Cosmos(SZ:002133)2014-04-24 16:00Financial Performance - The company's operating revenue for Q1 2014 was ¥166,770,438.49, a decrease of 71.09% compared to ¥576,818,776.85 in the same period last year[6] - The net profit attributable to shareholders was ¥16,367,907.15, down 83.77% from ¥100,853,523.16 year-on-year[6] - The net cash flow from operating activities was -¥48,707,105.92, representing a decline of 282.31% compared to ¥26,716,919.91 in the previous year[6] - Basic and diluted earnings per share were both ¥0.03, down 82.35% from ¥0.17 in the same period last year[6] - The total profit for the reporting period was ¥3,081,650.00, down 78.35% from the previous year[11] - The cash flow from financing activities was -¥25,253,820.00, a decrease of 200.90% compared to the previous year[11] - The net profit attributable to shareholders for the first half of 2014 is expected to be between 13.21 million and 66.04 million RMB, representing a decrease of 50% to 90% compared to the same period in 2013[18] Asset and Equity Status - Total assets at the end of the reporting period were ¥7,897,077,947.23, a decrease of 1.46% from ¥8,014,440,268.80 at the end of the previous year[6] - The net assets attributable to shareholders were ¥1,952,526,271.93, down 1.59% from ¥1,984,023,964.78 at the end of the previous year[6] Investment and Market Activity - The company reported a significant decrease in investment income, with a loss of ¥491,420.00, a decline of 364.36% compared to the previous year[11] - The company has not reported any new projects or significant market expansions during the first quarter of 2014[18] Operational Challenges - The decrease in net profit is primarily due to the lack of new property deliveries, resulting in lower real estate revenue recognition compared to the previous year[18] - The company’s performance in the first half of 2014 is not classified as a turnaround situation, indicating ongoing operational challenges[18] Corporate Governance and Commitments - The company has committed to not engaging in any competitive business activities that may conflict with its listed subsidiary, ensuring no direct or indirect competition in the market[16] - The commitment to avoid competition includes a promise to not hold any interests in competing economic entities or organizations[16] - The company has established a priority purchase right for its listed subsidiary in case of asset or business sales related to its operations[15] - The company has not transferred or entrusted its shares to third parties within six months of the report date, maintaining compliance with its commitments[16] - The company’s chairman, Wang Yilei, has confirmed the accuracy of the financial forecasts and commitments made[18] - The company has made legal commitments to ensure compliance with its non-competition agreements, which are enforceable and independent[17] Shareholder Information - The total number of shareholders at the end of the reporting period was 42,867[9]