达实智能(002421) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥194,159,194.60, representing a 21.21% increase compared to ¥160,188,526.23 in the same period last year[10] - The net profit attributable to shareholders was ¥12,351,763.77, up 15.50% from ¥10,694,408.01 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥9,976,260.24, which is a significant increase of 38.53% from ¥7,201,699.02 in the previous year[10] - The basic earnings per share increased to ¥0.0592, reflecting a growth of 15.63% compared to ¥0.0512 in the same quarter last year[10] - The net profit attributable to shareholders for the first half of 2014 is expected to range from 29,324,000 to 34,655,700, representing a growth of 10% to 30% compared to 26,658,200 in the same period of 2013[24] Assets and Shareholder Information - The total assets at the end of the reporting period were ¥1,480,088,052.00, a slight increase of 0.64% from ¥1,470,609,407.44 at the end of the previous year[10] - The net assets attributable to shareholders rose to ¥786,503,213.09, marking a 1.64% increase from ¥773,846,216.08 at the end of the last fiscal year[10] - The company had a total of 9,130 shareholders at the end of the reporting period[13] - The largest shareholder, Shenzhen Das Investment Development Co., Ltd., held 29.04% of the shares, amounting to 60,639,626 shares[13] Cash Flow and Expenses - The net cash flow from operating activities was negative at -¥54,181,922.47, a significant decline compared to -¥5,933,961.23 in the same period last year, representing a decrease of 813.08%[10] - Financial expenses increased by 988,166.32, a 223% rise, primarily due to interest payments on short-term bank loans[18] - The company reported a significant increase in cash paid for purchasing goods and services, totaling 78,839,175.09, a 56.78% increase due to increased project investments[18] Investments and Development - Inventory increased by 58,075,828.82, a rise of 30.91%, mainly due to ongoing investments in construction projects during the reporting period[18] - Development expenses rose to 22,368.24, a 100% increase, as research projects transitioned to the development phase[18] - Short-term borrowings increased by 45,000,000.00, a 90% rise, due to loans taken by the parent company and subsidiaries[18] - Prepayments increased by 30,899,344.46, a 38.67% increase, attributed to a higher number of new project prepayments[18] - The company acquired 100% of Shanghai Tenglong Transformer Equipment Management Co., Ltd., paying 17,100,000.00 for the acquisition[19] Share Issuance and Regulatory Matters - The company plans to issue 47 million A-shares at a price of 16.33 per share, with the chairman and a director as the main subscribers[21] - The company received a notice of acceptance for its administrative license application from the China Securities Regulatory Commission regarding the non-public offering of shares[20] - The company reported non-recurring gains of ¥2,375,503.53 during the reporting period[11]