大东南(002263) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥151,319,649.02, representing a 15.68% increase compared to ¥130,805,630.16 in the same period last year[8] - The net profit attributable to shareholders was -¥6,872,298.14, an improvement of 26.55% from -¥9,356,753.34 year-on-year[8] - The basic earnings per share improved to -¥0.01 from -¥0.016, marking a 37.5% increase[8] - The company expects a net loss of between 7 million to 10 million yuan for the first half of 2014, compared to a net loss of 13.1 million yuan in the same period of 2013[32] - The company anticipates that the gross sales margin will remain positive in the first half of 2014, but it will not be sufficient to cover three major expenses, leading to expected losses[32] Cash Flow - The net cash flow from operating activities was -¥70,725,466.17, which is a decline of 21.22% compared to -¥58,345,761.84 in the previous year[8] - Net cash flow from investing activities decreased by 126.99% year-on-year, mainly due to the acquisition of a 25% stake in Ningbo Wanxiang[26] - Net cash flow from financing activities increased by 1652.78% year-on-year, primarily due to an increase in short-term borrowings and the recovery of letter of credit deposits[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,495,445,612.43, a decrease of 1.39% from the previous year's end[8] - The company experienced a 34.65% decrease in cash and cash equivalents due to the acquisition of a 25% stake in Ningbo Wanxiang[17] - Accounts receivable increased by 76.98% due to changes in collection methods[18] - The company’s prepayments increased by 98.87%, attributed to the need for production materials[18] - Asset impairment losses decreased by 31.23% compared to the same period last year, mainly due to an increase in product sales prices and inventory write-backs[23] Expenses - The company reported a 179.65% increase in financial expenses, primarily due to increased borrowing and interest expenses[22] - Investment income decreased by 55.04% year-on-year, primarily due to reduced profits from a small loan company compared to the same period last year[24] Shareholder Information - The number of shareholders at the end of the reporting period was 37,940[11]