威尔泰(002058) - 2015 Q1 - 季度财报

Financial Performance - Revenue for Q1 2015 was CNY 17,445,619.48, a decrease of 10.74% compared to CNY 19,544,164.64 in the same period last year[7] - Net profit attributable to shareholders was a loss of CNY 4,340,580.09, representing a decline of 101.63% from a loss of CNY 2,152,787.99 year-over-year[7] - The operating profit, total profit, and net profit attributable to shareholders decreased by 38%, 86%, and 102% respectively compared to the same period last year, primarily due to a decline in operating revenue and other income, along with an increase in certain period expenses[15] - The expected net profit for the first half of 2015 is projected to be between -2,000,000 and -1,500,000 yuan, compared to a net profit of -890,000 yuan in the same period of 2014[18] - The decline in performance is attributed to sluggish growth in the real economy and insufficient demand from downstream industries and customers, leading to a decrease in sales revenue compared to the previous year[18] Cash Flow - Net cash flow from operating activities was a negative CNY 13,565,543.28, a decrease of 163.25% compared to negative CNY 5,153,076.41 in the previous year[7] - The net cash flow from operating activities decreased by 8,412,466.87 yuan, a decline of 163% year-on-year, mainly due to a reduction in cash received from sales of goods[15] - The net cash flow from investing activities increased by 1,902,807.86 yuan, a growth of 89%, primarily because of the previous period's payment for land and property transfer taxes and fees totaling 1,900,694.00 yuan, which was recorded as fixed asset investment[15] - The net cash flow from financing activities decreased by 1,905,500 yuan, a decline of 267%, mainly due to the repayment of a short-term loan of 2.5 million yuan by a subsidiary, with 1.8925 million yuan being renewed in March[15] - The net increase in cash and cash equivalents decreased by 8,418,518.56 yuan, a decline of 105%, primarily due to a year-on-year decrease in cash received from sales of goods and delayed loan disbursement[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,788[10] - The largest shareholder, Shanghai Zijiang (Group) Co., Ltd., held 12.30% of shares, totaling 17,644,900 shares[10] Assets and Liabilities - Total assets at the end of the reporting period were CNY 228,348,342.33, down 4.05% from CNY 237,994,127.67 at the end of the previous year[7] - Prepayments increased by 47% to CNY 504,082.94 due to increased advance payments for materials[14] - Other receivables rose by 70% to CNY 1,138,225.02, mainly due to quality assurance and bidding deposits[14] - Short-term borrowings decreased by 33% to CNY 2,500,000, as a subsidiary repaid its short-term loans[14] Return on Equity - The weighted average return on equity was -2.23%, a decrease of 1.11% from -1.12% in the same period last year[7]