西子洁能(002534) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥681,785,889.10, a decrease of 57.72% compared to ¥1,612,484,693.69 in the same period last year[9] - Net profit attributable to shareholders was ¥36,287,851.50, down 51.4% from ¥74,670,037.40 year-on-year[9] - Basic earnings per share decreased by 52.63% to ¥0.09 from ¥0.19 in the same period last year[9] - The weighted average return on equity was 1.38%, a decrease of 1.42% from 2.8% in the previous year[9] - The expected net profit attributable to shareholders for the first half of 2014 is projected to be between 6,054.72 and 12,109.44 million yuan, indicating a decrease of up to 50% compared to the previous year[25] - The decline in net profit is attributed to a decrease in sales revenue[25] Cash Flow - The net cash flow from operating activities was negative at -¥319,439,578.19, a decline of 532.31% compared to ¥73,890,474.25 in the previous year[9] - The net cash flow from operating activities for the first quarter of 2014 was -319,439,578.19, a decrease of 531.5% compared to 73,890,474.25 in the same period last year[22] - The net cash flow from investing activities was -126,838,540.67, a decline of 219.59% from 106,062,831.86 in the previous year, primarily due to the purchase of bank financial products[22] - The net cash flow from financing activities decreased by 99.15%, amounting to -826,843.40, as the company repaid less bank loans compared to the same period last year[22] Asset Management - Total assets at the end of the reporting period were ¥6,715,043,521.07, down 3.72% from ¥6,974,620,147.99 at the end of the previous year[9] - The company reported a significant increase in asset impairment losses, which rose by 1710.59% to ¥20,380,993.43 from -¥1,265,432.67 in the previous year[19] Shareholder Information - The company had a total of 13,881 shareholders at the end of the reporting period[13] - The largest shareholder, Xizi Elevator Group Co., Ltd., held 44.99% of the shares, totaling 180,194,420 shares[13] Expenses - Sales expenses decreased by 32.39% to ¥8,627,043.56 from ¥12,759,420.35 in the previous year, primarily due to the reversal of previously accrued warranty provisions[19]