Financial Performance - The company's operating revenue for Q1 2014 was CNY 135,287,730.58, representing a 53.80% increase compared to CNY 87,965,741.80 in the same period last year[18]. - The net profit attributable to shareholders for the same period was CNY 41,905,751.69, up 31.15% from CNY 31,953,222.37 year-on-year[10]. - Operating profit for Q1 2014 reached CNY 46,587,266.50, up 24.5% from CNY 37,348,684.70 in Q1 2013[29]. - Basic and diluted earnings per share for Q1 2014 were both CNY 0.21, compared to CNY 0.17 in the same period last year[30]. - Sales revenue from goods and services received in Q1 2014 was CNY 132,713,794.39, a 39.9% increase from CNY 94,866,030.53 in the previous period[37]. Assets and Liabilities - The total assets at the end of the reporting period reached CNY 2,054,772,253.80, a 93.61% increase from CNY 1,061,318,853.90 at the end of the previous year[14]. - The total liabilities increased to CNY 594,719,755.01 from CNY 310,541,293.01[23]. - Total liabilities as of the end of Q1 2014 amounted to CNY 594,707,039.85, an increase from CNY 310,528,691.94 at the end of Q1 2013[29]. - Total equity increased to CNY 1,473,154,967.37 in Q1 2014, up from CNY 762,889,227.61 in Q1 2013[29]. Cash Flow - The net cash flow from operating activities was CNY 67,847,884.18, reflecting a 49.18% increase compared to CNY 45,481,488.07 in the previous year[18]. - Cash flow from operating activities for Q1 2014 was CNY 67,847,884.18, compared to CNY 45,481,488.07 in Q1 2013, reflecting a growth of 48.9%[34]. - Operating cash flow for Q1 2014 was CNY 68,850,252.79, an increase of 46.9% compared to CNY 46,843,721.24 in the previous period[37]. - The net increase in cash and cash equivalents for Q1 2014 was CNY 990,028,589.96, compared to a decrease of CNY 7,650,193.70 in the previous period[39]. Government Subsidies and Tax Refunds - The company reported a significant increase in government subsidies recognized in the current period, totaling CNY 2,921,470.96, which is a 503.77% increase from CNY 483,870.96[18]. - The company received CNY 13,110,994.07 in tax refunds during Q1 2014, compared to CNY 8,454,861.31 in the same period last year[33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 19,852, indicating a growing interest in the company's shares[14]. - The company completed its IPO on February 10, 2014, with commitments from major shareholders effective from that date[20]. Expenses - Operating costs rose in line with the increase in sales volume[19]. - Management expenses increased primarily due to higher R&D investments[19]. - Financial expenses decreased due to increased interest income and reduced exchange losses[19]. - The company reported a total operating cost of CNY 88,700,464.08 for Q1 2014, which is a 75.1% increase from CNY 50,617,057.10 in Q1 2013[29].
晶方科技(603005) - 2014 Q1 - 季度财报