SD-GOLD(SH:600547)2014-04-29 16:00Financial Performance - Operating revenue decreased by 21.63% to CNY 10,460,106,705.57 year-on-year[9] - Net profit attributable to shareholders decreased by 83.78% to CNY 93,073,941.86 compared to the same period last year[9] - Basic and diluted earnings per share decreased by 82.50% to CNY 0.07[9] - Net profit for the first quarter was CNY 94,436,653.68, a significant decline from CNY 580,812,584.28 year-over-year, indicating a decrease of about 83.7%[26] - Earnings per share (EPS) for the first quarter was CNY 0.07, compared to CNY 0.40 in the same period last year, reflecting a decrease of 82.5%[26] - The company reported a total revenue of 115,342,244.72 CNY, with a net loss of 8,236,710.25 CNY for the period[29] - The company’s total comprehensive income was -8,236,710.25 CNY, matching the net profit figure[29] Cash Flow - Net cash flow from operating activities decreased by 52.36% to CNY 410,546,511.81 year-on-year[9] - Operating cash flow decreased to 10,592,862,357.63 CNY from 13,826,126,859.84 CNY in the previous period, reflecting a decline of approximately 23%[32] - The net cash flow from investing activities was -387,682,651.55 CNY, improving from -1,059,358,724.54 CNY in the previous period[33] - The company reported a cash outflow from financing activities of 3,101,573,193.03 CNY, compared to 1,543,484,057.92 CNY in the previous period, indicating an increase in cash outflow[34] - The net cash flow from financing activities was $565,203,545.63, a significant improvement from a negative cash flow of $85,847,641.00 in the prior period[37] Assets and Liabilities - Total assets increased by 1.10% to CNY 22,132,403,859.93 compared to the end of the previous year[9] - Total liabilities increased to CNY 12,850,878,480.34 from CNY 12,642,806,266.62, marking an increase of approximately 1.6%[20] - The total number of shareholders reached 260,859 at the end of the reporting period[12] - The largest shareholder, Shandong Gold Group Co., Ltd., holds 50.25% of the shares, totaling 715,097,736 shares[12] - Total liabilities increased to ¥12,367,880,804.36, reflecting a rise in short-term borrowings and financial liabilities[19] - The company's total non-current liabilities amounted to CNY 3,587,961,226.36, slightly down from CNY 3,607,030,584.21, a decrease of about 0.5%[20] Investments and Expenses - The company received government subsidies amounting to CNY 3,304,583.33 during the reporting period[10] - Financial expenses increased by 75.85% to ¥102,149,041.29, mainly due to an increase in financing scale[15] - Total operating costs for the first quarter were CNY 10,320,391,656.50, down from CNY 12,597,386,941.36, a decrease of about 18.1%[25] - Total operating expenses were 10,182,315,845.82 CNY, down from 12,964,364,750.31 CNY, showing a reduction of approximately 21.5%[32] - The company paid 394,301,221.21 CNY in employee compensation, down from 483,244,548.51 CNY, a decrease of about 18.5%[32] Changes in Financial Position - Accounts receivable increased by 121.27% to ¥65,657,181.03, primarily due to outstanding sales payments[14] - Prepayments rose by 86.46% to ¥783,859,383.03, mainly due to increased advance payments for raw materials[14] - Inventory decreased by 36.88% to ¥507,463,060.10, attributed to a reduction in raw materials[14] - The company reported a loss of CNY 944.07 from the disposal of non-current assets[10] - The weighted average return on net assets decreased by 6.09 percentage points to 1.09%[9] - The company reported a significant increase in trading financial liabilities, which rose by 98.49% to ¥3,079,541,000.00, mainly due to increased gold leasing[14] - Investment income increased significantly to ¥6,652,013.90, compared to a loss of ¥589,250.57 in the previous year[14] - The total non-current assets amounted to CNY 10,607,112,793.97, an increase from CNY 10,519,070,027.21, representing a growth of approximately 0.8%[23]