旺能环境(002034) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥222,572,624.73, a decrease of 7.09% compared to ¥239,561,113.78 in the same period last year[6]. - The net profit attributable to shareholders was a loss of ¥2,658,586.48, an improvement of 10.37% from a loss of ¥2,966,339.18 in the previous year[6]. - The basic earnings per share improved by 25% to -¥0.03 from -¥0.04 in the previous year[6]. - The net profit attributable to shareholders for the first half of 2014 is expected to range from 3 million to 6 million CNY, reflecting a year-on-year decrease of 35.27% to 29.46%[18]. - The net profit for the first half of 2013 was 4.6345 million CNY, indicating a significant decline in profitability for the current period[18]. Cash Flow - The net cash flow from operating activities increased significantly to ¥689,923.60, compared to a negative cash flow of ¥68,963,077.66 in the same period last year, marking a 101.08% improvement[6]. - The company’s cash flow from operating activities increased by ¥69,653,000 compared to the previous year, mainly due to reduced cash payments for goods and services[15]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,467,898,255.39, a decrease of 0.5% from ¥1,475,295,981.83 at the end of the previous year[6]. - The company reported a significant increase in prepayments, which rose by 75.72% due to increased payments to suppliers[14]. Expenses - The company's financial expenses decreased by 72.15% compared to the same period last year, attributed to reduced loan interest and increased interest income[15]. - Management expenses decreased by 30.45%, primarily due to a reduction in R&D expenses[15]. Shareholder Information - The number of shareholders at the end of the reporting period was 12,228, with the top shareholder holding 33.76% of the shares[10]. - The company has committed to not using company funds for personal gain and to avoid any competition with shareholders, which has been strictly executed since November 18, 2003[16]. - There are no unfulfilled commitments to minority shareholders, and all promises have been timely fulfilled[17].