高新发展(000628) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥329,811,044.06, representing an increase of 8.38% compared to ¥304,297,367.78 in the same period last year[9] - The net profit attributable to shareholders was -¥10,203,840.25, a decline of 5.48% from -¥9,673,802.59 year-on-year[9] - The weighted average return on net assets was -5.03%, slightly improving from -5.05% in the previous year[9] - The estimated cumulative net profit for the period from the beginning of the year to the next reporting period is projected to be a loss of between -20 million to -12 million CNY, representing a decrease of 495.17% compared to the same period last year[22] - Basic earnings per share are expected to decline to -0.091 CNY from -0.055 CNY, indicating a decrease of 295.65% year-over-year[24] - The primary reason for the anticipated loss is a decline in operating profit due to changes in the external policy environment[24] Cash Flow - The net cash flow from operating activities increased significantly by 195.66%, reaching ¥169,645,580.46 compared to ¥57,379,252.19 in the previous year[9] - The net cash flow from investment activities surged by 987.30%, amounting to ¥12,147,860.00, due to the receipt of matured time deposits[19] Assets and Liabilities - Total assets decreased by 7.40% to ¥3,097,671,796.94 from ¥3,345,331,604.61 at the end of the previous year[9] - The company's net assets attributable to shareholders fell by 7.29% to ¥195,281,422.31 from ¥210,638,260.53 at the end of the previous year[9] Expenses - The company's management expenses rose by 31.86% to ¥1,698,850.00, mainly due to increased fees for hiring intermediary agencies[19] Inventory and Prepaid Accounts - Prepaid accounts increased by 63.48% to ¥25,000,000, primarily due to an increase in prepaid labor costs[18] - The company's inventory decreased by 38.93% to ¥38,000,000, attributed to increased construction project settlements[18]