CBC(SZ:000017)2014-04-27 16:00Financial Performance - The company's operating revenue for Q1 2014 was ¥26,457,065.59, a decrease of 32.98% compared to ¥39,478,142.34 in the same period last year[8] - The net profit attributable to shareholders was ¥354,354.82, a significant improvement from a loss of ¥26,646,803.51 in the previous year, marking a 101.33% change[8] - The net cash flow from operating activities was ¥2,504,356.37, a turnaround from a negative cash flow of ¥18,019,890.64 in the same period last year, representing a 113.9% improvement[8] - Operating revenue decreased by 32.98% compared to the same period last year, mainly due to reduced leasing income from asset disposals[15] - The net profit for Q1 2014 was CNY 433,872.32, a significant recovery from a net loss of CNY 26,597,299.65 in the previous year[31] - The company reported a basic earnings per share of CNY 0.0006, compared to a loss per share of CNY 0.0483 in the same quarter last year[31] Assets and Liabilities - Total assets increased by 10.94% to ¥168,080,241.33 from ¥151,511,429.85 at the end of the previous year[8] - Total assets at the end of the period amounted to 168,080,241.33 yuan, an increase from 151,511,429.85 yuan at the beginning of the period[24] - Total liabilities at the end of the period amounted to 159,947,595.83 yuan, an increase from 143,812,656.67 yuan at the beginning of the period[24] - Total assets decreased from CNY 123,706,991.31 to CNY 117,815,037.33, reflecting a decline of approximately 5%[28] - Total liabilities remained stable at CNY 112,255,196.35, compared to CNY 118,315,964.33 in the previous year[28] Shareholder Information - The number of shareholders at the end of the reporting period was 33,177[11] - The largest shareholder, Shenzhen Guosheng Energy Investment Development Co., Ltd., held 11.52% of the shares, totaling 63,508,747 shares[11] Cash Flow - The net cash flow from operating activities for the first quarter was 2,504,356.37 CNY, a significant improvement compared to a net outflow of -18,019,890.64 CNY in the same period last year[37] - Cash inflow from operating activities totaled 29,586,695.10 CNY, while cash outflow was 27,082,338.73 CNY, resulting in a positive cash flow[37] - The company reported a net increase in cash and cash equivalents of 2,521,352.10 CNY, compared to a decrease of -18,024,319.70 CNY in the previous year[38] - The total cash and cash equivalents at the end of the period stood at 29,355,523.69 CNY, up from 26,834,171.59 CNY at the beginning of the quarter[38] - The cash flow from investment activities showed a net inflow of 16,995.73 CNY, recovering from a net outflow of -4,429.06 CNY in the previous year[39] Expenses - Total operating costs for Q1 2014 were CNY 27,785,472.16, down 58% from CNY 66,069,850.99 year-over-year[30] - Sales expenses decreased by 52.58% compared to the same period last year, primarily due to reduced sales revenue from Amini[15] - Management expenses decreased by 93.45% compared to the same period last year, mainly due to the payment of employee compensation during bankruptcy restructuring in the previous year[15] - The company is focusing on cost control, with management expenses significantly reduced from CNY 31,468,393.66 to CNY 2,060,338.84[30] Other Financial Metrics - The company reported a basic earnings per share of ¥0.0006, a significant recovery from a loss of ¥0.0483 per share in the same period last year, reflecting a 101.24% change[8] - The weighted average return on equity was 4.93%, compared to 0% in the previous year[8] - Non-operating income increased by 155089.85% compared to the same period last year, mainly due to the reserve of operating funds from the restructuring case[15] Additional Notes - The company has not engaged in any repurchase transactions during the reporting period[12] - The first quarter report was not audited, indicating that the figures may be subject to change upon final review[43]