凯文教育(002659) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥130,078,167.37, a decrease of 18.73% compared to ¥160,058,121.82 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥10,476,320.63, representing a decline of 228.03% from a profit of ¥8,182,958.25 in the previous year[8] - The basic and diluted earnings per share were both -¥0.03, down 160% from ¥0.05 in the same period last year[8] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,745,499,725.44, an increase of 5.2% from ¥1,659,149,158.68 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 1.62% to ¥579,244,322.04 from ¥588,769,396.58 at the end of the previous year[8] Cash Flow - The net cash flow from operating activities was -¥63,959,165.23, an improvement from -¥94,656,226.54 in the previous year[8] - Cash received from operating activities decreased by 44.76% year-on-year, mainly due to a reduction in customer prepayments[16] - Cash received from other operating activities increased by 10130.17% year-on-year, mainly due to an increase in government subsidies[16] Receivables and Payables - The accounts receivable increased by 42.36% year-on-year, primarily due to the receipt of bank acceptance bills[15] - Prepayments increased by 252.59% year-on-year, primarily due to increased advance payments to suppliers and equipment[16] - Advances from customers rose by 65.35% year-on-year, mainly due to an increase in customer prepayments during the period[16] - Employee compensation payable decreased by 74.92% year-on-year, attributed to a reduction in unpaid wages at the end of the period[16] - Tax payable increased by 67.28% year-on-year, mainly due to a decrease in corporate income tax resulting from losses incurred this year[16] Expenses - Sales expenses decreased by 62.19% year-on-year, primarily due to reduced market development investments[16] - Management expenses increased by 39.21% year-on-year, mainly due to an increase in R&D expenses[16] - Financial expenses increased by 31.80% year-on-year, driven by higher interest payments on corporate bonds and discount interest on notes[16] Operating Income - Operating income increased by 7431.96% year-on-year, primarily due to an increase in government subsidies[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 15,850[10]