EBJB(SH:600622)2014-08-19 16:00Financial Performance - The company achieved operating revenue of RMB 959.41 million, representing a 9.73% increase compared to the same period last year[16]. - Net profit attributable to shareholders reached RMB 276.47 million, a 63.20% increase year-on-year[16]. - Basic earnings per share increased by 63.53% to RMB 0.538 compared to RMB 0.329 in the same period last year[15]. - The weighted average return on net assets rose by 3.026 percentage points to 9.787%[15]. - The company's net profit attributable to shareholders reached CNY 276 million, achieving 95.33% of the annual budget target[24]. - The company reported a net profit margin improvement, with retained earnings increasing to ¥1,464,227,639.67 from ¥1,290,623,008.32, a rise of approximately 13.5%[71]. - The company reported a net profit of 276,465,391.75 CNY for the period, contributing to an increase in total equity[85]. - The net profit for the current period was CNY 169,404,894.43, contributing to an increase in retained earnings[87]. Asset Management - Total assets increased by 14.68% to RMB 9.06 billion compared to the end of the previous year[16]. - The total assets at the beginning of the year were CNY 2,197,192,342.31[90]. - The total assets of Shanghai Jiabao Qiyi Real Estate Co., Ltd. amounted to 26,426.82 million RMB, with a net profit of 106.80 million RMB[40]. - Total current assets increased from 6,731,087,491.63 RMB to 7,742,324,932.33 RMB, representing a growth of about 15.0%[69]. - Total equity reached ¥3,349,161,195.18, up from ¥3,139,058,702.15, indicating a growth of around 6.7%[71]. - The total amount of prepayments to the top five suppliers was 10,033,016.14 RMB, all within one year[188]. Cash Flow - The company maintained a stable cash flow despite a net cash outflow from operating activities of RMB 1.12 billion[16]. - The net cash flow from operating activities decreased to CNY -1.12 billion, compared to CNY -362.11 million in the previous year[20]. - Cash flow from operating activities showed a net outflow of ¥1,124,462,778.50, worsening from a net outflow of ¥362,111,573.95 in the previous period[81]. - Cash inflow from investment activities totaled 1,665,040,126.00 CNY, up from 1,100,445,251.85 CNY in the prior period, resulting in a net cash flow of 521,164,019.50 CNY[83]. - The company reported a decrease in cash and cash equivalents by RMB 228,257,282.28 compared to the beginning of the year, primarily due to land payments made during the reporting period[170]. Investment Activities - The net cash flow from investment activities increased significantly by 617.55% to CNY 391.36 million, up from CNY 54.54 million[20]. - The company has engaged in entrusted wealth management, with a total amount of ¥122.2 million, yielding a total return of ¥475.44 thousand[37]. - The company has provided a loan of ¥11 million to Kunshan Jiabao Wanshang Cultural Investment Co., Ltd. with a term of 24 months at an interest rate of 6.15%[39]. - The company reported a loss of ¥400,000 from its investment in Changjiang Securities, while the investment in China Petroleum generated a loss of ¥40,800[32]. - The company has made a profit of ¥1,643,054.62 from securities investments sold during the reporting period[32]. Debt and Liabilities - The company's short-term borrowings increased by 571.23% to CNY 490 million compared to CNY 73 million last year[20]. - Current liabilities rose to ¥5,318,439,218.31, compared to ¥4,440,688,021.45, reflecting an increase of about 19.7%[70]. - Total guarantees (including those to subsidiaries) amounted to RMB 17,000 million, representing 5.94% of the company's net assets[53]. - The company reported a total guarantee amount of RMB 4,400 million during the reporting period, excluding guarantees to subsidiaries[53]. Corporate Governance - The company has strengthened internal control and governance, revising several key internal documents[57]. - The company plans to continue enhancing its governance structure in line with legal requirements[57]. - The company has not faced any penalties or administrative actions from the China Securities Regulatory Commission during the reporting period[56]. - The company has appointed new board members and executives as part of its board restructuring[67]. Shareholder Information - The total number of shareholders at the end of the reporting period is 75,479[61]. - The largest shareholder, Jiading Jianye Investment Development Co., holds 12.13% of shares, totaling 62,397,456 shares[61]. - The company distributed CNY 102,860,760.40 to shareholders, impacting the overall equity[91]. Real Estate Development - The company completed the divestment of all holding-type industrial enterprises, strengthening its core business[18]. - The company ranked 130th in the "2014 China Real Estate Development Enterprises Top 500" list[19]. - The cumulative sales area for the company's real estate development in Shanghai reached 392,457 square meters, with a total investment of 496,013 million RMB[43]. - The rental rate for industrial properties was 100.00%, with an average basic rent of 23.83 RMB per square meter per month[44]. Inventory Management - The company's inventory increased by 35.49% to CNY 6.46 billion, up from CNY 4.77 billion[20]. - The company reported a significant increase in inventory, which rose from 4,765,117,902.87 RMB to 6,456,172,119.09 RMB, reflecting a growth of about 35.5%[69]. - The total inventory at the end of the period increased by 1,691,054,216.22 RMB, mainly due to new land reserves acquired during the reporting period[196]. Financial Reporting - The company adheres to the accounting standards and claims that its financial statements reflect a true and complete picture of its financial status[97]. - The accounting period for the company runs from January 1 to December 31 each year[98]. - The company's financial statements indicate no changes in accounting policies during the reporting period[160].