涪陵榨菜(002507) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was CNY 203,146,622.40, representing a 4.24% increase compared to CNY 194,878,382.18 in the same period last year[8]. - Net profit attributable to shareholders was CNY 36,475,638.02, up 20.07% from CNY 30,377,756.12 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was CNY 30,257,155.81, reflecting a 23.9% increase from CNY 24,420,083.26 in the previous year[8]. - Basic and diluted earnings per share increased to CNY 0.24, a rise of 20% from CNY 0.20 in the previous year[8]. - The company expects net profit attributable to shareholders for the first half of 2014 to increase by 10% to 35%, estimating between ¥82,744,500 and ¥101,550,100, compared to ¥75,222,300 in the same period last year[27]. - The anticipated increase in net profit is attributed to expected sales volume growth and an increase in costs and expenses[27]. Cash Flow and Expenses - The company's cash flow from operating activities showed a significant decline, with a net outflow of CNY 44,054,934.04 compared to a net inflow of CNY 16,540,565.94 in the same period last year, marking a decrease of 366.34%[8]. - Cash received from operating activities decreased by 44.39% to ¥4,909,675.78 compared to ¥8,829,544.74 in the same period last year, primarily due to a reduction in government subsidies received[19]. - Cash paid for purchasing goods and services increased by 74.77% to ¥189,136,927.39 from ¥108,221,642.81 year-on-year, mainly due to increased cash payments for raw material acquisitions[19]. - Cash paid for other operating activities rose by 71.03% to ¥32,169,647.62 from ¥18,809,298.47, attributed to higher advertising, product promotion, and sales personnel expenses[19]. - Cash received from the disposal of fixed assets and other long-term assets surged by 13,243.10% to ¥7,338,703.00 from ¥55,000.00, mainly due to compensation received for land and property from the government[19]. - Cash paid for acquiring fixed assets and other long-term assets increased by 90.13% to ¥50,600,728.30 from ¥26,614,099.43, primarily due to the purchase of land use rights[20]. - Cash recovered from investments amounted to ¥50,174,673.71, with no previous year amount, resulting from the maturity of short-term bank wealth management products[20]. Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 1,321,941,639.75, an increase of 1.8% from CNY 1,298,616,567.92 at the end of the previous year[8]. - The net assets attributable to shareholders increased to CNY 1,075,069,298.72, up 3.51% from CNY 1,038,593,660.71 at the end of the previous year[8]. - Inventory at the end of the reporting period was CNY 182,494,392.55, a 59.59% increase from CNY 114,350,964.76 at the beginning of the period, primarily due to increased purchases of pickled vegetables and radish[17]. - Management expenses for the reporting period were CNY 13,314,282.58, a 31.17% increase from CNY 10,150,015.42 in the same period last year, mainly due to new expenses related to the radish product distribution rights conference[18]. - The number of shareholders at the end of the reporting period was 8,165[11].