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人人乐(002336) - 2014 Q1 - 季度财报
RENRENLERENRENLE(SZ:002336)2014-04-27 16:00

Financial Performance - The company's operating revenue for Q1 2014 was ¥3,419,448,158.46, a decrease of 3.64% compared to ¥3,548,539,911.12 in the same period last year[8] - Net profit attributable to shareholders was ¥24,028,790.34, representing an increase of 3.07% from ¥23,312,911.39 year-on-year[8] - Basic and diluted earnings per share increased by 3.09% to ¥0.0601 from ¥0.0583 in the previous year[8] - The company plans to achieve a net profit attributable to shareholders of between RMB 10.14 million and RMB 15.21 million for the first half of 2014, representing a change of 0% to 50% compared to the same period in 2013[19] Cash Flow and Assets - The net cash flow from operating activities significantly dropped by 74.19%, from ¥244,930,340.99 to ¥63,227,177.86[8] - Total assets at the end of the reporting period were ¥7,247,027,171.77, down 2.59% from ¥7,440,031,210.36 at the end of the previous year[8] - The net assets attributable to shareholders increased by 0.73% to ¥3,318,937,335.83 from ¥3,294,908,545.49[8] - Net cash flow from operating activities decreased by 74.19% year-on-year, primarily due to a decline in sales and reduced advance payments for bulk purchases[15] Shareholder Information - The top shareholder, Shenzhen Haoming Investment Management Co., Ltd., holds 48.75% of the shares, amounting to 195,000,000 shares[10] - The total number of shareholders at the end of the reporting period was 26,000[10] - The company extended the lock-up period for 30 million shares, accounting for 75% of total share capital, for an additional 12 months until January 13, 2014[17] Government Support and Non-Operating Income - The company received government subsidies totaling ¥448,555.75 during the quarter, primarily for supporting sales projects[9] - The company reported a non-operating income of ¥4,618,678.94, mainly from compensation income and other miscellaneous gains[9] Financial Expenses and Taxation - Income tax expenses increased by 57.03% year-on-year, attributed to higher current income tax and a decrease in deferred tax assets[15] - Financial expenses rose by 108.34% year-on-year, mainly due to reduced term deposits and decreased interest income[15] Operational Developments - Prepayments increased by 49.99% compared to the beginning of the year, mainly due to the purchase of commercial property for store openings, amounting to RMB 276 million[15] - Interest receivables decreased by 65.54% compared to the beginning of the year, primarily due to the maturity of term deposits and collection of interest[15] - The company has completed the acquisition of commercial property for store openings, with a total payment of RMB 275.88 million[16] - The company is focusing on category management and improving product structure to enhance gross margin control, leading to stable growth in gross margin[19]