YYTM(SH:600655)2014-04-29 16:00Financial Performance - Operating revenue for the first quarter was CNY 6,209,143,296.52, representing a decrease of 5.46% year-on-year[10] - Net profit attributable to shareholders was CNY 166,684,913.35, down 15.80% from the same period last year[10] - Basic and diluted earnings per share were both CNY 0.116, down 15.94% year-on-year[10] - Net profit for the current period is CNY 173,318,178.96, a decline of 17.66% compared to CNY 210,588,159.75 in the previous period[35] - Earnings per share (EPS) for the current period is CNY 0.116, down from CNY 0.138 in the previous period[35] Cash Flow - Cash flow from operating activities amounted to CNY 320,072,534.10, a decline of 19.49% compared to the previous year[10] - Net cash flow from operating activities for Q1 2014 was 320,072,534.10 yuan, down 19.49% from 397,569,631.94 yuan in Q1 2013[23] - Cash generated from operating activities was CNY 6,778,527,814.93, a decrease from CNY 7,457,079,418.58 in the previous period[39] - Operating cash inflow totaled CNY 6,872,787,855.34, a decrease from CNY 7,625,134,737.66 in the previous period, reflecting a decline of approximately 9.9%[40] - Net cash flow from operating activities was CNY 320,072,534.10, down from CNY 397,569,631.94, indicating a decrease of about 19.5%[40] - Cash inflow from operating activities was CNY 493,702,269.00, down from CNY 869,532,107.49, reflecting a decrease of approximately 43.3%[44] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 14,820,408,418.13, an increase of 8.20% compared to the end of the previous year[10] - The company's total liabilities increased to 7,538,871,166.21 yuan from 6,581,767,557.18 yuan at the beginning of the year[29] - The total equity attributable to shareholders increased to 6,746,571,184.99 yuan from 6,572,057,883.21 yuan at the beginning of the year[29] - Total assets increased to CNY 8,825,402,698.48 from CNY 8,148,935,160.03, reflecting a growth of 8.29%[32] - Total liabilities rose to CNY 4,452,573,523.92, an increase of 16.14% from CNY 3,834,254,184.65[32] - The company reported a total equity of CNY 4,372,829,174.56, up from CNY 4,314,680,975.38, indicating a growth of 1.35%[32] Shareholder Information - The total number of shareholders was 135,206 at the end of the reporting period[15] - The largest shareholder, Shanghai Fosun Industrial Investment Co., Ltd., holds 17.26% of the shares[15] Investment Activities - Investment income decreased by 194,605,393.07 yuan, a decline of 164.32% year-on-year, mainly due to reduced investment income from equity method investments in subsidiaries[21] - The company transferred 100% equity of Zhejiang Yichuan Investment Management Co., Ltd. for 36.5 million yuan and 100% equity of Hangzhou Shicheng Economic Information Service Co., Ltd. for 36.52 million yuan[25] - The cash received from the equity transfers so far is 1 million yuan from each of the two companies involved in the transactions[25] Cash Flow from Investment and Financing Activities - Net cash flow from investing activities increased by 63,423,878.30 yuan, a rise of 183.48% year-on-year, due to higher cash recovered from short-term idle funds investments[23] - Investment activities generated a net cash flow of CNY 97,991,596.86, compared to CNY 34,567,718.56 in the previous period, showing an increase of approximately 183.5%[41] - The company reported a total cash inflow from investment activities of CNY 2,293,828,671.53, significantly higher than CNY 63,793,410.15 in the previous period[41] - Total cash outflow from financing activities was CNY 32,429,607.75, compared to CNY 270,630,604.26 in the previous period, indicating a reduction of approximately 88%[41] Other Financial Metrics - The weighted average return on equity decreased by 0.84 percentage points to 2.503%[10] - The company's trading financial liabilities increased by 1,360,384,920.00 yuan, a rise of 63.75% compared to the beginning of the year, primarily due to an increase in the quantity of gold leases and a rise in the closing price of gold on the Shanghai Gold Exchange[19] - Total operating costs decreased to CNY 5,923,443,646.90, down 8.18% from CNY 6,450,791,983.82[34] - Cash and cash equivalents at the end of the period amounted to CNY 2,160,208,160.07, slightly down from CNY 2,170,256,032.79[42] - The impact of exchange rate changes on cash and cash equivalents was CNY 481,699.96, compared to CNY 382,090.46 in the previous period[42] - The company experienced a net increase in cash and cash equivalents of CNY 386,116,223.17, up from CNY 162,888,836.70 in the previous period[42]