启明星辰(002439) - 2014 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2014 was CNY 123,100,684.78, an increase of 19.95% compared to CNY 102,628,840.42 in the same period last year[8] - Net profit attributable to shareholders was a loss of CNY 28,891,553.89, an improvement of 23.27% from a loss of CNY 37,655,509.41 year-over-year[8] Cash Flow and Assets - The net cash flow from operating activities was a negative CNY 93,381,893.37, a decrease of 17% compared to the previous year[8] - Total assets at the end of the reporting period were CNY 1,705,365,295.90, down 6.91% from CNY 1,831,920,871.95 at the end of the previous year[8] - Cash and cash equivalents decreased by 56.11% to CNY 270,403,200.81 due to investments in financial products[17] Receivables and Prepayments - Accounts receivable increased by 91.48% to CNY 7,475,768.00, primarily due to the receipt of bank acceptance bills[17] - Prepayments rose by 84.80% to CNY 26,253,045.75, attributed to increased operational procurement[17] - Other current assets increased by 167.89% to CNY 361,700,000.00, mainly due to increased investments in financial products[17] Expenditures and Costs - Development expenditures increased by 104.24% to CNY 16,645,054.20, reflecting higher capitalized development costs[17] - Operating costs for Q1 2014 amounted to ¥44,568,858.75, an increase of 41.20% year-on-year, mainly due to cost increases from specific integration projects[8] - Financial expenses for Q1 2014 were -¥1,079,431.37, an increase of 46.69% year-on-year, primarily due to a decrease in interest income[8] - Investment income for Q1 2014 was -¥1,584,866.60, an increase of 58.16% year-on-year, mainly due to increased investment income from financial products[8] Operating Income and Taxes - Other operating income for Q1 2014 was ¥22,404,291.70, an increase of 35.38% year-on-year, primarily due to increased VAT refunds and government subsidies[8] - Cash received from other operating activities in Q1 2014 was ¥13,629,903.44, an increase of 150.37% year-on-year, mainly due to increased government subsidies[19] - Cash paid for various taxes in Q1 2014 was ¥43,600,724.72, an increase of 33.38% year-on-year, primarily due to increased tax payments[19] - As of March 31, 2014, the amount of taxes payable was ¥57,668,982.65, a decrease of 34.71% compared to the beginning of the period, primarily due to the payment of income tax and business tax[8] Investment Activities - Cash received from investment activities in Q1 2014 was ¥236,450,000.00, with no amount in the same period last year, mainly due to increased recovery of principal from purchased financial products[20] - Cash paid for investment activities in Q1 2014 was ¥12,637,000.00, an increase of 215.93% year-on-year, primarily due to increased external investment amounts[20] Future Outlook - The company expects a net loss of between ¥-45,000,000 and ¥-35,000,000 for the first half of 2014, compared to a net loss of ¥-41,055,100 in the same period of 2013, due to seasonal operational factors[24] Shareholder Information - The number of shareholders at the end of the reporting period was 9,558[11]