宝胜股份(600973) - 2014 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter was ¥1,968,106,066.21, down 5.46% year-on-year from ¥2,081,757,316.41[9] - Net profit attributable to shareholders increased by 2.89% to ¥17,245,200.46 compared to ¥16,761,202.41 in the same period last year[9] - Net profit attributable to shareholders after deducting non-recurring gains and losses rose by 19.90% to ¥16,279,530.50 from ¥13,578,066.52[9] - Basic earnings per share decreased by 23.64% to ¥0.042 from ¥0.055[9] - Diluted earnings per share decreased by 36.36% to ¥0.035 from ¥0.055[9] - Total operating revenue for Q1 2014 was CNY 1,968,106,066.21, a decrease of 5.45% from CNY 2,081,757,316.41 in the same period last year[27] - Net profit for Q1 2014 reached CNY 17,471,204.80, an increase of 4.29% compared to CNY 16,751,955.45 in Q1 2013[27] - Basic earnings per share for Q1 2014 were CNY 0.042, down from CNY 0.055 in the previous year[28] - Basic earnings per share decreased to 0.0265 from 0.0393 year-over-year[30] - Diluted earnings per share decreased to 0.0200 from 0.0393 year-over-year[30] Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,841,431,631.45, an increase of 0.82% compared to the previous year-end[9] - The company’s total assets increased to ¥6,841,431,631.45 from ¥6,785,904,696.22, reflecting a growth in both current and non-current assets[18] - The company's total assets as of March 31, 2014, amounted to CNY 6,409,993,269.70, up from CNY 6,303,641,854.39 at the beginning of the year[24] - The company’s total liabilities decreased to ¥4,198,000,000.00 from ¥4,298,000,000.00, indicating a reduction in financial obligations[18] - Total liabilities increased to CNY 4,531,451,711.29 from CNY 4,397,235,263.75, reflecting a growth of 3.04%[24] Shareholder Information - Net assets attributable to shareholders decreased by 1.10% to ¥1,962,114,340.04 from ¥1,983,910,401.44[9] - The total number of shareholders at the end of the reporting period was 26,150[10] - The largest shareholder, Baosheng Group Co., Ltd., holds 35.66% of the shares, totaling 146,716,819 shares[10] - The company’s minority interest profit increased to ¥226,004.34 from -¥9,246.96, primarily due to profitability at its subsidiary Baosheng Shandong[11] Cash Flow - Cash flow from operating activities showed an improvement, with a net outflow of ¥121,239,667.69 compared to a net outflow of ¥292,789,137.76 in the previous year[9] - Operating cash flow for the period was -¥121,239,667.69, an improvement from -¥292,789,137.76 in the same period last year, attributed to increased cash collections[11] - Cash inflow from operating activities increased to ¥2,460,062,729.39 from ¥1,978,787,217.68, representing a growth of approximately 24.2%[31] - Cash outflow from operating activities increased to ¥2,581,302,397.08 from ¥2,271,576,355.44, an increase of about 13.6%[32] - Net cash flow from operating activities improved to -¥121,239,667.69 from -¥292,789,137.76, a reduction in losses of approximately 58.6%[32] - Cash flow from investing activities resulted in a net outflow of -¥70,952,573.24, compared to -¥79,073,082.52, showing a decrease in outflow of about 10.8%[33] - Cash flow from financing activities generated a net inflow of ¥261,664,555.01, up from ¥238,991,608.68, an increase of approximately 9.5%[36] - The ending cash and cash equivalents balance was ¥1,048,650,264.93, down from ¥1,208,061,463.99 year-over-year[34] - The company reported a net increase in cash and cash equivalents of ¥69,929,906.31, compared to a decrease of -¥132,394,908.76 in the previous period[34] - The company’s total cash inflow from financing activities was ¥1,492,750,000.00, compared to ¥1,138,061,600.00, reflecting an increase of approximately 31.1%[36] Accounts and Inventory - Accounts receivable decreased by 64.35% to ¥162,096,978.19 from ¥454,637,483.03 due to reduced transactions settled with bank acceptance bills[11] - Prepaid accounts increased by 117.97% to ¥63,791,486.73 from ¥29,266,614.66 primarily due to increased procurement of materials[11] - Long-term deferred expenses surged by 2,188.44% to ¥2,602,333.15 from ¥113,716.70, mainly due to increased expenses for lighting and landscaping in Baosheng Technology City[11] - The company reported a significant increase in accounts receivable, which rose to CNY 2,746,248,620.38 from CNY 2,623,909,775.57, indicating a growth of 4.66%[23] - Inventory levels decreased to CNY 666,879,920.43 from CNY 704,774,512.62, reflecting a reduction of 5.37%[23] Interest and Expenses - The company’s interest payable decreased by 88.76% to ¥3,075,665.66 from ¥27,374,828.16, reflecting timely debt servicing during the reporting period[11]