YBTI(SH:600883)2014-04-29 16:00Financial Performance - Revenue decreased by 50.66% to CNY 6,343,102.06 compared to the same period last year[9]. - Net profit attributable to shareholders was CNY -5,297,803.27, a decrease of 219.10% compared to the same period last year[9]. - Basic earnings per share decreased by 219.15% to CNY -0.0224 compared to the same period last year[9]. - Operating revenue decreased by 50.66% to ¥6,343,102.06 from ¥12,854,943.40, primarily due to a decline in cement sales volume and prices[13]. - Investment income dropped by 168.17% to -¥4,258,892.49 from ¥6,247,223.91, primarily due to decreased net profits from joint ventures[13]. - Net profit decreased by 219.10% to -¥5,297,803.27 from ¥4,448,299.10, mainly due to reduced sales profits and investment income[13]. - Basic and diluted earnings per share fell to -¥0.0224 from ¥0.0188, reflecting the significant decrease in net profit[13]. - Total operating revenue for the current period is ¥6,343,102.06, a decrease of 50.7% compared to ¥12,854,943.40 in the previous period[22]. - Net profit for the current period is -¥5,297,803.27, compared to a net profit of ¥4,448,299.10 in the previous period, indicating a significant decline[22]. - The company recorded an investment loss of -¥4,258,892.49, a significant drop from an investment income of ¥6,247,223.91 in the previous period[22]. Cash Flow - Operating cash flow increased by 165.18% to CNY 872,353.42 compared to the same period last year[9]. - Cash flow from operating activities increased by 165.18% to ¥872,353.42 from -¥1,338,374.68, mainly due to the recovery of previously overdue receivables[14]. - Cash inflow from operating activities totaled ¥10,174,345.93, down from ¥13,515,147.30 in the previous period[26]. - The net cash flow from operating activities was 914,484.85 RMB, a significant improvement compared to a loss of 1,305,784.36 RMB in the previous period[28]. - The cash inflow from operating activities was 10,173,409.92 RMB, a decrease of approximately 25.5% from 13,509,981.98 RMB in the previous period[28]. Assets and Liabilities - Total assets decreased by 0.66% to CNY 732,604,730.47 compared to the end of the previous year[9]. - Current assets totaled CNY 146,080,659.94, slightly up from CNY 145,746,306.83 at the start of the year[17]. - Total liabilities increased to CNY 53,173,275.93 from CNY 52,755,612.74, marking an increase of about 0.8%[18]. - Shareholders' equity decreased to CNY 679,431,454.54 from CNY 684,710,759.14, a decline of approximately 0.4%[18]. - Total liabilities amount to ¥84,137,207.73, slightly up from ¥83,719,544.54 in the previous period[20]. - Shareholders' equity stands at ¥679,067,391.96, down from ¥684,304,565.13 in the previous period[20]. Shareholder Information - The total number of shareholders was 17,652 at the end of the reporting period[11]. - The largest shareholder, Shenzhen Derong Investment Development Co., Ltd., holds 17.15% of the shares[11]. Government Support and Commitments - The company received government subsidies amounting to CNY 234,431.27 during the reporting period[9]. - The company has commitments regarding share trading restrictions, with specific timelines and conditions outlined for major shareholders[16]. Operational Efficiency - The company is focusing on maintaining liquidity and managing its receivables effectively to enhance operational efficiency[17]. - Cash received from other operating activities decreased by 39.31% to ¥1,444,161.50 from ¥2,379,381.94, primarily due to lower cement transportation fees paid[14]. - Cash paid for purchasing goods and accepting labor services decreased by 40.38% to ¥5,305,671.45 from ¥8,898,541.87, mainly due to reduced raw material purchases[14].