit loss for the half-year report period due to the main business not returning to normal and being in a stagnation period[20] - Total operating revenue for the current period is CNY 1,978,257.12, a significant decrease from CNY 23,674,205.55 in the previous period, representing a decline of approximately 91.66%[30] - Total operating costs for the current period amount to CNY 6,033,959.40, down from CNY 34,021,182.15 in the previous period, indicating a reduction of about 82.25%[30] - The net loss for the current period is CNY -4,040,016.00, compared to a net loss of CNY -10,304,649.12 in the previous period, showing an improvement of approximately 60.81%[31] - Basic earnings per share for the current period is -0.014, an improvement from -0.043 in the previous period[31] - The total profit or loss for the current period is CNY -4,040,016.00, compared to CNY -10,304,649.12 in the previous period, indicating a reduction in losses by about 60.81%[31] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -13,101,561.10, a decline of 351.25% compared to the previous year[10] - Cash inflows from operating activities total CNY 3,581,614.59, a decrease from CNY 68,944,504.21 in the previous period, reflecting a decline of about 94.80%[36] - Cash outflows for purchasing goods and services amount to CNY 2,809,336.10, down from CNY 48,856,784.26 in the previous period, indicating a reduction of approximately 94.25%[36] - Operating cash flow for the period was negative at -13,101,561.10 RMB compared to a positive 5,214,464.81 RMB in the previous period[37] - Total cash inflow from operating activities was 11,511,614.59 RMB, significantly lower than 69,070,504.21 RMB in the previous period[40] - Cash outflow for operating activities was 12,049,224.24 RMB, compared to 54,503,949.80 RMB in the previous period, resulting in a net cash flow of -537,609.65 RMB from operating activities[40] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 992,140,152.76, an increase of 1.86% compared to the end of the previous year[10] - Net assets attributable to shareholders decreased by 22.09% to CNY 470,505,300.08 compared to the end of the previous year[10] - Current assets decreased from CNY 285,023,536.06 at the beginning of the year to CNY 243,646,683.57[24] - The company's cash and cash equivalents decreased from CNY 215,456,722.16 to CNY 171,839,733.17[24] - The total liabilities increased from CNY 200,421,891.64 to CNY 279,912,652.04[25] - The company's total equity decreased from CNY 716,267,516.72 to CNY 712,227,500.72[25] - The total liabilities amount to CNY 114,055,993.40, compared to CNY 113,329,088.92 in the previous period, showing a slight increase of about 0.64%[28] - Owner's equity stands at CNY 467,511,491.89, a decrease from CNY 469,987,903.39 in the previous period, reflecting a decline of approximately 0.53%[28] Investments and Subsidiaries - The company’s cash paid for the purchase of fixed assets increased by 1090.67% compared to the previous year due to new acquisitions[16] - The company’s subsidiary, Taiyuan Lion Head Zhonglian Cement, has initiated the trial operation of a new clinker production line, expected to commence material input on March 24, 2014[18] - The company has not fulfilled the commitment regarding the transfer of mining resources due to delays in obtaining necessary permits from the provincial government[19] - The company is currently implementing a new cement production line with a capacity of 2×4500T/D[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,110[11] - The company received government subsidies amounting to CNY 15,686.28 during the reporting period[10]