JYT(SH:601908)2014-04-28 16:00Financial Performance - Operating revenue rose by 24.12% to CNY 138,563,878.88 from CNY 111,633,460.37 in the same period last year[10] - Net profit attributable to shareholders increased by 168.42% to CNY 19,905,780.59 compared to CNY 7,416,015.02 in the previous year[10] - Basic and diluted earnings per share doubled to CNY 0.02 from CNY 0.01[10] - Total operating revenue for Q1 2014 was CNY 138,563,878.88, an increase of 24.1% compared to CNY 111,633,460.37 in the same period last year[33] - Net profit for Q1 2014 reached CNY 24,606,854.33, significantly higher than CNY 5,288,055.73 in Q1 2013, marking a year-over-year increase of 365.5%[34] - Earnings per share for Q1 2014 were CNY 0.02, compared to CNY 0.01 in the same quarter last year[34] Asset and Equity Changes - Total assets increased by 1.56% to CNY 4,600,556,839.53 compared to the end of the previous year[10] - Total assets at the end of Q1 2014 amounted to CNY 4,410,660,839.97, slightly down from CNY 4,432,899,414.22 at the beginning of the year[32] - The company’s total equity increased to CNY 3,787,446,522.42 from CNY 3,773,022,432.84, showing a growth of 0.4%[32] Cash Flow Analysis - Cash flow from operating activities showed a significant decline of 198.81%, resulting in a negative cash flow of CNY -34,013,016.71[10] - Cash flow from operating activities showed a significant decline of 198.81% to -¥34,013,016.71 from ¥34,422,660.97[21] - Total cash outflow from operating activities was CNY 256,989,805.94, compared to CNY 180,542,859.14 in the prior period[39] - Net cash flow from operating activities was negative at CNY -34,013,016.71, compared to a positive CNY 34,422,660.97 in the prior period[39] - Cash inflow from sales of goods and services was CNY 86,067,586.13, an increase from CNY 52,479,516.77 in the previous period[42] Liabilities and Borrowings - Long-term borrowings increased by 76.43% to CNY 247,000,000.00 from CNY 140,000,000.00[15] - Total liabilities decreased to CNY 623,214,317.55 from CNY 659,876,981.38, indicating a reduction of approximately 5.5%[32] Investment and Other Income - Investment income increased by 85.69% to ¥13,836,474.59 from ¥7,451,213.75[20] - Non-operating income rose by 203.83% to ¥1,045,875.19 from ¥344,226.12[21] - The company reported an investment income of CNY 13,836,474.59, up from CNY 7,451,213.75, representing an increase of 85.5%[33] Changes in Financial Indicators - Significant changes in financial indicators included a 818.57% increase in construction in progress, amounting to CNY 123,915,307.97[15] - The company reported a 35.48% decrease in notes receivable, totaling CNY 32,393,577.09[15] - Management expenses increased by 39.27% to ¥30,252,433.36 from ¥21,722,032.33[20] - Financial expenses changed from a negative ¥8,603,313.11 to a positive ¥309,798.12, indicating a significant shift[20] - Asset impairment losses decreased by 39.26% to ¥14,572,557.36 from ¥23,991,715.53[20] Cash Flow from Investing and Financing Activities - Cash flow from investing activities decreased by 148.75% to -¥28,572,970.27 from ¥58,615,532.08[21] - Cash flow from financing activities increased significantly to ¥60,793,780.75 from -¥51,724,497.94[21] - Net cash flow from investment activities was CNY -28,572,970.27, compared to CNY 58,615,532.08 in the prior period[40] - Net cash flow from financing activities was CNY 60,793,780.75, a recovery from CNY -51,724,497.94 in the prior period[40]