宁波东力(002164) - 2014 Q1 - 季度财报

Financial Performance - Revenue for the first quarter was ¥84,988,332.18, a decrease of 24.43% compared to ¥112,459,586.87 in the same period last year[4] - Net profit attributable to shareholders was -¥16,608,767.53, representing a decline of 1,735.41% from ¥1,015,569.25 year-on-year[4] - Basic and diluted earnings per share were both -¥0.037, down 1,950% from ¥0.002 in the same period last year[4] - Operating profit decreased by ¥6,387,400, a decline of 50.22% due to reduced revenue and increased unit costs[11] - Operating income decreased by ¥13,483,000, a drop of 93.92% primarily due to reduced government subsidies[11] - The company expects a net profit loss of between -12 million to -17 million CNY for the first half of 2014, compared to a net profit of 4.21 million CNY in the same period of 2013[14] - In Q1 2014, the net profit attributable to shareholders was a loss of 16.61 million CNY, with an improvement in performance expected in Q2[15] - The company reported a significant decrease in non-operating income, from 14.36 million CNY in Q1 2013 to 0.87 million CNY in Q1 2014, impacting overall profitability[15] Cash Flow - Net cash flow from operating activities was -¥63,448,835.18, a significant decrease of 585.80% compared to ¥13,060,800.39 in the previous year[4] - Cash flow from investing activities increased by ¥542,020, a growth of 44.72% due to reduced fixed asset purchases[11] - Cash flow from financing activities increased by ¥61,269,300, a growth of 5,217.19% due to increased short-term borrowings for tax payments and bank acceptance bill repayments[11] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,950,932,963.26, an increase of 1.39% from ¥1,924,274,192.70 at the end of the previous year[4] - Prepaid accounts increased by ¥6,299,300, a growth of 133.83% due to increased material procurement prepayments[11] Corporate Governance - The company has made commitments to avoid establishing subsidiaries with similar business operations and to minimize related party transactions[13] - The commitments made by major shareholders have been fulfilled in a timely manner, ensuring no competitive situations arose during the reporting period[13]