Financial Performance - In 2014, the company reported a revenue of ¥14,844,251.44, a decrease of 57.49% compared to ¥34,916,191.37 in 2013[26] - The net profit attributable to shareholders was -¥47,806,674.44, representing a decline of 822.32% from a profit of ¥6,618,483.92 in the previous year[26] - Basic earnings per share were -¥0.2025, a significant drop from ¥0.0280 in 2013, reflecting an 823.21% decrease[27] - The weighted average return on equity was -7.23%, down from 0.96% in the previous year, indicating a decline of 8.19 percentage points[27] - The company reported a net profit attributable to shareholders of CNY -47,806,674.44, a decline of 822.32% year-on-year, mainly due to a significant drop in investment income[35] - The company achieved an operating income of ¥14,844,251.44, which is 60.59% of the planned target of ¥24,500,000 for 2014[49] - The cement segment reported an operating income of ¥14,349,155.72 and an operating cost of ¥16,291,821.61, resulting in a gross margin of -13.54%[51] - The company reported a net profit of -47,752,081.30 RMB for the year 2014, with a total distributable profit of 203,072,948.37 RMB after accounting for previous undistributed profits and cash dividends paid[80] - The total comprehensive income for the current period was a loss of ¥65,870,665.10, compared to a gain of ¥3,599,492.96 in the previous period[168] Assets and Liabilities - The company's total assets decreased by 7.03% to ¥685,635,404.90 at the end of 2014, down from ¥737,466,371.88 in 2013[26] - The net assets attributable to shareholders fell by 9.64% to ¥618,678,725.95, compared to ¥684,710,759.14 at the end of 2013[26] - The total liabilities increased to CNY 66,956,678.95 from CNY 52,755,612.74, representing a growth of approximately 27%[162] - Total equity decreased to CNY 618,327,125.08 from CNY 684,304,565.13, a decline of about 10%[164] - The company's long-term equity investments decreased to CNY 425,208,694.90 from CNY 567,221,949.09, reflecting a decline in investment value[161] Cash Flow - The company achieved a net cash flow from operating activities of CNY -1,506,603.90, a 51.08% improvement compared to the previous year[36] - Cash and cash equivalents at the end of the period increased by 52.11% to ¥118,226,566.79 compared to the previous year[48] - The company reported a significant increase in cash received from investment recoveries to ¥317,162,746.95 from ¥124,700,000.00, an increase of approximately 154%[173] - The company paid ¥2,851,227.90 in dividends and interest, down from ¥5,131,612.90, a decrease of approximately 44%[174] Market Conditions - The company faced intense competition and price declines in the cement market, leading to operational challenges and increased risks[35] - The cement industry in China saw a production capacity reduction of over 24 million tons, a 25% decrease year-on-year, indicating a tightening market[34] - The company faced significant industry risks due to overcapacity and intense competition in the cement market[70] Investment Activities - Investment income from the sale of shares in Xinjiang Zhonghe amounted to CNY 45,517,346.56, while long-term equity investment income was CNY -69,364,195.13[35] - The company made a total external equity investment of ¥125,786,747 during the reporting period[57] - The company reduced its stake in Xinjiang Zhonghe from 14.93% to 12.94%, selling 12,753,691 shares and generating an investment gain of ¥45,517,346.56[59] Dividend Policy - The company plans to distribute a cash dividend of ¥0.20 per 10 shares, totaling ¥4,721,760.00, based on the total share capital of 236,088,000 shares as of December 31, 2014[3] - The company has established a cash dividend policy that mandates a minimum cash dividend ratio of 30% of the average distributable profit over the last three years[77] - The company maintained a cash dividend of 0.20 CNY per 10 shares for the years 2012, 2013, and 2014, despite the drop in net profit[83] Corporate Governance - The company has complied with relevant laws and regulations regarding corporate governance and has no significant discrepancies[141] - The independent directors did not raise any objections to the board's proposals during the reporting period[145] - The company has established a mechanism for accountability regarding significant errors in annual reports, with no major errors reported during the period[153] Environmental and Safety Compliance - The company successfully completed environmental monitoring in 2014, with all production equipment meeting emission standards[84] - The company has not experienced any safety production accidents in 2014, reflecting its commitment to employee safety[84] - The company has established a comprehensive environmental pollution emergency plan to address potential incidents[84] Accounting and Reporting - The company has adopted new accounting standards effective July 1, 2014, impacting financial reporting practices[72] - The financial statements comply with the relevant accounting standards and accurately reflect the company's financial position as of December 31, 2014[196] - The audit opinion confirmed that the financial statements fairly present the company's financial position and results of operations for the year ended December 31, 2014[158]

