同德化工(002360) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was ¥102,325,835.15, a decrease of 18.34% compared to ¥125,305,768.56 in the same period last year[8]. - The net profit attributable to shareholders for Q1 2015 was ¥10,569,365.20, down 37.98% from ¥17,042,185.91 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥9,810,365.69, reflecting a decline of 38.76% compared to ¥16,020,598.10 in the previous year[8]. - The net cash flow from operating activities was -¥9,729,674.42, worsening by 35.88% from -¥7,160,377.61 in the same period last year[8]. - The basic earnings per share for Q1 2015 was ¥0.027, down 38.64% from ¥0.044 in the same period last year[8]. - The weighted average return on equity was 1.13%, a decrease of 1.04% from 2.17% in the previous year[8]. Assets and Shareholder Equity - The total assets at the end of the reporting period were ¥1,346,132,070.69, a decrease of 1.46% from ¥1,366,136,462.11 at the end of the previous year[8]. - The net assets attributable to shareholders increased by 1.26% to ¥940,597,435.56 from ¥928,864,192.86 at the end of the previous year[8]. - The number of ordinary shareholders at the end of the reporting period was 21,773[11]. Future Projections - The net profit attributable to shareholders for the first half of 2015 is expected to be between 42.98 million and 73.68 million RMB, representing a change of -30.00% to 20.00% compared to the same period in 2014[18]. - The net profit for the first half of 2014 was 61.40 million RMB[18]. Market Conditions - The decline in performance is attributed to the economic downturn affecting the civil explosives industry, leading to delayed operations and reduced market sales[18][19]. - The release of factory prices for civil explosive products has intensified competition, impacting the company's operational performance[19]. Investments - The company does not hold any securities investments during the reporting period[20]. - The company does not hold shares in other listed companies during the reporting period[21]. Prepayments - The prepayment balance at the end of the period was ¥15,407,000, an increase of 49.24% compared to the beginning of the period, mainly due to increased prepayments for materials[16].