HIGHLY(SH:600619)2014-04-27 16:00Financial Performance - Operating revenue for the first quarter reached CNY 1,842,757,035.84, an increase of 8.22% year-on-year [10]. - Net profit attributable to shareholders increased by 9.42% to CNY 34,638,921.29 compared to the same period last year [10]. - The net profit after deducting non-recurring gains and losses rose by 21.06% to CNY 28,101,148.27 [10]. - The company's operating revenue for Q1 2014 was 1.84276 billion RMB, representing a year-on-year growth of 8.22% [25]. - The net profit attributable to shareholders for Q1 2014 was 34.64 million RMB, an increase of 9.42% compared to the previous year [25]. - Net profit for Q1 2014 was ¥47,970,286.17, representing a 7.5% increase from ¥44,719,805.44 in Q1 2013 [34]. - The net profit attributable to shareholders of the parent company was ¥34,638,921.29, up from ¥31,656,666.48 year-on-year, reflecting a growth of 9.4% [34]. Assets and Liabilities - Total assets increased by 11.22% to CNY 9,037,392,228.42 compared to the end of the previous year [10]. - The total assets of the company as of March 31, 2014, were 9.037 billion RMB, an increase from 8.125 billion RMB at the beginning of the year [28]. - Total liabilities decreased to ¥1,163,363,555.95 from ¥1,194,436,217.96 at the start of the year, indicating a reduction of approximately 2.6% [31]. - Shareholders' equity totaled ¥1,836,135,965.51, down from ¥1,840,675,835.66 at the beginning of the year [31]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 253,456,360.11, an improvement from the previous year's outflow of CNY 322,482,995.03 [10]. - Operating cash inflow for the period was CNY 1,585,696,674.65, a slight decrease from CNY 1,608,033,780.33 in the previous period [38]. - Cash inflow from financing activities was CNY 839,133,789.59, down from CNY 1,418,543,527.26 in the previous period [39]. - The company reported a net cash flow decrease of CNY -8,542,694.25 for the period, contrasting with an increase of CNY 268,458,068.84 in the previous period [39]. Production and Sales - The company produced 5.1708 million air conditioning compressors in Q1 2014, a year-on-year increase of 22.05% [25]. - The company sold 4.7656 million air conditioning compressors in Q1 2014, a year-on-year increase of 15.57% [25]. Shareholder Information - The number of shareholders reached 50,860, with the top ten shareholders holding 37.25% of the shares [13]. - Basic and diluted earnings per share remained stable at ¥0.05 for both Q1 2014 and Q1 2013 [34]. Government Subsidies and Other Income - The company recognized government subsidies of CNY 11,733,891.88 related to normal business operations [11]. - The company's investment income increased by 3.67 million RMB year-on-year, attributed to better performance of equity-accounted joint ventures and increased interest income from entrusted loans [22]. - The company reported an investment income of ¥3,339,416.62 in Q1 2014, compared to a loss of ¥326,373.20 in the same period last year [34]. - Other comprehensive income for Q1 2014 was ¥9,105,019.49, a significant recovery from a loss of ¥786,363.90 in Q1 2013 [34].