STEC(SH:600820)2014-04-28 16:00Financial Performance - Net profit attributable to shareholders increased by 31.77% to CNY 266.70 million year-on-year[12] - Operating revenue rose by 11.73% to CNY 4.28 billion compared to the same period last year[12] - Basic earnings per share increased by 31.75% to CNY 0.2054[12] - The company reported a net profit of CNY 256.38 million after deducting non-recurring gains and losses, a 57.88% increase year-on-year[12] - Total operating revenue for the current period reached ¥4,283,897,371.03, an increase of 11.7% compared to ¥3,834,291,042.90 in the previous period[28] - Operating profit increased to ¥331,283,697.60, up 50.3% from ¥220,378,461.40 in the previous period[28] - Net profit attributable to shareholders of the parent company was ¥266,700,264.06, representing a 31.7% increase from ¥202,402,469.02 in the previous period[28] - Total comprehensive income for the current period was ¥268,129,301.92, up from ¥207,474,143.84 in the previous period[28] Cash Flow - Net cash flow from operating activities improved significantly to CNY 604.98 million, compared to a negative cash flow of CNY 767.11 million in the same period last year[12] - Cash flow from operating activities generated a net amount of ¥604,979,703.91, a significant recovery from a negative cash flow of ¥767,105,169.86 in the previous period[32] - Operating cash flow net amount reached ¥478,127,339.94, a significant improvement from the previous period's loss of ¥136,374,923.16[35] - Cash inflow from operating activities totaled ¥3,326,982,429.38, compared to ¥2,422,309,531.93 in the prior period, reflecting a growth of approximately 37.4%[35] - Cash outflow from operating activities increased to ¥2,848,855,089.44 from ¥2,558,684,455.09, marking an increase of about 11.3%[35] Assets and Liabilities - Total assets increased by 2.55% to CNY 58.51 billion compared to the end of the previous year[12] - The total assets of the company reached ¥58,508,598,663.03, up from ¥57,054,263,610.64, indicating an increase of 2.54%[21] - Current liabilities totaled CNY 11,683,005,137.44, up from CNY 11,076,470,104.20, indicating an increase of about 5.5%[26] - Total liabilities amounted to CNY 16,493,900,358.83, up from CNY 16,299,032,851.14, indicating an increase of approximately 1.2%[26] - Long-term borrowings decreased to CNY 150,000,000.00 from CNY 550,000,000.00, a reduction of 72.7%[26] Shareholder Information - The number of shareholders reached 72,714 at the end of the reporting period[15] - The largest shareholder, Shanghai Urban Construction (Group) Co., holds 52.33% of the shares[15] - The total equity attributable to shareholders rose to CNY 12,789,337,874.29 from CNY 12,424,828,740.99, reflecting an increase of approximately 2.9%[24] Investment and Expenses - Investment income for the current period was ¥283,039,311.71, slightly down from ¥302,711,197.53 in the previous period[28] - The company reported a decrease in management expenses to ¥212,026,571.13 from ¥275,244,858.53 in the previous period, reflecting improved cost control[28] - Cash outflow for investment activities surged to ¥993,532,708.17 from ¥12,965,992.10, indicating a significant increase in investment spending[35] Market Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[11] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[28] - The company has committed to avoiding new engineering construction business after the completion of existing contracts to mitigate competition risks[19]