*ST天沃(002564) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was ¥428,692,423.79, a decrease of 11.56% compared to ¥484,712,382.89 in the same period last year[9] - The net profit attributable to shareholders was ¥22,131,325.38, down 23.77% from ¥29,033,543.10 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥20,544,551.96, reflecting an 8.84% decrease from ¥22,536,262.94 in the previous year[9] - The basic earnings per share were ¥0.030, down 23.08% from ¥0.039 in the same period last year[9] - The diluted earnings per share also stood at ¥0.030, reflecting a 23.08% decrease compared to the previous year[9] - The weighted average return on equity was 0.76%, down from 1.02% in the same period last year, a decline of 0.26%[9] Cash Flow and Assets - The net cash flow from operating activities improved significantly to -¥10,964,830.55, an 89.01% increase from -¥99,793,749.06 in the same period last year[9] - The total assets at the end of the reporting period were ¥6,845,933,628.78, a slight decrease of 0.61% from ¥6,888,180,204.82 at the end of the previous year[9] - The net assets attributable to shareholders increased by 0.80% to ¥2,913,111,782.24 from ¥2,890,041,184.02 at the end of the previous year[9] - Accounts receivable decreased by 40.77% to ¥75,100,655.25 due to endorsement transfer of notes[16] - Prepaid expenses increased by 30.99% to ¥153,904,418.11 primarily due to increased advance payments for materials[16] - Other current assets decreased by 65.00% to ¥28,000,000.00 as a result of the maturity of financial products[16] - Long-term borrowings increased by 94.34% to ¥103,000,000.00 due to the optimization of the debt structure with additional bank loans[16] Expenses and Income - Sales expenses decreased by 33.08% to ¥4,652,984.73 as a result of enhanced internal management and cost control[16] - Investment income increased by 33.80% to ¥1,543,054.87 due to higher returns from financial products[16] - Cash flow from investing activities increased by 132.05% to ¥19,322,199.24 due to the maturity of financial products and reduced cash payments for fixed asset purchases[16] Future Outlook and Management - The company expects net profit attributable to shareholders for the first half of 2015 to range from ¥42,675,100 to ¥55,477,600, representing a change of 0.00% to 30.00%[21] - The company is actively pursuing internal management reforms to enhance profitability and reduce costs[21]