中国海防(600764) - 2014 Q1 - 季度财报

Revenue and Profit - The total revenue for the first quarter of 2014 was CNY 1,400,792,559.31, a decrease of 5.91% compared to the previous year[10] - The net profit for the first quarter was CNY 86,690.70, representing a significant decline of 98.22% year-on-year[15] - Sales revenue for the quarter was reported at 159,694,872.52 RMB, an increase from 131,514,538.11 RMB year-over-year[29] Assets and Liabilities - The total liabilities decreased to CNY 683,345,719.70 from CNY 771,728,566.26 at the beginning of the year[20] - The total assets decreased to CNY 1,400,792,559.31 from CNY 1,488,759,026.54 at the beginning of the year[20] - The company’s total liabilities increased to 755,718,557.42 RMB from 764,702,457.63 RMB year-over-year, indicating a slight reduction in overall debt[24] Cash Flow - The company reported a net cash flow from operating activities of -29,031,891.16 RMB for Q1 2014, compared to -71,084,490.92 RMB in the same period last year, indicating an improvement[29] - Total cash inflow from operating activities was 213,030,504.45 RMB, up from 173,998,600.32 RMB year-over-year[29] - The company incurred cash outflows of 242,062,395.61 RMB in operating activities, slightly down from 245,083,091.24 RMB in the previous year[29] - Cash flow from investing activities was -13,463,301.28 RMB, compared to -7,052,208.44 RMB in the same quarter last year, reflecting increased investment expenditures[31] - Cash flow from financing activities showed a net outflow of -24,241,783.56 RMB, a significant decrease from a net inflow of 121,793,078.61 RMB in the previous year[31] - The company’s total cash and cash equivalents at the end of the period stood at 151,358,611.67 RMB, down from 211,310,131.08 RMB at the end of the previous year[31] Operational Performance - The company reported a net loss of 297,135.92 RMB for the quarter, compared to a net loss of 2,450,015.40 RMB in the same period last year, showing a reduction in losses[25] - The net cash flow from operating activities was -7,193,520.71 RMB, a decrease from 2,563,886.23 RMB in the previous period, indicating a significant decline in operational performance[34] - Cash inflow from operating activities totaled 41,474,456.03 RMB, down 38% from 66,778,725.76 RMB in the prior period[34] - Cash outflow from operating activities increased to 48,667,976.74 RMB, compared to 64,214,839.53 RMB previously, reflecting higher operational costs[34] Employee Compensation and Costs - The company paid 20,051,928.54 RMB in employee compensation during the quarter, slightly down from 20,586,938.45 RMB in the previous year[31] - Cash outflow for employee payments rose to 2,473,012.25 RMB, compared to 1,895,356.39 RMB in the prior period, reflecting increased labor costs[34] Tax and Other Expenses - The company reported a 210.78% increase in business taxes and additional charges, totaling CNY 923,144.90[15] - The cash outflow for taxes paid decreased to 7,476.98 RMB from 86,233.82 RMB, suggesting improved tax efficiency[34] Investment Income - Investment income increased by 52.89% to CNY 10,633,630.51 compared to CNY 6,955,011.63 in the same period last year[15]