鞍钢股份(000898) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was 18,399 million RMB, a decrease of 4.01% compared to 19,168 million RMB in the same period last year[8]. - Net profit attributable to shareholders was 286 million RMB, down 47.04% from 540 million RMB year-on-year[8]. - The net cash flow from operating activities was 1,045 million RMB, a significant decline of 80.95% compared to 5,487 million RMB in the previous year[8]. - Basic earnings per share decreased by 46.67% to 0.040 RMB from 0.075 RMB in the same period last year[8]. - The weighted average return on net assets was 0.61%, down 0.55 percentage points from 1.16% in the previous year[8]. - The company experienced a significant drop in net profit primarily due to a decline in steel market prices compared to the previous year[16]. - The company anticipates a significant change in cumulative net profit from the beginning of the year to the next reporting period, potentially resulting in a loss compared to the same period last year[21]. Assets and Shareholder Information - Total assets at the end of the reporting period were 93,624 million RMB, an increase of 0.82% from 92,865 million RMB at the end of the previous year[8]. - The number of shareholders at the end of the reporting period was 167,629, with the largest shareholder, Anshan Iron and Steel Group, holding 67.80% of the shares[11]. - The company holds shares in Zhuhai Group, with an investment cost of 81 million, representing a 1.9% stake[21]. - The company holds 10 million shares of Zhuhai Group, maintaining the same holding quantity and percentage from the beginning to the end of the reporting period[21]. Cash Flow and Expenses - The company’s cash and cash equivalents increased by 1,385 million RMB compared to the end of the previous year, driven by net cash inflows from operating activities[17]. - The company reported a decrease in sales expenses due to increased sales volume and optimized logistics management[16].