中航西飞(000768) - 2015 Q1 - 季度财报

Financial Performance - Operating revenue for Q1 2015 was CNY 2,387,675,476.80, a decrease of 4.42% compared to CNY 2,498,177,663.31 in the same period last year[7] - Net profit attributable to shareholders was a loss of CNY 197,115,182.98, representing a decline of 30.87% from a loss of CNY 150,620,830.03 year-over-year[7] - The net cash flow from operating activities was a negative CNY 1,375,512,693.72, which is 16.37% worse than the negative CNY 1,182,051,834.63 reported in the previous year[7] - Basic and diluted earnings per share were both CNY -0.0743, a decrease of 30.81% compared to CNY -0.0568 in the same period last year[7] - The weighted average return on equity was -1.67%, down 27.48% from -1.31% in the previous year[7] - Operating revenue for the period was ¥2,387,675,476.80, a decrease of 4.42% compared to the same period last year, mainly due to fewer aircraft deliveries[18] - The company reported a net loss attributable to shareholders of ¥197,115,182.98, which is a 30.87% increase in loss compared to the same period last year[19] Assets and Liabilities - Total assets increased by 2.97% to CNY 35,059,338,610.86 from CNY 34,046,919,009.87 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 1.55% to CNY 11,735,675,253.77 from CNY 11,920,792,407.30 at the end of the previous year[7] - Cash and cash equivalents decreased by 22.07% from the beginning of the year, totaling ¥2,208,319,436.02, primarily due to payments for materials and finished goods that have not yet been delivered[16] - Long-term borrowings increased by 125.23% to ¥449,558,541.76, primarily due to increased bank loans from the subsidiary AVIC Shenyang Aircraft Corporation[16] - Other receivables increased by 50.90% to ¥368,694,923.39, mainly due to an increase in customs guarantee deposits for imports[16] Cash Flow - The net cash flow from operating activities was -¥1,375,512,693.72, a decline of 16.37% year-on-year, with total cash outflows increasing by 5.63%[21] - Total cash inflow from financing activities increased by 176.88% to ¥1,703,817,197.17, primarily due to increased cash received from borrowings[21] Government Support and Subsidies - The company received government subsidies amounting to CNY 48,768,209.48 during the reporting period[8] Shareholder Information - The total number of shareholders at the end of the reporting period was 173,357[11] - The largest shareholder, China Aviation Industry Group, holds 40.00% of the shares, totaling 1,061,533,804 shares[11] Commitments and Corporate Governance - The company reported a significant commitment to avoid competition with its parent company, AVIC, ensuring no direct or indirect business competition[27] - The company has a long-term commitment to ensure the safety of financial funds and to regulate related transactions with AVIC[27] - The company has made commitments regarding performance compensation for targeted assets, which have been fulfilled as of December 31, 2014[27] - The company has a history of maintaining a lock-up period for shares held by its major shareholder, AVIC, which has been adhered to[27] - The company has ongoing commitments related to land use rights, which are being fulfilled normally[27] Operational Outlook - The company anticipates potential losses or significant changes in net profit compared to the same period last year, but specific figures were not disclosed[28] - The company has not reported any significant changes in its operational performance or financial outlook for the first half of 2015[28] - The company conducted several investor meetings to discuss its operational status, but no specific materials were provided during these meetings[31] Other Financial Activities - The company has not engaged in any securities or derivative investments during the reporting period[28][30] - The company has not held any equity in other listed companies during the reporting period[29]