凯美特气(002549) - 2015 Q1 - 季度财报

Financial Performance - Revenue for the first quarter was CNY 48,229,737.10, an increase of 5.92% compared to CNY 45,532,213.58 in the same period last year[8]. - Net profit attributable to shareholders decreased by 89.35% to CNY 1,052,969.90 from CNY 9,889,505.16 year-on-year[8]. - Net profit excluding non-recurring gains and losses was CNY -46,661.43, a decline of 100.50% compared to CNY 9,370,915.93 in the previous year[8]. - Basic and diluted earnings per share were both CNY 0.0026, a decrease of 89.34% from CNY 0.0244[8]. - The net profit attributable to shareholders for the first half of 2015 is expected to be between 0 and 13.89 million CNY, representing a decrease of 50.00% to 100.00% compared to 27.78 million CNY in the same period of 2014[26]. - The decline in net profit is attributed to the suspension of operations at the wholly-owned subsidiary Changling Kaimeite Gas Co., Ltd. and significant price drops in the market for products from the Anqing Phase II project due to adverse economic conditions[26]. - Increased management expenses during the construction period of the Hainan and Fuzhou projects also contributed to the decline in performance[26]. Cash Flow and Assets - Operating cash flow net amount was CNY 12,167,234.39, down 16.23% from CNY 14,525,120.69 in the same period last year[8]. - Total assets at the end of the reporting period were CNY 1,191,613,659.61, a slight decrease of 0.30% from CNY 1,195,202,343.85 at the end of the previous year[8]. - Cash and cash equivalents at the end of the period were 144.81 million CNY, a decrease of 37.99 million CNY or 20.78% from the beginning of the period, primarily due to reduced funding for the Hainan Kaimete project[16]. - Deferred tax assets at the end of the period were 16.73 million CNY, an increase of 2.58 million CNY or 18.19%, mainly due to increased tax losses at Anqing Kaimete and Changling Kaimete[17]. Shareholder Information - Net assets attributable to shareholders increased by 0.11% to CNY 827,759,052.62 from CNY 826,857,132.61 at the end of the previous year[8]. - The total number of ordinary shareholders at the end of the reporting period was 11,067[12]. - The largest shareholder, Haoxun Technology Co., Ltd., holds 64.51% of the shares, totaling 261,262,500 shares[12]. Liabilities and Expenses - Accounts payable at the end of the period were 40.95 million CNY, a decrease of 13.68 million CNY or 25.04%, primarily due to reduced payable project funds at Hainan Kaimete[17]. - Other current liabilities at the end of the period were 3.94 million CNY, an increase of 2.61 million CNY or 196.23%, mainly due to increased prepayment for raw gas at Anqing Kaimete[17]. - Operating costs for the period were 23.97 million CNY, an increase of 6.69 million CNY or 38.69% compared to the same period last year, primarily due to increased costs of liquefied gas and hydrogen[17]. - Management expenses for the period were 17.71 million CNY, an increase of 4.68 million CNY or 35.88%, mainly due to increased management costs during the setup phase of Hainan and Fujian Kaimete companies[17]. - Financial expenses for the period were 1.19 million CNY, an increase of 864,400 CNY or 268.02%, primarily due to increased interest expenses from loans taken by Hunan Kaimete[18]. Inventory and Receivables - Accounts receivable notes at the end of the period were 4.70 million CNY, an increase of 1.70 million CNY or 56.53%, mainly due to an increase in customers using bank acceptance bills for settlement[16]. - Inventory at the end of the period was 26.49 million CNY, an increase of 5.77 million CNY or 27.87%, primarily due to an increase in inventory goods[16]. - Construction in progress at the end of the period was 177.02 million CNY, an increase of 56.14 million CNY or 46.45%, mainly due to ongoing projects including Hainan Kaimete and CO2 transformation projects[16].