EBJB(SH:600622)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders increased by 6.32% to CNY 111,006,975.04 for the first quarter[12] - Operating revenue for the first quarter was CNY 527,870,368.35, representing a 6.15% increase year-on-year[12] - The company reported a basic earnings per share of CNY 0.216, up 6.40% from the previous year[12] - The net profit attributable to the parent company increased to 1,401,629,983.36 RMB, compared to 1,290,623,008.32 RMB at the beginning of the year, showing a growth of approximately 8.61%[24] - Net profit for the period was ¥111,758,235.85, up from ¥104,214,202.24, reflecting a growth of approximately 7.4% year-over-year[31] - Basic and diluted earnings per share increased to ¥0.216 from ¥0.203, marking an increase of about 6.4%[31] - The company reported a total comprehensive income of ¥117,761,332.87, compared to ¥104,131,446.13 in the previous period, indicating an increase of approximately 13.0%[31] Assets and Liabilities - Total assets increased by 5.87% to CNY 8,363,247,600.93 compared to the end of the previous year[12] - Current assets increased to 7,190,399,761.82 RMB from 6,731,087,491.63 RMB at the beginning of the year, reflecting a growth of approximately 6.83%[22] - Inventory rose significantly to 5,526,790,647.17 RMB, up from 4,765,117,902.87 RMB, indicating an increase of about 16%[22] - Total liabilities increased to 5,066,427,565.91 RMB from 4,760,538,023.50 RMB, representing a rise of approximately 6.81%[23] - The company's total assets reached 8,363,247,600.93 RMB, up from 7,899,596,725.65 RMB, marking an increase of about 5.86%[24] - The total owner's equity rose to 3,296,820,035.02 RMB from 3,139,058,702.15 RMB, reflecting an increase of about 5.03%[24] Cash Flow - The net cash flow from operating activities was negative CNY 1,254,313,193.92, primarily due to land transfer payments[12] - Cash flow from operating activities showed a net outflow of ¥1,254,313,193.92, compared to a net outflow of ¥178,214,635.74 in the previous period[36] - Cash flow from investment activities generated a net inflow of ¥809,241,800.62, significantly up from ¥49,184,611.57 in the prior period[37] - Cash flow from financing activities resulted in a net inflow of ¥351,681,234.13, compared to ¥122,639,982.04 in the previous period[37] - Net cash flow from investing activities was $709,742,533.42, compared to $20,662,027.38 in the previous period[40] - Cash inflow from financing activities totaled $390,000,000.00, up from $158,000,000.00 year-over-year[40] - Net cash flow from financing activities was $315,985,819.45, significantly higher than $38,485,299.44 in the prior period[40] - The net increase in cash and cash equivalents was $283,657,169.69, contrasting with a decrease of $47,297,032.00 previously[40] - The ending balance of cash and cash equivalents reached $430,197,415.62, compared to $99,831,382.81 at the end of the last period[40] Investments and Expenses - The company’s investment income increased by CNY 4,870,000, mainly from investments in principal-protected bank financial products and government bond repurchases[16] - The company’s sales expenses increased by CNY 3,930,000, primarily due to higher sales costs in the real estate sector[16] - Investment income from associates and joint ventures was ¥3,989,506.44, down from ¥6,514,884.26, a decrease of about 38.7%[30] Real Estate Development - The total construction area for real estate development was 1,100,997 square meters, with a planned total investment of CNY 677,013,000[17] - The total leasable area is 105,411 square meters, with an overall occupancy rate of 97.30%[20] - The average basic rent for industrial properties is 23.83 RMB/square meter/month, while for commercial properties, it is 142.10 RMB/square meter/month[20] - The company has committed to maintaining a stable rental income and exploring new market opportunities to enhance growth[20] Borrowings - The company’s short-term borrowings increased by CNY 317,000,000, mainly due to bank loans received[16] - The company reported a short-term loan of 390,000,000.00 RMB, significantly up from 73,000,000.00 RMB at the beginning of the year, indicating a substantial increase[23]