苏美达(600710) - 2014 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders was a loss of CNY 39,131,780.13, an improvement from a loss of CNY 43,074,271.87 in the same period last year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 52,607,624.74, compared to a loss of CNY 43,864,434.07 in the same period last year[9] - The net loss for Q1 2014 was CNY 39,654,398.72, compared to a net loss of CNY 43,588,796.81 in Q1 2013, representing an improvement of 9.5%[25] - The company reported a basic and diluted earnings per share of -0.06 for Q1 2014, compared to -0.07 in Q1 2013[25] Revenue and Costs - Operating revenue decreased by 6.45% to CNY 274,156,099.87 compared to CNY 293,054,021.09 in the previous year[9] - Total operating revenue for Q1 2014 was CNY 274,156,099.87, a decrease of 6.4% compared to CNY 293,054,021.09 in the same period last year[25] - Total operating costs for Q1 2014 were CNY 321,644,021.91, down 3.8% from CNY 334,545,570.65 year-on-year[25] Assets and Liabilities - Total assets increased by 0.47% to CNY 2,815,019,528.09 compared to the end of the previous year[9] - The company's current assets totaled CNY 1,472,098,063.13, slightly up from CNY 1,456,046,217.64 at the start of the year[17] - The company's total liabilities rose to CNY 977,008,309.08 from CNY 924,828,577.67, reflecting an increase of about 5.6%[19] - Current liabilities increased to CNY 940,142,452.50 from CNY 839,421,328.45, reflecting a rise of 12%[23] - The total equity attributable to shareholders decreased to CNY 1,833,891,866.30 from CNY 1,871,806,737.21, a decline of about 2.0%[19] - The total equity attributable to shareholders was CNY 1,832,354,379.06, down from CNY 1,869,181,415.56 at the start of the year, a decrease of 2%[23] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 94,620,078.11, worsening from a net outflow of CNY 17,396,052.79 in the same period last year[9] - The net cash flow from operating activities was -94,620,078.11 RMB, a significant decline compared to -17,396,052.79 RMB in the previous period, indicating worsening operational cash flow[28] - Total cash inflow from operating activities was 123,036,260.64 RMB, down 26.5% from 167,513,211.79 RMB in the previous period[28] - Cash outflow from operating activities increased to 217,656,338.75 RMB, compared to 184,909,264.58 RMB in the previous period, reflecting higher operational costs[28] - Cash flow from investing activities showed a net outflow of -30,303,528.91 RMB, worsening from -21,898,202.27 RMB in the previous period, indicating increased investment expenditures[28] - Cash inflow from financing activities was 135,000,000.00 RMB, up 80% from 75,000,000.00 RMB in the previous period, reflecting successful borrowing efforts[28] - The net cash flow from financing activities was 64,832,083.36 RMB, a recovery from -4,755,174.98 RMB in the previous period, indicating improved financing conditions[28] - The ending cash and cash equivalents balance decreased to 229,972,128.71 RMB from 453,350,553.17 RMB in the previous period, showing a significant reduction in liquidity[28] Shareholder Information - The number of shareholders totaled 46,230 at the end of the reporting period[12] Non-Operating Income - The company received non-operating income of CNY 16,179,213.25 from fixed asset disposals, a significant increase of 1188.14% compared to the previous year[13] Inventory - The company’s inventory as of March 31, 2014, was CNY 401,398,783.69, a slight increase from CNY 398,880,993.68 at the beginning of the year[23] Borrowings - Short-term borrowings rose by 25.93% to CNY 340,000,000.00 as new bank loans were obtained during the reporting period[13] - Short-term borrowings increased significantly to CNY 340,000,000.00 from CNY 270,000,000.00, marking a rise of approximately 25.9%[19] Employee Compensation - The company paid 31,260,568.48 RMB to employees, slightly down from 33,170,289.35 RMB in the previous period, indicating stable employee compensation levels[28] Commitments and Future Plans - The company has committed to resolving industry competition issues through asset acquisitions and restructuring within five years[15] - There were no reported instances of non-fulfillment or overdue commitments as of the report date[16] - The company plans to continue disclosing the progress of its commitments to maintain investor interests and promote stable development[16]