CETC Chips(SH:600877)2014-04-28 16:00Financial Performance - Operating revenue decreased by 9.08% to CNY 380,533,802.26 compared to the same period last year[9] - Net profit attributable to shareholders was CNY 1,197,572.49, a significant recovery from a loss of CNY 68,429,091.92 in the previous year[9] - Cash flow from operating activities was CNY 38,733,708.53, a turnaround from a negative cash flow of CNY -76,661,656.91 in the same period last year[9] - Total operating revenue decreased to ¥380,533,802.26 from ¥418,525,149.36, representing a decline of approximately 9.5% year-over-year[24] - Operating profit turned positive at ¥953,505.08 compared to a loss of ¥68,003,162.36 in the previous period[24] - Net profit reached ¥988,585.35, a substantial recovery from a net loss of ¥68,772,704.63 in the prior year[25] - Comprehensive income totaled ¥112,374.53, recovering from a loss of ¥58,853,154.02 in the previous period[25] Asset and Liability Management - Total assets increased by 2.49% to CNY 2,758,374,654.57 compared to the end of the previous year[9] - Total liabilities reached CNY 2,588,954,009.36, compared to CNY 2,522,122,548.55 at the start of the year, indicating an increase in liabilities[18] - The company's current assets totaled CNY 1,310,143,404.30, up from CNY 1,227,965,343.29 at the beginning of the year, reflecting a growth of approximately 6.67%[16] - The total equity attributable to shareholders was CNY 184,011,699.40, a slight increase from CNY 183,708,577.61 at the beginning of the year[18] - The company reported a total of CNY 845,939,609.97 in short-term borrowings, up from CNY 839,451,748.04 at the start of the year[18] Cash Flow Analysis - Cash and cash equivalents decreased to CNY 524,963,012.27 from CNY 539,092,522.63 at the beginning of the year[16] - Cash flow from operating activities generated a net inflow of ¥38,733,708.53, compared to a net outflow of ¥76,661,656.91 last year[31] - Total cash inflow from operating activities was ¥583,192,710.46, up from ¥490,593,672.00 year-over-year, representing an increase of approximately 18.9%[34] - Cash outflow from operating activities decreased to ¥443,669,822.86 from ¥500,100,036.77, indicating a reduction of about 11.3%[34] - Investment activities generated a net cash flow of ¥44,231,703.15, recovering from a negative cash flow of ¥7,786,554.49 in the previous period[35] - Cash inflow from financing activities totaled ¥371,535,205.25, down from ¥656,719,156.75, reflecting a decrease of approximately 43.5%[36] - Net cash flow from financing activities was negative at -¥168,130,778.25, compared to a positive cash flow of ¥16,473,821.05 in the previous period[36] Shareholder Information - The total number of shareholders was 65,329 at the end of the reporting period[11] - The largest shareholder, China Ordnance Equipment Group Corporation, holds 27.00% of the shares, totaling 185,566,173 shares[11] Expense Management - Management expenses decreased by 35.19% to CNY 37,619,725.93 compared to the previous period[12] - Financial expenses decreased by 53.96% to CNY 7,606,924.80 compared to the previous period[12] Investment Performance - Investment income increased significantly by 607.57% to CNY 35,377,099.83 compared to the previous period[12] - Cash inflow from investment activities amounted to ¥65,292,458.51, significantly higher than ¥4,041,133.64 in the previous period[35] - The company received ¥28,414,600.00 in investment income, indicating a positive return on investments[35] Future Outlook - The company plans to focus on expanding its market presence and enhancing product development strategies moving forward[24]