NBSS(SH:600884)2015-04-26 16:00Financial Performance - Net profit attributable to shareholders increased significantly by 1,576.09% to CNY 325,286,950.47 from CNY 19,407,448.13 in the same period last year[7] - Operating revenue rose by 3.94% to CNY 842,743,923.00 compared to CNY 810,769,317.26 in the previous year[7] - Basic and diluted earnings per share increased to CNY 0.792 from CNY 0.047, marking a significant increase of 1,576.09%[7] - The company reported a significant increase in income tax expenses, which rose by 509.22% to CNY 45.22 million due to the taxable investment income from the sale of Ningbo Bank shares[16] - Net profit for the current period was ¥334,543,718.43, a significant increase from ¥7,712,562.73 in the previous period[36] - The profit attributable to the parent company's shareholders was ¥325,286,950.47, compared to ¥19,407,448.13 in the previous period[36] - The total comprehensive income for the current period was ¥317,041,044.98, compared to a loss of ¥45,397,659.86 in the previous period[37] Asset and Liability Management - Total assets increased by 3.75% to CNY 9,509,825,861.68 compared to the end of the previous year[7] - The total liabilities as of March 31, 2015, were CNY 2.56 billion, reflecting a stable financial position[27] - Total liabilities rose to ¥4,775,314,655.11 compared to ¥4,755,613,691.58, indicating a slight increase of about 0.42%[29] - Current liabilities totaled ¥2,720,286,120.00, up from ¥2,691,997,955.94, reflecting an increase of approximately 1.05%[28] - Non-current liabilities decreased to ¥2,055,028,535.11 from ¥2,063,615,735.64, showing a decline of about 0.77%[29] - Owner's equity increased to ¥4,734,511,206.57 from ¥4,410,104,710.58, marking a growth of approximately 7.34%[29] Cash Flow Analysis - Cash flow from operating activities improved to -CNY 3,860,996.06 from -CNY 105,466,906.31 in the previous year, indicating a substantial recovery[7] - The net cash flow from operating activities was -143,713,866.65 RMB, compared to -117,752,323.33 RMB in the previous period, indicating a decline in operational cash flow[45] - The total cash inflow from investment activities was 385,969,046.78 RMB, significantly higher than 41,262.00 RMB in the previous period, reflecting strong investment returns[45] - The net cash flow from investment activities was 359,522,083.20 RMB, a substantial improvement from -121,549,397.30 RMB in the previous period[45] - The total cash inflow from financing activities was 95,529,180.00 RMB, down from 839,795,000.00 RMB in the previous period, indicating reduced financing activity[46] - The net cash flow from financing activities was -159,930,331.11 RMB, a decrease from 613,172,127.23 RMB in the previous period, suggesting challenges in financing[46] Shareholder Information - The total number of shareholders reached 34,602 by the end of the reporting period[11] - The largest shareholder, Shanshan Group Co., Ltd., holds 32.50% of the shares, totaling 133,536,993 shares[11] Investment and Capital Expenditure - The company plans to increase capital in its wholly-owned subsidiaries, Ningbo Shanshan New Energy Technology Development Co., Ltd. and Ningbo Shanshan Electric Vehicle Technology Development Co., Ltd., by CNY 400 million and CNY 450 million respectively[18] - The company invested 20,917,783.58 RMB in fixed assets, up from 1,134,359.30 RMB in the previous period, indicating increased capital expenditure[45] - The cash received from investment income was 385,969,046.78 RMB, a significant increase from 41,262.00 RMB in the previous period, highlighting improved investment performance[45] Other Financial Metrics - The weighted average return on equity increased by 6.792 percentage points to 7.398%[7] - Cash and cash equivalents decreased to ¥194,540,036.36 from ¥272,717,150.92, a decline of about 28.66%[32] - Total current assets increased to ¥1,848,372,890.20 from ¥1,596,392,116.48, representing a growth of approximately 15.74%[32] - Total non-current assets slightly decreased to ¥5,271,549,343.30 from ¥5,275,993,145.28, indicating a decline of about 0.08%[32] - The company reported a total of ¥1,332,089,825.82 in bonds payable, which remained stable compared to the previous period[33]