DZT(SH:600611)2014-04-29 16:00Financial Performance - Operating revenue for the first quarter was CNY 768,786,541.79, representing an increase of 16.20% year-on-year[9] - Net profit attributable to shareholders was CNY 75,094,432.56, a slight increase of 0.97% compared to the same period last year[9] - Basic and diluted earnings per share were both CNY 0.048, an increase of 0.97% year-on-year[9] - Total operating revenue for the current period reached ¥821,049,622.42, an increase of 17.7% compared to ¥697,074,311.45 in the previous period[24] - Operating income was ¥768,786,541.79, up from ¥661,627,369.20, reflecting a growth of 16.1%[24] - Net profit for the current period was ¥92,948,616.35, compared to ¥89,028,665.64, indicating a growth of 3.3%[25] - Basic earnings per share increased to ¥0.048 from ¥0.047, representing a growth of 2.1%[25] - The company reported a total comprehensive income of ¥87,437,134.10, compared to ¥67,592,411.02, marking a significant increase of 29.4%[25] Asset and Liability Management - Total assets at the end of the reporting period were CNY 10,122,978,399.26, a decrease of 0.50% compared to the end of the previous year[9] - The company's total assets decreased to CNY 10,122,978,399.26 from CNY 10,173,869,449.09, showing a slight decline in overall asset value[18] - The total liabilities decreased from CNY 4,022,196,741.41 to CNY 3,889,803,928.22, indicating a reduction in financial obligations[18] - Total assets amounted to ¥8,216,451,087.75, a slight increase from ¥8,152,767,416.57, reflecting a growth of 0.8%[22] - Total liabilities increased to ¥3,043,751,192.42 from ¥3,026,391,786.45, showing a growth of 0.6%[22] Cash Flow Analysis - Cash flow from operating activities showed a net outflow of CNY 13,779,837.66, a decrease of 129.50% compared to the previous year[9] - The net cash flow from operating activities decreased by 129.50% to -CNY 13,779,837.66, primarily due to increased loan disbursements[13] - Operating cash inflow totaled CNY 1,029,774,024.10, an increase from CNY 940,464,590.28 in the previous period, reflecting a growth of approximately 9.3%[31] - Cash outflow from operating activities was CNY 1,043,553,861.76, compared to CNY 893,752,753.14 in the prior period, indicating a rise of about 16.8%[31] - Net cash flow from operating activities decreased to CNY -13,779,837.66, down from CNY 46,711,837.14, representing a significant decline[31] - Investment cash inflow was CNY 37,359,888.40, down from CNY 55,892,331.49, a decrease of approximately 33.2%[31] - Cash outflow from investment activities increased to CNY 159,217,996.96 from CNY 140,436,272.31, marking a rise of about 13.4%[32] - Net cash flow from investment activities was CNY -121,858,108.56, worsening from CNY -84,543,940.82 in the previous period[32] - Cash inflow from financing activities reached CNY 1,533,000,000.00, significantly higher than CNY 474,000,000.00, an increase of approximately 223.5%[32] - Cash outflow from financing activities was CNY 1,564,986,996.07, compared to CNY 555,110,840.35, reflecting an increase of about 182.5%[32] - The net cash flow from financing activities improved to CNY -31,986,996.07 from CNY -81,110,840.35, indicating a positive trend[32] - The ending cash and cash equivalents balance decreased to CNY 974,525,267.53 from CNY 1,167,866,655.54, a decline of approximately 16.5%[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 161,886[11] - The largest shareholder, Shanghai Dazhong Public Utilities (Group) Co., Ltd., held 20.76% of the shares[11] - The top ten shareholders collectively held a significant portion of the company's equity, with the largest holding being 327,179,412 shares[11] Operational Insights - The company reported a non-operating income of CNY 11,213,451.99 after accounting for various non-recurring items[9] - Interest income increased by 46.77% to CNY 50,424,980.63 compared to the previous year due to an increase in business volume and consolidation scope[13] - Other receivables rose by 39.05% to CNY 128,405,175.68, indicating an increase in outstanding amounts[13] - Construction in progress increased by 69.55% to CNY 44,638,938.16, reflecting more ongoing projects compared to the beginning of the year[13] - The company's fixed asset clearance increased significantly by 6189.60% to CNY 5,863,188.22, indicating a rise in assets pending sale[13] - The company reported a 51.07% increase in non-operating expenses to CNY 5,082,271.30, primarily due to increased losses from fixed asset disposals[13] - The company plans to expand its market presence and invest in new product development to drive future growth[26] - The company is focusing on enhancing its technological capabilities to improve operational efficiency and customer satisfaction[26]