厦门信达(000701) - 2014 Q1 - 季度财报(更新)

Revenue and Profit - Revenue for the first quarter reached ¥5,992,477,213.77, an increase of 24.56% compared to ¥4,811,028,044.34 in the same period last year[7] - Net profit attributable to shareholders decreased by 9.72% to ¥32,766,923.15 from ¥36,295,384.34 year-on-year[7] - Net profit excluding non-recurring gains and losses increased by 24.00% to ¥34,227,252.62 from ¥27,602,443.07 in the previous year[7] - Basic earnings per share decreased by 9.73% to ¥0.1364 from ¥0.1511 in the same period last year[7] - The weighted average return on equity decreased to 3.14% from 4.36% year-on-year, a decline of 1.22%[7] - Total operating revenue for Q1 2014 was ¥5,992,477,213.77, an increase of 24.6% compared to ¥4,811,028,044.34 in the same period last year[36] - Net profit for Q1 2014 was ¥44,163,699.29, a decrease of 11.4% from ¥49,840,886.10 in Q1 2013[38] - Earnings per share (EPS) for Q1 2014 was ¥0.1364, down from ¥0.1511 in the previous year[38] - The total profit for Q1 2014 was ¥52,568,111.87, down from ¥60,231,698.45 in Q1 2013[36] - The company reported a comprehensive income total of ¥45,464,034.77 for Q1 2014, compared to ¥49,147,990.72 in the previous year[38] - The company experienced a decrease in investment income, reporting a loss of ¥504,357.74 in Q1 2014, compared to a gain of ¥1,327,857.90 in Q1 2013[36] Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥1,958,834,770.05, worsening by 167.48% compared to -¥732,329,782.68 in the same period last year[7] - Operating cash flow net decreased by 167.48% to -¥1,958,834,770, due to higher cash payments for goods and services[14] - The company reported a net cash outflow from operating activities of ¥1,958,834,770.05, compared to a net outflow of ¥732,329,782.68 in Q1 2013[43] - Total cash inflow from operating activities was 3,899,182,774.39 CNY, while cash outflow was 5,196,498,588.25 CNY, resulting in a net cash outflow of 1,297,315,813.86 CNY[44] - Cash and cash equivalents at the end of the period were 1,210,838,227.79 CNY, down from 1,534,171,818.37 CNY at the beginning of the period[44] - The company reported a decrease in cash and cash equivalents by 294,130,539.18 CNY during the period[45] - The company's cash and cash equivalents decreased from ¥1,668,957,123.20 to ¥1,359,173,420.80, representing a decline of approximately 18.5%[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,255,743,058.23, a 32.97% increase from ¥8,464,959,446.22 at the end of the previous year[7] - Total current assets increased from ¥7,331,303,711.45 to ¥10,097,567,138.78, reflecting a growth of approximately 37.8%[29] - Current liabilities rose to CNY 8.27 billion, up from CNY 6.49 billion, an increase of 27.5%[31] - Total liabilities reached CNY 9.09 billion, compared to CNY 7.02 billion, marking a 29.5% increase[31] - Owner's equity grew to CNY 2.17 billion from CNY 1.45 billion, an increase of 49.7%[31] - Long-term borrowings increased by 51.78% to ¥775,283,172, driven by business growth[14] - Long-term borrowings rose to CNY 775.28 million from CNY 510.81 million, an increase of 52.0%[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 44,309[10] - The largest shareholder, Xiamen Information - Xinda General Company, holds 28.2% of the shares, totaling 67,750,000 shares[10] Investments and Other Financial Activities - The company issued 70,634,043 new shares in a non-public offering approved by the China Securities Regulatory Commission[19] - The company issued short-term financing bonds totaling ¥300 million and non-public debt financing tools totaling ¥400 million in March 2014[19] - The company received 672,831,640.00 CNY from investment activities, with a net cash inflow of 16,229,635.71 CNY from investment activities[45] - Total cash inflow from financing activities was 2,888,409,037.02 CNY, while cash outflow was 1,901,453,398.05 CNY, resulting in a net cash inflow of 986,955,638.97 CNY[45] Operational Metrics - Trading financial assets decreased by 92.36% to ¥65,250 compared to the previous year-end[14] - Accounts receivable increased by 155.08% to ¥2,069,632,749, primarily due to increased receivables from bulk trade[14] - Prepayments increased by 205.19% to ¥2,967,210,326, mainly due to prepaid goods[14] - Inventory decreased slightly from ¥3,153,246,774.35 to ¥3,068,995,486.49, a reduction of about 2.7%[29] - Accounts receivable increased significantly from ¥811,365,120.66 to ¥2,069,632,749.47, indicating a growth of about 155.5%[29] - Prepayments rose from ¥972,249,442.88 to ¥2,967,210,326.46, marking an increase of approximately 205.5%[29] - Inventory levels rose to CNY 861.55 million, up from CNY 516.98 million, an increase of 66.5%[34] Future Strategies - The company is focused on expanding its optical business and refinancing projects as part of its future development strategy[26] - The company is actively engaging in forward foreign exchange transactions to mitigate currency fluctuation risks associated with its import and export operations[25] - The company has established a monitoring mechanism for its derivative investments to ensure compliance with relevant laws and regulations[25] Audit Status - The report for the first quarter was not audited[46]