卧龙电驱(600580) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue increased by 17.28% to CNY 1,531,999,054.34 year-on-year[11] - Net profit attributable to shareholders decreased by 16.49% to CNY 64,078,252.38 compared to the same period last year[11] - The net profit after deducting non-recurring gains and losses surged by 435.77% to CNY 60,344,109.20[11] - Basic and diluted earnings per share fell by 16.50% to CNY 0.0577[11] - Operating profit for Q1 2014 was 62,320,800.45, an increase of 42.25% compared to 43,811,319.63 in Q1 2013[18] - The total operating revenue for Q1 2014 was CNY 1,531,999,054.34, an increase of 17.3% compared to CNY 1,306,252,484.47 in the same period last year[36] - The total operating costs for Q1 2014 were CNY 1,469,949,698.55, up from CNY 1,264,595,482.60, reflecting a growth of 16.3%[36] - The net profit for Q1 2014 was CNY 67,320,338.76, a decrease of 21.5% from CNY 85,812,563.90 in Q1 2013[37] - The profit attributable to the parent company's shareholders was CNY 64,078,252.38, down from CNY 76,728,799.05, representing a decline of 16.5%[37] - The comprehensive income total for Q1 2014 was CNY 73,539,989.92, significantly higher than CNY 34,569,604.44 in Q1 2013[37] Asset and Liability Changes - Total assets decreased by 4.53% to CNY 8,485,992,166.96 compared to the end of the previous year[11] - The company's current assets totaled CNY 4,517,254,939.76, down from CNY 4,856,513,741.43 at the beginning of the year, indicating a decline of approximately 6.98%[27] - The total liabilities decreased to CNY 4,511,153,163.59 from CNY 5,007,088,982.62, reflecting a reduction of about 9.9%[29] - The total liabilities decreased to CNY 1,407,688,511.85 from CNY 1,785,373,834.39, indicating a reduction of 21.1%[34] - The company's equity attributable to shareholders rose to CNY 3,652,577,146.56 from CNY 3,582,130,244.30, an increase of approximately 1.95%[29] - The total assets as of the end of Q1 2014 were CNY 4,471,919,855.46, compared to CNY 4,826,853,577.02 at the end of the previous year[34] Cash Flow and Investments - Cash received from tax refunds increased by 69.22% to 25,337,619.04 from 14,972,837.66 in Q1 2013[19] - Cash received from other operating activities rose by 70.18% to 49,322,801.73 from 28,982,077.58 in the same period last year[19] - Cash received from investment activities surged by 23138.88% to 105,184,401.54 from 452,622.57 in Q1 2013[20] - The company reported a 100% decrease in cash paid for investments, dropping to 0 from 151,060,000.00 in Q1 2013[20] - Cash inflow from operating activities increased to ¥1,482,114,460.39, up from ¥1,358,607,116.28, representing a growth of approximately 9.1% year-over-year[43] - Net cash flow from operating activities was negative at -¥58,639,016.39, compared to -¥50,345,279.64 in the previous period[43] - Cash inflow from investment activities was ¥105,410,765.13, a significant increase from ¥77,391,469.35, marking a growth of approximately 36.3%[44] - Net cash flow from investment activities improved to ¥29,149,687.58, compared to -¥150,664,798.79 in the previous period[44] - Cash inflow from financing activities totaled ¥514,831,134.38, down from ¥920,813,526.24, a decrease of approximately 44%[44] - Net cash flow from financing activities was -¥408,893,060.65, compared to a positive net flow of ¥140,807,750.86 in the previous period[44] - The ending balance of cash and cash equivalents decreased to ¥997,127,416.94 from ¥1,107,527,821.28, a decline of approximately 9.9%[44] Shareholder Information - The total number of shareholders reached 46,914 at the end of the reporting period[14] - The largest shareholder, Zhejiang Wolong Shunyu Investment Co., Ltd., holds 38.07% of the shares[14] Other Financial Indicators - Significant changes in financial indicators include a 99.41% increase in other receivables due to increased transactions[17] - Other non-current assets decreased by 82.29% primarily due to the recovery of investment funds[17] - Other income decreased by 87.20% to 7,252,540.72 from 56,665,201.68 in the same period last year[18] - The company's deferred income tax expenses decreased significantly by 85.59% to 1,983,281.22 from 13,763,923.37 in the same period last year[18] - Minority interests in net profit decreased by 64.31% to 3,242,086.38 from 9,083,764.85 in Q1 2013[18] - The inventory balance was CNY 1,094,581,663.01, slightly down from CNY 1,099,723,925.56, indicating a decrease of about 0.3%[27] - The non-current assets totaled CNY 3,968,737,227.20, down from CNY 4,032,274,254.64, representing a decline of approximately 1.58%[28] - Short-term borrowings increased to CNY 1,669,184,569.62 from CNY 1,561,768,476.10, an increase of about 6.9%[28] - The company reported a net profit forecast warning, indicating potential losses or significant changes compared to the previous year[23]