ATLANTIC(SH:600558)2014-04-24 16:00Financial Performance - Operating revenue decreased by 0.78% to CNY 527,657,914.01 for the first quarter compared to the same period last year[10] - Net profit attributable to shareholders decreased by 5.16% to CNY 12,963,478.83 for the first quarter compared to the same period last year[10] - The company's operating revenue for the current period is CNY 292,407,793.50, a slight decrease of 0.54% from CNY 293,981,941.62 in the previous period[35] - The net profit for the current period is CNY 15,770,297.77, down 3.07% from CNY 16,271,131.43 in the previous period[33] - The total profit for the current period is CNY 20,362,208.25, a decrease of 1.46% from CNY 20,665,757.35 in the previous period[33] Assets and Liabilities - Total assets increased by 20.12% to CNY 2,719,754,450.92 compared to the end of the previous year[10] - Cash and cash equivalents increased by 132.28% compared to the beginning of the period, mainly due to funds received from a non-public stock issuance[15] - Accounts receivable increased by 66.52% compared to the beginning of the period, attributed to a policy of advance credit sales[15] - Other payables increased by 50.52% compared to the beginning of the period, mainly due to an increase in payable project funds and bid guarantees[15] - The company's equity increased by 48.06% from the beginning to the end of the period, primarily due to a successful private placement that raised 99.61 million yuan[16] - Total current assets at the end of the period amounted to 1.81 billion yuan, compared to 1.36 billion yuan at the beginning of the period[24] - Current liabilities decreased to ¥767,041,919.27 from ¥823,228,965.41, a reduction of about 6.8%[25] - Total liabilities decreased to ¥788,547,188.11 from ¥1,000,636,455.87, a decline of approximately 21.1%[26] Cash Flow - Cash flow from operating activities improved by 26.98%, with a net outflow of CNY 56,685,585.62 compared to a net outflow of CNY 77,634,370.78 in the same period last year[10] - Operating cash flow net amount improved to -56.69 million yuan, an increase of 20.95 million yuan from -77.64 million yuan year-on-year[18] - The cash inflow from financing activities for the current period is CNY 509,726,386.76, a significant increase from CNY 29,956,485.43 in the previous period[38] - The net increase in cash and cash equivalents was $439.00 million, contrasting with a decrease of $31.69 million last year[41] - The ending balance of cash and cash equivalents stood at $638.06 million, compared to $251.25 million at the end of the previous period[41] Shareholder Information - The number of shareholders increased to 21,567 as of the report date[12] - The weighted average return on equity decreased by 0.10 percentage points to 1.170% compared to the same period last year[10] Investment and Expenses - Investment income doubled compared to the same period last year, with a 100% increase due to subsidiary investment returns[17] - Operating tax and surcharges rose by 34.73% year-on-year, mainly due to an increase in value-added tax[17] - The company reported an increase in operating expenses, with sales expenses at CNY 18,401,727.32, up from CNY 18,232,684.45, and management expenses at CNY 33,157,061.29, up from CNY 29,844,508.33[33] Future Plans - The company plans to expand its market presence and invest in new product development to drive future growth[32]