Financial Performance - Net profit attributable to shareholders decreased by 86.47% to CNY -4,730,935.47 for the year-to-date period[7] - Operating revenue for the year-to-date period decreased by 61.11% to CNY 10,668,070.42 compared to the same period last year[7] - Basic and diluted earnings per share both decreased by 86.92% to CNY -0.0200[7] - Revenue for the first nine months of 2014 was ¥10,668,070.42, a decrease of 61.11% from ¥27,429,994.85 in the same period of 2013, attributed to reduced cement sales volume and lower sales prices[11] - Net profit for the first nine months of 2014 was -¥4,730,935.47, a decline of 86.47% compared to -¥2,537,146.00 in the same period of 2013, primarily due to decreased sales profit and investment income[12] - The total comprehensive income for the first nine months of 2014 was -¥8,108,185.34, a decrease of 216.90% compared to -¥2,558,587.87 in the same period of 2013[12] - The net profit for Q3 2014 was CNY 7,733,301.62, compared to a net loss of CNY 5,756,949.96 in Q3 2013, indicating a significant turnaround[35] - The total profit for Q3 2014 was CNY 6,881,140.31, compared to a loss of CNY 5,657,352.68 in Q3 2013, reflecting a positive shift in profitability[35] - The total comprehensive income for Q3 2014 was CNY 4,354,711.63, compared to a loss of CNY 5,749,244.29 in Q3 2013, showing a recovery in overall financial performance[35] Assets and Liabilities - Total assets decreased by 1.69% to CNY 725,014,059.87 compared to the end of the previous year[7] - As of September 30, 2014, the total assets of the company amounted to ¥725,014,059.87, a decrease from ¥737,466,371.88 at the beginning of the year[23] - The company's current assets totaled ¥161,267,540.12, up from ¥145,746,306.83 at the start of the year, indicating a growth of approximately 10.4%[23] - The company's non-current assets decreased from ¥591,720,065.05 to ¥563,746,519.75, reflecting a decline of about 4.7%[24] - The total liabilities of the company as of September 30, 2014, were not explicitly stated but can be inferred from the current liabilities of ¥14,477,206.91, which increased from ¥13,178,061.15[24] - Total liabilities as of September 30, 2014, were CNY 84,120,232.23, slightly up from CNY 83,719,544.54 at the beginning of the year[29] - The company's total equity decreased to CNY 671,494,379.46 from CNY 684,304,565.13 at the beginning of the year, reflecting a decline of 1.4%[29] Cash Flow - Net cash flow from operating activities increased by 116.27% to CNY 1,195,164.56 for the year-to-date period[7] - The company's cash flow from operating activities showed a net increase of 116.27%, reaching ¥1,195,164.56, due to increased collection of previous year's receivables[12] - The total cash inflow from operating activities for the first nine months of 2014 was CNY 26,025,830.02, down from CNY 34,010,143.29 in the same period last year, indicating a need for further improvement in cash generation[37] - Cash flow from operating activities for the first nine months of 2014 was CNY 1,290,118.31, a significant improvement compared to a net outflow of CNY 7,257,210.06 in the same period last year[41] - Cash and cash equivalents at the end of the period totaled CNY 74,985,377.62, compared to CNY 70,141,019.18 at the end of the same period last year, showing a 7.5% increase[43] - Cash flow from financing activities resulted in a net outflow of CNY 2,851,227.90, an improvement from a net outflow of CNY 5,131,612.90 in the previous year[43] Inventory and Receivables - Accounts receivable decreased by 35.83% to ¥16,810,245.54 compared to the end of 2013, due to increased collection of previous year's payments[11] - The company reported a 40.98% increase in inventory to ¥11,156,561.09, attributed to increased stock of purchased raw materials[11] - Inventory increased from ¥7,913,387.92 to ¥11,156,561.09, marking an increase of approximately 40.3%[23] Shareholder Information - The total number of shareholders reached 15,979 at the end of the reporting period[9] - The largest shareholder, Shenzhen Derong Investment Development Co., Ltd., holds 17.15% of the shares[9] Investment Activities - Non-operating income from the disposal of long-term equity investments amounted to CNY 6,958,438.77[10] - The company reported a total of CNY 6,248,013.24 in non-recurring gains and losses for the year-to-date period[10] - Investment cash outflow increased by 99.75% to ¥162,800,000.00, reflecting higher cash payments for purchasing wealth management products[12] - The company recognized a significant decrease of 94.60% in investment income, amounting to ¥234,972.03, due to reduced net profits from joint ventures[11] - The company reported a significant investment income of CNY 8,836,421.12 in Q3 2014, compared to a loss of CNY 3,676,563.06 in the same period last year[31] - The investment income for Q3 2014 was CNY 8,815,238.93, compared to a loss of CNY 3,676,563.06 in Q3 2013, highlighting a strong performance in investments[35]

