CECO(SH:603698)2015-04-28 16:00Financial Performance - Operating revenue for the period was CNY 206,895,592.36, a 5.91% increase year-on-year[5] - Net profit attributable to shareholders decreased by 57.69% to CNY 20,227,692.04 compared to the same period last year[5] - Basic earnings per share decreased by 64.29% to CNY 0.05 compared to the same period last year[5] - Total profit for the period was ¥25,002,717.48, a decrease of 55.75% compared to the previous period[13] - Net profit attributable to the parent company was ¥20,227,692.04, down 57.69% from the previous period[13] - Total operating revenue for the current period reached ¥206,895,592.36, an increase of 5.3% compared to ¥195,354,184.27 in the previous period[34] - Operating profit decreased to ¥24,257,698.59, down 56.5% from ¥55,786,125.28 in the previous period[35] - Net profit for the current period was ¥20,227,692.04, a decline of 57.7% compared to ¥47,813,357.93 in the previous period[35] - Earnings per share (basic and diluted) decreased to ¥0.05 from ¥0.14 in the previous period[36] Assets and Liabilities - Total assets increased by 41.4% to CNY 3,745,542,448.77 compared to the end of the previous year[5] - Current assets rose to ¥2,934,610,302.25, up from ¥1,865,706,720.02, indicating an increase of about 57.3%[26] - Total liabilities rose to ¥1,730,668,522.39 from ¥1,635,899,949.01, an increase of about 5.8%[28] - Owner's equity increased significantly to ¥2,014,873,926.38 from ¥1,012,911,917.46, representing a growth of approximately 98.7%[28] - The company reported a total current liability of ¥1,661,446,368.03, up from ¥1,565,987,191.14, indicating an increase of about 6.1%[27] - Non-current assets totaled ¥810,932,146.52, up from ¥783,105,146.45, reflecting an increase of approximately 3.9%[27] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 41,606,424.83, a 2.49% increase in outflow compared to the previous year[5] - Cash received from operating activities was ¥16,001,992.86, an increase of 383.07% compared to the previous period[13] - Cash inflow from operating activities totaled ¥162,875,839.07, an increase from ¥153,417,695.09 in the previous period[41] - Cash outflow from investing activities was -1,002,816,904.62 RMB, significantly higher than -11,290,627.76 RMB in the previous period, indicating increased investment expenditures[45] - The net increase in cash and cash equivalents was -38,454,090.39 RMB, an improvement from -44,814,598.12 RMB in the previous period[46] Shareholder Information - The number of shareholders at the end of the reporting period was 33,372[9] - The largest shareholder, China Academy of Launch Vehicle Technology, holds 45.75% of the shares[9] - The company plans to maintain its controlling stake and will not reduce its holdings within 24 months after the lock-up period ends[17] - Shareholders holding more than 5% are restricted to selling no more than 30% of their shares within 24 months after the lock-up period[17] - The lock-up period for shares held by major shareholders is set at 36 months post-listing[18] Capital and Reserves - Capital reserve at the end of the period was ¥1,057,208,329.20, an increase of 567.71% compared to the beginning of the year, mainly due to the company's IPO in January 2015[12] - The company’s capital reserve increased to ¥1,057,208,329.20 from ¥158,332,917.82, a substantial increase of about 570.5%[28] Operational Efficiency - Cash received from sales of goods and services was ¥146,873,846.21, slightly down from ¥150,105,164.59 in the previous period[41] - The company reported an asset impairment loss of ¥9,510,211.71, significantly higher than ¥1,288,247.29 in the previous period[35] - The company paid 42,477,416.28 RMB to employees, a decrease from 43,563,352.67 RMB in the previous period, indicating potential cost-cutting measures[45] - The company received 12,614,395.66 RMB from other operating activities, a significant increase from 2,990,609.44 RMB in the previous period, suggesting improved operational efficiency[45] Stock Price Stabilization Measures - The company plans to stabilize its stock price through measures such as stock repurchase and shareholding increase by major shareholders, with a minimum repurchase amount of RMB 5 million per transaction[20] - The controlling shareholder will increase its holdings at a price not exceeding the audited net asset value per share, with a minimum investment of RMB 5 million per transaction[21] - The stock price stabilization measures will terminate if the stock price exceeds the audited net asset value per share for 10 consecutive trading days[20] - The company has committed to ensuring that any stock repurchase or increase in holdings complies with relevant laws and regulations[21]