久其软件(002279) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥34,127,981.14, representing a 28.2% increase compared to ¥26,620,877.69 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥16,276,382.23, an improvement from a loss of ¥19,274,126.16 in the previous year[5] - The weighted average return on equity was -2.32%, an improvement from -2.93% in the same period last year[5] - The basic and diluted earnings per share were both -¥0.0926, an improvement from -¥0.1096 in the previous year[5] - The company expects a net loss of between -10,000,000 RMB and 0 RMB for the first half of 2014, an improvement compared to a net loss of -22,946,000 RMB in the same period of 2013[20] Cash Flow and Assets - The net cash flow from operating activities was negative at ¥54,348,609.68, worsening from a negative cash flow of ¥37,380,552.43 in the same period last year[5] - Total assets decreased by 6.46% to ¥713,051,107.23 from ¥762,322,892.11 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 2.3% to ¥692,473,870.76 from ¥708,750,252.99 at the end of the previous year[7] - Cash flow from investment decreased by 51.59% to 43,567,600 RMB due to a reduction in maturing financial products during the reporting period[15] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,814[10] - The largest shareholder, Beijing Jiuqi Technology Investment Co., Ltd., held 25.7% of the shares, totaling 45,182,172 shares[10] Operational Changes - Accounts receivable increased by 250.00% to 700,000 RMB due to an increase in project payment receipts during the reporting period[15] - Prepayments rose by 49.33% to 5,514,000 RMB primarily due to increased costs for technical services and procurement of goods and labor[15] - Operating costs surged by 332.84% to 1,844,500 RMB mainly due to higher outsourcing expenses for technical services[15] - Cash paid to employees increased by 38.20% to 65,019,300 RMB primarily due to higher year-end bonuses compared to the previous year[15] Income and Taxation - Investment income increased by 80.46% to 215,000 RMB as a result of reduced losses from joint ventures and gains from trust products[15] - Cash received from tax refunds decreased by 42.69% to 970,200 RMB due to a reduction in VAT refunds received during the reporting period[15] - Deferred income tax liabilities increased by 74.31% to 137,400 RMB due to changes in the valuation of trading financial assets[15] Capital Expenditures - Cash paid for the acquisition of fixed assets increased by 51.93% to 4,067,100 RMB due to higher purchases of fixed assets during the reporting period[15] - The company reported non-recurring gains and losses totaling ¥2,495,184.23 for the reporting period[8]