隆基机械(002363) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥300,319,420.24, representing a 23.23% increase compared to ¥243,712,221.83 in the same period last year[8]. - Net profit attributable to shareholders was ¥19,205,321.53, up 41.12% from ¥13,609,353.22 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥18,797,993.82, reflecting a 45.2% increase from ¥12,946,717.46 in the previous year[8]. - The basic earnings per share increased to ¥0.13, an 18.18% rise from ¥0.11 in the same period last year[8]. - Net profit attributable to the parent company increased by 41.12% compared to the same period last year, primarily due to an increase in sales volume[16]. - The expected net profit attributable to shareholders for the first half of 2014 is projected to be between 30.42 million yuan and 34.39 million yuan, representing a growth of 15% to 30% compared to the same period in 2013[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,351,146,096.42, a 4.57% increase from ¥2,248,388,497.99 at the end of the previous year[8]. - The net assets attributable to shareholders were ¥1,295,004,179.27, which is a 1.39% increase from ¥1,277,218,729.35 at the end of the previous year[8]. - Cash and cash equivalents increased by 48.84% compared to the beginning of the year, mainly due to an increase in short-term borrowings[16]. - Prepayments increased by 75.24% compared to the beginning of the year, primarily due to increased prepayments for equipment and materials[16]. - Short-term borrowings increased by 107.09% compared to the beginning of the year, mainly due to an increase in short-term and pledged borrowings[16]. - Other current liabilities decreased by 150 million yuan compared to the beginning of the year, mainly due to the repayment of short-term financing bonds[16]. Cash Flow - The company reported a net cash flow from operating activities of -¥16,901,414.43, an improvement of 23.79% compared to -¥22,177,902.17 in the same period last year[8]. - The net cash flow from investing activities decreased by 55.57% compared to the same period last year, mainly due to cash received related to investment activities during the reporting period[16]. Shareholder Information - The total number of shareholders at the end of the reporting period was 10,067[11]. - The largest shareholder, Longi Group Co., Ltd., holds 45.18% of the shares, with 25,120,000 shares pledged[11]. Other Financial Metrics - The weighted average return on equity was 1.49%, slightly down from 1.5% in the previous year[8]. - Investment income increased by 147.40 thousand yuan compared to the same period last year, mainly due to returns from principal-protected financial products[16]. - The increase in operating tax and additional charges compared to the same period last year was 84.47%, mainly due to a higher amount of VAT payable from export deductions[16]. - Interest payable decreased by 91.27% compared to the beginning of the year, primarily due to the one-time repayment of interest on short-term financing bonds[16].