海欣股份(600851) - 2014 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders decreased by 150.33% to a loss of CNY 21,800,811.50 compared to the same period last year[12] - Operating revenue decreased by 8.62% to CNY 193,592,564.11 compared to the same period last year[12] - Basic earnings per share decreased by 150.42% to -CNY 0.0181 compared to the same period last year[12] - Net profit for Q1 2014 was a loss of CNY 28,608,005.96, compared to a profit of CNY 37,293,607.32 in Q1 2013, representing a significant decline[27] - The company reported a basic and diluted earnings per share of -0.0181 for Q1 2014, compared to 0.0359 in the same quarter last year[27] - Investment income dropped by 85.02% from CNY 82,209,243.48 to CNY 12,316,135.14 as last year's figures included gains from the sale of Changjiang Securities[19] - Investment income for Q1 2014 was CNY 12,316,135.14, a decrease of 85.0% from CNY 82,209,243.48 in Q1 2013, indicating challenges in investment performance[27] Assets and Liabilities - Total assets decreased by 9.54% to CNY 3,969,832,401.71 compared to the end of the previous year[12] - Total assets decreased from CNY 4,388,665,933.93 to CNY 3,969,832,401.71, a reduction of approximately 9.5%[23] - Total liabilities decreased from CNY 1,173,065,279.14 to CNY 1,033,480,236.37, a reduction of approximately 11.9%[23] - The company's total equity decreased from CNY 3,215,600,654.79 to CNY 2,936,352,165.34, a reduction of approximately 8.7%[24] - The total assets decreased from CNY 4,354,540,878.67 at the end of Q1 2013 to CNY 3,991,564,441.50 at the end of Q1 2014[25] - Total liabilities decreased from CNY 702,322,294.15 in Q1 2013 to CNY 593,415,721.62 in Q1 2014, indicating improved financial leverage[25] - The company's total equity decreased from CNY 3,652,218,584.52 in Q1 2013 to CNY 3,398,148,719.88 in Q1 2014, reflecting the impact of net losses[25] Cash Flow - The company reported a net cash flow from operating activities of -CNY 51,631,079.84 for the period[12] - Cash flow from operating activities for Q1 2014 was a net outflow of CNY 51,631,079.84, worsening from a net outflow of CNY 39,774,682.32 in Q1 2013[31] - Cash flow from investment activities showed a net inflow of CNY 41,952.48, significantly lower than CNY 103,407,796.03 in Q1 2013, reflecting reduced investment returns[35] - Cash flow from financing activities resulted in a net outflow of -CNY 5,201,048.33, an improvement from -CNY 51,870,702.81 in the same period last year[35] - The total cash and cash equivalents at the end of Q1 2014 were CNY 71,900,069.75, down from CNY 122,569,791.66 at the end of Q1 2013, indicating a decrease of approximately 41.2%[36] - The company incurred CNY 22,078,185.58 in employee payments during Q1 2014, a significant increase from CNY 7,840,563.05 in Q1 2013, highlighting rising labor costs[35] - Total cash outflow from operating activities was CNY 59,347,450.99, compared to CNY 47,126,894.68 in the previous year, marking an increase of about 25.8%[35] Shareholder Information - The number of shareholders at the end of the reporting period was 148,510[15] - The largest shareholder, Shanghai Songjiang Dongjing Industrial Company, holds 7.51% of the shares[15] Other Financial Metrics - The weighted average return on net assets decreased by 2.29 percentage points to -0.7635%[12] - Non-operating income and expenses totaled -CNY 3,268,117.02 for the period[13] - Employee compensation payable decreased by 48.37% from CNY 71,156,186.45 to CNY 36,739,554.29 primarily due to the payment of employee compensation[19] - Financial expenses decreased by 30.61% from CNY 13,712,288.89 to CNY 9,514,579.26 mainly due to reduced interest payments[19] - Tax refunds received increased by 113.96% from CNY 2,176,574.72 to CNY 4,657,062.35 due to an increase in export tax rebates[19] - Cash received from investment income dropped significantly by 99.45% from CNY 76,420,846.91 to CNY 421,975.23 due to last year's sale of Changjiang Securities[19] - The company has not disclosed any new product developments or market expansion strategies in this report[18] - The company reported a significant other comprehensive loss of CNY 250,640,483.49 in Q1 2014, compared to a loss of CNY 128,221,360.35 in the same period last year[27] - Operating cash inflow for Q1 2014 was CNY 28,354,617.86, up from CNY 18,640,485.23 in Q1 2013, representing a growth of approximately 52.9%[35] - The impact of exchange rate changes on cash and cash equivalents was CNY 23,388.37, compared to -CNY 6,896.46 in the previous year, showing a positive effect from currency fluctuations[36] - The company reported a cash outflow of CNY 134,201,048.33 from financing activities, a decrease from CNY 180,870,702.81 in Q1 2013, suggesting improved cash management[35]