Golden Bridge(SH:600639)2014-04-29 16:00Financial Performance - Net profit attributable to shareholders was CNY 52,916,213.79, representing a decrease of 45.49% year-on-year [10]. - Operating revenue for the period was CNY 255,251,600.73, down 25.42% compared to the same period last year [10]. - Net profit for the current period is CNY 53,824,715.05, a decline of 47.8% from CNY 103,054,215.04 in the previous period [31]. - Basic earnings per share for the current period is CNY 0.0570, down from CNY 0.1045 in the previous period [31]. - Total operating revenue for the current period is CNY 255,251,600.73, a decrease of 25.4% compared to CNY 342,253,088.14 in the previous period [30]. Cash Flow - The net cash flow from operating activities was CNY 12,708,966.61, a significant improvement from a negative cash flow of CNY 134,043,529.26 in the previous year [10]. - Net cash flow from operating activities increased by CNY 146,752,495.87 compared to the same period last year, primarily due to an increase in cash inflow from core business operations [18]. - Cash flow from operating activities is not detailed in the provided data, but the company reported a significant change in cash flow dynamics [35]. - Operating cash inflow for the current period reached ¥437,386,189.56, a significant increase from ¥253,016,897.06 in the previous period, representing a growth of approximately 72.9% [36]. - The net cash flow from financing activities was ¥13,399,716.17, a decline from ¥298,360,039.33 in the previous period [38]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 10,305,657,348.70, a slight decrease of 0.01% compared to the end of the previous year [9]. - Total current assets decreased from CNY 2,813,999,622.39 to CNY 2,741,322,993.25, reflecting a decline in cash and accounts receivable [22]. - Total liabilities decreased from CNY 5,323,174,323.30 to CNY 5,268,716,224.13, indicating a slight reduction in financial obligations [24]. - Total equity increased from CNY 4,983,455,787.82 to CNY 5,036,941,124.57, reflecting retained earnings growth [24]. - Total assets amount to CNY 4,931,424,677.09, a decrease from CNY 5,062,434,308.37 in the previous period [28]. Receivables and Inventory - Accounts receivable decreased by 71.37% to CNY 26,940,669.84, primarily due to timely collection of sales proceeds [15]. - Accounts receivable decreased from CNY 94,089,338.41 to CNY 26,940,669.84, indicating improved collection or reduced sales [22]. - Inventory increased from CNY 2,161,837,142.74 to CNY 2,246,273,479.40, suggesting potential overstocking or anticipated demand [22]. - Inventory increased to CNY 232,639,916.05 from CNY 131,731,150.61, indicating a potential buildup of stock [28]. Shareholder Information - The total number of shareholders was 95,803, with the largest shareholder holding 43.82% of the shares [12]. - The company plans to issue up to 292.2 million A-shares, with the controlling shareholder participating in the subscription [20]. - The company is currently undergoing auditing and evaluation for the acquisition of a 39.6% stake in a subsidiary, which is pending completion before further shareholder approval [20]. Expenses - Financial expenses increased by 65.02% to CNY 42,656,861.52, attributed to increased interest expenses from completed projects [16]. - Sales expenses rose by 53.28% to CNY 4,109,035.09, driven by increased rental income and related intermediary fees [16]. - Total operating costs for the current period are CNY 180,758,730.76, down 14.2% from CNY 210,651,910.55 in the previous period [31].