Financial Performance - The company's total revenue for the first half of 2014 was 8,988,013.79 RMB, a decrease of 60% compared to the same period last year[15]. - The net profit attributable to shareholders was -12,455,978.97 RMB, representing a decline of 483.10% year-on-year[15]. - The basic earnings per share were -0.0528 RMB, down 482.61% from 0.0138 RMB in the previous year[15]. - The weighted average return on net assets was -1.8659%, a decrease of 2.3384 percentage points compared to the previous year[15]. - The company's operating revenue for the first half of 2014 was 8,988,013.79, a decrease of 60.00% compared to 22,472,721.64 in the same period of 2013[23]. - The net profit for the first half of 2014 was -12,455,978.97, representing a decline of 483.10% from 3,251,348.55 in the first half of 2013[23]. - Cement production in the first half of 2014 was 28,900 tons, a decrease of 57.62% year-on-year, while sales were 29,900 tons, down 58.70%[26]. - The gross margin for the cement segment was -3.47%, a decrease of 4.91 percentage points compared to the previous year[26]. - The company reported a significant decrease in investment income, impacting overall profitability[17]. - The company reported a total cash balance of RMB 95,645,413.11 as of June 30, 2014, an increase from RMB 77,723,931.62 at the beginning of the period[170]. Cash Flow and Investments - The operating cash flow net amount was 3,965,124.65 RMB, an increase of 333.55% year-on-year, mainly due to improved collection of receivables[15]. - Cash flow from operating activities improved to 3,965,124.65, a significant increase compared to -1,697,786.95 in the same period last year[24]. - The company received 5,483,277.07 in investment income, a decrease of 34.40% from the previous year[24]. - The company made equity investments totaling 12,578.67 million, primarily in Xinjiang Zhonghe Co., Ltd. with a 14.93% stake[28]. - The company reported a cash inflow of RMB 74,200,000.00 from investment recoveries, up from RMB 60,500,000.00 in the previous period[77]. - The total cash outflow for investment activities was RMB 60,697,897.00, a decrease from RMB 67,141,445.98 in the previous period[78]. Shareholder Information - The company distributed cash dividends of 0.02 yuan per share, totaling 4,721,760 yuan, based on a total share capital of 236,088,000 shares[36]. - The company reported a total share capital of 236,000,000 shares, with no changes in the share structure during the reporting period[45]. - The top three shareholders are Shenzhen Derong Investment Development Co., Ltd. (17.15%, 40,500,000 shares), Beijing Peking University Resources Technology Co., Ltd. (11.79%, 27,836,605 shares), and Yunnan Legend Investment Co., Ltd. (10.67%, 25,190,000 shares)[46]. - The company’s total number of shareholders at the end of the reporting period was 16,853[46]. - The company has engaged in a repurchase agreement involving 9,440,000 shares, representing 4% of the total share capital, with a buyback period of 365 days[45]. Assets and Liabilities - The company's total assets decreased by 2.08% to 722,158,520.28 RMB compared to the end of the previous year[15]. - The total liabilities increased to RMB 85,555,992.74 from RMB 83,719,544.54, representing a rise of 2.2%[63]. - The total equity attributable to the parent company decreased to RMB 667,564,365.34 from RMB 684,710,759.14, a decline of approximately 2.5%[59]. - The total equity at the end of the current period included a capital reserve of RMB 138,849,517.32 and an undistributed profit of RMB 238,775,244.71[82]. - The total accounts receivable at the end of the period amounted to ¥26,997,504.30, with a bad debt provision of ¥7,012,912.50, representing 25.98% of the total[172]. Operational Highlights - The main business revenue decline was attributed to reduced cement sales volume and prices[18]. - The total operating costs were 1,309,230.00 RMB, down 51.63% year-on-year, primarily due to decreased sales volume[18]. - The limestone mining project generated operating revenue of 664,730.66 yuan during the reporting period[39]. - The company purchased electricity from Yunnan Baoshan Electric Power Co., Ltd. for a total transaction amount of 838,689.20 yuan in the first half of 2014[38]. Compliance and Governance - The company has maintained compliance with corporate governance standards as per relevant laws and regulations[43]. - There were no penalties or corrective actions imposed on the company or its executives by the China Securities Regulatory Commission during the reporting period[42]. - The company has not dismissed or changed its accounting firm during the reporting period[42]. - The company has not experienced any changes in restricted shares during the reporting period[45]. Accounting Policies and Estimates - The company’s financial statements were prepared under the unaudited category, indicating potential for adjustments in future reports[87]. - No changes in accounting policies or estimates were reported during the reporting period[158][159]. - The company regularly reviews significant accounting judgments and estimates, including bad debt provisions and inventory impairment[160][161]. - The company recognizes employee compensation as a liability during the accounting period in which services are provided[57]. Inventory and Receivables - The total inventory at the end of the period is 11,042,587.31, with a provision for inventory depreciation of 3,242,299.74[184]. - The company has recovered a total of ¥1,254,259.37 from previously recognized bad debts during the reporting period[173]. - The aging analysis shows that 77.86% of other receivables are overdue for more than 3 years, amounting to 2,212,843.84[181]. - The total amount of other receivables at the end of the period is 2,842,106.17, with a bad debt provision of 2,185,182.74, resulting in a provision ratio of 76.89%[180].

