襄阳轴承(000678) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was ¥307,296,496.34, a decrease of 3.60% compared to ¥318,782,740.72 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥3,968,517.56, representing a decline of 155.47% from a profit of ¥7,153,873.96 in the previous year[8] - The net cash flow from operating activities was negative at ¥75,457,851.20, worsening by 28.31% compared to a negative cash flow of ¥58,809,110.35 in the same period last year[8] - The basic and diluted earnings per share were both -¥0.009, down 152.94% from ¥0.017 in the previous year[8] - Operating profit for Q1 2015 was -9,327,508.91, a decrease of 421.67% compared to Q1 2014 due to a decline in revenue and increased fixed costs[16] - Total profit for Q1 2015 was -2,591,341.77, down 135.27% from Q1 2014, attributed to decreased revenue and rising fixed costs[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,331,439,227.83, an increase of 3.99% from ¥2,242,024,825.89 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 1.59% to ¥1,044,950,732.32 from ¥1,061,824,099.45 at the end of the previous year[8] - Accounts receivable rose to 64,413,134.06, a 129.67% increase from the end of 2014, due to an increase in unexpired acceptance bills in product sales[16] - Prepayments increased by 73.09% to 25,225,111.54, reflecting higher procurement activities during the period[16] - Other receivables increased by 127.31% to 31,853,601.63, attributed to temporary operational transactions[16] - Accounts payable rose to 101,023,768.15, a 71.81% increase, due to increased bill financing[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,326[12] - The largest shareholder, Sanhuan Group Company, held 29.83% of the shares, amounting to 128,000,000 shares[12] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[13] Cash Flow Activities - Cash flow from operating activities was -75,457,851.20, a decline of 28.31% year-over-year, primarily due to increased procurement expenses from overseas subsidiaries[16] - Cash flow from financing activities increased significantly to 97,661,200.11, up 1419.09% compared to the previous year, driven by increased loans and capital contributions from minority shareholders[16] Corporate Actions - The company plans to conduct a non-public stock issuance, which has been approved by the Hubei Provincial State-owned Assets Supervision and Administration Commission[17] - KFLT, a subsidiary, completed a capital increase on January 22, 2015, raising its total capital to 81,050,000.00 zloty, with the company maintaining its controlling stake[17] Non-Operating Income and Expenses - Non-operating income and expenses totaled ¥5,725,742.07, with significant contributions from non-current asset disposal losses and other income[9]