NJXB(SH:600682)2014-04-29 16:00Financial Performance - Net profit attributable to shareholders increased by 26.23% to CNY 60,289,622.55 year-on-year[9] - Operating revenue rose by 18.33% to CNY 901,420,420.08 compared to the same period last year[9] - Basic and diluted earnings per share increased by 30.77% to CNY 0.17[9] - Net profit for the current period was ¥61,070,574.30, representing a 29.6% increase from ¥47,117,233.17 in the previous period[28] - Basic earnings per share increased to ¥0.17 from ¥0.13, reflecting a growth of 30.8%[28] Asset and Liability Changes - Total assets decreased by 4.62% to CNY 4,215,121,575.78 compared to the end of the previous year[9] - The company’s total assets decreased from CNY 4,419.25 million to CNY 4,215.12 million, reflecting a reduction in both current and non-current assets[21] - Total liabilities decreased from CNY 3,007.49 million to CNY 2,741.86 million, indicating a reduction in financial obligations[21] - Total assets decreased to ¥3,300,962,501.64 from ¥3,413,468,540.78, a decline of 3.3%[24] - Total liabilities decreased to ¥2,047,717,116.31 from ¥2,210,918,715.21, a reduction of 7.4%[24] Cash Flow Analysis - Net cash flow from operating activities decreased by 245.77% to -CNY 24,152,419.95 compared to the previous year[9] - The net cash flow from operating activities showed a significant decline of 245.77%, dropping from CNY 1,656.84 million to -CNY 2,415.24 million, primarily due to increased cash payments for goods[15] - Cash generated from operating activities was ¥929,713,018.91, compared to ¥803,457,747.10 in the previous period, indicating a rise of 15.7%[33] - Total cash outflow from operating activities was CNY 1,005,901,663.56, up from CNY 857,490,191.66, indicating a rise of about 17.3%[35] - The net cash flow from financing activities was CNY -201,919,050.33, a decline from CNY 49,268,724.68 in the previous period[36] Investment Activities - The net cash flow from investing activities was CNY 288,526,153.60, a substantial improvement from CNY -15,813,976.92 in the prior period[36] - Cash inflow from investment activities totaled CNY 403,874,809.12, significantly higher than CNY 32,121,103.21 previously, marking an increase of over 1,100%[36] - Cash outflow from investment activities was CNY 115,348,655.52, compared to CNY 47,935,080.13, representing an increase of approximately 141.5%[36] Shareholder Information - The total number of shareholders at the end of the reporting period was not disclosed, but significant shareholders include Sanpower Group Co., Ltd. with 21.98% ownership[12] - The company’s equity increased from CNY 1,411.76 million to CNY 1,473.26 million, showing growth in shareholder value[21] - The company reported a total equity of ¥1,253,245,385.33, up from ¥1,202,549,825.57, reflecting a growth of 4.2%[24] Strategic Plans - The company plans to acquire approximately 89% equity in Highland Group Holdings Limited, pending board and shareholder approval[14] - The company will increase its investment in the associate company, Business Circle Network E-commerce Co., Ltd., maintaining its original shareholding ratio[14] - The company plans to establish an overseas subsidiary as part of its strategic expansion efforts[15] - The company plans to expand its market presence and invest in new product development to drive future growth[27] Operational Metrics - The weighted average return on net assets increased by 0.55 percentage points to 4.24%[9] - Accounts receivable increased by 51.32%, from CNY 1,185.73 million to CNY 1,794.23 million, attributed to increased operational receivables from subsidiaries[15] - The company reported a 41.26% increase in notes receivable, rising from CNY 398.62 million to CNY 563.10 million[15] - Prepayments decreased by 57.53%, from CNY 1,371.73 million to CNY 582.55 million, due to the reversal of advance payments to suppliers[15]