西部建设(002302) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was ¥1,538,895,724.98, representing a 6.06% increase compared to ¥1,450,900,346.80 in the same period last year[8] - The net profit attributable to shareholders was -¥94,530,315.76, an improvement of 28.36% from -¥131,951,510.54 year-on-year[8] - The basic and diluted earnings per share were both -¥0.18, showing a 30.77% improvement from -¥0.26 in the same period last year[8] - The weighted average return on equity was -2.58%, an increase of 1.33% from -3.91% year-on-year[8] - The estimated net profit attributable to shareholders for the first half of 2015 is expected to range from 9.55 million to 17.51 million, representing a change of -40.00% to 10.00% compared to the same period in 2014[18] Cash Flow and Assets - The net cash flow from operating activities was -¥581,426,544.54, which is a decline of 41.79% compared to -¥410,058,903.92 in the previous year[8] - Cash and cash equivalents decreased by 51.47% compared to the beginning of the year, primarily due to payments made for goods[15] - Other receivables increased by 120.49% compared to the beginning of the year, mainly due to an increase in production standby funds and deposits[15] - Construction in progress grew by 50.13% compared to the beginning of the year, attributed to increased investments during the reporting period[15] - Long-term prepaid expenses increased by 66.08% compared to the beginning of the year, mainly due to an increase in prepaid lease expenses[15] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by 190.95% year-on-year, primarily due to higher cash payments for fixed asset acquisitions[15] - Cash received from minority shareholders increased by 1650% year-on-year, reflecting increased investments during the reporting period[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,747[11] - The largest shareholder, China Construction Xinjiang Construction Group, held 36.18% of the shares, totaling 186,718,067 shares[11] Expenses and Taxation - Sales expenses increased by 46.81% year-on-year, primarily due to higher personnel costs and sales service fees[15] - Income tax expenses increased by 686.21% year-on-year, mainly due to an increase in company profits[15] Market Outlook - The company anticipates uncertainty in performance due to domestic economic downturn and intensified industry competition[18]