Financial Performance - Revenue decreased by 50.66% to CNY 6,343,102.06 compared to the same period last year[9]. - Net profit attributable to shareholders was CNY -5,297,803.27, a decrease of 219.10% compared to the same period last year[9]. - Basic earnings per share decreased by 219.15% to CNY -0.0224 compared to the same period last year[9]. - Operating revenue decreased by 50.66% to ¥6,343,102.06 from ¥12,854,943.40, primarily due to a decline in cement sales volume and prices[13]. - Investment income dropped by 168.17% to -¥4,258,892.49 from ¥6,247,223.91, primarily due to decreased net profits from joint ventures[13]. - Net profit decreased by 219.10% to -¥5,297,803.27 from ¥4,448,299.10, mainly due to reduced sales profits and investment income[13]. - Basic and diluted earnings per share fell to -¥0.0224 from ¥0.0188, reflecting the significant decrease in net profit[13]. - Total operating revenue for the current period is ¥6,343,102.06, a decrease of 50.7% compared to ¥12,854,943.40 in the previous period[22]. - Net profit for the current period is -¥5,297,803.27, compared to a net profit of ¥4,448,299.10 in the previous period, indicating a significant decline[22]. - The company recorded an investment loss of -¥4,258,892.49, a significant drop from an investment income of ¥6,247,223.91 in the previous period[22]. Cash Flow - Operating cash flow increased by 165.18% to CNY 872,353.42 compared to the same period last year[9]. - Cash flow from operating activities increased by 165.18% to ¥872,353.42 from -¥1,338,374.68, mainly due to the recovery of previously overdue receivables[14]. - Cash inflow from operating activities totaled ¥10,174,345.93, down from ¥13,515,147.30 in the previous period[26]. - The net cash flow from operating activities was 914,484.85 RMB, a significant improvement compared to a loss of 1,305,784.36 RMB in the previous period[28]. - The cash inflow from operating activities was 10,173,409.92 RMB, a decrease of approximately 25.5% from 13,509,981.98 RMB in the previous period[28]. Assets and Liabilities - Total assets decreased by 0.66% to CNY 732,604,730.47 compared to the end of the previous year[9]. - Current assets totaled CNY 146,080,659.94, slightly up from CNY 145,746,306.83 at the start of the year[17]. - Total liabilities increased to CNY 53,173,275.93 from CNY 52,755,612.74, marking an increase of about 0.8%[18]. - Shareholders' equity decreased to CNY 679,431,454.54 from CNY 684,710,759.14, a decline of approximately 0.4%[18]. - Total liabilities amount to ¥84,137,207.73, slightly up from ¥83,719,544.54 in the previous period[20]. - Shareholders' equity stands at ¥679,067,391.96, down from ¥684,304,565.13 in the previous period[20]. Shareholder Information - The total number of shareholders was 17,652 at the end of the reporting period[11]. - The largest shareholder, Shenzhen Derong Investment Development Co., Ltd., holds 17.15% of the shares[11]. Government Support and Commitments - The company received government subsidies amounting to CNY 234,431.27 during the reporting period[9]. - The company has commitments regarding share trading restrictions, with specific timelines and conditions outlined for major shareholders[16]. Operational Efficiency - The company is focusing on maintaining liquidity and managing its receivables effectively to enhance operational efficiency[17]. - Cash received from other operating activities decreased by 39.31% to ¥1,444,161.50 from ¥2,379,381.94, primarily due to lower cement transportation fees paid[14]. - Cash paid for purchasing goods and accepting labor services decreased by 40.38% to ¥5,305,671.45 from ¥8,898,541.87, mainly due to reduced raw material purchases[14].

云南博闻科技实业股份有限公司 2013 年年度报告 云南博闻科技实业股份有限公司 600883 2013 年年度报告 1 云南博闻科技实业股份有限公司 2013 年年度报告 重要提示 一、 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 未出席董事情况 | 未出席董事职务 | 未出席董事姓名 | 未出席董事的原因 | 被委托人姓名 | | --- | --- | --- | --- | | | | 说明 | | | 独立董事 | 孙曜 | 出差 | 王建军 | 三、 瑞华会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人刘志波、主管会计工作负责人赵艳红及会计机构负责人（会计主管人 员）赵艳红声明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案：经瑞华会计师事务 所（特殊普通合伙）审计，2013 年度本公司（母公司）实现净利润 6,723,778.28 元，提取 法定盈余公积 672,377.83 元，加年初未分配 ...