烽火电子(000561) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥80,285,435.67, a decrease of 10.35% compared to ¥89,549,871.97 in the same period last year[9] - The net profit attributable to shareholders was -¥17,064,299.41, an improvement from -¥36,404,211.29 year-on-year[9] - The net cash flow from operating activities was -¥111,249,731.80, significantly lower than -¥16,747,907.23 in the previous year[9] - The weighted average return on net assets was -1.91%, an improvement from -4.41% in the previous year[9] - The company’s total equity attributable to shareholders decreased by 1.88% to ¥891,962,283.76 from ¥909,026,583.17 at the end of the previous year[9] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,565,507,955.14, down 6.06% from ¥1,666,565,956.41 at the end of the previous year[9] - The company's cash and cash equivalents decreased by 43.10%, from ¥370,542,178.13 to ¥210,848,577.83, primarily due to reduced sales receipts[15] - The company reported a significant increase in other receivables, which rose by 69.63% to ¥20,538,795.82, attributed to increased standby loan amounts[15] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,068[12] - No significant commitments or promises were reported by the company or shareholders holding more than 5% during the reporting period[18] Commitments and Corporate Governance - The company has made commitments to avoid competition with its major shareholders, Shaanxi Fenghuo Communication Group and Shaanxi Electronic Information Group, since 2009[18] - The company has committed to minimizing related party transactions and ensuring they are conducted at fair market prices[18] - There are no unfulfilled commitments reported by the company during the reporting period[20] Market Development - The company successfully completed the design and type verification of its first full-function Beidou navigation product, laying a solid foundation for market expansion in the national Beidou application field[17] Investor Relations - The company engaged in communication with social investors regarding its industry, products, and operations during the first quarter of 2014[21]