Financial Performance - Revenue for Q1 2014 was CNY 146,896,172.33, a 1.27% increase compared to CNY 145,058,420.82 in the same period last year[9] - Net profit attributable to shareholders increased by 25.23% to CNY 11,707,581.06 from CNY 9,348,655.63 year-on-year[9] - Net profit after deducting non-recurring gains and losses rose by 32.42% to CNY 11,310,168.51 compared to CNY 8,540,962.84 in the previous year[9] - Basic earnings per share increased by 28.57% to CNY 0.09 from CNY 0.07 year-on-year[9] - Net profit for the period increased by 42.22% due to higher sales revenue and the dissolution of a subsidiary not consolidated in the financial statements[17] - The company expects a net profit attributable to shareholders for the first half of 2014 to increase by 0% to 30%, with an estimated range of 23.44 million to 30.48 million yuan[25] - The increase in profit is attributed to a rise in sales volume compared to the same period last year and the dissolution of a subsidiary, which will reduce losses impacting the company's profit[25] Cash Flow and Operating Activities - Operating cash flow decreased by 51.93% to CNY 9,396,793.77 from CNY 19,548,855.11 in the same period last year[9] - The net cash flow from operating activities decreased to $9,396,793.77 from $19,086,993.77, representing a decline of approximately 50.8% year-over-year[52] - Total cash inflow from operating activities was $146,363,914.64, down from $151,024,226.64, indicating a decrease of about 3.5%[52] - Cash inflow from operating activities was primarily driven by sales revenue of $144,124,447.35, down from $148,669,848.69, a decrease of approximately 3.5%[51] - The company reported a total cash outflow of $136,967,120.87 for operating activities, up from $131,937,232.87, an increase of about 3.1%[52] Assets and Liabilities - Total assets at the end of the reporting period were CNY 965,213,524.61, a 5.78% increase from CNY 912,460,399.59 at the end of the previous year[9] - Current assets rose to CNY 714,510,592.20, up from CNY 656,615,554.51, indicating an increase of about 8.8%[34] - Accounts receivable increased to CNY 132,143,849.20 from CNY 104,739,425.83, reflecting a growth of approximately 26.2%[34] - Inventory grew to CNY 77,623,424.03, compared to CNY 74,233,196.34, marking an increase of about 4.8%[34] - Current liabilities totaled CNY 219,046,852.46, up from CNY 177,602,808.50, which is an increase of approximately 23.3%[36] - Total liabilities increased to CNY 222,218,019.13 from CNY 181,172,475.17, representing a growth of about 22.7%[36] - Shareholders' equity rose to CNY 742,995,505.48 from CNY 731,287,924.42, indicating an increase of approximately 1.0%[36] Court and Legal Matters - The company received a first-instance judgment from the Meishan Intermediate People's Court regarding a contract dispute on January 14, 2014, and disclosed the announcement on January 15, 2014[19] - The company filed an appeal to the Sichuan High People's Court on January 26, 2014, against the judgment and received the acceptance notice on March 24, 2014[21] Major Asset Restructuring - The company announced a suspension of trading due to planning a major asset restructuring starting from March 24, 2014, and disclosed the suspension announcement on March 25, 2014[20] - The board of directors approved the proposal for major asset restructuring on March 27, 2014, and authorized a project team to handle related matters[20] Other Financial Metrics - Total operating costs decreased to $135,293,616.43 from $136,588,199.98, reflecting a reduction of about 0.95%[39] - Operating profit increased to $11,602,555.90 from $8,470,220.84, marking a significant rise of approximately 37.5%[39] - The company reported a total profit of $12,070,100.08, compared to $9,420,447.65 in the previous period, an increase of approximately 28.0%[41] - Management expenses rose to $12,312,644.76 from $11,842,365.74, reflecting an increase of about 3.95%[39] - Sales expenses decreased to $3,272,032.59 from $4,034,029.23, a reduction of approximately 18.9%[39] Cash and Equivalents - The cash balance increased to CNY 295,430,767.04 from CNY 292,614,659.69, showing a slight growth of about 1.1%[34] - Cash and cash equivalents at the end of the period totaled $252,005,891.26, slightly up from $251,522,254.53[49] - The ending cash and cash equivalents balance was $252,005,891.26, slightly down from $251,107,105.02, a decrease of about 0.4%[54] Audit Status - The company did not conduct an audit for the first quarter report[54]

四川丹甫制冷压缩机股份有限公司 2014 年第一季度报告正文 证券代码：002366 证券简称：丹甫股份 公告编号：2014-028 四川丹甫制冷压缩机股份有限公司 2014 年第一季度报告正文 1 四川丹甫制冷压缩机股份有限公司 2014 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 左仁淑 | 独立董事 | 因在外出差无法出席 | 黄旭 | 公司负责人罗志中、主管会计工作负责人张冬容及会计机构负责人(会计主 管人员)郑魁声明：保证季度报告中财务报表的真实、准确、完整。 2 四川丹甫制冷压缩机股份有限公司 2014 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数 ...

