广东建工(002060) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was CNY 1,406,877,311.06, representing a 2.46% increase compared to CNY 1,373,141,981.58 in the same period last year[7] - Net profit attributable to shareholders was CNY 19,093,739.42, up 12.18% from CNY 17,021,262.62 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 18,359,905.44, reflecting a 21.13% increase from CNY 15,156,884.51 in the previous year[7] - Operating profit increased by 30.81% year-on-year, attributed to higher revenue from clean energy operations[14] - Income tax expenses increased by 130.23% compared to the same period last year, primarily due to profit growth[15] - The expected net profit attributable to shareholders for the first half of 2015 is projected to be between 49.67 million and 64.58 million yuan, reflecting a growth of 0.00% to 30.00% compared to the same period last year[20] Cash Flow - The net cash flow from operating activities was negative at CNY -64,976,716.69, a significant decline of 922.82% compared to CNY 7,896,834.60 in the same period last year[7] - Net cash flow from operating activities decreased by 922.82% year-on-year, mainly due to reduced cash inflows from operating activities[15] - Net cash flow from investing activities declined by 132.82% year-on-year, attributed to increased investment expenditures in clean energy projects[15] - Net cash flow from financing activities grew by 72.12% year-on-year, primarily due to new borrowings and issuance of non-public directed debt financing[15] Assets and Shareholders - Total assets at the end of the reporting period were CNY 12,733,687,522.77, an increase of 1.00% from CNY 12,607,608,348.52 at the end of the previous year[7] - The net assets attributable to shareholders increased to CNY 2,517,913,546.40, up 0.88% from CNY 2,495,834,892.00 at the end of the previous year[7] - The number of ordinary shareholders at the end of the reporting period was 56,543[10] Asset Impairment and Financing - The company reported a 52.39% increase in asset impairment losses compared to the same period last year, primarily due to an increase in receivables leading to higher bad debt provisions[14] - The company issued non-public directional debt financing, resulting in a 30.95% increase in payable bonds compared to the previous year[14] - The company terminated the second and third phases of the share repurchase plan due to unmet conditions and the need for funding support for clean energy investments[16] Clean Energy Projects - The company is currently developing and constructing several clean energy projects, including wind and solar power initiatives[17]