ARTS GROUP(SH:603017)2015-04-29 16:00Financial Performance - Operating revenue increased by 69.23% to CNY 126,453,059.06 year-on-year[7] - Net profit attributable to shareholders rose by 28.88% to CNY 12,233,199.74 compared to the same period last year[7] - The company reported a net profit excluding non-recurring items of CNY 11,502,360.12, an increase of 46.58% year-on-year[7] - Total operating revenue for the current period reached ¥126,453,059.06, a significant increase of 69.3% compared to ¥74,723,449.13 in the previous period[33] - Net profit for the current period was ¥13,010,759.53, representing a 32.0% increase from ¥9,844,594.28 in the previous period[33] - The net profit attributable to shareholders of the parent company was ¥12,233,199.74, up 28.1% from ¥9,492,233.43 year-over-year[33] - The total profit for the current period was ¥16,263,286.37, an increase of 37.5% compared to ¥11,848,892.69 in the prior period[33] - The company recorded a total comprehensive income of ¥13,010,759.53, up from ¥9,844,594.28, indicating a growth of 32.0%[35] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 103,169,599.75, worsening by 45.79% compared to the previous year[7] - Net cash flow from operating activities was -¥103,169,599.75, a decline of 45.79% from -¥70,763,484.15, primarily due to increased payments for subcontracting, employee compensation, and performance guarantees[15] - Cash flow from investing activities was -¥47,801,676.20, a significant increase of 208.15% compared to -¥15,512,492.14, attributed to ongoing investments in construction projects[15] - Cash flow from financing activities improved to -¥9,013,559.02, a 53.67% increase from -¥19,455,553.60, due to no dividend payments during the period[15] - The total cash outflow from operating activities was 166,285,691.99 RMB, up from 136,690,441.61 RMB in the previous year, indicating a rise of approximately 21.6%[43] - The company reported a cash flow from investing activities of -47,801,676.20 RMB, which is a significant increase in cash outflow compared to -15,512,492.14 RMB in the previous year[41] Assets and Liabilities - Total assets decreased by 11.10% to CNY 929,313,463.73 compared to the end of the previous year[7] - Current assets decreased from ¥703,518,050.98 to ¥546,257,353.47, representing a reduction of about 22.3%[24] - Cash and cash equivalents dropped from ¥541,738,554.20 to ¥381,401,718.89, a decrease of approximately 29.6%[24] - Accounts receivable increased from ¥93,229,560.73 to ¥104,323,870.92, reflecting an increase of about 11.7%[24] - Current liabilities decreased significantly from ¥223,615,674.10 to ¥94,613,449.75, a reduction of approximately 57.6%[26] - The company reported a decrease in accounts payable from ¥106,790,179.69 to ¥54,392,182.56, a decline of approximately 48.9%[25] - Non-current assets increased from ¥341,786,877.57 to ¥383,056,110.26, an increase of about 12.0%[25] - The company’s retained earnings increased from ¥165,239,400.87 to ¥177,472,600.61, an increase of approximately 7.5%[26] Shareholder Information - The total number of shareholders reached 9,022 at the end of the reporting period[11] - The largest shareholder, Suzhou Saipu Growth Investment Management Co., Ltd., holds 42.27% of the shares[11] - The company has committed to not transferring or managing shares held by major shareholders for 36 months post-listing, ensuring stability in control and strategic decision-making[16] - The company plans to initiate a share buyback if the stock price falls below the latest audited net asset value for 20 consecutive trading days, demonstrating a commitment to stabilizing stock prices[18] Earnings Per Share - Basic and diluted earnings per share decreased by 4.76% to CNY 0.20[7] - Basic earnings per share for the current period was ¥0.20, slightly down from ¥0.21 in the previous period[35]