Financial Performance - Revenue for Q1 2014 was CNY 70,022,856.35, an increase of 33.52% compared to CNY 52,443,971.32 in the same period last year [8]. - Net profit attributable to shareholders was CNY 3,189,706.40, up 27.79% from CNY 2,495,979.57 year-on-year [8]. - Basic earnings per share increased by 26.96% to CNY 0.0292 from CNY 0.023 in the same period last year [8]. - Operating profit decreased by 5.74% year-on-year to ¥2,821,770.56 [16]. - The company expects net profit attributable to shareholders for the first half of 2014 to increase by 76.31% to 113.16% compared to the same period in 2013 [21]. - The increase in revenue is attributed to a continuous rise in sales orders and revenue recognition during the reporting period [21]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -55,764,681.74, a decline of 258.19% compared to CNY -15,568,294.71 last year [8]. - Cash flow from operating activities decreased by 258.19% year-on-year, primarily due to increased payments for procurement and employee compensation [17]. - Cash and cash equivalents decreased by 44.23% compared to the end of the previous year, mainly due to increased investments in financial products and procurement payments [19]. - Total assets at the end of the reporting period were CNY 819,751,013.62, a decrease of 2.12% from CNY 837,522,949.24 at the end of the previous year [8]. - Accounts receivable notes decreased by 58.2% compared to the end of the previous year, primarily due to maturity [19]. - Prepayments increased by 154.76% compared to the end of the previous year, mainly due to increased procurement prepayments [19]. Shareholder Information - The total number of shareholders at the end of the reporting period was 12,991 [11]. - The largest shareholder, Eurohua Industrial Co., Ltd., held 62.15% of the shares, totaling 67,966,807 shares [12]. Government Support and Investment - The company received government subsidies totaling CNY 132,600.00 during the reporting period [9]. - Investment income increased by 6,353.33% year-on-year, mainly due to higher returns from financial products [19]. - Net profit after deducting non-recurring gains and losses decreased by 31.99% to CNY 1,616,018.74 from CNY 2,375,979.57 in the previous year [8].
奥特迅(002227) - 2014 Q1 - 季度财报