WOER(SZ:002130)2015-04-28 16:00Financial Performance - The company's operating revenue for Q1 2015 was ¥333,410,137.62, representing a 3.89% increase compared to ¥320,920,543.77 in the same period last year[8] - Net profit attributable to shareholders decreased by 27.41% to ¥13,834,708.38 from ¥19,058,941.80 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥11,413,363.27, down 34.37% from ¥17,391,763.73 in the previous year[8] - Basic and diluted earnings per share both decreased by 33.33% to ¥0.02 from ¥0.03 year-on-year[8] - The weighted average return on equity was 1.16%, a decrease of 0.67 percentage points from 1.83% in the previous year[8] - The company reported a comprehensive gross profit margin of 27.48%, which remained stable compared to the previous year[17] Cash Flow and Assets - The net cash flow from operating activities improved by 50.76%, reaching -¥9,037,813.53 compared to -¥18,355,947.67 in the same period last year[8] - Total assets at the end of the reporting period were ¥3,058,972,119.43, an increase of 15.06% from ¥2,658,585,776.78 at the end of the previous year[8] - Net assets attributable to shareholders increased by 26.87% to ¥1,499,117,741.57 from ¥1,181,637,128.82 at the end of the previous year[8] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 70,853[12] - The largest shareholder, Zhou Heping, holds 42.01% of the shares, amounting to 239,228,892 shares, with 186,280,000 shares pledged[12] Expenses and Investments - Financial expenses rose to CNY 16.99 million, an increase of CNY 6.46 million or 61.35%, mainly due to increased bank loans and higher interest rates[17] - The company’s other current assets increased by 1373.73% to CNY 5.54 million, primarily due to payments for loan guarantee fees[16] - The company’s available-for-sale financial assets increased by 60.75% to CNY 871.80 million, driven by investments in trust funds and shares of Changyuan Group[16] - Research and development expenditures increased by 117.34% to CNY 11.13 million, reflecting higher investment in R&D projects during the reporting period[16] Future Outlook - The company plans to issue bonds totaling up to CNY 400 million, with approval received from the China Securities Regulatory Commission[18] - The company expects a positive net profit attributable to shareholders for the first half of 2015, indicating no loss-making situation[22] - The net profit attributable to shareholders for the first half of 2015 is projected to be between RMB 6,703.36 million and RMB 7,886.31 million, representing a significant increase from RMB 3,943.15 million in the same period of 2014[23] - The company expects a growth rate of 70% to 100% in operating performance for the first half of 2015 compared to the previous year[23] Investment Activities - The company has invested RMB 30 million in the "Foreign Trade Trust - Wanbo Steady Phase II Securities Investment Collective Fund Trust Plan," holding 2,995,215 shares of Changyuan Group as of the report date[25] - An additional investment of RMB 50 million was made in the "Foreign Trade Trust - Wanbo Steady Phase VII Securities Investment Collective Fund Trust Plan," with a holding of 5,116,022 shares of Changyuan Group[25] - The company also participated in the "Foreign Trade Trust - Wanbo Steady Phase IX Securities Investment Collective Fund Trust Plan" with an investment of RMB 50 million, holding 5,155,332 shares of Changyuan Group[26] - Furthermore, the company invested RMB 50 million in the "Xinhua Fund - ICBC - Wanbo Steady Phase X Asset Management Plan," holding 6,085,853 shares of Changyuan Group[26]