HBFX(SZ:000926)2014-04-28 16:00Financial Performance - The company's operating revenue for Q1 2014 was ¥1,918,243,113.50, representing a 33.94% increase compared to ¥1,432,152,438.17 in the same period last year[8] - Net profit attributable to shareholders was ¥148,128,614.14, an increase of 8.24% from ¥136,849,355.24 year-on-year[8] - Basic earnings per share increased by 10.53% to ¥0.21 from ¥0.19 in the same period last year[8] - The net cash flow from operating activities was negative at ¥-691,084,337.11, a decline of 180.12% compared to ¥862,538,206.97 in the previous year[8] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥29,056,523,134.28, up 7.18% from ¥27,110,988,725.25 at the end of the previous year[8] - The net assets attributable to shareholders were ¥6,791,564,847.60, a slight increase of 0.23% from ¥6,775,914,061.91 at the end of the previous year[8] - The total number of shareholders at the end of the reporting period was 69,383[11] - The largest shareholder, Fuxing Group Holdings Co., Ltd., held 26.02% of the shares, amounting to 185,359,071 shares[12] Regulatory and Financial Activities - The company received approval from the China Securities Regulatory Commission for its bond issuance application on March 28, 2014[17] - Cash and cash equivalents increased by 57.66% compared to the beginning of the period, primarily due to increased borrowings[20] - Long-term borrowings increased by 37.99% compared to the beginning of the period, mainly due to new borrowings during the period[20] Revenue and Cost Analysis - Operating revenue increased by 33.94% compared to the previous period, driven by increased real estate settlement revenue[20] - Operating costs increased by 35.81% compared to the previous period, mainly due to an increase in the area of real estate settlements[20] - Management expenses increased by 107.38% compared to the previous period, primarily due to increased R&D investment and labor costs[20] - Cash paid for purchases and services increased by 49.84% compared to the previous period, mainly due to increased project investments[20] - Taxes paid decreased by 60.85% compared to the previous period, primarily due to a reduction in related tax payments[20] - Cash received from borrowings increased by 267.44% compared to the previous period, mainly due to increased borrowings[20] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥10,360,055.44 for the reporting period[9]