Financial Performance - The company's operating revenue for 2013 was CNY 616,291,416.45, representing a 2.11% increase compared to CNY 603,557,117.48 in 2012[24] - The net profit attributable to shareholders for 2013 was CNY 29,148,406.60, a decrease of 9.44% from CNY 32,185,585.89 in 2012[24] - The total profit amounted to CNY 24,672,782.19, a decrease of 4.32% year-on-year, while the net profit attributable to shareholders was CNY 29,148,406.60, down 9.44%[32] - The basic earnings per share for 2013 was CNY 0.2183, a decrease of 9.46% from CNY 0.2411 in 2012[24] - The weighted average return on equity for 2013 was 4.01%, down from 4.31% in 2012[24] - The total revenue for the year 2013 was 37,600,825, with a net profit of 1,250,494, representing a significant increase compared to the previous year[119] - The company reported a significant increase in long-term equity investments to CNY 67,153,000.00 from CNY 36,061,239.41, marking an increase of approximately 86.3%[189] - The total profit for the current period is CNY 29,175,009.63, down from CNY 37,080,445.30 in the previous period, representing a decrease of approximately 21.5%[196] Cash Flow and Assets - The net cash flow from operating activities increased significantly by 129.55% to CNY 115,037,679.04 from CNY 50,113,557.22 in 2012[24] - The company’s cash flow from operating activities increased by 129.55% to CNY 115,037,679.04, driven by higher sales revenue[32] - The total amount of cash and cash equivalents increased by ¥13,184,343.98, compared to a decrease of ¥11,422,737.79 in the previous year[51] - Current assets totaled CNY 656,615,554.51, down from CNY 748,416,747.68, indicating a decrease of approximately 12.3%[181] - Inventory decreased significantly to CNY 74,233,196.34 from CNY 133,914,277.86, reflecting a reduction of about 44.5%[181] - Total assets amounted to CNY 912,460,399.59, a slight decrease from CNY 974,239,012.04, indicating a decline of about 6.3%[183] - The company maintained a stable cash position with cash and cash equivalents at CNY 292,614,659.69, slightly up from CNY 285,482,185.71[181] Investment and Development - The company invested CNY 30 million to establish Sichuan Fusheng Electric Co., Ltd. in collaboration with Hangzhou Fusheng Electric Co., Ltd.[36] - The company has obtained a total of 29 patents and inventions, enhancing its competitive edge in the precision manufacturing technology of refrigeration compressors[58] - The company invested CNY 100 million in a joint venture, Sichuan Jingfeng Machinery Co., Ltd., holding a 51% stake, focusing on energy-efficient compressor components and molds[72] - The company has invested CNY 19.56 million in the clean energy compressor production line renovation project, achieving 65.63% of the planned investment[78] - The company has completed the investment of CNY 49.92 million in the equity investment project of Jun Da Optoelectronics, achieving 100% of the planned investment[78] Market and Sales - The company’s sales volume of compressors reached 4,668,512 units, representing a year-on-year increase of 10.46%[37] - The company’s foreign trade sales revenue grew by 47.28% compared to the previous year, reflecting increased international market development efforts[36] - The company aims to enhance foreign trade marketing and expand compressor export channels as part of its growth strategy[79] - There are plans for market expansion, particularly in the domestic sector, to capture a larger share of the cooling compressor market[119] Risk Management and Strategy - The company plans to control inventory and seek better suppliers to mitigate risks from raw material price fluctuations, which account for about 60% of product costs[12] - The company is facing risks from price wars in the compressor market and plans to implement a differentiated strategy and adjust product structure accordingly[13] - The company terminated the operations of its subsidiary Sichuan Jingfeng Machinery Co., Ltd., which helped reduce losses impacting the listed company[31] - The company plans to utilize the remaining raised funds for mature projects after careful discussion[65] Shareholder and Governance - The profit distribution plan for 2013 includes a cash dividend of CNY 2.50 per 10 shares, with no bonus shares issued[5] - The company has a cash dividend policy that mandates a minimum of 40% of profit distribution in cash dividends during its mature development stage[87] - The company has maintained a strong focus on shareholder rights protection and has implemented various communication channels for investor engagement[90] - The total number of shareholders at the end of the reporting period was 18,069, an increase from 16,800 prior to the annual report disclosure[111] Compliance and Internal Control - The company strictly adheres to the requirements of the Company Law and Securities Law, establishing a comprehensive governance structure including the shareholders' meeting, board of directors, and supervisory board[148] - No administrative regulatory measures were taken against the company by regulatory authorities during the reporting period, indicating compliance with governance norms[149] - The internal control self-assessment report indicates no significant deficiencies were found during the reporting period[170] - The audit opinion states that the financial statements fairly present the company's financial position and results of operations for the year ended December 31, 2013[177]