eGOVA(SZ:300075)2015-04-24 16:00Financial Performance - Total revenue for Q1 2015 was CNY 54,741,699.06, representing a 7.40% increase compared to CNY 50,970,227.22 in the same period last year[8]. - Net profit attributable to shareholders was CNY 6,307,086.01, up 28.25% from CNY 4,917,784.45 year-on-year[8]. - Operating profit for the period was CNY 1,707,710.58, significantly up from CNY 68,599.39 in the previous period, indicating a substantial improvement in operational efficiency[48]. - Net profit for Q1 2015 reached CNY 6,002,084.39, compared to CNY 4,064,311.08 in the same period last year, reflecting an increase of about 47.8%[48]. - The total profit for the period was CNY 6,760,061.44, an increase from CNY 5,403,342.37 in the previous period, marking a growth of approximately 25.1%[48]. - The company's operating costs were CNY 53,112,125.47, up from CNY 50,901,627.83, reflecting an increase of about 4.3%[47]. Cash Flow and Liquidity - Net cash flow from operating activities was negative CNY 21,489,713.17, an improvement of 64.52% compared to negative CNY 60,561,766.41 in the previous year[8]. - Cash inflow from operating activities was CNY 94,211,955.72, compared to CNY 81,514,510.61 in the previous period, indicating a growth of about 15.5%[55]. - The net cash flow from operating activities was -27,162,069.02 RMB, compared to -22,146,231.59 RMB in the previous period, indicating a decline in operational performance[59]. - The ending balance of cash and cash equivalents was 200,186,278.45 RMB, down from 625,902,117.63 RMB in the previous period, showing a significant decrease in liquidity[60]. - The company reported a total cash outflow of 115,701,668.89 RMB from operating activities, compared to 142,076,277.02 RMB in the previous period, indicating improved cash management despite ongoing losses[57]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,421,736,237.50, a 0.70% increase from CNY 1,411,907,794.79 at the end of the previous year[8]. - Total liabilities were reported at 264,199,252.47 yuan, up from 260,775,125.00 yuan[41]. - The company's equity attributable to shareholders reached 1,147,663,546.38 yuan, an increase from 1,140,954,229.52 yuan[42]. - Current assets totaled 1,110,530,420.88 yuan, slightly up from 1,099,145,666.37 yuan at the start of the period[39]. Investments and Projects - The company has completed the acquisition of 90% equity in Beijing Hanwang Zhitong Technology Co., Ltd. for CNY 104.4 million, with CNY 104.9 million paid as of the reporting date[32]. - The "New Generation" Digital City Management System project has a total investment commitment of CNY 5,000 million, with CNY 3,980.5 million invested by March 31, 2012, achieving 100% of the planned investment[30]. - The Digital Community Management project has a total investment commitment of CNY 3,500 million, with CNY 2,828.0 million invested, also achieving 100% of the planned investment[30]. - The company has allocated CNY 39.6735 million for the establishment of the Wuhan R&D center, with a total planned investment of CNY 44.6469 million[32]. Risks and Challenges - The company faces risks related to reliance on government procurement, which may be affected by fiscal tightening at local government levels[11]. - Increased competition in the smart city sector poses a risk to maintaining market share and profit margins[11]. Shareholder and Compliance Information - The total number of shareholders at the end of the reporting period was 8,801[13]. - Major shareholders and actual controllers have not participated in the incentive plan, ensuring compliance with commitments[26]. - The company has established a commitment to protect the interests of all shareholders and avoid improper benefits from related transactions[27].