兔宝宝(002043) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥219,100,994.05, representing a 9.58% increase compared to ¥199,942,776.24 in the same period last year[8]. - The net profit attributable to shareholders was a loss of ¥1,579,670.93, a decrease of 644.34% from a profit of ¥290,197.72 in the previous year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,055,540.43, a significant improvement of 357.87% compared to a loss of ¥797,125.78 in the same period last year[8]. - Total profit decreased by ¥1,458,615.68, a decrease of 148.74%, primarily due to reduced fair value gains[18]. - Net profit attributable to shareholders decreased by ¥1,869,868.65, a decrease of 644.34%, mainly due to reduced fair value gains[18]. - The expected net profit for the first half of 2014 is projected to be between ¥12 million and ¥14 million, representing a change of 80% to 110% compared to the same period in 2013[25]. Cash Flow - The net cash flow from operating activities was negative at ¥37,701,843.31, worsening by 183.27% from a negative cash flow of ¥13,309,367.41 in the previous year[8]. - Net cash flow from operating activities decreased by ¥24,392,475.90, a decrease rate of 183.27%, mainly due to increased cash payments for purchases[18]. - Net cash flow from investing activities increased by ¥18,568,450.37, an increase rate of 1150.96%, mainly due to the maturity of financial products from subsidiaries[18]. - Net cash flow from financing activities increased by ¥17,080,610.18, an increase rate of 167.70%, mainly due to equity incentives received[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥970,420,587.14, a decrease of 0.74% from ¥977,680,979.26 at the end of the previous year[8]. - The net assets attributable to shareholders increased by 3.49% to ¥792,749,647.37 from ¥766,014,898.50 at the end of the previous year[8]. - Financial liabilities increased by ¥3,130,208.00, an increase rate of 100%, primarily related to foreign exchange forward contracts totaling $32.4 million[16]. - The company reported a decrease in trading financial assets by ¥1,733,760.00, a 100% reduction, due to foreign exchange settlement agreements[15]. - Other current assets decreased by ¥31,223,124.13, a reduction rate of 50.22%, mainly due to the maturity of financial products from subsidiaries[16]. Shareholder Information - The number of shareholders at the end of the reporting period was 37,335[11]. - The largest shareholder, Dehua Group Holdings Co., Ltd., held 33.27% of the shares, amounting to 161,119,990 shares, with 25,200,000 shares pledged[11]. Expenses - Management expenses increased by ¥5,523,310.94, a growth rate of 36.70%, mainly due to increased R&D expenditures and employee compensation[17]. - Financial expenses decreased by ¥1,568,772.73, a decrease of 95.66%, mainly due to reduced exchange losses from a subsidiary[17]. Return on Assets - The weighted average return on net assets was -0.2%, down by 0.24% from 0.04% in the previous year[8].