协鑫能科(002015) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was ¥51,734,467.08, a decrease of 88.27% compared to ¥440,978,690.55 in the same period last year[7] - The net profit attributable to shareholders was -¥14,754,025.81, an improvement of 82.44% from -¥84,009,464.10 year-on-year[7] - The net cash flow from operating activities was ¥5,403,327.69, down 79.48% from ¥26,333,867.94 in the previous year[7] - The company expects a net loss of between CNY 40 million and CNY 60 million for the first half of 2015, compared to a net loss of CNY 196.67 million in the same period of 2014[21] - The anticipated improvement in performance is attributed to the implementation of the restructuring plan, which is expected to gradually restore production capacity and reduce debt[21] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥582,152,950.74, an increase of 23.51% from ¥471,330,902.81 at the end of the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 20,447[10] - The largest shareholder, Jiangyin Zhongji Mining Investment Co., Ltd., held 8.75% of the shares, totaling 20,990,098 shares[10] Cash and Receivables - The balance of cash and cash equivalents at the end of the reporting period was ¥129,677,589.87, a significant increase of 1423.43% from ¥8,512,209.12 at the beginning of the year[14] - The balance of accounts receivable was ¥4,965,254.88, up 105.88% from ¥2,411,746.97 at the beginning of the year[14] Liabilities and Payables - The company reported a decrease of 47.20% in employee compensation payable, with a balance of ¥4,863,224.15 compared to ¥9,211,399.71 at the beginning of the year[14] - Other payables increased by 360.91% to ¥166,459,659.86, primarily due to the increase in investor deposits during the reporting period[14] Restructuring and Risks - The company received a civil ruling on April 16, 2015, approving the restructuring plan for Xieke Environmental Protection, leading to the termination of its restructuring process[16] - The company's stock has been suspended since December 23, 2014, due to the restructuring plan involving adjustments to investor rights, with resumption pending the completion of capital transfers and share disposals[16] - There is a risk of bankruptcy liquidation if the company fails to execute the restructuring plan, which would result in the termination of its stock listing[16]