SDBH(SH:600966)2014-06-23 16:00Financial Performance - Operating income increased by 20.94% to CNY 1,297,476,694.93 year-on-year[10] - Net profit attributable to shareholders increased significantly by 768.44% to CNY 11,925,569.10[10] - Basic and diluted earnings per share rose by 774.07% to CNY 0.0236[10] - Total revenue for the current period reached CNY 1,297,476,694.93, an increase of 20.9% compared to CNY 1,072,846,568.85 in the previous period[21] - Total operating costs amounted to CNY 1,276,115,224.38, up from CNY 1,063,937,161.14, reflecting a year-over-year increase of 20.0%[21] - The net profit for the current period is CNY 10,326,477.37, representing a significant increase of 50.5% from CNY 6,849,450.02 in the previous period[22] - The total profit for the current period is CNY 22,417,198.16, up from CNY 8,948,430.03 in the previous period, marking a growth of 150%[22] Cash Flow - Cash flow from operating activities improved by 114.48% to CNY 22,409,586.51 compared to the same period last year[10] - The net cash flow from operating activities is CNY 22,409,586.51, a recovery from a negative cash flow of CNY -154,804,645.42 in the previous period[24] - Cash inflow from financing activities is CNY 3,133,888,240.72, a notable increase from CNY 862,659,953.94 in the previous period[25] - The company has reported a decrease in sales expenses, which are CNY 67,835,825.92 for the current period, compared to CNY 47,693,099.51 in the previous period, reflecting a rise of 42.1%[22] - Cash inflow from financing activities totaled $2.62 billion, up from $812.7 million, reflecting a strong increase in borrowing and other financing sources[28] - The company experienced a net cash flow from financing activities of $275.5 million, contrasting with a net outflow of $48.3 million previously, indicating a shift towards positive financing cash flow[28] Assets and Liabilities - Total assets decreased by 2.22% to CNY 14,815,018,933.31 compared to the end of the previous year[10] - Current assets totaled CNY 5,290,071,377.56, a decrease from CNY 5,572,648,519.68, indicating a reduction of approximately 5.1%[18] - Total liabilities decreased to CNY 11,589,175,707.22 from CNY 11,935,491,649.58, a reduction of approximately 2.9%[16] - Non-current liabilities totaled CNY 2,119,733,330.62, up from CNY 2,022,072,711.42, reflecting an increase of 4.9%[16] - The company's equity attributable to shareholders increased to CNY 2,906,626,850.85 from CNY 2,894,701,261.75, a slight increase of 0.4%[16] Shareholder Information - Total number of shareholders reached 43,196 at the end of the reporting period[11] - The largest shareholder, Shandong Bohui Group Co., Ltd., holds 33.77% of the shares, totaling 170,397,730 shares[12] Inventory and Cash Management - Inventory increased to CNY 1,933,472,306.41 from CNY 1,526,637,223.86 at the beginning of the year[14] - Cash and cash equivalents decreased to CNY 979,928,365.65 from CNY 1,311,944,365.15 at the beginning of the year[14] - The company reported a decrease in cash and cash equivalents to CNY 566,683,431.14 from CNY 786,621,386.41, a decline of 28.0%[17] - The company has a cash and cash equivalents balance of CNY -68,579,946.01 at the end of the period, down from CNY 162,696,528.16 in the previous period[25] - The ending balance of cash and cash equivalents was -$69.2 million, down from $124.8 million, highlighting a challenging liquidity position[28] Investment Activities - Cash outflow from investing activities is CNY 747,984,389.14, compared to CNY 140,130,229.07 in the previous period, indicating a significant increase in investment expenditures[24] - Cash paid for the acquisition of fixed assets and intangible assets was $10.4 million, significantly lower than $34.6 million in the previous period, suggesting a reduction in capital expenditures[28] - Cash paid for other investment activities was $496.9 million, a notable increase from $20.5 million, reflecting aggressive investment strategies[28]