正虹科技(000702) - 2014 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2014 was CNY 371,511,897.10, a decrease of 17.03% compared to CNY 447,757,312.55 in the same period last year[8] - Net profit attributable to shareholders was CNY 3,631,663.81, down 40.13% from CNY 6,066,043.38 year-on-year[8] - The company predicts 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[16] Cash Flow and Assets - The net cash flow from operating activities increased by 42.56% to CNY 32,309,776.81 from CNY 22,664,279.23 in the previous year[8] - Total assets at the end of the reporting period were CNY 829,583,023.54, reflecting a 13.85% increase from CNY 728,685,295.12 at the end of the previous year[8] Return on Equity - The weighted average return on equity decreased to 0.84% from 1.3% year-on-year, a decline of 0.46%[8] Prepayments and Receipts - The company reported a significant increase in prepayments, which rose by 399.74% to CNY 46,830,827.51 due to raw materials received but not yet settled[14] - The company experienced a 402.85% increase in advance receipts, totaling CNY 94,597,621.22, indicating higher customer prepayments[14] Investment Income - Investment income increased by 70.08% to CNY 8,897,582.46, attributed to the reduction of 1.93 million shares of Fangzheng Securities stock[14] - The total initial investment in securities amounts to CNY 6,243,476, with a total loss of CNY 357,080 reported during the period[16] - The company holds 6,070,000 shares of Founder Securities Co., Ltd., with a book value of CNY 32,778,000 and a profit of CNY 9,825,236.45 from the sale of shares[16] Other Comprehensive Income - Other comprehensive income showed a significant decline, with a loss of CNY 13,807,200.00 compared to a gain of CNY 18,033,837.65 in the previous year[14] Operating Expenses - Operating tax and surcharges decreased by 73.29% to CNY 254,230.27 compared to CNY 951,671.76 in the previous year[14]