罗牛山(000735) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥274,795,008.07, representing a 9.82% increase compared to ¥250,220,496.23 in the same period last year[8] - The net profit attributable to shareholders was -¥20,925,264.41, a significant decline of 652.02% from ¥3,790,658.01 in the previous year[8] - The net cash flow from operating activities was -¥35,213,891.00, which is a 38.22% increase in cash outflow compared to -¥25,476,342.03 in the same period last year[8] - Total assets at the end of the reporting period were ¥4,260,738,569.41, a decrease of 0.6% from ¥4,286,476,253.36 at the end of the previous year[8] - The company's net assets attributable to shareholders decreased by 1.43% to ¥1,684,869,214.20 from ¥1,709,308,978.61 at the end of the previous year[8] Shareholder Information - The number of shareholders at the end of the reporting period was 158,074[11] Borrowings and Liabilities - The company's short-term borrowings increased by 74.50% compared to the beginning of the period, primarily due to increased bank loans[15] Production and Operational Changes - The company's production biological assets decreased by 30.78% due to the shutdown of pig farms and a reduction in breeding stock[15] - The company's operating tax and additional charges increased by 126.33% compared to the same period last year, mainly due to increased construction-related taxes[15] Investment Income and Losses - The company reported a decrease of 95.57% in investment income compared to the same period last year, primarily due to reduced profits from long-term equity investments accounted for using the equity method[15] - The company reported a total initial investment of 88,302,291.16 CNY in securities, with a year-end book value of 78,111,966.23 CNY, resulting in a loss of 3,177,467.84 CNY during the reporting period[19] - The company holds a 16.81% stake in ST Donghai A, with an initial investment cost of 45,046,606.88 CNY and a year-end book value of 41,737,892.30 CNY, reflecting a loss of 2,118,750.00 CNY[20] - The company has invested 20,130,000.00 CNY in Hainan Rubber, which has a year-end book value of 44,352,000.00 CNY, resulting in a loss of 3,514,500.00 CNY during the reporting period[20] - The company has not engaged in any derivative investments during the reporting period, with a total investment amount of 0 CNY[21] Strategic Direction and Communication - The company has conducted multiple investor communications regarding operational conditions and the impact of farm closures on its business[23] - The company is undergoing a strategic transformation following the closure of its breeding farms, focusing on upgrading its operations[23] - The company has not provided specific financial guidance for the upcoming reporting period, indicating potential fluctuations in net profit compared to the previous year[19] - The company has not disclosed any new product developments or technological advancements in the recent reports[19] - The company has not announced any market expansion or acquisition strategies in the latest communications[19] - The company has not reported any significant changes in its investment strategy during the reporting period[19]