BHAS(SH:600960)2014-04-29 16:00Financial Performance - Net profit attributable to shareholders increased by 21.6% to CNY 18,120,837.18 compared to the same period last year[9] - Operating revenue for the first quarter was CNY 313,142,512.51, a slight increase of 0.37% year-on-year[9] - Basic and diluted earnings per share rose by 28.57% to CNY 0.09 per share[9] - Operating profit increased to ¥23,064,495.01, representing a growth of 37.5% from ¥16,790,404.29 in the previous period[23] - Net profit for the current period was ¥18,500,575.13, up 22.4% from ¥15,088,878.93 in the previous period[24] - Earnings per share (EPS) for the current period was ¥0.09, compared to ¥0.07 in the previous period, reflecting a 28.6% increase[24] Assets and Liabilities - Total assets increased by 6.95% to CNY 2,240,206,674.06 compared to the end of the previous year[9] - The company's total assets reached ¥2,240,206,674.06, up from ¥2,094,556,644.23, marking a growth of 6.97%[16] - Total current liabilities increased by 14.93% to ¥959,936,997.50, driven by higher short-term borrowings[16] - Total liabilities rose to ¥1,186,735,837.38, an increase of 7.05% from the previous period[16] - Total liabilities increased to ¥1,177,811,223.14, up from ¥1,096,345,534.90 in the previous period[20] - Total equity rose to ¥972,208,222.93, compared to ¥957,926,389.70 in the previous period, indicating a growth of 1.3%[20] Cash Flow - Net cash flow from operating activities was negative at CNY -13,109,233.91, compared to CNY 17,406,544.47 in the same period last year[9] - Cash flow from operating activities showed a net outflow of ¥13,109,233.91, a decline from a net inflow of ¥17,406,544.47 in the previous period[28] - Cash inflow from investment activities was ¥96,417,040.38, significantly higher than ¥628,559.67 in the previous period[28] - Cash inflow from investment activities totaled 96,303,482.60 RMB, while cash outflow was 196,015,442.11 RMB, resulting in a net cash flow of -99,711,959.51 RMB[32] - Cash inflow from financing activities was 180,000,000.00 RMB, with cash outflow of 123,030,300.68 RMB, leading to a net cash flow of 56,969,699.32 RMB[33] - Total cash and cash equivalents at the end of the period were 215,315,069.35 RMB, down from 407,938,313.66 RMB in the previous period[33] Shareholder Information - Total number of shareholders reached 17,236 as of the report date[10] - The largest shareholder, the Binzhou Municipal Government, holds 49.67% of shares, totaling 105,144,728 shares[10] Government Support and Expenses - The company received government subsidies amounting to CNY 764,375.00 during the reporting period[9] - The company's income tax expense increased by 87.35% to ¥5,042,922.40, calculated at a rate of 25%[11] - The company reported a decrease in financial expenses to ¥12,049,513.06 from ¥13,299,193.64 in the previous period, a reduction of approximately 9.4%[23] Investments and Projects - Construction in progress rose significantly by 97.45% to ¥39,364,388.88, indicating increased project investments[11] - The company's trading financial assets increased to ¥26,000,000, reflecting a rise due to the purchase of bank wealth management products[11] - The company reported a loss of CNY 61,926.28 from the disposal of non-current assets[9] - The company reported a significant increase in cash paid for purchasing goods and services, totaling 282,497,226.94 RMB, compared to 215,706,666.59 RMB last period[31] - The company’s cash flow from investment activities included a cash recovery of 89,000,000.00 RMB from investments[32] Other Financial Metrics - The weighted average return on net assets increased by 0.23 percentage points to 1.84%[9] - The company reported a 119.55% increase in interest payable, amounting to ¥4,830,000, due to increased borrowings[11] - Minority interests surged by 517.11% to ¥58,928,907.02, attributed to the establishment of a new small loan company[11]