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*ST天沃(002564) - 2014 Q1 - 季度财报
THVOWTHVOW(SZ:002564)2014-04-18 16:00

Financial Performance - The company's operating revenue for Q1 2014 was ¥484,712,382.89, representing a 38.04% increase compared to ¥351,129,402.83 in the same period last year[8] - Net profit attributable to shareholders was ¥29,033,543.10, up 22.51% from ¥23,699,291.41 year-on-year[8] - The net profit after deducting non-recurring gains and losses increased by 74.18%, reaching ¥22,536,262.94 compared to ¥12,938,547.63 in the previous year[8] - Operating revenue increased by 38.04% to ¥484.71 million compared to ¥351.13 million in the same period last year, primarily due to expanded sales scale[18] - The company expects net profit attributable to shareholders for the first half of 2014 to increase by 0% to 30%, with an estimated range of ¥5.68 million to ¥7.38 million[22] - The company anticipates steady growth in performance driven by enhanced business expansion capabilities and improved management practices[22] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥99,793,749.06, a significant decline of 1,723.65% from ¥6,146,242.31 in the same period last year[8] - Net cash flow from operating activities decreased by 1723.65% to -¥99.79 million, mainly due to reduced government subsidies and increased cash payments for goods and services[18] - Total assets at the end of the reporting period were ¥6,003,591,711.39, a slight increase of 0.32% from ¥5,984,675,410.30 at the end of the previous year[8] - The net assets attributable to shareholders increased by 1.04% to ¥2,862,750,966.69 from ¥2,833,246,246.51 at the end of the previous year[8] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,246[11] - The largest shareholder, Chen Yuzhong, holds 43.04% of the shares, with 127 million shares pledged[11] Expenses and Costs - Operating costs rose by 34.87% to ¥381.73 million, reflecting the corresponding increase in operating revenue[18] - Management expenses surged by 69.16% to ¥41.16 million, attributed to changes in consolidation scope and increased depreciation and employee-related costs[18] - The company’s interest payable increased by 35.32% to ¥47.70 million, reflecting higher accrued interest on corporate bonds[18] Non-Recurring Items - Non-recurring gains and losses totaled ¥6,497,280.16, primarily from non-current asset disposal gains and government subsidies[9] Investments and Joint Ventures - Investment income reached ¥1.15 million, resulting from returns on purchased financial products[18] - The company has established a joint venture with SES Asia Technology Company, indicating ongoing market expansion efforts[19] Accounts Receivable - The company reported a 55.27% decrease in accounts receivable, primarily due to increased use of acceptance bills for procurement[18]