中船科技(600072) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was CNY 119,344,238.87, a decline of 9.75% year-on-year[11] - Net profit attributable to shareholders of the listed company was a loss of CNY 24,427,679.11, compared to a loss of CNY 26,689,047.51 in the same period last year[11] - Operating revenue for the current period is 119,344,238.87, compared to 132,238,129.80 in the previous period, representing a decrease of approximately 9.3%[27] - Total operating costs decreased from 159,076,464.97 to 144,995,883.07, a reduction of about 8.8%[27] - Net profit for the current period is -25,878,740.43, an improvement from -29,076,428.56 in the previous period, indicating a reduction in losses of approximately 11.5%[27] - Basic and diluted earnings per share improved slightly from -0.056 to -0.051[28] Cash Flow - Cash flow from operating activities was a negative CNY 44,460,067.82, compared to a negative CNY 34,961,713.65 in the previous year[11] - Cash flow from operating activities showed a net outflow of -44,460,067.82, worsening from -34,961,713.65 in the previous period[32] - Investment activities resulted in a net cash outflow of -16,921,114.65, compared to -8,519,199.54 in the previous period, indicating increased investment expenditures[33] - Financing activities generated a net cash inflow of 15,913,150.00, a recovery from a net outflow of -3,770,000.00 in the previous period[33] - Operating cash inflow decreased to ¥205,988,157.66 from ¥270,749,079.22, a decline of approximately 24%[35] - Operating cash outflow increased to ¥236,168,281.81 from ¥298,331,940.14, resulting in a net cash flow from operating activities of -¥30,180,124.15, compared to -¥27,582,860.92 in the previous period[35] - Investment cash inflow was ¥3,674,208.40, up from ¥176,740.96, while investment cash outflow rose to ¥8,505,158.05 from ¥4,554,146.50, leading to a net cash flow from investing activities of -¥4,830,949.65, compared to -¥4,377,405.54 previously[37] - Financing cash outflow remained stable at -¥1,355,000.00, consistent with the previous period[38] - The net increase in cash and cash equivalents was -¥36,459,056.29, compared to -¥33,293,534.93 in the prior period[38] - The ending balance of cash and cash equivalents decreased to ¥144,345,384.21 from ¥225,544,208.85[38] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,143,845,787.30, a decrease of 0.15% compared to the end of the previous year[11] - Current assets totaled CNY 1,133,921,967.69 at the end of March 2014, slightly down from CNY 1,145,510,173.86 at the beginning of the year[19] - Inventory increased to CNY 544,669,238.14, up from CNY 476,537,654.09, indicating a rise of 14.3%[19] - Total liabilities amounted to CNY 967,986,497.36, compared to CNY 944,508,090.50 at the beginning of the year, showing an increase of 2.3%[20] - The company's total assets were CNY 2,143,845,787.30, a slight decrease from CNY 2,146,986,640.87 at the start of the year[20] - Non-current assets totaled CNY 1,009,923,819.61, up from CNY 1,001,476,467.01, indicating a growth of 0.4%[19] - The company's equity decreased to CNY 1,175,859,289.94 from CNY 1,202,478,550.37, a decline of 2.2%[20] - The cash and cash equivalents decreased to CNY 194,930,959.60 from CNY 219,781,934.15, a drop of 11.3%[19] - The company reported a decrease in accounts receivable to CNY 315,130,987.12 from CNY 412,863,916.62, a decline of 23.6%[19] Shareholder Information - The number of shareholders at the end of the reporting period was 88,608[13] Expenses - Significant increase in prepayments by 188.32% to CNY 60,664,538.43 due to higher material payments[16] - Short-term borrowings increased by 300% to CNY 240,000,000.00, reflecting increased financing needs[16] - The company reported a 136.84% increase in cash paid for acquiring fixed assets, intangible assets, and other long-term assets, totaling CNY 20,595,323.05[16] - The company reported a significant increase in sales expenses from 1,016,904.34 to 1,550,906.07, an increase of approximately 52.4%[27] - The company experienced an asset impairment loss of 9,066,014.17, compared to a gain of 3,587,607.29 in the previous period, indicating a significant negative shift in asset valuation[27]