CHIC(SH:601608)2014-04-25 16:00Financial Performance - Net profit attributable to shareholders decreased by 17.67% to CNY 139,296,733.96 year-on-year[11] - Operating revenue rose by 1.47% to CNY 1,554,018,165.10 compared to the same period last year[11] - The company reported a net profit of CNY 2,273,608,027.47, up from CNY 2,134,311,293.51, indicating an increase of 6.5% in retained earnings[26] - Total operating revenue for the current period is ¥1,554,018,165.10, an increase from ¥1,531,560,570.74 in the previous period, representing a growth of approximately 1.5%[32] - Total operating costs increased to ¥1,441,146,691.49 from ¥1,393,074,424.97, reflecting a rise of about 3.5%[32] - Net profit for the current period is ¥139,365,642.16, down from ¥169,319,729.02, indicating a decrease of approximately 17.7%[32] - Basic and diluted earnings per share decreased to ¥0.0508 from ¥0.0617, a decline of about 17.5%[33] - Comprehensive income for the current period is ¥140,405,594.33, down from ¥163,476,355.04, reflecting a decline of about 14.1%[33] - Other comprehensive income improved to ¥1,039,952.17 from a loss of ¥5,843,373.98, indicating a positive turnaround[33] Cash Flow - Cash flow from operating activities improved by 23.71%, reaching a net outflow of CNY 194,638,390.32[11] - Cash received from operating activities increased by 117.96% to ¥225,841,065.63, indicating a significant rise in operational cash flow[17] - The net cash flow from operating activities was -192,336,797.16 CNY, compared to -160,767,808.89 CNY in the previous year, indicating a decline in operational cash generation[40] - Cash inflow from operating activities totaled 931,846,703.26 CNY, an increase from 835,608,798.20 CNY in the previous year[40] - Cash outflow for purchasing goods and services was 571,398,370.05 CNY, slightly up from 558,374,730.23 CNY year-over-year[40] - Cash paid to employees decreased to 197,741,906.54 CNY from 212,839,809.38 CNY in the previous year[40] - The company incurred a total cash outflow from financing activities of 361,524,443.47 CNY, compared to 1,058,397,683.34 CNY in the previous year[40] Assets and Liabilities - Total assets increased by 0.80% to CNY 17,726,188,171.73 compared to the end of the previous year[11] - Current assets totaled CNY 11,470,421,563.03, up from CNY 11,391,802,652.76, indicating an increase of 0.7%[24] - Cash and cash equivalents decreased to CNY 4,473,252,972.99 from CNY 4,753,422,183.01, a decline of 5.9%[24] - Accounts receivable decreased to CNY 2,393,420,131.40 from CNY 2,561,139,163.70, a drop of 6.6%[24] - Inventory increased to CNY 3,111,744,877.23 from CNY 2,754,084,650.28, representing a rise of 12.9%[24] - Total liabilities remained stable at CNY 9,729,020,699.74 compared to CNY 9,729,951,158.56, a negligible change[26] - Short-term borrowings rose to CNY 2,092,368,200.98 from CNY 1,668,646,386.87, an increase of 25.4%[25] - Non-current assets totaled CNY 6,255,766,608.70, up from CNY 6,194,213,787.79, reflecting a growth of 1.0%[25] - Shareholders' equity increased to CNY 7,997,167,471.99 from CNY 7,856,065,281.99, a rise of 1.8%[26] Investment Activities - Cash payments for investments dropped by 63.18% to ¥25,136,550.00, showing a reduction in new investments compared to the previous year[17] - The cash flow from the recovery of investments significantly decreased by 91.95% to ¥11,037,100.00, indicating fewer matured financial products this period[17] - The cash flow from investment income also fell by 44.03% to ¥11,512,355.56, reflecting a decline in financial returns[17] - The total cash outflow for fixed asset investments decreased by 37.07% to ¥124,123,936.92, indicating reduced capital expenditures[17] - Investment activities resulted in a net cash outflow of ¥126,702,741.86, compared to a net outflow of ¥107,806,812.10 in the previous period[37] - The net cash flow from investment activities was -66,635,883.46 CNY, contrasting with a positive net cash flow of 39,499,994.78 CNY in the previous year[40] - The cash flow from investment activities was primarily affected by a cash outflow of 79,148,239.02 CNY for fixed assets, down from 82,070,378.49 CNY last year[40] Shareholder Information - The number of shareholders totaled 51,490 at the end of the reporting period[13] - The largest shareholder, China CITIC Limited, holds 63.87% of the shares[13] Government Subsidies and Taxation - Government subsidies recognized in the current period amounted to CNY 3,459,833.33, excluding those related to normal business operations[11] - Cash received from tax refunds decreased by 58.13% to ¥24,756,643.81 compared to the previous period[17] - Payments for various taxes decreased by 39.00% to ¥73,266,362.81, reflecting lower tax liabilities this period[17]