YTG(SH:600881)2014-06-13 16:00Financial Performance - Operating revenue for the first quarter reached CNY 2.67 billion, a 27.09% increase year-on-year[8] - Net profit attributable to shareholders decreased by 15.66% to CNY 50.20 million[9] - The company reported a significant increase of 38% in business tax and additional charges due to increased real estate revenue[12] - Total operating revenue for the first quarter of 2014 reached ¥2,673,706,598.04, an increase of 27.1% compared to ¥2,103,821,519.52 in the same period last year[31] - Net profit for the first quarter was ¥72,906,758.38, representing a 15.0% increase from ¥63,031,587.48 in the previous year[31] - The company reported an investment income of ¥139,551,191.22, a slight increase from ¥135,283,134.34 year-on-year[31] - The total comprehensive income for the first quarter was ¥86,696,975.50, up 41.1% from ¥61,457,553.13 year-on-year[31] Assets and Liabilities - Total assets increased by 0.11% to CNY 48.89 billion compared to the end of the previous year[8] - Total assets as of March 31, 2014, amounted to CNY 48,891,436,566.57, a slight increase from CNY 48,838,949,838.71 at the beginning of the year[22] - Current assets totaled CNY 25,359,588,866.02, down from CNY 25,585,183,764.21 at the start of the year, reflecting a decrease of approximately 0.88%[22] - Total liabilities stood at CNY 36,714,373,809.43, slightly down from CNY 36,792,505,314.81, indicating a decrease of about 0.21%[24] - The company's total liabilities decreased to ¥20,030,985,640.17 from ¥21,326,015,873.09 at the beginning of the year, a reduction of 6.1%[29] - Owner's equity totaled CNY 12,177,062,757.13, up from CNY 12,046,444,523.90, reflecting an increase of approximately 1.09%[24] - Total equity increased slightly to ¥6,308,376,429.29 from ¥6,297,852,085.97, reflecting a growth of 0.2%[29] Cash Flow - Net cash flow from operating activities improved by 79.82%, reaching CNY -495.87 million[12] - The net cash flow from operating activities was -495,870,451.23 RMB, an improvement from -2,457,455,365.69 RMB in the previous period, indicating a significant reduction in losses[36] - Cash received from the sale of goods and services increased to 2,807,391,927.94 RMB, up from 2,309,736,989.74 RMB, reflecting a growth of approximately 21.5%[36] - The total cash inflow from operating activities was 2,851,687,749.04 RMB, compared to 2,369,343,689.52 RMB in the prior period, marking an increase of about 20.3%[36] - Cash outflow from operating activities decreased to 3,347,558,200.27 RMB from 4,826,799,055.21 RMB, a reduction of approximately 30.6%[36] - Cash flow from investing activities was -109,946,222.67 RMB, an improvement from -208,578,773.08 RMB in the previous period[36] - Cash inflow from financing activities totaled 6,799,600,000.00 RMB, an increase from 5,799,570,000.00 RMB, representing a growth of approximately 17.3%[36] - The net cash flow from financing activities was -51,647,483.29 RMB, a decline from a positive cash flow of 2,812,338,847.87 RMB in the previous period[36] - The ending cash and cash equivalents balance was 2,521,251,106.99 RMB, down from 2,987,060,219.70 RMB, indicating a decrease of about 15.6%[36] Shareholder Information - The number of shareholders at the end of the reporting period was 195,621[10] - The basic earnings per share remained at CNY 0.03, unchanged from the previous year[9] - Basic and diluted earnings per share remained stable at ¥0.03, unchanged from the previous year[31] - The company plans to distribute a cash dividend of CNY 1 per 10 shares based on the total share capital as of December 31, 2013[17] Investments and Capital - The company plans to increase capital in Jilin Yatai Group Cement Sales Co., Ltd. by CNY 45 million, raising its registered capital to CNY 50 million[15] - Long-term investments in equity reached CNY 4,421,821,318.66, an increase from CNY 4,332,135,270.04 at the beginning of the year[22]