宏达股份(600331) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 15.69% to CNY 614,031,521.45 year-on-year[10] - Net profit attributable to shareholders decreased by 2,444.35% to CNY -36,601,501.63 compared to the same period last year[10] - The company reported a net loss excluding non-recurring gains and losses of CNY -48,899,483.54[10] - Net profit for the period was a loss of RMB 47.42 million, compared to a profit of RMB 13.80 million in the previous period, marking a significant decline[22] - Operating profit turned negative at RMB -60.35 million, compared to a positive RMB 14.67 million in the same period last year[22] - Operating revenue for the current period is RMB 461.13 million, a decrease of 1.16% from RMB 467.67 million in the previous period[30] - Net profit for the current period is a loss of RMB 14.84 million, an improvement from a loss of RMB 35.32 million in the previous period, reflecting a 58.0% reduction in losses[30] Cash Flow - Cash flow from operating activities was CNY 89,237,138.44, a significant improvement from CNY -47,718,575.58 in the previous year[10] - Cash flow from operating activities showed a net inflow of RMB 89.24 million, a recovery from a net outflow of RMB -47.72 million in the previous year[24] - Cash flow from operating activities increased to RMB 165.46 million, compared to a negative cash flow of RMB 26.45 million in the previous period[33] - The company’s financing activities resulted in a net cash outflow of RMB 154.95 million, an improvement from a net outflow of RMB 403.19 million in the previous period[33] Assets and Liabilities - Total assets increased by 1.34% to CNY 7,982,152,325.00 compared to the end of the previous year[10] - The total liabilities increased to CNY 6,542,978,017.58 from CNY 6,387,521,668.75, reflecting a rise in short-term borrowings[20] - The company's cash and cash equivalents decreased to CNY 574,369,123.17 from CNY 665,063,784.97[18] - Total assets decreased to RMB 4.88 billion from RMB 5.00 billion, reflecting a decline of approximately 2.5%[28] - Total liabilities decreased to RMB 3.84 billion from RMB 3.95 billion, a reduction of about 2.8%[28] - The company's total equity decreased to RMB 1.03 billion from RMB 1.05 billion, a decline of approximately 1.4%[28] Shareholder Information - The total number of shareholders reached 111,770 at the end of the reporting period[14] - Sichuan Hongda Industrial Co., Ltd. held 26.395% of the shares, with 272,400,000 shares pledged[14] Operational Metrics - Accounts receivable decreased by 31.69% to CNY 20,629,164.76 from CNY 30,201,355.31, attributed to increased collection efforts[15] - Long-term equity investments increased by 55.12% to CNY 383,310,305.65 from CNY 247,100,000.00, primarily due to additional investments in Sichuan Trust[15] - The company reported an asset impairment loss of CNY 6,727,316.76, a significant increase of 141.84% from CNY 2,781,690.57, mainly due to increased inventory impairment provisions[15] - The company incurred asset impairment losses of RMB 7.04 million, significantly higher than RMB 2.78 million in the previous period, indicating increased financial strain[30] Future Outlook - The company plans to focus on reducing operational costs and improving cash flow management in the upcoming quarters[30]