HSGC(SH:600774)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders decreased by 41.64% year-on-year to CNY 1,911,637.08[11] - Operating revenue increased by 1.37% year-on-year to CNY 261,495,475.68[11] - Operating profit decreased to ¥1,187,830.99 from ¥4,015,580.40, a decline of 70.5%[30] - Net profit for the current period is -¥719,948.17, compared to a net profit of ¥1,442,898.32 in the previous period, indicating a significant downturn[30] - Total profit for the current period is ¥1,489,191.95, down from ¥3,948,675.30, a decrease of 62.3%[30] - Earnings per share (EPS) decreased to ¥0.011 from ¥0.019, a drop of 42.1%[30] Assets and Liabilities - Total assets decreased by 1.89% from the end of the previous year to CNY 1,637,938,419.64[11] - Total assets decreased from CNY 1,669,412,371.42 at the beginning of the year to CNY 1,637,938,419.64, a decline of approximately 1.9%[22] - Current assets decreased from CNY 173,267,590.53 to CNY 144,928,450.27, representing a decrease of about 16.4%[22] - Total liabilities decreased from CNY 1,010,576,954.46 to CNY 979,822,950.85, a decrease of approximately 3.1%[24] - Current liabilities decreased from CNY 922,355,045.78 to CNY 894,491,539.76, a reduction of about 3.0%[24] - Total equity remained relatively stable, decreasing slightly from CNY 658,835,416.96 to CNY 658,115,468.79[24] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 510,564.68, improving from a net outflow of CNY 1,298,039.55 in the same period last year[11] - Cash inflow from financing activities was CNY 9,000,000.00, down from CNY 29,000,000.00 in the previous period[34] - Net cash flow from operating activities was negative at CNY -12,533,379.42, compared to a positive CNY 14,846,314.61 in the same period last year[34] - Cash outflow from investing activities was CNY 5,426,315.81, significantly lower than CNY 13,239,070.72 in the previous period[34] - Total cash outflow from operating activities was CNY 302,357,599.64, an increase of 4.3% from CNY 289,944,054.59[34] Shareholder Information - The number of shareholders increased to 12,467, with the top ten shareholders holding 81.25% of the total shares[13] Investments and Subsidies - The company received a subsidy of CNY 293,000 from Wuhan City for stabilizing employment positions[16] - The company reported an investment loss of -¥804,568.46, worsening from -¥656,311.67 in the previous period[30] Other Financial Metrics - The weighted average return on net assets decreased by 0.266 percentage points to 0.354%[11] - Cash and cash equivalents decreased by 30.63% to CNY 60,844,002.89 due to payments for project settlements[14] - Accounts receivable decreased by 59.37% to CNY 3,238,373.37, primarily due to the recovery of prior receivables[14] - Long-term investments in equity decreased marginally from CNY 82,058,973.06 to CNY 81,244,853.94[22] - Inventory increased from CNY 15,116,946.90 to CNY 16,170,769.59, an increase of approximately 7.0%[22] - The company’s management indicated a focus on cost control and efficiency improvements in future operations[30]