北方华创(002371) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥163,587,414.56, representing a decrease of 10.98% compared to the same period last year[8]. - The net profit attributable to shareholders was ¥1,781,112.85, a significant decline of 87.41% year-over-year[8]. - The net profit after deducting non-recurring gains and losses was -¥3,752,247.24, marking a decrease of 135.71% compared to the previous year[8]. - The net cash flow from operating activities was -¥86,272,045.81, reflecting a decline of 152.09% year-over-year[8]. - Basic earnings per share were ¥0.01, down 75% from ¥0.08 in the same quarter last year[8]. - The net profit attributable to shareholders for Q1 2014 was ¥1,781,112.85, a decrease of 87.41% compared to the same period last year, primarily due to a decline in equipment-related business profits and an increase in management expenses[18]. - The net profit for the first half of 2013 was 54.79 million CNY, indicating a significant decline year-over-year[23]. - The decline in performance is attributed to decreased profits in the equipment business and increased management expenses[25]. Assets and Shareholder Information - Total assets at the end of the reporting period were ¥3,718,993,106.74, a decrease of 0.72% from the end of the previous year[8]. - The net assets attributable to shareholders were ¥1,825,997,210.64, showing a slight increase of 0.1% compared to the previous year[8]. - The total number of shareholders at the end of the reporting period was 9,099[11]. - The largest shareholder, Beijing Qixing Huadian Technology Group Co., Ltd., held 50.12% of the shares[11]. Cash Flow and Expenses - Cash and cash equivalents as of March 31, 2014, were ¥130,942,595.45, a decrease of 50.18% compared to the beginning of the year, primarily due to payments for goods and the acquisition of long-term assets[18]. - Cash received from operating activities in Q1 2014 was ¥8,088,360.89, a decrease of 76.73% year-over-year, primarily due to reduced funding from major special projects[18]. - Cash received from borrowings in Q1 2014 was ¥60,110,000.00, an increase of 249.27% compared to the same period last year, due to an increase in short-term borrowings[18]. - Cash paid for debt repayment in Q1 2014 was ¥66,910,000.00, an increase of 42.33% year-over-year, primarily due to increased short-term debt repayments[18]. Non-Recurring Gains and Other Income - The company reported non-recurring gains of ¥5,533,360.09, primarily from government subsidies[9]. - Other operating income for Q1 2014 was ¥6,606,457.20, an increase of 48.12% compared to the same period last year, mainly due to increased government subsidies from the completion of the cleaning machine project[18]. Management Expenses - Management expenses for Q1 2014 were ¥44,132,021.94, an increase of 32.58% year-over-year, mainly due to increased amortization of intangible assets[18]. Intangible Assets - Intangible assets as of March 31, 2014, amounted to ¥712,371,474.60, an increase of 39.29% from the beginning of the year, mainly due to the completion of the cleaning machine project[18]. Exchange Rate Impact - The impact of exchange rate changes on cash and cash equivalents in Q1 2014 was ¥25,298.69, an increase of 469.00% compared to the same period last year, primarily due to exchange rate fluctuations[18].