NCFC(SH:600889)2015-04-29 16:00Financial Performance - Operating revenue for the current period was CNY 325,363,108.81, representing a decline of 28.84% year-on-year[6] - Net profit attributable to shareholders of the listed company was CNY -1,595,864.26, an improvement of 89.72% compared to the same period last year[6] - Basic earnings per share were CNY -0.006, an increase of 88.46% compared to CNY -0.052 in the same period last year[6] - The company reported a non-operating loss of CNY -174,631.83 during the period[7] - The company's operating revenue for the reporting period was CNY 325,363,108.81, a decrease of 28.84% compared to CNY 457,257,874.42 in the same period last year, primarily due to the exit from the real estate sector[14] - The company's operating costs decreased by 28.02% to CNY 291,085,789.78 from CNY 404,391,306.93, also attributed to the real estate exit[14] - The company reported a 99.67% decrease in investment income, with a loss of CNY 31,425.87 compared to a loss of CNY 9,521,063.82 in the previous year[14] - The company reported an operating profit of -¥514,681.03, an improvement from -¥12,424,121.93 in the previous year[28] - Operating profit turned negative at -¥1,672,565.89, contrasting sharply with a profit of ¥120,492,637.38 in the same period last year[30] - Net profit also reported a loss of -¥1,702,925.38, compared to a net profit of ¥120,492,637.38 in the previous year[30] Cash Flow - Cash flow from operating activities was CNY 71,114,948.93, down 43.23% from the previous year[6] - The net cash flow from operating activities was -$2,427,654.47, a significant decline compared to $49,208,308.10 in the prior period[35] - Cash inflow from investment activities was $46,624,108.07, a decrease of 64.7% from $131,769,916.37 year-over-year[35] - Cash flow from investing activities showed a net inflow of ¥9,198,859.67, recovering from a net outflow of -¥1,584,379.26 in the same period last year[33] - Cash flow from financing activities resulted in a net outflow of -¥69,536,360.29, an improvement from -¥286,729,825.56 in the previous year[33] - Cash paid for employee compensation was $11,352,671.54, down 19% from $14,003,025.81 in the previous period[35] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,920,973,010.51, a decrease of 0.18% compared to the end of the previous year[6] - The company's total assets decreased to ¥2,044,649,689.75 from ¥2,064,342,983.34, a decline of about 1%[24] - The total liabilities increased to CNY 1,870,170,183.23 from CNY 1,869,646,816.09, indicating a slight rise in financial obligations[21] - The total liabilities decreased to ¥1,075,808,186.43 from ¥1,093,655,478.90, a reduction of about 1.6%[25] - Current assets totaled ¥1,244,595,959.15, slightly down from ¥1,263,700,372.85, representing a decrease of approximately 1.5%[24] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,222[10] - The largest shareholder, Nanjing New Industry Investment Group, held 33.02% of the shares[10] - The second-largest shareholder, Nanjing Light Textile Industry Group, held 7.82% of the shares, with all shares frozen[10] Financial Management - The company reported a significant reduction in financial expenses by 47.81% to CNY 4,251,899.48 from CNY 8,147,328.59, due to a decrease in total borrowings for production and operations[14] - Financial expenses decreased to ¥1,954,358.02 from ¥5,058,521.66 in the previous period, indicating improved cost management[30]