大唐电信(600198) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter reached CNY 1,106,644,912.70, representing a 4.82% increase year-on-year[10] - Net profit attributable to shareholders was CNY -111,360,217.09, showing an improvement from CNY -119,586,571.95 in the same period last year[10] - The net profit for the current period was a loss of ¥110,742,191.25, compared to a loss of ¥117,756,549.36 in the previous period, indicating an improvement of approximately 6.5%[37] - The total comprehensive income attributable to the parent company was a loss of ¥111,360,217.08, compared to a loss of ¥119,586,651.17 in the previous period, indicating an improvement of approximately 6.5%[37] - The company anticipates that the operating performance in Q2 2014 will be better than in Q1 and will achieve profitability, although the cumulative net profit from the beginning of the year to the next reporting period is expected to show a loss[24] Assets and Liabilities - Total assets increased by 2.40% to CNY 11,416,592,785.08 compared to the end of the previous year[10] - Total current assets increased to ¥8,240,671,382.70 from ¥8,180,554,698.88, representing a growth of approximately 0.73%[28] - Total non-current assets rose to ¥3,175,921,402.38 from ¥2,968,895,281.17, an increase of about 7%[29] - Total liabilities increased to ¥9,025,478,341.98 from ¥8,640,572,293.08, marking a rise of approximately 4.46%[30] - Current liabilities totaled ¥8,163,137,260.02, up from ¥7,899,543,281.67, indicating an increase of about 3.34%[30] Shareholder Information - The number of shareholders totaled 40,991 as of the report date[12] - The largest shareholder, the Telecom Science and Technology Research Institute, holds 29.61% of the shares[12] Cash Flow - The company's cash flow from operating activities was CNY -469,591,190.16, compared to CNY -434,275,818.34 in the previous year[10] - Cash flow from operating activities generated a net outflow of ¥469,591,190.16, worsening from a net outflow of ¥434,275,818.34 in the previous period[43] - Net cash flow from operating activities was -$306.39 million, worsening from -$40.81 million in the previous period[47] - Cash flow from financing activities generated $262.76 million, compared to a negative cash flow of -$101.85 million in the previous period[49] Earnings Per Share - The company reported a basic and diluted earnings per share of CNY -0.1501, an improvement from CNY -0.1612 in the previous year[10] - Basic and diluted earnings per share improved to -0.1501 from -0.1612, showing a reduction in loss per share[37] Financial Expenses - Financial expenses for the reporting period increased by CNY 22,296,048.56, a rise of 41.22%, attributed to increased borrowing scale and rising loan interest rates[18] - The company incurred financial expenses of ¥30,075,918.61, up from ¥23,221,340.33, reflecting an increase of about 29.3%[39] Investment Activities - The net cash flow from investment activities improved by CNY 98,254,831.86 compared to the same period last year, mainly due to reduced cash payments for fixed asset and intangible asset acquisitions[21] - Investment cash inflow totaled $233.40 million, with no previous period comparison available[48] - Cash outflow for investments was $238.72 million, significantly higher than $12.29 million in the previous period[48] Dividends and Retained Earnings - The ending balance of dividends payable increased by CNY 7,021,052.63, representing a growth of 32.85%, primarily due to dividends from subsidiaries[17] - The company reported a negative retained earnings of ¥916,536,931.04, worsening from ¥-805,176,713.95 at the beginning of the year[30]