新赛股份(600540) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter rose by 5.20% to CNY 179,631,382.48 compared to the same period last year[9] - Net profit attributable to shareholders decreased by 61.93% to CNY 2,912,408.25 compared to the same period last year[9] - Net profit attributable to the parent company was ¥1,050,952.92, a significant improvement from a loss in the previous period[16] - Net profit for the current period was ¥1,836,626.50, a decrease of 77.6% compared to ¥8,122,620.90 in the previous period[28] - The company reported a basic and diluted earnings per share of -0.04, compared to -0.01 in the previous period[28] Cash Flow - Cash flow from operating activities improved by 69.46%, reaching a net outflow of CNY 27,500,378.46 compared to a net outflow of CNY 90,034,603.54 in the previous year[9] - Net cash flow from operating activities decreased by 69.46% year-on-year, primarily due to increased cash payments for goods and services[16] - Cash generated from operating activities was ¥238,218,037.00, an increase from ¥209,649,768.20 in the previous period[32] - Operating cash inflow totaled ¥258,753,569.83, while outflow was ¥286,253,948.29, resulting in a net cash flow from operating activities of -¥27,500,378.46[33] - Total cash inflow from operating activities was ¥86,890,449.33, compared to ¥618,477,533.81 in the previous period, indicating a significant decrease[36] - The net cash flow from operating activities for the current period was -¥44,612,801.94, compared to -¥100,297,251.42 in the previous period, showing an improvement[36] Assets and Liabilities - Total assets increased by 26.39% to CNY 2,493,271,621.46 compared to the end of the previous year[9] - Total assets as of March 31, 2014, were ¥2,493,271,621.46, down from ¥2,657,018,154.40 at the beginning of the year[20] - Total liabilities decreased from ¥1,794,032,177.25 to ¥1,625,908,895.29 during the same period[22] - Total liabilities decreased to ¥1,235,200,984.55 from ¥1,313,433,766.48, a reduction of 5.9%[25] - The company's equity increased slightly to ¥741,379,559.90 from ¥734,260,867.79, an increase of 1.5%[25] Shareholder Information - The number of shareholders totaled 37,503 at the end of the reporting period[10] - The largest shareholder, Xinjiang Aibi Lake Agricultural Industrial Corporation, holds 49.49% of the shares[10] Expenses - Operating tax and additional fees decreased by 95.19% year-on-year, mainly due to a reduction in VAT payable[16] - Sales expenses increased by 57.99% compared to the same period last year, primarily due to increased transportation costs for cotton yarn sales[16] - The company reported a significant increase in sales expenses to ¥6,128,305.37, up from ¥3,878,918.04 in the previous period[28] Investment Activities - Net cash flow from investing activities increased by 26.83% year-on-year, mainly due to reduced capital expenditures on completed projects[16] - The company acquired 51% of the equity of Bole City Zhengda Calcium Industry Co., Ltd. for ¥7.66 million, with goodwill of ¥5,016,199.00 recognized[18] - Investment income for the current period was ¥629,478.98, compared to ¥10,582.69 in the previous period, indicating a substantial increase[28] - Investment activities generated a net cash flow of -¥22,169,977.58, with cash inflow of ¥53,287.50 and outflow of ¥22,223,265.08[34] Financing Activities - Net cash flow from financing activities decreased by 57.89% year-on-year, primarily due to a reduction in repayments of bank loans[17] - Cash outflow for financing activities included ¥129,300,000.00 for debt repayment, a decrease from ¥279,000,000.00 in the previous period[34] - Financing activities resulted in a net cash flow of -¥70,656,430.94, with cash inflow of ¥76,000,000.00 and outflow of ¥146,656,430.94[34]