Baosight(SH:600845)2014-04-28 16:00Financial Performance - Operating revenue decreased by 10.46% to CNY 754,261,425.40 compared to the same period last year[9] - Net profit attributable to shareholders decreased by 5.18% to CNY 62,941,356.96 compared to the same period last year[9] - Basic and diluted earnings per share decreased by 7.18% to CNY 0.181[9] - Total operating revenue for the current period is ¥754.26 million, a decrease of 10.43% from ¥842.40 million in the same period last year[31] - Net profit for the current period is ¥64.64 million, a slight decrease of 2.67% compared to ¥66.43 million in the previous year[31] - The company’s total comprehensive income for the current period is ¥64.78 million, slightly down from ¥65.99 million in the previous year[32] Assets and Liabilities - Total assets increased by 14.46% to CNY 4,665,967,717.69 compared to the end of the previous year[9] - The total number of shareholders reached 20,893[12] - Cash and cash equivalents increased by 79.71%, from 513,075,797.11 RMB at the beginning of the period to 922,060,084.17 RMB at the end[23] - The total current assets increased from 3,511,837,820.84 RMB to 3,982,136,330.63 RMB[23] - Total liabilities decreased to CNY 2,226,699,984.20 from CNY 2,333,153,852.06, a decline of approximately 4.6%[25] - Current liabilities decreased to CNY 2,163,508,561.13 from CNY 2,260,972,978.07, a reduction of about 4.3%[24] Cash Flow - Net cash flow from operating activities improved by CNY 9,308,461.21, reaching -CNY 125,087,358.51 compared to the previous year[17] - Cash flow from financing activities significantly increased by 6,586.79% to CNY 629,672,179.99 due to net fundraising from a private placement of CNY 633 million[17] - Cash flow from operating activities shows a net outflow of ¥125.09 million, an improvement from a net outflow of ¥134.40 million year-on-year[35] - Total cash inflow from financing activities was 633,696,765.71 CNY, with a net cash flow of 632,009,231.92 CNY after outflows[39] - The net increase in cash and cash equivalents was 458,899,974.90 CNY, compared to a decrease of -118,776,355.30 CNY in the same period last year[39] Investments and Expenditures - The company is investing in the Baozhiyun IDC project, which is reflected in the changes in construction in progress[16] - The construction in progress rose by 54.13%, from 202,006,346.67 RMB to 311,356,524.61 RMB[23] - Development expenditures increased by 48.86%, from 24,491,253.36 RMB to 36,457,592.47 RMB[23] - The company reported an investment loss of 1,197,927.09 RMB, compared to a loss of 77,745.00 RMB in the previous year[23] - Cash outflow from investing activities totaled 109,992,259.34 CNY, leading to a net cash flow of -92,174,720.73 CNY[39] Shareholder Equity - Net assets attributable to shareholders increased by 41.34% to CNY 2,378,779,791.13 compared to the end of the previous year[9] - Owner's equity increased to CNY 2,439,267,733.49 from CNY 1,743,391,896.54, representing a growth of about 40%[25] - The company's capital reserve increased significantly to CNY 633,835,977.84 from CNY 24,353,497.13, a growth of approximately 2,505%[25] - The company’s retained earnings rose to CNY 1,209,920,512.35 from CNY 1,146,979,155.39, reflecting an increase of about 5.5%[25] Other Financial Metrics - The weighted average return on equity decreased by 1.14 percentage points to 3.27%[9] - Other income increased by 62.10%, from 1,954,614.07 RMB to 3,168,449.40 RMB[23] - The income tax expense rose by 74.72%, from 6,563,024.45 RMB to 11,467,140.93 RMB[23] - Management expenses increased by 58.63%, from 82,743,650.30 RMB to 131,258,293.64 RMB[23] - Cash paid for purchasing fixed assets, intangible assets, and other long-term assets was 94,992,259.34 CNY, a substantial increase from 10,283,047.48 CNY in the previous year[39]