中国天楹(000035) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was 0.00 yuan, a decrease of 100% compared to 949,466.94 yuan in the same period last year[8]. - The net profit attributable to shareholders was -1,571,539.17 yuan, representing a decline of 381.87% from 557,532.87 yuan year-on-year[8]. - The basic and diluted earnings per share were both -0.01 yuan, a decrease of 433.33% compared to 0.003 yuan in the previous year[8]. - The total assets at the end of the reporting period were 8,884,867.84 yuan, down 14.91% from 10,441,933.09 yuan at the end of the previous year[8]. - The net assets attributable to shareholders decreased by 12.6% to 10,903,417.57 yuan from 12,474,956.74 yuan[8]. - The company reported a net cash flow from operating activities of -4,562,341.40 yuan, compared to -57,430.41 yuan in the previous year[8]. - Net profit decreased compared to the same period last year due to reduced operating revenue and costs, along with increased management and financial expenses[17]. - Cash received from sales of goods and services decreased compared to the same period last year, as the company had no operating income post-restructuring[17]. - Cash received from other operating activities decreased compared to the same period last year, due to funds received from the administrator in the previous period[17]. - Cash paid for other operating activities increased compared to the same period last year, due to prepayments for intermediary fees and management expenses[17]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,803[10]. - The top shareholder, China Cinda Asset Management Co., Ltd., held 6.66% of the shares, amounting to 12,584,996 shares[10]. Asset Restructuring - The company received unconditional approval from the China Securities Regulatory Commission for a major asset restructuring on April 2, 2014[15]. - The company is in the process of significant asset restructuring, with uncertainties regarding the timely completion of related registration and approval procedures[15]. - The company's operating revenue, operating costs, and operating taxes decreased compared to the same period last year due to the completion of restructuring, resulting in no operating income[17]. - Management expenses significantly increased compared to the same period last year, primarily due to higher rent, renovation costs, salaries, and audit fees[17]. - Financial expenses increased compared to the same period last year, attributed to higher interest income in the previous year[17]. Investor Communication - The company engaged in multiple communications regarding major asset restructuring and operational conditions with investors throughout the reporting period[18].