TDTEC(SH:600582)2014-04-27 16:00Financial Performance - Operating revenue for the first quarter was CNY 2,127,783,852.65, down 3.54% year-on-year [11]. - Net profit attributable to shareholders was CNY 121,695,372.43, an increase of 10.41% compared to the same period last year [11]. - Basic earnings per share increased to CNY 0.100 from CNY 0.091, reflecting an increase of 8.79% [11]. - Total revenue for the period was CNY 2,127,783,852.65, a decrease of 3.5% compared to CNY 2,205,978,292.91 in the previous period [36]. - Operating profit increased to CNY 195,910,336.09, up from CNY 178,620,031.03, representing a growth of about 9.1% [36]. - Net profit for the period was CNY 173,197,771.60 after deducting income tax expenses of CNY 40,333,041.92 [36]. - The company's net profit for the current period is CNY 55,510,779.96, compared to CNY 24,938,532.22 in the previous period, representing a growth of approximately 122.4% [41]. - Basic and diluted earnings per share increased to CNY 0.100 from CNY 0.091, reflecting an increase of 9.9% [41]. - Operating revenue for the current period reached CNY 459,537,426.51, up from CNY 278,134,592.63, indicating a growth of 65.2% [40]. - Operating profit rose to CNY 57,956,598.46 from CNY 23,086,364.44, marking an increase of 150.1% [40]. - The total comprehensive income attributable to the parent company was CNY 121,695,372.43, compared to CNY 110,224,147.31 in the previous period, an increase of 10.7% [38]. Cash Flow - Cash flow from operating activities showed an improvement, with a net cash outflow of CNY -275,342,717.88, compared to CNY -650,397,349.75 in the previous year [11]. - Cash inflow from operating activities totaled CNY 1,614,971,079.65, down from CNY 1,915,974,276.35, a decrease of 15.7% [43]. - Cash outflow from operating activities was CNY 1,890,313,797.53, compared to CNY 2,566,371,626.10, a decrease of 26.3% [43]. - The company reported a net cash flow from financing activities of CNY -197,688,229.55, compared to CNY -137,204,974.90 in the previous period, indicating a worsening of 44.2% [44]. - Cash received from investment activities included $54,656,936.97 from investment income [47]. - Total cash outflow for investment activities was $29,631,317.75, compared to $2,516,418.76 in the previous period [47]. - Cash dividends and interest payments totaled $12,290,428.07, down from $22,661,488.89 in the previous period [48]. - The net increase in cash and cash equivalents was -$215,372,135.29, compared to -$145,028,085.57 in the previous period [48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,361,060,912.06, a decrease of 2.99% compared to the end of the previous year [11]. - Total assets decreased to CNY 18,361,060,912.06 from CNY 18,927,384,280.62, a decline of approximately 3% [30]. - Total liabilities decreased to CNY 8,306,192,872.54 from CNY 9,040,467,839.91, indicating a reduction of about 8.1% [30]. - Current liabilities totaled CNY 7,089,500,550.38, down from CNY 7,858,147,116.21, a decrease of approximately 9.8% [30]. - Non-current assets amounted to CNY 5,542,170,021.40, slightly down from CNY 5,581,302,712.69, a decrease of about 0.7% [30]. - The company’s total current assets decreased from 13.35 billion yuan to 12.82 billion yuan, reflecting a decrease of approximately 3.93% [28]. Shareholder Information - The total number of shareholders at the end of the reporting period was 23,661 [12]. - The largest shareholder, China Coal Technology & Engineering Group Corp., held 751,366,271 shares, accounting for 19.9% of total shares [13]. Government Subsidies and Other Income - The company received government subsidies amounting to CNY 10,965,375.42, which are closely related to its main business operations [11]. - Non-recurring gains and losses for the period totaled CNY 9,741,805.26, impacting the net profit calculation [11]. Changes in Receivables and Payables - Accounts receivable decreased by 953.16 million yuan, a reduction of 35.90% compared to the beginning of the year, mainly due to the collection of matured notes and endorsement transfers [18]. - Interest receivable decreased by 810,000 yuan, a reduction of 37.33%, primarily due to the maturity of time deposits and interest recovery [18]. - Employee compensation payable decreased by 294.03 million yuan, a reduction of 37.56%, mainly due to the distribution of last year's performance bonuses [18]. - Tax payable decreased by 105.63 million yuan, a reduction of 33.33%, primarily due to the payment of last year's corporate income tax and increased input VAT credits [18]. - Special reserves increased by 12.71 million yuan, an increase of 35.75%, mainly due to an increase in the accrued safety production fees [18]. Future Plans - The company plans to focus on market expansion and new product development to drive future growth [36]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth [38].