蓝丰生化(002513) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥307,289,734.45, a decrease of 8.15% compared to ¥334,540,268.51 in the same period last year[8]. - Net profit attributable to shareholders was ¥2,401,968.14, down 84.69% from ¥15,689,380.05 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥1,590,028.47, representing a decline of 87.93% from ¥13,177,352.13 in the previous year[8]. - The net cash flow from operating activities was ¥26,313,684.56, a decrease of 56.11% compared to ¥59,952,394.28 in the same period last year[8]. - Basic and diluted earnings per share were both ¥0.01, down 85.71% from ¥0.07 in the previous year[8]. - The weighted average return on equity was 0.2%, down 1.12% from 1.32% in the same period last year[8]. - Net profit attributable to shareholders for the first half of 2014 is expected to decrease by 80% to 40%, with a range of 553.83 to 1661.5 million yuan, compared to 2769.17 million yuan in the same period of 2013[22]. - The company anticipates a decline in gross margins for major products due to intense market competition[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,625,477,209.81, an increase of 1.42% from ¥2,588,610,379.42 at the end of the previous year[8]. - The total number of shareholders at the end of the reporting period was 13,401[11]. - Other current liabilities decreased by 61.42% compared to the beginning of the year, primarily due to reduced energy settlements from the Ningxia company[16]. - Accounts receivable decreased by 87.71% compared to the beginning of the year, primarily due to changes in the company's settlement methods[16]. - Other receivables decreased by 56.02% compared to the beginning of the year, mainly due to reduced export tax rebates[16]. - Prepaid accounts increased by 32.68% compared to the beginning of the year, mainly due to increased advance payments for raw materials[16]. Cash Flow and Dividends - Cash and cash equivalents increased by 45.04% compared to the beginning of the year, mainly due to increased margin deposits from the Ningxia company[16]. - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets decreased by 94.92% year-on-year, mainly due to a reduction in engineering projects[16]. - Cash received from tax refunds increased by 72.37% year-on-year, primarily due to increased export tax rebates[16]. - The company declared a cash dividend of ¥0.2 per 10 shares, totaling ¥4,262,400.00, based on a total share capital of 21,312,000 shares[14]. Tax and Expenses - Operating tax and surcharges increased by 5400.79% year-on-year, primarily due to increased VAT payments[16].