中航高科(600862) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue decreased by 47.71% to CNY 125,826,935.68 from CNY 240,636,811.71 year-on-year[10] - Net profit attributable to shareholders decreased significantly to CNY -25,737,241.11, compared to CNY 2,073,788.24 in the same period last year, representing a decline of 1,341.07%[10] - The net profit for the first quarter of 2014 was CNY -24,516,226.52, a significant decrease of 635.10% compared to the same period last year, mainly due to reduced total profit and increased income tax expenses[16] - The operating profit for the first quarter of 2014 was CNY -25,766,605.11, reflecting a decrease of 327.29% year-on-year, primarily attributed to reduced profits from real estate[16] - Net profit for the current period is CNY -24,516,226.52, compared to a net profit of CNY 4,581,629.31 in the previous period[30] - Basic earnings per share for the current period is CNY -0.0403, compared to CNY 0.0033 in the previous period[30] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -12,020,351.39, down 104.82% from CNY 249,633,029.44 in the previous year[10] - The net cash flow from operating activities for the first quarter of 2014 was CNY -12,020,351.39, a decline of 104.82% compared to the previous year, mainly due to decreased income from real estate operations and increased expenditures[16] - Cash flow from operating activities shows a net outflow of CNY -12,020,351.39, a significant decline from a net inflow of CNY 249,633,029.44 in the previous period[35] - The net cash flow from financing activities was -165,419,664.22 RMB, compared to a positive cash flow of 38,594,017.17 RMB in the previous period, indicating a significant decline in financing activities[36] - The cash flow from investment activities for the first quarter of 2014 was CNY 15,723,272.05, a significant increase of 120.13% year-on-year, mainly due to the recovery of investment costs and income from the construction of the Haohe River[16] Assets and Liabilities - Total assets increased by 4.39% to CNY 6,236,316,676.71 compared to the end of the previous year[10] - The total liabilities as of March 31, 2014, were CNY 4,919,961,519.79, up from CNY 4,633,443,270.00 at the beginning of the year[23] - Total liabilities amount to CNY 1,455,976,652.87, an increase from CNY 1,104,289,012.26 in the previous period[27] - The total equity attributable to the parent company's owners as of March 31, 2014, was CNY 1,277,983,152.60, down from CNY 1,303,720,393.71 at the beginning of the year[23] - Total equity stands at CNY 1,165,183,210.90, slightly up from CNY 1,159,103,237.30 in the previous period[27] Shareholder Information - The number of shareholders totaled 46,923 at the end of the reporting period[12] - The largest shareholder, Nantong Technology Industry Investment Development Co., Ltd., holds 18.84% of the shares, totaling 120,231,604 shares[12] Operating Costs and Expenses - The company reported a significant decrease in operating costs by 43.44% to CNY 102,323,347.89, correlating with the drop in revenue[15] - Financial expenses decreased by 41.87% to CNY 10,748,867.04, attributed to reduced borrowings and corresponding interest expenses[15] - Total operating costs for the current period are CNY 155,826,445.89, down 37.0% from CNY 247,157,844.59 in the previous period[29] Investment Income - The total investment income for the first quarter of 2014 was CNY 4,232,905.10, an increase compared to the previous year, primarily due to increased investment dividends[16] - The company reported an investment income of CNY 4,232,905.10, compared to CNY 490,822.26 in the previous period[30] Inventory and Prepayments - Prepayments increased by 48.56% to CNY 293,929,964.95 due to increased project payments by subsidiaries[15] - The inventory as of March 31, 2014, was CNY 3,218,759,935.46, an increase from CNY 2,994,779,999.58 at the beginning of the year[21]