万马股份(002276) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was ¥983,259,127.54, representing a 15.43% increase compared to ¥851,852,880.71 in the same period last year[8] - The net profit attributable to shareholders was ¥25,965,319.69, an increase of 8.80% from ¥23,864,871.95 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥25,004,242.22, reflecting a 6.82% increase from ¥23,408,339.28 in the previous year[8] - The basic earnings per share for the period was ¥0.0276, up 8.66% from ¥0.0254 in the same period last year[8] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,323,155,061.25, a decrease of 7.58% from ¥4,677,969,351.59 at the end of the previous year[8] - The net assets attributable to shareholders at the end of the reporting period were ¥2,743,505,517.44, showing a slight increase of 0.96% from ¥2,717,540,197.75 at the end of the previous year[8] - Cash and cash equivalents decreased by 34.41% to ¥51,844.09 million due to repayment of bank financing[16] - Accounts receivable decreased by 33.07% to ¥16,088.41 million as a result of increased use of notes for material payments[16] - Other current assets decreased by 43.41% to ¥79.16 million due to reduced interest income from certificates of deposit[16] Cash Flow - The net cash flow from operating activities was -¥150,606,281.75, which is a 15.05% increase in outflow compared to -¥130,910,188.03 in the same period last year[8] Shareholder Information - The company had a total of 33,005 common shareholders at the end of the reporting period[12] - Zhejiang Wanma Electric Cable Group Co., Ltd. held 49.07% of the shares, with 461,090,812 shares, of which 65,078,874 shares were under pledge[12] Expenses - Sales expenses rose by 54.50% to ¥7,239.53 million driven by increased investment in key market development[16] - Management expenses increased by 58.77% to ¥6,346.95 million due to higher R&D investments[16] - Operating tax and surcharges increased by 31.01% to ¥396.31 million as a result of year-on-year sales growth[16] Future Outlook - The company expects net profit attributable to shareholders for the first half of 2015 to range from ¥82,397.9 million to ¥111,479.5 million, a change of -15.00% to 15.00% compared to the same period in 2014[21] Strategic Initiatives - The company is in the due diligence phase for a proposed cash acquisition of 90% of Jiangsu Huaguang Cable, which will enhance its product line and R&D capabilities in specialized cable products[18] Non-Recurring Items - The company reported non-recurring gains of ¥961,077.47 during the reporting period[9] - Investment income decreased by 121.06% to -¥3.64 million due to reduced foreign exchange gains[16]