彩虹股份(600707) - 2014 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was CNY -42,996,880.98, showing a slight increase in loss compared to CNY -41,358,163.74 from the previous year[9] - Operating revenue decreased by 38.16% year-on-year to CNY 28,396,397.44[15] - Cash flow from operating activities was CNY -52,974,861.60, a decrease of 50.64% compared to CNY -35,166,958.35 from the previous year[18] - The company’s weighted average return on equity slightly decreased by 0.01 percentage points to -2.13%[9] - The company’s basic and diluted earnings per share were both CNY -0.058, remaining unchanged from the previous year[9] - Net loss for Q1 2014 was CNY 54,237,834.31, compared to a net loss of CNY 47,614,463.38 in Q1 2013, indicating a worsening of 13.8%[32] - Basic and diluted earnings per share for Q1 2014 were both -0.058, compared to -0.056 in the same period last year[32] - The company reported a basic and diluted earnings per share of -0.001 in Q1 2014, an improvement from -0.031 in Q1 2013[36] Assets and Liabilities - Total assets decreased by 3.65% from the end of the previous year to CNY 7,079,642,918.81[9] - Cash and cash equivalents decreased by 47.48% to CNY 336,852,678.56 compared to CNY 641,369,477.83 at the beginning of the year[18] - Accounts receivable decreased from ¥125,851,874.69 to ¥106,307,850.09, a reduction of about 15.6%[25] - Inventory increased from ¥126,675,180.52 to ¥133,870,698.80, reflecting an increase of approximately 5.5%[25] - Total liabilities decreased to CNY 2,383,034,338.36 from CNY 2,421,958,171.19, a reduction of 1.6%[30] - Current liabilities totaled CNY 1,964,304,874.82, down from CNY 2,005,654,747.65, reflecting a decrease of 2.1%[30] - The company's equity attributable to shareholders was CNY 3,997,583,381.71, slightly down from CNY 3,998,000,386.17[30] - The company's total assets as of March 31, 2014, were CNY 6,380,617,720.07, slightly down from CNY 6,419,958,557.36 at the beginning of the year[30] Cash Flow - Cash and cash equivalents decreased from ¥641,369,477.83 at the beginning of the year to ¥336,852,678.56 by the end of the reporting period, representing a decline of approximately 47.5%[25] - Cash flow from operating activities showed a net outflow of CNY 52,974,861.60, worsening from a net outflow of CNY 35,166,958.35 in the previous year[39] - Cash and cash equivalents at the end of Q1 2014 were CNY 336,852,678.56, down from CNY 701,189,083.76 at the end of Q1 2013[39] - Total cash outflow from investing activities was CNY 47,791,668.64, compared to CNY 154,473,322.70 in the same period last year[39] - Cash flow from financing activities resulted in a net outflow of CNY 203,751,802.41, compared to a net inflow of CNY 41,024,322.22 in Q1 2013[39] Shareholder Information - The number of shareholders reached 34,212, with the top ten shareholders holding a total of 21.72% and 12.06% of shares respectively[11] Government Support and Commitments - The company reported a significant increase in government subsidies recognized in operating income, contributing to a 41.22% rise in non-operating income[17] - The company has committed to providing sufficient financial support to ensure that it can meet its debt obligations over the next twelve months[21] - The company will allocate any received government funds related to the LCD substrate glass project to support its project construction promptly[21] - The company has maintained its commitment to ensuring independent operations and protecting the interests of minority shareholders[20] - The company has a long-term commitment to avoid or minimize related party transactions[20] Other Financial Metrics - The company’s non-current assets totaled ¥6,476,499,386.83, showing a slight increase from ¥6,429,417,054.94 at the beginning of the year[25] - Total operating revenue for Q1 2014 was CNY 28,396,397.44, a decrease of 38.0% compared to CNY 45,917,832.86 in the same period last year[32] - Total operating costs for Q1 2014 were CNY 85,450,942.33, down from CNY 97,788,077.12, reflecting a reduction of 12.4%[32] - The company reported a significant increase in other receivables, which rose to CNY 1,036,140,158.79 from CNY 788,577,462.85, an increase of 31.4%[29] - Investment income increased to CNY 17,136,500.01 in Q1 2014, compared to CNY 2,242,082.20 in Q1 2013, marking a growth of 664.36%[36] - Operating expenses decreased significantly, with management expenses dropping from CNY 14,328,788.38 in Q1 2013 to CNY 9,401,178.38 in Q1 2014, a reduction of 34.06%[36]