京山轻机(000821) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥210,580,301.04, representing a 35.8% increase compared to ¥155,065,371.61 in the same period last year[8] - The net profit attributable to shareholders was -¥3,568,469.39, a decrease of 343.21% from ¥1,467,262.74 in the previous year[8] - The company's basic earnings per share were -¥0.01, a decline of 350% from ¥0.004 in the previous year[8] - The weighted average return on net assets was -0.33%, down 0.47% from 0.14% in the same period last year[8] - Total profit decreased compared to the previous year, mainly due to a reduction in short-term investment income realized during the reporting period[16] Cash Flow - The net cash flow from operating activities improved significantly to ¥15,825,494.77, compared to -¥5,510,862.82 in the same period last year, marking a 387.17% increase[8] - Net cash flow from operating activities increased, primarily due to the inclusion of Wuhan Yaohua Safety Glass Co., Ltd. in the current reporting period[18] - Net cash flow from investing activities decreased, mainly due to increased short-term financial investments and payments made for investments in Wuhan Zhongtai and leasing companies[18] Assets and Investments - Total assets at the end of the reporting period were ¥1,875,422,331.20, a slight decrease of 0.38% from ¥1,882,623,951.89 at the end of the previous year[8] - The company's long-term equity investments increased by 122.43%, primarily due to acquiring 40% equity in Wuhan Zhongtaihe Financing Leasing Co., Ltd.[16] - Cash and cash equivalents decreased by 47.76% compared to the beginning of the year, mainly due to increased short-term investment and payments to Wuhan Zhongtaihe Financing Leasing Co., Ltd.[16] - The company held a total of 1,258,055 shares in various securities, with a total value of approximately 21,929,511 yuan at the end of the reporting period[27] Expenses - Management expenses rose by 81.74% year-on-year, mainly due to the inclusion of Wuhan Yaohua Safety Glass Co., Ltd. in the current reporting period[11] - Financial expenses surged by 195.54% compared to the previous year, attributed to the addition of Wuhan Yaohua Safety Glass Co., Ltd. and increased interest expenses from higher bank borrowings[12] Shareholder Information - The number of shareholders at the end of the reporting period was 32,023[11] - The actual controller of the company changed from Mr. Sun Youyuan to Mr. Li Jian following a share transfer agreement[21] Investments and Losses - The company reported a net profit loss for the first half of 2014, with significant fluctuations compared to the same period last year[27] - The investment in the fund "Hua Bao Tian Yi" increased from 11.85% to 18.7%, with a profit of 112,100.8 yuan during the reporting period[27] - The company experienced a loss of 478,428 yuan from its investment in "Kang De Xin," with the holding percentage increasing from 5.99% to 8.28%[27] - The investment in "Guo Tou Dian Li" yielded a profit of 546,322 yuan, with a holding percentage of 5.51% at the end of the reporting period[27] - The company reported a loss of 51,996 yuan from its convertible bond investment in "Shi Hua Zhuan Zhai," with a holding percentage of 5.03%[27] - The total loss from the investment portfolio amounted to approximately 1,135,740 yuan during the reporting period[27] Communication with Investors - The company engaged in regular communication with individual investors regarding its operations and performance[30]