东软集团(600718) - 2014 Q1 - 季度财报

Financial Performance - In Q1 2014, the company achieved operating revenue of CNY 1,614,198,738, representing a year-on-year increase of 12.78%[12] - The net profit attributable to shareholders was CNY 27,601,036, a decrease of 45.50% compared to the same period last year[12] - The net profit after deducting non-recurring gains and losses was CNY 24,725,985, an increase of 98.08% year-on-year[12] - The company reported a basic earnings per share of CNY 0.02, down 45.50% from the previous year[5] - Net profit for Q1 2014 was CNY 25,053,512, down 39.1% from CNY 41,112,389 in Q1 2013[27] - Operating profit decreased to CNY 18,545,137, a decline of 54.5% from CNY 40,808,914 in the previous year[27] - Total comprehensive income for Q1 2014 was CNY 34,339,575, an increase from CNY 28,465,989 in Q1 2013[28] Revenue Breakdown - The software and system integration business generated revenue of CNY 135,212,000, a year-on-year increase of 7.70%, accounting for 83.76% of total revenue[12] - The international software business reported revenue of USD 6,224,000, a decline of 25.68% year-on-year, representing 23.64% of total revenue[12] - The medical system business achieved revenue of CNY 24,468,000, a significant increase of 59.85% year-on-year, accounting for 15.16% of total revenue[12] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 862,683,934, a decrease of 3.25% compared to the same period last year[5] - Cash and cash equivalents decreased by CNY 964.48 million, a decline of 43.57%, with net cash flow from operating activities at -CNY 862.68 million[14] - Cash flow from operating activities showed a net outflow of CNY 862,683,934, slightly worse than the outflow of CNY 835,536,964 in the same period last year[31] - Cash and cash equivalents at the end of Q1 2014 were CNY 1,233,417,517, down from CNY 1,544,266,518 at the end of Q1 2013[31] - The net increase in cash and cash equivalents for the quarter was negative CNY 625,767,744, worsening from negative CNY 186,729,127 in the previous year[35] - The ending balance of cash and cash equivalents was CNY 573,357,814, down from CNY 861,129,098 at the end of Q1 2013, a decline of 33.5%[35] Expenses and Costs - Operating costs rose by CNY 76.15 million, an increase of 7.52%, attributed to the growth in operating revenue[14] - Management expenses surged by CNY 125.69 million, a rise of 56.99%, mainly due to increased labor and R&D costs[14] - The company reported a significant increase in management expenses, which rose to CNY 346,226,682 from CNY 220,533,794, marking a 57% increase[27] Asset and Liability Management - The company's total assets at the end of the reporting period were CNY 8,961,132,341, down 4.43% from the end of the previous year[5] - Total assets decreased from CNY 9,376,450,793 at the beginning of the year to CNY 8,961,132,341 by the end of the quarter, a decline of approximately 4.4%[22] - Current assets totaled CNY 5,366,693,726, down from CNY 5,807,522,254, representing a decrease of about 7.6%[22] - Total liabilities decreased from CNY 3,860,386,913 to CNY 3,410,728,886, a decline of about 11.6%[22] - Shareholders' equity increased from CNY 5,516,063,880 to CNY 5,550,403,455, reflecting a growth of approximately 0.6%[23] Investment Activities - Net cash flow from investing activities was -CNY 63.86 million, a decrease of 122.22%, primarily due to reduced net purchases and recoveries of bank financial products[17] - Cash inflow from investment activities totaled CNY 668,771,794, significantly higher than CNY 401,275,717 in Q1 2013, marking an increase of 66.7%[34] - Total cash outflow for investment activities was CNY 706,373,587, compared to CNY 51,971,682 in Q1 2013, indicating a significant increase in investment spending[34] Other Financial Metrics - Other comprehensive income increased by CNY 21.93 million, a growth of 173.43%, mainly due to changes in foreign currency translation differences[15] - The company declared a cash dividend of CNY 1.1 per 10 shares, totaling CNY 135.04 million, approved at the 2013 annual general meeting[19] - The company reported a significant decrease in tax payable by CNY 93.67 million, a decline of 138.57%, due to payments made during the reporting period[14] - The company experienced a 73.14% increase in notes receivable, up by CNY 10.37 million, due to increased settlements in the form of notes for software and system integration contracts[14]