甘化科工(000576) - 2015 Q1 - 季度财报

Financial Performance - Revenue for Q1 2015 was CNY 93,400,773.21, a decrease of 16.93% compared to CNY 112,438,899.61 in the same period last year[3] - Net profit attributable to shareholders was a loss of CNY 13,145,889.84, representing a decline of 485.29% from a profit of CNY 3,411,984.70 in the previous year[3] - Basic and diluted earnings per share were both CNY -0.0297, down 485.71% from CNY 0.0077 in the same period last year[3] - Total profit decreased by 16.56 million yuan, a decline of 485.74%, with net profit also decreasing by the same amount[16] Assets and Liabilities - Total assets increased by 11.56% to CNY 1,624,595,090.22 from CNY 1,456,242,222.66 at the end of the previous year[4] - Net assets attributable to shareholders decreased by 1.29% to CNY 1,007,187,539.05 from CNY 1,020,333,428.89 at the end of the previous year[4] - Short-term borrowings increased by 204.3% to CNY 19,000,000, primarily due to new loans from banks[13] Cash Flow - Cash flow from operating activities was a negative CNY 21,794,077.06, worsening by 240.37% compared to a negative CNY 6,403,142.87 in the previous year[3] - Cash flow from operating activities decreased by 15.39 million yuan, a decline of 240.37%, mainly due to increased cash outflows[17] - Cash flow from financing activities increased by 1,614.75 million yuan, a significant increase of 40,055.97%, primarily due to increased borrowings[18] - Net increase in cash and cash equivalents was 151.25 million yuan, an increase of 363.17%, attributed to reduced cash flow from operating activities and increased financing cash flow[18] - Cash received from borrowings increased by 117 million yuan, an increase of 160.27%, due to increased borrowings during the period[18] Expenses - Management expenses rose by 107.34% to CNY 1,334,000.00, attributed to the previous year’s lower expenses due to the non-production of certain assets[14] - Financial expenses surged by 29,644.14% to CNY 486,280.00, mainly due to increased borrowing costs[14] - Operating profit decreased by 14.53 million yuan, a decline of 1,127.46%, primarily due to increased management and financial expenses[16] - Employee compensation payments increased by 8.85 million yuan, an increase of 141.74%, due to the increase in workforce after the official production of Delixi Optoelectronics[17] - Other cash payments related to operating activities increased by 5.17 million yuan, an increase of 55.42%, due to higher management and sales expenses[17] Investments and Future Outlook - Total funds raised from a non-public offering amounted to 813.60 million yuan, with a net amount of 794.27 million yuan after deducting issuance costs[19] - Cumulative investment of raised funds reached 626.12 million yuan, with 592.44 million yuan allocated to LED epitaxial wafer and chip production projects[19] - The company anticipates a significant change in net profit for the period from the beginning of the year to the next reporting period, potentially resulting in a loss compared to the same period last year[23] Other Information - There were no securities investments during the reporting period[24] - The company did not hold any equity in other listed companies during the reporting period[25] - There were no derivative investments during the reporting period[26] - The company engaged in non-site reception and telephone communication with public investors to discuss its operational status[27]