2014-04-25 16:00Financial Performance - Operating revenue decreased by 33.51% to CNY 914.21 million year-on-year[7] - Net profit attributable to shareholders dropped by 57.18% to CNY 229.93 million compared to the same period last year[7] - Basic earnings per share fell by 57.18% to CNY 0.0673[7] - The company's operating revenue for the current period is 607,521,828.89, a decrease of 46.5% compared to 1,135,131,062.79 in the same period last year[25] - The total profit for the current period is 189,066,254.55, a decline of 70.5% compared to 642,667,706.63 in the same period last year[25] - Net profit for the current period is 144,368,321.51, down 70.2% from 484,635,797.25 year-on-year[25] - The comprehensive income total for the current period is 34,185,793.39, significantly lower than 376,334,984.44 in the same period last year[25] Assets and Liabilities - Total assets increased by 12.15% to CNY 60.39 billion compared to the end of 2013[7] - The company's total assets increased to 60,388,740,794.20, up from 53,845,735,978.45 at the beginning of the year, representing a growth of 12.5%[23] - The total liabilities increased to ¥29.51 billion from ¥24.73 billion, reflecting a growth of approximately 19.0%[21] - Total liabilities increased to 36,642,060,961.01, up from 30,239,708,084.14 at the beginning of the year, reflecting a growth of 21.1%[23] - The company's equity increased slightly to ¥22.42 billion from ¥22.38 billion, indicating a growth of about 0.2%[21] - The company's equity attributable to shareholders increased to 22,961,668,267.68, compared to 22,836,227,220.91 at the beginning of the year, a rise of 0.5%[23] Cash Flow - Net cash flow from operating activities increased significantly to CNY 1.36 billion, compared to CNY 667.14 million in the previous year[7] - The net cash flow from operating activities for the current period is ¥487,564,524.81, compared to a negative cash flow of ¥948,936,523.15 in the same period last year, indicating a significant improvement[29] - Total cash inflow from operating activities reached ¥8,845,645,350.37, up from ¥6,785,811,033.46 year-on-year, reflecting a growth of approximately 30.4%[29] - The net cash flow from investment activities is -¥9,541,123.35, showing a slight improvement from -¥9,923,741.13 in the previous year[29] - Cash inflow from financing activities totaled ¥4,000,000,000.00, consistent with the previous year, indicating stable financing operations[29] - The ending balance of cash and cash equivalents is ¥17,160,387,749.31, down from ¥21,194,365,365.92 year-on-year, representing a decrease of approximately 19.1%[29] - The company reported a net increase in cash and cash equivalents of ¥478,485,592.98, compared to a much higher increase of ¥3,038,564,761.88 in the same period last year[29] - The cash inflow from the disposal of trading financial assets decreased to ¥1,296,660,852.60 from ¥3,913,596,980.75, a decline of approximately 66.9%[29] - The company recorded a significant increase in cash received from agency securities trading, which rose to ¥1,041,561,394.78 from ¥110,928,044.04, marking an increase of over 840%[29] - The cash paid for interest, fees, and commissions increased to ¥319,788,198.99 from ¥222,322,994.24, reflecting a rise of approximately 43.8%[29] - The cash outflow for other operating activities surged to ¥5,407,531,883.86 from ¥545,954,988.90, indicating a substantial increase of over 890%[29] Shareholder Information - The number of shareholders at the end of the reporting period was 128,129[10] Corporate Governance and Management - The company reported that its actual controller has fulfilled commitments to avoid business competition, ensuring compliance with corporate governance[17] - The company has appointed new executives, including a Chief Risk Officer and a Market Director, to strengthen its management team[16] - The company has established a dedicated rectification leadership group to address issues identified in its sponsorship business following the "Tianfeng Energy" incident, aiming to improve internal control systems[16] - The company received approval to continue its underwriting business for non-financial corporate debt financing instruments, enhancing its operational capabilities[16] Non-Recurring Items - The company's non-recurring gains and losses totaled CNY 1.97 million for the period[10] Interest Income - The net interest income rose by 94.94% to CNY 305.37 million due to increased financing and securities lending interest income[14] - Net interest income increased to 238,849,734.76, up 118.5% from 109,326,250.33 in the previous year[25] Investment Banking - The company reported a significant decrease in investment banking fees, with net income dropping by 90.23% to CNY 9.48 million[14]