皖通科技(002331) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥148,589,337.70, representing an increase of 18.13% compared to ¥125,782,859.51 in the same period last year[8]. - Net profit attributable to shareholders decreased by 60.46% to ¥8,102,360.83 from ¥20,493,099.70 year-on-year[8]. - The basic earnings per share dropped by 60.46% to ¥0.0378 from ¥0.0956 in the same period last year[8]. - The net profit attributable to shareholders for the first half of 2014 is expected to decrease by 30% to 60%, ranging from 12.70 million to 22.22 million CNY, compared to 31.75 million CNY in the same period of 2013[18]. - The decline in net profit is primarily due to a significant reduction in non-recurring gains and losses, despite steady growth in the company's main business[18]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥52,624,305.15, a decline of 65.17% compared to -¥31,860,033.60 in the previous year[8]. - Total assets at the end of the reporting period were ¥1,193,909,414.21, down 2.62% from ¥1,226,046,484.96 at the end of the previous year[8]. - The company's net assets attributable to shareholders increased by 0.5% to ¥761,364,742.58 from ¥757,547,514.15 at the end of the previous year[8]. Shareholder Information - The total number of shareholders at the end of the reporting period was 14,695[10]. - The company has made commitments regarding share transfers and management, ensuring that certain shareholders will not transfer or delegate their shares for 36 months following a private placement[16][17]. Research and Development - Research and development expenditures increased significantly due to higher investment in R&D[12]. Corporate Actions - The company is currently progressing with a non-public stock issuance plan approved by the board and shareholders[13]. - The company reported a significant increase in prepaid accounts, attributed to an increase in project payments[12].