SXN(SH:600661)2014-04-28 16:00Financial Performance - Operating revenue increased by 16.18% to CNY 140,335,796.82 year-on-year[9] - Net profit attributable to shareholders decreased by 67.17% to CNY 772,743.76 compared to the same period last year[9] - The company reported a basic earnings per share of CNY 0.0044, down 67.65% from CNY 0.0136 in the previous year[9] - Net profit for the first quarter of 2014 was CNY 4,851,660.81, compared to CNY 2,597,523.68 in the previous year, representing an increase of 86.7%[35] - Basic earnings per share for the first quarter of 2014 were CNY 0.0044, down from CNY 0.0136 in the previous year[35] - The company reported a comprehensive income total of CNY -831,340.54 for the first quarter, compared to CNY -14,939,419.35 in the same period last year[35] Cash Flow - Net cash flow from operating activities was negative at CNY -18,089,295.61, an improvement from CNY -20,030,997.21 in the previous year[9] - Net cash flow from operating activities increased by CNY 1,941,700, an increase of 9.69%, mainly due to increased cash received from sales of goods and services[20] - Net cash flow from investing activities decreased by CNY 3,909,900, a reduction of 176.23%, primarily due to the increase in cash balance from the digital television project in the previous year[20] - Net cash flow from financing activities increased by CNY 33,352,500, an increase of 74.86%, mainly due to an increase in net bank loans during the reporting period[20] - Cash inflow from investment activities decreased significantly to ¥580,912.82 from ¥5,587,742.93, a decline of 89.6%[42] - Cash outflow from investment activities was ¥2,272,230.61, down from ¥3,369,094.80, showing a decrease of 32.5%[42] - Cash inflow from financing activities increased to ¥70,159,072.64 from ¥60,470,000.00, a rise of 28.0%[43] - Net cash flow from financing activities improved to -¥11,202,261.85 from -¥44,554,799.05, reflecting a positive change of 74.9%[43] - The company reported a net increase in cash and cash equivalents of -¥30,982,880.37, an improvement from -¥62,370,807.22, indicating a reduction in cash depletion by 50.3%[43] Assets and Liabilities - Total assets decreased by 4.57% to CNY 941,484,615.27 compared to the end of the previous year[9] - Total assets decreased from CNY 986,595,491.85 at the beginning of the year to CNY 941,484,615.27 at the end of the period[26] - Current liabilities decreased from CNY 551,729,745.30 at the beginning of the year to CNY 509,457,242.54 at the end of the period[27] - The total assets as of March 31, 2014, amounted to CNY 671,602,102.37, an increase from CNY 650,641,509.50 at the beginning of the year[33] - The total liabilities as of March 31, 2014, were CNY 335,962,628.41, compared to CNY 307,255,472.27 at the start of the year, indicating a rise of 9.1%[33] - The total equity attributable to shareholders was CNY 345,826,898.17, slightly down from CNY 350,737,155.76 at the beginning of the year[32] - The company's long-term investments stood at CNY 501,122,967.29, a slight decrease from CNY 504,912,689.43 at the beginning of the year[32] Shareholder Information - The number of shareholders at the end of the reporting period was 15,074[12] - The largest shareholder, Shanghai Jiao Tong University Industry Investment Management (Group) Co., Ltd., holds 38.446% of the shares[12] Receivables and Payables - Accounts receivable decreased by 48.49% to CNY 8,074,400 from the beginning of the year[15] - Other receivables increased by 43.04% to CNY 13,143,200 compared to the beginning of the year[15] - Accounts payable decreased by CNY 23,128,200, a reduction of 32.45%, primarily due to the payment of procurement amounts during the reporting period[16] - Employee compensation payable decreased by CNY 4,681,100, a reduction of 72.88%, mainly due to the payment of employee compensation during the reporting period[16] Investment Income - Investment income decreased by CNY 7,673,100, a reduction of 81.05%, primarily due to a significant decrease in profits from the associated company[17] - Other comprehensive income increased by CNY 11,853,900, an increase of 67.59%, mainly due to a reduced decline in the fair value of financial assets held by the associated company[18]