泰和新材(002254) - 2015 Q1 - 季度财报

Financial Performance - Revenue for Q1 2015 was CNY 348,726,177.10, a decrease of 13.56% compared to CNY 403,413,108.00 in the same period last year[8] - Net profit attributable to shareholders was CNY 22,137,545.79, down 56.32% from CNY 50,677,112.09 year-on-year[8] - Basic earnings per share decreased by 60.00% to CNY 0.04 from CNY 0.10 in the previous year[8] - The company experienced a 49.25% decline in operating profit and a 50.06% decline in net profit year-on-year, primarily due to intensified competition in the spandex market[15] - The net profit attributable to shareholders for the first half of 2015 is expected to decrease by 44.69% to 28.10%, ranging from 5,000 to 6,500 thousand yuan[17] - The net profit for the first half of 2014 was 9,040.45 thousand yuan, indicating a significant decline in performance due to market impacts and a decrease in spandex prices[17] Cash Flow and Assets - Operating cash flow decreased by 91.43% to CNY 7,671,807.63 from CNY 89,533,109.39 in the same period last year[8] - Cash received from sales decreased by 32.07% compared to the previous year, attributed to reduced sales revenue and collection of payments[15] - The company reported a significant increase of 621 million CNY in cash received from investment, mainly due to the maturity of certain structured deposits[15] - Total assets at the end of the reporting period were CNY 2,541,367,965.58, a decrease of 2.14% from CNY 2,597,021,203.05 at the end of the previous year[8] Liabilities and Equity - Short-term borrowings decreased by 69.45% compared to the beginning of the year, primarily due to the repayment of some short-term loans[15] - The company’s net assets attributable to shareholders increased by 1.18% to CNY 1,894,093,998.75 from CNY 1,871,975,269.75 at the end of the previous year[8] Compliance and Commitments - The company has fulfilled its commitments regarding competition and share sales, ensuring compliance with regulations[16]