海鸥住工(002084) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was CNY 364,991,290.46, a decrease of 1.74% compared to CNY 371,454,396.78 in the same period last year[7] - Net profit attributable to shareholders was CNY 418,269.42, representing a significant decline of 84.54% from CNY 2,705,219.17 year-on-year[7] - The net profit after deducting non-recurring gains and losses increased by 568.07% to CNY 10,844,547.80 from CNY 1,623,273.64 in the previous year[7] - The net profit for the reporting period was ¥1,122,347.90, a decrease of 60.10% year-on-year, primarily due to a decline in operating profit[17] - Operating profit for the reporting period was ¥1,354,542.58, a decrease of 77.60% year-on-year, attributed to capacity fluctuations during the Spring Festival and rising labor costs[17] - The total profit for the reporting period was ¥1,490,767.19, a decrease of 76.33% year-on-year, mainly due to the decline in operating profit[17] Cash Flow and Assets - The net cash flow from operating activities rose by 27.74% to CNY 55,112,493.20, compared to CNY 43,144,151.91 in the same period last year[7] - Cash and cash equivalents at the end of the period amounted to ¥158,452,395.81, an increase of 34.04% compared to the beginning of the period, mainly due to an increase in net cash flow from operating activities[6] - The cash and cash equivalents net increase for the reporting period was ¥44,822,524.83, an increase of 152.22% year-on-year, attributed to higher net cash flows from operating and financing activities[20] Shareholder Information - The company had a total of 25,384 shareholders at the end of the reporting period[10] - The largest shareholder, Zhongyu Investment Co., Ltd., held 28.84% of the shares, amounting to 117,102,643 shares[10] Non-Recurring Items - The company reported a total non-recurring loss of CNY 10,426,278.38 for the period[8] - Financial expenses for the reporting period were ¥1,494,794.63, a decrease of 85.54% year-on-year, due to last year's significant exchange loss being offset by this year's exchange gains[17] - The company reported a significant increase of 102.04% in advance payments, totaling ¥5,284,876.56, due to an increase in customer prepayments[6] - The company recorded a decrease of 94.37% in deferred income tax liabilities, amounting to ¥103,532.75, primarily due to a reduction in trading financial assets[6] Future Expectations - The company expects net profit attributable to shareholders for the first half of 2014 to be between ¥1,274.2 million and ¥1,911.3 million, indicating a growth rate of 0% to 50% compared to the same period last year[20] Return on Equity - The weighted average return on equity was 0.05%, down from 0.35% in the same period last year, reflecting a decrease of 0.3%[7] Earnings Per Share - The basic and diluted earnings per share were both CNY 0.001, down 85.07% from CNY 0.0067 in the previous year[7]