CRHIC(SH:600528)2014-04-24 16:00Financial Performance - Net profit attributable to shareholders increased by 7.42% to CNY 77.10 million year-on-year[10] - Basic earnings per share increased by 7.32% to CNY 0.0528[10] - The net profit after deducting non-recurring gains and losses decreased by 12.47% to CNY 62.49 million[10] - The company reported a significant decrease in net profit attributable to minority shareholders by 60.46% to CNY 11,040,073.77 compared to the same period last year[14] - Net profit for the current period was ¥88,144,490.87, compared to ¥99,698,300.21 in the previous period, reflecting a decrease of approximately 11.57%[27] - The net profit attributable to the parent company was ¥77,104,417.10, an increase from ¥71,775,564.09, showing a growth of about 7.00%[27] Revenue and Costs - Operating revenue for the first quarter reached CNY 14.86 billion, a growth of 3.67% compared to the same period last year[10] - Total operating revenue for the current period reached ¥14,861,858,346.85, an increase from ¥14,335,127,557.54 in the previous period, representing a growth of approximately 3.67%[26] - Total operating costs amounted to ¥14,780,983,647.22, up from ¥14,212,603,193.97, indicating an increase of about 4.00%[26] - The company incurred total operating expenses of ¥5,218,814,831.22, compared to ¥4,696,211,829.45 in the previous year, reflecting a rise of 11.1%[28] Assets and Liabilities - Total assets increased by 3.23% to CNY 52.80 billion compared to the end of the previous year[10] - Total assets increased to CNY 52,798,949,668.60 from CNY 51,146,777,508.85, reflecting overall growth[19] - Total liabilities rose to CNY 43,793,651,032.76 from CNY 42,206,923,363.88, indicating increased financial obligations[19] - Total liabilities increased to ¥45,966,179,167.91 from ¥44,402,151,499.03, marking an increase of approximately 3.53%[21] - Current assets totaled ¥28,804,897,231.52, a decrease from ¥29,635,980,510.42, indicating a decline of approximately 2.79%[23] Cash Flow - Net cash flow from operating activities improved by 68.23%, reaching CNY -444.92 million[10] - Net cash flow from operating activities improved by 68.23% to CNY -444,918,862.05, due to better real estate pre-sales and increased trade receivables[14] - Cash flow from operating activities showed a net outflow of ¥444,918,862.05, an improvement from a net outflow of ¥1,400,221,963.56 in the previous year[30] - Cash flow from investing activities resulted in a net outflow of ¥123,974,800.68, compared to a net outflow of ¥42,480,294.71 in the same period last year[31] - Cash flow from financing activities generated a net inflow of ¥655,445,144.58, down from ¥1,538,196,161.57 in Q1 2013[31] Shareholder Information - The number of shareholders at the end of the reporting period was 137,179[11] - The largest shareholder, China Railway Erju Group Co., Ltd., holds 49.46% of the shares[11] Other Income and Expenses - Other income surged by 1,765.39% to CNY 20,267,853.03, primarily due to increased debt restructuring gains[14] - Investment income decreased by 66.90% to CNY 1,975,668.23, resulting from reduced land consolidation investment returns[14] - The company's cash and cash equivalents increased to ¥1,892,428,860.43 from ¥1,788,631,074.61, representing a growth of about 5.80%[23] - The company reported cash and cash equivalents at the end of Q1 2014 amounting to ¥2,489,202,082.65, down from ¥3,308,826,961.63 at the end of Q1 2013[31]