NBZB(SH:600857)2014-04-24 16:00Financial Performance - Operating revenue for the first quarter was CNY 363,103,731.41, down 5.59% year-on-year[9] - Net profit attributable to shareholders was CNY 10,249,810.19, a decrease of 5.41% compared to the same period last year[9] - Total operating revenue for the first quarter was CNY 363,103,731.41, a decrease of 5.9% from CNY 384,620,827.90 in the previous year[30] - Total operating costs decreased to CNY 350,226,094.81, down 5.5% from CNY 370,476,471.99[30] - Net profit for the period was CNY 10,249,810.19, a decline of 5.4% compared to CNY 10,836,020.80 from the same period last year[30] - The company reported a basic earnings per share of CNY 0.046, down from CNY 0.048 in the previous year[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 730,072,138.28, a decrease of 1.40% compared to the previous year-end[9] - The total assets decreased to 730,072,138.28 CNY from 740,450,235.15 CNY, a decline of 1.9%[22] - Total assets increased to CNY 751,985,983.23 from CNY 737,868,720.57, reflecting a growth of 1.5%[26] - The total liabilities decreased from 283,000,000 CNY to 273,000,000 CNY, reflecting a reduction of approximately 3.54%[22] - Total liabilities rose to CNY 191,557,127.26, up from CNY 187,154,678.75, indicating an increase of 2.0%[27] - Shareholders' equity totaled CNY 560,428,855.97, compared to CNY 550,714,041.82, marking a growth of 1.3%[27] Cash Flow - The net cash flow from operating activities was negative CNY 39,047,609.22, compared to negative CNY 21,917,946.84 in the previous year[9] - The net cash flow from operating activities decreased by 78.15%, amounting to -39,047,609.22 CNY compared to -21,917,946.84 CNY in the same period last year[16] - Cash inflow from operating activities was 429,300,393.99 RMB, a decrease of 5.5% compared to 454,758,476.87 RMB in the previous period[34] - Cash outflow from operating activities totaled 468,348,003.21 RMB, down 1.5% from 476,676,423.71 RMB in the previous period[35] - Total cash inflow from operating activities was 451,037,331.40 RMB, slightly down from 451,141,503.09 RMB in the previous period[38] - Total cash outflow from operating activities was 466,401,097.73 RMB, a decrease from 475,044,744.53 RMB in the previous period[38] Inventory and Receivables - Accounts receivable increased by 33.83% to CNY 4,304,458.22 due to increased receivables from retail subsidiaries[14] - Inventory rose by 60.70% to CNY 73,540,429.44, attributed to increased stock of gold products[15] - Accounts receivable increased to 4,304,458.22 CNY from 3,216,301.83 CNY, reflecting a growth of 33.88%[21] - Inventory rose significantly to 73,540,429.44 CNY, up from 45,763,321.25 CNY, indicating a 60.67% increase[21] Financial Expenses and Gains - Financial expenses increased by 263.82% to CNY 998,936.48, primarily due to higher POS machine fees[15] - Non-recurring gains and losses amounted to CNY 697.50, a decrease of 99.77% compared to the previous year[15] - The company reported a significant reduction in tax payments by 36.93%, totaling 14,873,659.10 CNY compared to 23,584,393.42 CNY in the previous year[16] Shareholder Information - The number of shareholders totaled 16,892, with the top ten shareholders holding a combined 42.30% of shares[12] - The company has undergone a change in major shareholders, with 15.69% of shares transferred to Shanghai Zetian Investment Development Co., Ltd.[16] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[30]