国机通用(600444) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 61,813,154.34, a decline of 4.01% year-on-year[7] - Net profit attributable to shareholders was CNY -4,080,731.23, improving from CNY -14,421,366.34 in the same period last year[7] - Basic earnings per share were CNY -0.04, compared to CNY -0.14 in the previous year[8] - Total revenue for Q1 2015 was CNY 61,813,154.34, a decrease of 4.5% compared to CNY 64,392,922.61 in the same period last year[30] - The net loss for Q1 2015 was CNY 4,529,039.34, compared to a net loss of CNY 15,391,543.35 in Q1 2014, indicating an improvement of 70.7%[30] - The net loss for the current period is ¥4,125,715.10, an improvement from a net loss of ¥14,474,012.71 in the previous period, indicating a reduction in losses by about 71.5%[34] - The total comprehensive loss for the current period is ¥4,125,715.10, compared to a total comprehensive loss of ¥14,474,012.71 in the previous period[34] Cash Flow and Liquidity - Net cash flow from operating activities was CNY -6,431,007.31, worsening from CNY -1,553,665.53 year-on-year[7] - Cash and cash equivalents decreased by 36.89% compared to the beginning of the period, primarily due to repayment of accounts payable[12] - Cash received from other operating activities increased by 1393.96% year-on-year, mainly due to an increase in the amount of deposits received[12] - Cash paid for debt repayment decreased by 66.67% year-on-year, primarily due to higher loan repayments in the previous year[12] - The company reported cash and cash equivalents at the end of the period amounting to ¥14,749,260.23, a decrease from ¥23,819,486.21 at the beginning of the period[38] - The cash outflow from financing activities was ¥12,446,805.67, a decrease from ¥43,290,777.78 in the previous period, indicating improved cash management[38] - The net increase in cash and cash equivalents was -$5,129,978.89, compared to -$19,706,197.13 previously[41] Assets and Liabilities - Total assets decreased by 4.64% to CNY 440,665,889.55 compared to the end of the previous year[7] - The company's current assets totaled CNY 235,856,248.85, down from CNY 250,825,767.10 at the beginning of the year, indicating a decline of approximately 5.5%[20] - The total liabilities decreased from CNY 512,231,831.52 to CNY 495,314,790.37, reflecting a reduction of about 3.3%[22] - The company's total equity decreased to CNY 18,572,801.65 from CNY 22,694,185.34, a decline of 18.1%[25] - The company's equity attributable to shareholders showed a negative balance of CNY -27,629,989.29, worsening from CNY -23,632,641.33 at the beginning of the year[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 6,039[11] - The largest shareholder, Hefei General Machinery Research Institute, held 12,485,280 shares, accounting for 11.89% of total shares[11] - The second-largest shareholder, Anhui Guofeng Group Co., Ltd., held 11,997,360 shares, representing 11.43% of total shares[11] Operational Metrics - Total operating costs decreased to CNY 66,240,808.48 from CNY 80,447,888.72, representing a reduction of 17.6%[30] - The gross profit margin for Q1 2015 was negative, with an operating profit of CNY -4,427,654.14 compared to CNY -16,054,966.11 in Q1 2014[30] - The company has not disclosed any new product developments or market expansion strategies in this report[6] Financial Expenses and Impairments - Financial expenses increased by 40.61% year-on-year, mainly due to interest accrued on loans from Hefei State-owned Assets Holding Company[12] - Asset impairment losses decreased by 113.91% year-on-year, mainly due to a reduction in receivables from Guangdong Guotong[12] - Other operating income decreased by 35.25% year-on-year, primarily due to a reduction in subsidy income[12]