JONJEE(SH:600872)2014-04-28 16:00Financial Performance - Net profit attributable to shareholders rose by 105.65% to CNY 79,165,865.33 year-on-year[12] - Operating revenue grew by 31.30% to CNY 675,346,708.91 compared to the same period last year[12] - Basic earnings per share increased by 105.80% to CNY 0.0994[12] - The company reported a net profit excluding non-recurring gains and losses of CNY 79,134,565.47, up 117.09% year-on-year[12] - Net profit for Q1 2014 reached CNY 78,908,419.56, representing a 108.8% increase from CNY 37,753,223.84 in Q1 2013[27] - The company's operating revenue for the current period reached ¥56,507,907.22, a significant increase from ¥10,816,057.21 in the previous period, representing a growth of approximately 423.5%[29] - The net profit for the current period was ¥1,929,731.75, compared to a net loss of ¥6,771,515.15 in the previous period, marking a turnaround in profitability[29] - The company reported a total profit of ¥2,436,585.17, recovering from a loss of ¥6,694,644.78 in the previous period[29] Asset Management - Total assets increased by 1.15% to CNY 3,738,506,778.97 compared to the end of the previous year[12] - The company’s total assets increased to ¥3,738,506,778.97 from ¥3,696,122,566.48, reflecting overall growth in asset base[21] - Total assets as of March 31, 2014, amounted to CNY 2,070,753,154.41, slightly up from CNY 2,063,813,337.21 at the beginning of the year[25] Cash Flow - Net cash flow from operating activities improved significantly, reaching CNY 34,734,486.19, a 265.94% increase from the previous year[12] - The cash flow from operating activities generated a net amount of ¥34,734,486.19, recovering from a negative cash flow of ¥20,931,495.90 in the previous period[32] - The total cash inflow from investment activities was ¥558,837,600.45, while cash outflow was ¥700,971,198.23, resulting in a net cash flow of -¥142,133,597.78 for investment activities[32] - The cash flow from financing activities resulted in a net outflow of -¥40,473,675.21, compared to -¥51,772,508.34 in the previous period, indicating improved cash management[32] Shareholder Information - The total number of shareholders reached 73,150 by the end of the reporting period[15] - The largest shareholder, Zhongshan Torch Group Co., Ltd., holds 10.72% of the shares, amounting to 85,425,450 shares[15] Expenses and Liabilities - The company's sales expenses rose by 44.47% to ¥61,859,147.02, reflecting increased sales activities corresponding to revenue growth[18] - The impairment loss on assets surged by 549.48% to ¥919,965.70, attributed to changes in receivables[18] - The company incurred operating costs of ¥34,741,259.29, up from ¥9,080,481.88 in the previous period, indicating increased operational expenses[29] - The company’s income tax expense rose by 91.06% to ¥14,183,661.83, driven by increased total profit[18] - Total liabilities as of March 31, 2014, were CNY 518,555,822.84, compared to CNY 513,545,737.39 at the start of the year[25] Investment and Assets - The company's cash and cash equivalents decreased by 41.62% to ¥207,440,845.50 from ¥355,308,868.93 due to prepayments for property and land purchases, as well as increased short-term investment[18] - Other current assets increased by 86.49% to ¥110,162,445.70, primarily due to increased short-term investment[18] - The company’s long-term investments remained stable at ¥114,106,591.73, showing consistency in investment strategy[21]