Wangfujing(SH:600859)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders increased by 0.45% to CNY 222.97 million year-on-year[5] - Operating revenue decreased by 4.97% to CNY 5.24 billion compared to the same period last year[5] - Total operating revenue for the current period is ¥5,240,136,544.44, a decrease of 4.94% from ¥5,513,959,950.79 in the previous period[24] - Net profit for the current period is ¥222,782,602.38, slightly up from ¥221,821,033.22, representing a growth of 0.43%[24] - The company reported a comprehensive income total of ¥224,706,677.62, up from ¥210,395,441.57, indicating an increase of 6.80%[24] Assets and Liabilities - Total assets decreased by 4.97% to CNY 13.34 billion compared to the end of the previous year[5] - The company's total liabilities decreased from CNY 7,771,788,586.82 to CNY 6,849,857,093.46, representing a reduction of about 11.83%[18] - Total liabilities decreased to ¥6,942,145,204.41 from ¥7,361,469,422.69, indicating a reduction of approximately 5.67%[22] - Total assets decreased to ¥13,087,671,316.07 from ¥13,479,497,089.03, reflecting a decline of about 2.91%[22] - The total equity increased from CNY 6,268,354,172.46 to CNY 6,493,060,850.08, indicating a growth of approximately 3.58%[19] Cash Flow - Net cash flow from operating activities was negative at CNY -604.47 million, a decrease of 1,210.05% year-on-year[5] - Cash flow from operating activities showed a net outflow of ¥604,468,033.86, contrasting with a net inflow of ¥54,454,109.72 in the previous period[29] - The net cash flow from operating activities was -172,854,023.77 RMB, a significant decline compared to 509,988,391.73 RMB in the previous period[32] - Total cash and cash equivalents at the end of the period decreased to 4,849,993,443.34 RMB from 6,964,368,660.87 RMB[33] - The total cash and cash equivalents decreased by 508,110,442.03 RMB during the period, compared to an increase of 1,421,329,170.58 RMB previously[33] Shareholder Information - The number of shareholders increased to 40,699[7] - There were no significant violations of commitments by major shareholders during the reporting period[13] Investment and Other Income - Investment income increased significantly by 220.93% to CNY 30.63 million compared to the previous period[12] - Other operating income decreased by 75.71% to CNY 1.03 million year-on-year[12] Operational Metrics - The weighted average return on equity decreased by 0.181 percentage points to 3.497%[5] - The company's retained earnings increased to ¥1,451,144,686.67 from ¥1,425,570,316.59, showing a growth of 1.80%[22] - The company's prepayments increased from CNY 29,985,646.01 to CNY 46,888,170.02, an increase of approximately 56.36%[17] - The total liabilities to equity ratio improved from approximately 1.24 to 1.06, indicating a stronger equity position relative to liabilities[18][19] Inventory and Receivables - Accounts receivable decreased by 40.88% to CNY 62.64 million compared to the beginning of the period[10] - Inventory decreased slightly from CNY 382,266,822.13 to CNY 362,227,134.64, reflecting a decrease of about 5.24%[17] - Accounts receivable decreased from CNY 105,942,812.03 to CNY 62,638,013.92, a drop of approximately 40.83%[17] Construction and Capital Expenditure - The company reported a significant increase in construction in progress by 54.03% to CNY 59.57 million[10] Compliance and Commitments - The company has committed to not engaging in direct competition with Beijing Wangfujing Dong'an Group and its affiliates, ensuring compliance with competitive practices[13]