欢瑞世纪(000892) - 2014 Q2 - 季度财报

Financial Performance - The company reported zero revenue for the current period, a decrease of 100% compared to 7,158,354.56 yuan in the same period last year[19]. - The net profit attributable to shareholders was -1,094,447.30 yuan, representing a decline of 389.57% from a profit of 377,954.61 yuan in the previous year[19]. - The net cash flow from operating activities was -1,402,489.54 yuan, a decrease of 445.88% compared to 405,480.81 yuan in the same period last year[19]. - The company reported zero revenue in the service and wholesale sectors, indicating a 100% decrease compared to the previous year[31]. - The total operating cost for the consulting services was 9,450,000 RMB, reflecting a 50% decrease year-on-year[31]. - The company reported a net loss of 1,094,447.30 yuan for the current period, which is a decrease in retained earnings[109]. - The company reported a significant increase in other payables from CNY 175,217.86 to CNY 477,571.14, an increase of approximately 172.5%[96]. - The company reported a net profit decrease of 596,583.69 yuan during the current period[113]. - The company reported a significant increase in cash and cash equivalents, indicating strong liquidity management[127]. - The company reported a total of 413,876,880 shares outstanding, with no changes during the reporting period[175]. Assets and Liabilities - Total assets decreased by 24.83% to 4,376,620.81 yuan from 5,822,617.75 yuan at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 20.40% to 4,270,950.48 yuan from 5,365,397.78 yuan at the end of the previous year[19]. - The company's total liabilities at the end of the reporting period were CNY 105,670.33, down from CNY 457,219.97 at the beginning of the period, indicating a reduction of about 77%[94]. - The total owner's equity at the end of the current period is 643,505.75 yuan, reflecting a decrease from the previous year's balance[113]. - The company's total equity attributable to shareholders decreased due to the net loss, impacting overall financial stability[110]. Shareholder Information - The major shareholder, Shanghai Xinyi Industrial Co., Ltd., holds 25.84% of the shares, amounting to 106,938,440 shares[80]. - The total number of shares outstanding is 413,876,880, with 74.16% being unrestricted shares[78]. - The company has not reported any changes in shareholding structure or significant shareholder movements during the period[79]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[82]. Corporate Governance and Compliance - The company has maintained compliance with corporate governance standards as per regulatory requirements[48]. - The company has not experienced any major litigation or arbitration matters during the reporting period[50]. - There were no significant related party transactions reported during the period[57]. - There were no penalties or rectifications reported during the reporting period[72]. - The company has not faced any delisting risks due to violations during the reporting period[73]. Operational Activities - The company’s main subsidiary, Shanghai Xinghong Business Consulting Co., Ltd., reported no business activity during the current period[27]. - The company has not engaged in any external investments, securities investments, or entrusted financial management during the reporting period[32][34][36]. - The company has not engaged in any asset acquisitions or sales during the reporting period[53][54]. - The company did not generate any revenue from its top five customers during the reporting period[187]. - The company had no new product or technology developments reported during the period[84]. - There were no significant mergers or market expansion strategies mentioned in the report[84]. Expenses and Costs - Management expenses decreased by 30.01% to 1,132,000.03 yuan due to the absence of significant fees such as information disclosure and listing fees[29]. - Operating expenses increased to CNY 1,116,906.90 from CNY 6,387,734.13, reflecting a rise of approximately 17.5%[99]. - Total expenses decreased to ¥1,132,000.03 from ¥1,617,486.13, reflecting a decline of about 30%[191]. - Employee compensation decreased to ¥535,744.16 from ¥951,099.04, a reduction of approximately 43.7%[191]. Government Support - The company received government subsidies amounting to 9,500.00 yuan during the reporting period[23]. - Government grants related to assets are recognized as deferred income and amortized over the useful life of the related assets[156]. - Government subsidies recognized in the current period amounted to ¥9,500.00, down from ¥62,500.00, a decrease of approximately 84.8%[195]. Accounting and Financial Reporting - The financial report for the half-year period was not audited[90]. - The company has not changed its accounting policies or estimates during the reporting period[159]. - The company's financial statements comply with the requirements of the enterprise accounting standards, reflecting its financial status accurately[121]. - The company utilizes the effective interest method for subsequent measurement of financial liabilities, ensuring accurate financial reporting[131]. - The company recognizes revenue from the sale of goods when the significant risks and rewards of ownership have transferred to the buyer[152].