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明牌珠宝(002574) - 2015 Q1 - 季度财报
Ming JewelryMing Jewelry(SZ:002574)2015-04-26 16:00

Financial Performance - The company's operating revenue for Q1 2015 was ¥2,019,989,053.82, representing a decrease of 28.64% compared to the same period last year[8]. - Net profit attributable to shareholders was ¥48,802,010.83, down 46.05% year-over-year[8]. - Basic and diluted earnings per share were both ¥0.09, a decrease of 47.06% from the same period last year[8]. - The weighted average return on equity was 1.60%, down 1.50% from the previous year[8]. - The net profit attributable to shareholders for the first half of 2015 is expected to decline by 53.22% to 33.17%, with a range of 7,000 to 10,000 thousand yuan[18]. - Sales revenue is anticipated to decrease, with expected increases in marketing expenses and prior investments by subsidiaries contributing to the profit decline[18]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥227,753,509.97, a decline of 189.09% compared to the previous year[8]. - Cash and cash equivalents decreased by 44.12%, primarily due to the purchase of financial products[16]. - Cash received from operating activities decreased by 31.49%, reflecting a reduction in sales revenue and collectible receivables[16]. - Total assets at the end of the reporting period were ¥4,998,546,882.18, a slight decrease of 0.08% from the end of the previous year[8]. - Net assets attributable to shareholders increased by 1.61% to ¥3,093,651,238.91 compared to the end of the previous year[8]. Receivables and Other Assets - Accounts receivable increased by 58.05%, attributed to the sales peak in Q1 and extended credit terms due to market downturn[16]. - Other receivables increased by 46.33%, mainly due to an increase in guarantee deposits[16]. - Prepayments decreased by 86.54%, primarily due to a reduction in VAT prepayments to the Shanghai Gold Exchange[16]. - Other current assets increased by 47.00%, mainly due to recoverable VAT and purchases of bank financial products[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,035[12]. - The top two shareholders held significant stakes, with Zhejiang Riyue Jewelry Group Co., Ltd. at 29.96% and Yongsheng International Investment Group Co., Ltd. at 21.80%[12]. Non-Recurring Items and Investments - The company reported non-recurring gains and losses totaling ¥3,918,243.53 for the period[9]. - Investment income increased by 114.86%, driven by higher returns from financial products[16]. - The company has no securities investments or holdings in other listed companies during the reporting period[19][20].