吉鑫科技(601218) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue increased by 48.53% to CNY 334,922,630.07 compared to the same period last year[14] - Net profit attributable to shareholders increased by 11.95% to CNY 2,341,339.10 compared to the same period last year[14] - Net profit excluding non-recurring gains and losses increased by 56.40% to CNY 2,625,418.09 compared to the same period last year[14] - Total operating revenue for the current period reached ¥334,922,630.07, a significant increase of 48.6% compared to ¥225,495,233.13 in the previous period[28] - Net profit for the current period was ¥2,381,239.67, an increase of 19.0% compared to ¥2,001,162.69 in the prior period[28] - The company reported a total profit of ¥3,869,353.10, which is a 46.5% increase from ¥2,643,444.88 in the prior period[28] Earnings and Shareholder Metrics - The weighted average return on equity increased by 0.01 percentage points to 0.10%[14] - The company reported a basic and diluted earnings per share of CNY 0.0024, an increase of 14.29% compared to the same period last year[14] - Basic and diluted earnings per share improved to ¥0.0024 from ¥0.0021, reflecting a 14.3% increase[28] Cash Flow and Liquidity - Cash flow from operating activities improved by 75.30%, resulting in a net cash outflow of CNY 47,657,522.30[14] - Cash flow from operating activities showed a net outflow of ¥47,657,522.30, an improvement from a net outflow of ¥192,963,207.65 in the previous period[32] - Net cash flow from operating activities was -$51,666,444.12, an improvement compared to -$193,963,132.60 in the prior period[36] - The ending cash and cash equivalents balance was ¥639,802,666.35, slightly up from ¥626,554,511.97 in the previous period[33] - The ending cash and cash equivalents balance was $634,303,843.50, slightly up from $624,685,799.99 in the previous period[36] Asset and Liability Management - Total assets decreased by 4.63% to CNY 3,653,206,676.95 compared to the end of the previous year[14] - Total assets decreased from CNY 3,830,419,749.29 at the beginning of the year to CNY 3,653,206,676.95 at the end of the period, a decline of approximately 4.6%[22] - Current assets totaled CNY 2,636,794,455.45, down from CNY 2,808,132,099.64, representing a decrease of about 6.1%[21] - Total liabilities decreased from CNY 1,570,894,335.79 to CNY 1,391,300,023.78, a decline of approximately 11.4%[22] - Current liabilities decreased from CNY 1,466,876,918.96 to CNY 1,287,452,356.94, a reduction of about 12.2%[22] - The company's equity increased from CNY 2,259,525,413.50 to CNY 2,261,906,653.17, a marginal increase of about 0.1%[22] Investment and Subsidiary Development - The company established a wholly-owned subsidiary, Changzhou Jixin Wind Power Technology Co., Ltd., with an investment of CNY 5 million to enhance its core business[17] - Cash outflow from investing activities was $26,823,635.49, up from $9,002,325.38, indicating increased investment in fixed and intangible assets[36] Operational Efficiency - The company’s accounts receivable decreased by 44.64% to CNY 217,628,181.90, indicating improved cash collection[17] - Inventory decreased from CNY 403,191,627.10 to CNY 374,700,422.61, a decline of approximately 7.1%[21] - The company reported a significant increase in prepaid expenses from CNY 272,353,312.43 to CNY 462,259,607.14, representing a growth of about 69.9%[21] - Cash outflow for purchasing goods and services was $490,925,079.71, compared to $335,479,681.03 previously, reflecting increased operational costs[36]