ISS(SH:600756)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders was CNY 6,772,001.97, an increase of 111.25% compared to a net loss of CNY 60,187,349.61 in the same period last year[11] - Operating revenue for the period was CNY 199,299,851.57, down 3.32% from CNY 206,150,619.99 in the previous year[11] - The company reported a net profit of RMB 6.23 million, compared to a net loss of RMB 60.24 million in the previous year, marking a significant turnaround[27] - Basic and diluted earnings per share for Q1 2014 were both RMB 0.024, recovering from a loss of RMB 0.216 per share in the same quarter last year[27] - Investment income for the quarter was RMB 9.52 million, a substantial improvement from a loss of RMB 52.65 million in the previous year[27] Cash Flow - The net cash flow from operating activities was negative CNY 60,427,917.87, a decline of 49.91% compared to negative CNY 40,308,685.75 in the same period last year[11] - Cash flow from operating activities showed a net outflow of RMB 60.43 million, worsening from a net outflow of RMB 40.31 million in the same period last year[31] - Cash inflow from investment activities totaled 162,196,177.36 RMB, significantly up from 3,850,240.88 RMB in the previous period[35] - The net cash flow from investment activities was 154,765,587.95 RMB, a substantial improvement from -178,599.68 RMB in the previous period[35] - The cash flow from operating activities showed a negative trend, which may require strategic adjustments to improve financial health moving forward[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,407,623,455.12, a decrease of 0.4% compared to the end of the previous year[11] - Total liabilities decreased from RMB 639.20 million at the beginning of the year to RMB 627.32 million by the end of the period, a reduction of approximately 1.37%[21] - Current liabilities totaled RMB 600.45 million, down from RMB 609.33 million, reflecting a decrease of about 1.45%[21] - Non-current liabilities decreased from RMB 29.87 million to RMB 26.87 million, a reduction of approximately 10.06%[21] - Total assets decreased from RMB 1,428.58 million to RMB 1,412.52 million, a decline of about 1.12%[25] Shareholder Information - The number of shareholders at the end of the reporting period was 45,942[14] - The largest shareholder, Inspur Software Group Co., Ltd., held 22.20% of the shares, totaling 61,881,000 shares[14] Inventory and Receivables - The company reported a significant decrease in accounts receivable notes by 95.79% due to the settlement of notes[17] - Accounts receivable rose from RMB 257.56 million to RMB 273.52 million, an increase of about 6.19%[23] - Inventory increased from RMB 193.12 million to RMB 210.38 million, showing a growth of approximately 8.93%[23] Cash and Cash Equivalents - The company’s cash and cash equivalents increased to CNY 310,317,966.46 from CNY 218,080,722.60 at the beginning of the year[19] - Cash and cash equivalents increased significantly from RMB 182.20 million to RMB 281.03 million, representing a growth of approximately 54.4%[23] - The total cash and cash equivalents at the end of the quarter stood at RMB 309.45 million, slightly down from RMB 313.16 million at the end of the previous year[32] - The total cash and cash equivalents at the end of the period increased to 280,162,459.49 RMB, compared to 274,703,908.45 RMB at the end of the previous period[35] Operating Costs and Expenses - Total operating costs decreased to RMB 204.92 million, down 3.9% from RMB 213.30 million year-over-year[27] - Sales expenses increased to RMB 13.91 million, up from RMB 6.64 million in the same period last year, indicating higher marketing efforts[27] - Management expenses decreased to RMB 49.81 million from RMB 51.50 million year-over-year, reflecting cost control measures[27]