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万里扬(002434) - 2014 Q1 - 季度财报
WLYWLY(SZ:002434)2014-04-25 16:00

Financial Performance - Operating revenue for Q1 2014 was CNY 407.83 million, a decrease of 0.75% compared to CNY 410.92 million in the same period last year[8]. - Net profit attributable to shareholders was CNY 51.80 million, an increase of 43.07% from CNY 36.21 million year-on-year[8]. - Basic earnings per share increased by 36.36% to CNY 0.15 from CNY 0.11 in the previous year[8]. - The net profit attributable to shareholders for the first half of 2014 is expected to be between 10,490.3 and 11,988.91 thousand yuan, representing a year-on-year increase of 40% to 60%[20]. - The net profit for the first half of 2013 was 7,493.07 thousand yuan, indicating significant growth in profitability[20]. - The company has improved product profitability through optimization of product structure and enhanced cost control measures[20]. - The utilization of idle funds for financial investments has contributed to an overall increase in the company's profitability[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3.59 billion, up 5.07% from CNY 3.42 billion at the end of the previous year[8]. - Prepayments increased by 651.14% compared to the beginning of the period, mainly due to the financing leasing business of the wholly-owned subsidiary[16]. - Other non-current assets grew by 77.80%, primarily due to increased receivables from financing leases[16]. - Other payables rose by 576.87%, largely due to increased security deposits received from financing leasing business[16]. Cash Flow and Financial Expenses - Net cash flow from operating activities decreased by 153.43% to -CNY 36.58 million, compared to CNY 68.45 million in the same period last year[8]. - Financial expenses decreased by 560.60% year-on-year, attributed to higher interest income from external financial assistance and entrusted loans[16]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,879[11].