STEC(SH:600820)2015-04-28 16:00Financial Performance - Operating revenue increased by 11.86% to CNY 4.79 billion year-on-year[7] - Net profit attributable to shareholders rose by 10.66% to CNY 295.12 million[7] - Basic earnings per share decreased by 10.00% to CNY 0.09[7] - The company reported a net profit margin improvement, with undistributed profits rising from CNY 4.57 billion to CNY 4.87 billion, an increase of about 6.9%[21] - Net profit for the current period was ¥297,938,448.18, a 9.83% increase from ¥272,378,531.57 in the previous period[26] Cash Flow - Cash flow from operating activities showed a significant decline of 249.19%, resulting in a negative cash flow of CNY 902.54 million[7] - Cash flow from operating activities showed a net outflow of ¥902,539,145.16, contrasting with a net inflow of ¥604,979,703.91 in the previous period[31] - Cash inflow from operating activities totaled 2,187,752,354.71 RMB, down from 3,326,982,429.38 RMB in the same period last year[34] - Cash outflow for purchasing goods and services was 2,074,315,451.17 RMB, compared to 2,311,484,978.04 RMB in the previous year[34] - Cash flow from financing activities net amount was 753,891,164.87 RMB, a decrease from 2,166,355,272.71 RMB in the previous period[33] Assets and Liabilities - Total assets decreased by 2.48% to CNY 57.36 billion compared to the end of the previous year[7] - Total liabilities decreased from CNY 42.85 billion to CNY 41.08 billion, a reduction of approximately 4.1%[21] - Current assets decreased from CNY 10.44 billion to CNY 9.57 billion, a decline of about 8.4%[23] - Total current assets decreased to CNY 27,685,767,724.85 from CNY 29,204,463,027.43, reflecting a reduction of approximately 5.22%[20] - The total assets amounted to CNY 57,356,488,349.04, down from CNY 58,814,439,540.10, indicating a decrease of about 2.48%[20] Shareholder Information - The number of shareholders reached 128,266 at the end of the reporting period[11] - The largest shareholder, Shanghai Tunnel Engineering Group, holds 43.46% of the shares[11] Expenses - The company's management expenses rose by 52.00% to CNY 322,271,822.53, attributed to increased research and development investments[15] - The company's sales expenses decreased by 53.71% to CNY 3,259,379.93, due to reduced business expenditures[15] Inventory and Receivables - The company's inventory increased significantly to CNY 7,239,801,676.42, up from CNY 5,839,470,194.42, representing an increase of 23.93%[20] - The company reported a significant increase of 196.00% in accounts receivable due to the maturity of receivables[14] - Accounts receivable decreased from CNY 5.41 billion to CNY 4.78 billion, a decrease of about 11.7%[23] Investment Activities - The company experienced a significant increase in cash inflow from investment activities, totaling ¥1,813,436,853.97 compared to ¥311,981,549.64 in the previous period[31] - Cash inflow from investment activities was 1,152,688,929.67 RMB, an increase from 786,480,269.06 RMB year-over-year[34] Other Financial Metrics - The weighted average return on net assets decreased by 0.05 percentage points to 1.87%[7] - Non-recurring gains and losses totaled CNY 34.10 million, primarily from government subsidies and asset disposals[9] - The fair value changes in financial assets resulted in a gain of CNY 435,664.46, a significant increase of 469.99% compared to the previous period[15] - The company reported a decrease in minority shareholders' profit by 50.39%, amounting to CNY 2,817,109.69, due to reduced profits from associated companies[15] - The deferred income tax assets decreased by 40.81% to CNY 102,514,398.12, primarily due to changes in asset impairment provisions[15]