GONGJIN(SH:603118)2015-04-27 16:00Financial Performance - Revenue for the reporting period reached CNY 1,429,033,026.51, a growth of 29.62% year-on-year[6] - Net profit attributable to shareholders increased by 32.15% to CNY 63,044,475.59 compared to the same period last year[6] - Basic earnings per share rose by 13.64% to CNY 0.25[6] - The company reported a net profit of ¥495,544,851.81, compared to ¥432,072,053.39, indicating an increase of approximately 14.7%[27] - Net profit for the current period was ¥63,472,798.42, an increase of 26.8% from ¥50,003,351.74 in the same period last year[33] Assets and Liabilities - Total assets increased by 41.60% to CNY 4,828,920,652.07 compared to the end of the previous year[6] - Total liabilities increased to ¥2,624,726,622.73, up from ¥2,115,750,398.71, marking a growth of around 24%[26] - Owner's equity reached ¥2,204,194,029.34, compared to ¥1,294,520,081.12, showing an increase of approximately 70.3%[27] - Current assets totaled ¥3,953,418,974.81, compared to ¥2,592,584,057.53, indicating a rise of about 52.4%[27] Cash Flow - Cash flow from financing activities showed a significant increase of 14,811.57% to CNY 1,479,732,275.21[6] - The company reported a net cash outflow from operating activities of CNY -319,109,593.68, contrasting with a positive cash flow in the same period last year[6] - Cash inflow from operating activities totaled ¥1,031,718,447.78, slightly down from ¥1,093,614,670.00 in the previous period[37] - The company reported a total cash outflow from operating activities of 1,362,007,921.41 RMB, compared to 1,031,926,603.11 RMB in the previous year[39] Shareholder Information - The number of shareholders reached 25,635, with the top two shareholders each holding 29.57% of the shares[9] - The company plans to maintain a lock-up period for executives' shares for 36 months post-IPO, with restrictions on share transfers during this time[20] - The company will distribute at least 30% of its distributable profits as cash dividends annually, provided that cash is sufficient for normal operations and development[20] - The controlling shareholder must invest at least RMB 20 million in share buybacks or acquire more than 1% of the total share capital in a single fiscal year[20] Investment and Financing Activities - The company plans to increase its investment in its wholly-owned subsidiary, Taicang Tongwei Electronics Co., Ltd., using raised funds[16] - The financing activities generated a net cash flow of ¥1,479,732,275.21, a dramatic increase of 14,811.57% compared to ¥9,923,385.94 in the same period last year[13] - The company incurred an investment cash outflow of 632,342,226.70 RMB, compared to 7,852,967.21 RMB in the previous year[39] Operational Costs - The operating cost for Q1 2015 was ¥1,239,343,249.74, reflecting a 33.04% increase from ¥931,542,478.43 year-over-year[12] - Total operating costs amounted to ¥1,355,158,206.58, up 29.2% from ¥1,048,838,567.23 in the prior period[32] Other Financial Metrics - The weighted average return on net assets decreased by 0.19 percentage points to 3.95%[6] - The company reported a financial expense of -¥6,140,468.21, a significant improvement compared to ¥12,002,716.28 in the previous period[32] - The company experienced a decrease in sales tax and additional charges to ¥2,906,265.22 from ¥5,390,533.31 in the previous period[32]