维信诺(002387) - 2014 Q1 - 季度财报(更新)

Financial Performance - The company's revenue for Q1 2014 was ¥159,661,682.81, a decrease of 25.35% compared to ¥213,866,120.56 in the same period last year[9] - Net profit attributable to shareholders was ¥6,468,278.83, down 42.81% from ¥11,311,057.02 year-on-year[9] - Basic and diluted earnings per share were both ¥0.021, a decrease of 41.67% from ¥0.036 in the same period last year[9] - Total operating revenue for Q1 2014 was CNY 159,661,682.81, a decrease of 25.3% compared to CNY 213,866,120.56 in the previous period[42] - The company's net profit for Q1 2014 was not explicitly stated, but the decrease in revenue and costs indicates a challenging financial environment[42] - The total profit for Q1 2014 was CNY 7,982,841.56, down from CNY 14,205,412.85 in the previous year, marking a decrease of around 43.5%[44] Cash Flow - The net cash flow from operating activities was -¥102,895,043.94, representing a decline of 228.44% compared to -¥31,328,762.03 in the previous year[9] - The company's operating cash flow for Q1 2014 was negative CNY 102,895,043.94, compared to negative CNY 31,328,762.03 in the previous year, indicating a worsening cash flow situation[53] - Cash inflow from operating activities totaled ¥62,865,658.75, while cash outflow was ¥122,738,332.09, leading to a negative cash flow from operations[56] - The net increase in cash and cash equivalents was -¥73,987,262.12, compared to an increase of ¥195,213,520.78 in the previous year[58] - The ending balance of cash and cash equivalents was ¥77,677,819.10, down from ¥428,189,929.43 at the end of the previous year[58] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,802,305,711.52, a slight increase of 0.17% from ¥1,799,328,336.02 at the end of the previous year[9] - Total liabilities amounted to CNY 433,029,944.70, a slight decrease of 0.1% from CNY 436,520,848.03 in the previous period[35] - Non-current assets totaled CNY 1,094,900,172.46, an increase of 1.5% from CNY 1,083,701,116.02 at the beginning of the period[35] - The company's total current assets decreased slightly from 715,627,220.00 yuan at the beginning of the period to 707,405,539.06 yuan at the end of the period[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 16,015, with the largest shareholder holding 47.1% of the shares[12] - The net profit attributable to shareholders for the first half of 2014 is expected to range from 6.5 million to 8.5 million yuan, representing a year-on-year increase of 1,929.35% to 2,553.76%[26] Investment Activities - The company received a total of 158.8 million yuan in compensation for land expropriation, with 67.8 million yuan received on February 17, 2014, and 91 million yuan on April 18, 2014[21] - The total cash outflow from investment activities was 208,080,720.14 yuan, an increase of 64.64% compared to the previous period, primarily due to payments for land acquisition[20] - The company successfully acquired state-owned land use rights for a total price of 366,843,821.78 yuan[21] Financial Expenses - The company reported a significant increase in financial expenses by 235.37%, from ¥1,079,262.33 to ¥3,619,565.12, due to interest accrual on corporate bonds[19] - The company's financial expenses increased to CNY 3,930,298.24 in Q1 2014 from CNY 1,959,624.78 in the previous year, representing an increase of about 100%[47] Inventory and Receivables - Accounts receivable increased by 186.99%, from ¥14,655,311.48 to ¥42,058,852.20, attributed to extended credit terms for quality customers[17] - The company’s inventory decreased from 155,248,543.93 yuan to 138,836,510.59 yuan, indicating improved inventory management[31] - The company’s receivables increased significantly, with accounts receivable rising from 14,655,311.48 yuan to 42,058,852.20 yuan[31] Other Information - The company did not conduct an audit for the first quarter report[58] - The subsidiary, Shenyang Heiniu Investment Co., Ltd., has expanded its business scope to include project investment management and real estate development[22]