沈阳机床(000410) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥1,789,716,116.73, representing a 5.27% increase compared to ¥1,700,103,455.92 in the same period last year[5]. - Net profit attributable to shareholders decreased by 28.88% to ¥9,169,420.86 from ¥12,892,296.33 year-on-year[5]. - The net profit after deducting non-recurring gains and losses dropped by 81.71% to ¥2,305,329.19 from ¥12,606,434.66 in the previous year[5]. - The net cash flow from operating activities was negative at -¥458,313,005.76, a decline of 12.77% compared to -¥406,400,514.55 in the same period last year[5]. - The weighted average return on equity decreased to 0.34% from 0.83% year-on-year[5]. - There are no significant changes expected in the cumulative net profit for the first half of 2014 compared to the previous year[16]. Assets and Shareholder Information - Total assets increased by 8.3% to ¥17,730,906,034.09 from ¥16,372,641,889.10 at the end of the previous year[5]. - The number of shareholders at the end of the reporting period was 65,434[9]. - The largest shareholder, Shenyang Machine Tool (Group) Co., Ltd., holds 33.08% of the shares, amounting to 253,219,717 shares[9]. Research and Development - The company's research and development expenses rose significantly by 125% to ¥152,333,878.45, up from ¥67,705,054.04[13]. Non-Operating Income - The company received government subsidies and debt restructuring gains, leading to a 906.49% increase in non-operating income to ¥9,529,021.20 from ¥946,756.91[13]. Commitments - The company has made commitments to avoid competition in the machine tool business, with a commitment period of 36 months starting from November 2, 2012[14]. - The company has also committed to a share lock-up for 36 months starting from May 14, 2013, ensuring stability for shareholders[15].