2014-04-29 16:00Financial Performance - Operating income for the first quarter was RMB 3.04 billion, up 3.67% year-on-year[5] - Net profit attributable to shareholders decreased by 15.76% to RMB 1.21 billion compared to the same period last year[5] - The total profit for the period was RMB 1,650,521,796.12, down from RMB 1,930,355,279.62, representing a decrease of 14.5%[25] - The net profit attributable to shareholders was RMB 1,210,342,495.02, a decline of 15.7% from RMB 1,436,857,621.80 in the previous year[25] - Basic earnings per share decreased to RMB 0.13 from RMB 0.15, reflecting a drop of 13.3%[25] Cash Flow - The net cash flow from operating activities was negative at RMB -1.23 billion, a decline of 154.70% year-on-year[5] - The net cash flow from operating activities for the current period is -1,225,823,005.54 RMB, compared to 2,241,163,887.68 RMB in the previous period, indicating a significant decline[30] - The total cash inflow from operating activities is 7,728,612,829.01 RMB, while the total cash outflow is 8,954,435,834.55 RMB, resulting in a net cash outflow[30] - The cash flow from investment activities shows a net outflow of -5,729,347,503.13 RMB, a decrease from a net inflow of 165,747,972.57 RMB in the previous period[30] - The cash inflow from financing activities is 5,933,690,985.47 RMB, with a net cash flow of 3,980,682,584.88 RMB after accounting for cash outflows[30] Assets and Liabilities - Total assets increased by 11.96% to RMB 189.35 billion compared to the end of the previous year[5] - The total assets as of March 31, 2014, were approximately RMB 189.35 billion, an increase from RMB 169.12 billion at the beginning of the year[21] - The total liabilities as of March 31, 2014, were approximately RMB 123.94 billion, up from RMB 105.02 billion at the beginning of the year[21] - The company's total assets at the end of the period were RMB 132,768,000,368.62, an increase from RMB 129,017,836,165.34 at the beginning of the year[23] - Total liabilities increased to RMB 71,445,315,754.75 from RMB 68,707,109,360.76, marking a rise of 2.7%[23] Investment and Acquisitions - The goodwill increased by 319.59% to RMB 2.61 billion due to the acquisition of Hengxin Financial Group[13] - The company plans to expand its business through acquisitions and increased operational scale, particularly in the financial services sector[13] - The acquisition of Hengtong Financial Group was completed on January 15, 2014, with Hengtong becoming a wholly-owned subsidiary of Haitong International Holdings[15] Revenue Streams - Net commission and fee income reached RMB 1,579,721,942.32, up 26.7% from RMB 1,246,829,644.60 year-on-year[25] - Net interest income rose by 50.81% to approximately RMB 734.68 million, up from RMB 487.14 million, primarily due to increased financing leasing income from Hengtong Financial Group[14] - Investment income rose to RMB 918,730,227.57, slightly up from RMB 896,418,854.46, indicating a stable performance[25] - The net income from investment banking fees increased by 151.46% to approximately RMB 520.30 million compared to RMB 206.91 million in the same period last year[14] Shareholder Information - The number of shareholders at the end of the reporting period was 430,031, with significant holdings from Hong Kong Central Clearing Limited at 15.57%[10] Branch Expansion - A new branch was established in the Shanghai Free Trade Zone, approved by the China Securities Regulatory Commission, to expand business operations[17]