XIAC(SH:600897)2014-04-24 16:00Financial Performance - Operating revenue for the first quarter reached CNY 321,942,599.49, an increase of 11.77% year-on-year[9] - Net profit attributable to shareholders increased by 18.21% to CNY 113,398,053.16 compared to the same period last year[9] - Basic earnings per share rose by 18.22% to CNY 0.3808[9] - Total operating revenue for Q1 2014 was CNY 321,942,599.49, an increase of 11.8% compared to CNY 288,048,220.63 in the same period last year[29] - Net profit for Q1 2014 reached CNY 119,125,974.70, representing a 18.7% increase from CNY 100,376,467.26 in Q1 2013[30] - Earnings per share for Q1 2014 were CNY 0.3808, compared to CNY 0.3221 in the same period last year, reflecting a growth of 18.2%[30] Asset and Equity Growth - Total assets increased by 4.56% to CNY 3,209,890,752.29 compared to the end of the previous year[9] - Net assets attributable to shareholders rose by 4.44% to CNY 2,665,539,399.22[9] - The equity attributable to shareholders rose to 2,665,539,399.22 RMB, up from 2,552,141,346.06 RMB[23] - Shareholders' equity increased to CNY 2,443,598,151.14 in Q1 2014, compared to CNY 2,348,484,683.13 in the same period last year, marking a growth of 4.0%[27] Cash Flow and Liquidity - Cash flow from operating activities amounted to CNY 124,570,022.34, up 37.91% year-on-year[9] - The cash inflow from operating activities amounted to CNY 322,538,424.75, an increase of 29.0% compared to CNY 250,016,419.40 in the previous period[35] - The net cash flow from operating activities reached CNY 124,570,022.34, up 38.0% from CNY 90,324,316.07 in the prior period[35] - The cash inflow from operating activities for the first quarter was CNY 250,760,763.64, up 43.6% from CNY 174,482,033.35 in the same period last year[38] - The net cash flow from operating activities for the first quarter was CNY 113,128,619.26, an increase of 57.5% compared to CNY 71,854,285.16 in the previous year[38] - Cash and cash equivalents at the end of the period were 1,256,179,473.71 RMB, an increase from 1,197,930,509.52 RMB at the beginning of the year[21] Investment and Financial Activities - Investment income surged by 1823.61% to 6,011,476.45 RMB, driven by increased returns from financial products[14] - The company reported a net cash outflow from investment activities of -25,321,033.29 RMB, a significant improvement of 94.62% from the previous year[14] - Cash inflow from investment activities totaled CNY 743,919,600.84, significantly higher than CNY 170,356,833.34 in the previous period[36] - The net cash flow from investment activities was -CNY 25,321,033.29, an improvement from -CNY 470,322,490.55 in the prior period[36] - Investment income for Q1 2014 was CNY 6,011,476.45, significantly higher than CNY 312,510.61 in Q1 2013[30] Shareholder Information - The total number of shareholders as of the report date was 23,920[11] - The largest shareholder, Xiamen Xiangye Group Co., Ltd., holds 68% of the shares, totaling 202,500,000 shares[12] Liabilities and Financial Management - The company's total liabilities increased to 339,597,217.92 RMB, compared to 318,691,922.69 RMB at the start of the year[23] - Total liabilities for Q1 2014 were CNY 334,074,412.11, up from CNY 305,658,818.83 in Q1 2013[27] - The company reported a decrease in accounts payable to CNY 178,823,700.03 from CNY 190,992,463.37 year-over-year, indicating improved cash flow management[27]