2014-04-29 16:00Financial Performance - Operating revenue increased by 5.73% to CNY 8,565,507,289.53 year-on-year[9] - Net profit attributable to shareholders was CNY 61,393,302.15, a significant recovery from a loss of CNY 688,916,384.40 in the same period last year[9] - Net profit increased by 109.64% year-on-year, primarily due to an increase in operating profit[16] - Total profit increased by 110.96% year-on-year, driven by the increase in operating profit[16] - The company reported a basic earnings per share of CNY 0.0053, recovering from a loss of CNY -0.0590 in the previous year[9] - The company's basic earnings per share increased by 108.98% year-on-year, reflecting the increase in operating profit[16] - The company’s total comprehensive income for Q1 2014 was RMB 92,520,320.72, compared to a loss of RMB 717,691,469.18 in Q1 2013[31] Cash Flow - Cash flow from operating activities improved to CNY 65,478,290.48, compared to a negative cash flow of CNY -738,383,678.49 in the previous year[9] - Cash flow from operating activities increased by 108.87% year-on-year, mainly due to increased cash received from sales of goods and services[19] - Operating cash inflow for the period was CNY 9,085,321,128.56, an increase of 7.3% from CNY 8,466,840,811.28 in the previous period[37] - Net cash flow from operating activities was CNY 65,478,290.48, a significant improvement from a net outflow of CNY -738,383,678.49 in the previous period[37] - Cash inflow from investment activities totaled CNY 365,520,381.75, compared to CNY 18,774,900.75 in the previous period, marking a substantial increase[37] - Cash inflow from financing activities was CNY 14,352,882,921.27, a significant rise from CNY 818,407,368.00 in the previous period[37] - Cash outflow for operating activities was CNY 9,019,842,838.08, a decrease from CNY 9,205,224,489.77 in the previous period[37] Assets and Liabilities - Total assets decreased by 3.43% to CNY 49,073,067,480.90 compared to the end of the previous year[9] - The total liabilities decreased to CNY 24,762,220,511.91 from CNY 26,598,833,633.30, reflecting a reduction of approximately 6.9%[24] - The total current assets decreased to CNY 12,014,006,441.31 from CNY 14,127,827,532.30, a decline of about 15%[23] - The company's cash and cash equivalents decreased to CNY 7,321,561,046.23 from CNY 9,604,903,754.01, representing a decline of approximately 23.7%[23] - Long-term receivables increased by 50.99% compared to the beginning of the period, primarily due to increased receivables from financing lease sales[15] - The company’s intangible assets decreased by 70.10% compared to the beginning of the period, mainly due to the disposal of subsidiaries leading to a reduction in land use rights[15] Shareholder Information - The total number of shareholders reached 395,374 at the end of the reporting period[12] - The largest shareholder, China Ocean Shipping (Group) Company, holds 45.89% of the shares[12] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[8] - The company has committed to not engaging in competitive activities with its controlling shareholder, China Shipping (Group) Company, which has been adhered to during the reporting period[20] - The company has not indicated any significant changes in cumulative net profit forecasts for the year[20]