海天味业(603288) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 2,797,277,793.88, a 13.08% increase year-on-year[12] - Net profit attributable to shareholders increased by 35.24% to CNY 634,250,836.51 compared to the same period last year[12] - The net profit excluding non-recurring gains and losses increased by 24.48% to CNY 582,301,576.18 compared to the same period last year[12] - Basic and diluted earnings per share rose by 30.30% to CNY 0.86[12] - Total revenue for Q1 2014 reached CNY 2,797,277,793.88, an increase of 13.06% compared to CNY 2,473,702,608.69 in Q1 2013[27] - Net profit attributable to the parent company was CNY 634,250,836.51, up 35.25% from CNY 468,968,395.57 in the same period last year[28] - Basic and diluted earnings per share for Q1 2014 were both CNY 0.86, compared to CNY 0.66 in Q1 2013, reflecting a 30.30% increase[28] Assets and Liabilities - Total assets increased by 16.51% to CNY 7,831,965,565.29 compared to the end of the previous year[12] - Total assets increased by 16.5% to 7,831,965,565.29 compared to the beginning of the year[22] - The total liabilities decreased by 48.5% to 1,445,357,664.23, indicating improved financial health[22] - Total liabilities decreased significantly to CNY 646,537,389.49 from CNY 2,031,869,729.56, indicating improved financial stability[25] - The company's cash and cash equivalents increased to CNY 3,299,719,449.85 from CNY 1,922,126,805.15, showing a growth of 71.51%[24] Cash Flow - Cash flow from operating activities improved by 20.79%, with a net outflow of CNY 403,575,553.79[12] - Cash inflow from operating activities totaled CNY 1,929,967,455.86, an increase from CNY 1,569,937,069.00 in the previous period, reflecting a growth of approximately 22.9%[32] - Cash outflow from operating activities was CNY 2,333,543,009.65, compared to CNY 2,079,420,727.67 in the prior period, representing an increase of about 12.2%[32] - The net cash flow from operating activities was negative CNY 403,575,553.79, an improvement from negative CNY 509,483,658.67 in the previous period[32] - Cash inflow from investment activities amounted to CNY 73,472,339.28, significantly higher than CNY 5,875,276.33 in the prior period[33] - Cash outflow from investment activities was CNY 179,850,482.65, down from CNY 259,059,446.42 in the previous period, indicating a decrease of approximately 30.6%[33] - The net cash flow from investment activities was negative CNY 106,378,143.37, an improvement from negative CNY 253,184,170.09 in the prior period[33] - Cash inflow from financing activities reached CNY 1,855,109,375.00, with no previous period comparison available[36] - Cash outflow from financing activities was CNY 2,316,210.54, compared to CNY 694,291,500.00 in the previous period, showing a significant decrease[36] - The net cash flow from financing activities was positive CNY 1,852,793,164.46, a turnaround from negative CNY 694,291,500.00 in the prior period[36] - The ending cash and cash equivalents balance was CNY 3,561,771,236.32, a substantial increase from CNY 853,021,861.89 in the previous period[33] Shareholder Information - The total number of shareholders reached 19,479 at the end of the reporting period[15] - Guangdong Haid Group Co., Ltd. holds 58.38% of the shares, making it the largest shareholder[15] Other Financial Metrics - The weighted average return on equity decreased by 1.25 percentage points to 11.62%[12] - Financial expenses decreased by 34.92% to -7,061,185.59 due to an increase in cash balance[6] - Operating income increased by 4043.67% to 62,600,341.37 primarily from the sale of land use rights[6] - Prepayments decreased by 78.57% to -372,104,409.10 as year-end dealer stocking payments returned to normal[6] - Cash and cash equivalents increased by 59.76% to 3,618,414,801.27 due to funds raised from the initial public offering[6] - The company reported a 34.48% increase in income tax to 148,346,235.19, reflecting higher profits[6] - The capital reserve increased by 134.69% to 3,137,136,102.36 from the issuance of new shares[6] - The net cash received from the disposal of fixed assets surged by 52703.40% to 66,504,212.38, mainly from land use rights sales[6] - The company did not distribute dividends this period, resulting in a 100% decrease in cash paid for dividends[18] - The gross profit margin for Q1 2014 was approximately 25.8%, compared to 24.0% in Q1 2013, indicating improved profitability[27] - The company reported a significant increase in capital reserves, which rose to CNY 3,182,770,590.67 from CNY 1,382,354,476.85, reflecting strong retained earnings[25] - Other comprehensive income for Q1 2014 was CNY 1,952.73, down from CNY 16,478.95 in the previous year, indicating a decrease in non-operating gains[28]