SCMF(SZ:000731)2014-04-29 16:00Financial Performance - Revenue for the first quarter was ¥1,086,897,216.25, a decrease of 22.76% compared to ¥1,407,211,068.84 in the same period last year[9] - Net profit attributable to shareholders was ¥1,705,664.48, down 92.39% from ¥22,421,428.85 year-on-year[9] - The company reported a significant decrease in operating profit by 101.17% to -¥2,335,680.00, attributed to a decline in product sales prices[16] - Investment income decreased by 101.16% to -¥682,930.00, primarily due to the transfer of equity investment in Gansu Liuhua[16] Cash Flow - The net cash flow from operating activities improved by 46.24%, reaching -¥82,944,201.63 compared to -¥154,286,214.20 in the previous year[9] - Cash flow from financing activities decreased by 792.14% to -¥10,363,390.00, mainly due to a reduction in borrowings[16] Assets and Shareholders - Total assets decreased by 4.29% to ¥4,616,327,949.75 from ¥4,823,125,632.54 at the end of the previous year[9] - The number of shareholders at the end of the reporting period was 68,742[12] - The first major shareholder, Chengdu Huachuan Petroleum and Natural Gas Exploration and Development, holds 12.18% of shares[12] Expenses - Sales expenses increased by 50.33% to ¥1,254,450,000 due to changes in marketing strategies[16]