凯文教育(002659) - 2014 Q1 - 季度财报(更新)

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 net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥11,312,051.67, down 238.42% from ¥8,172,060.00 in the same period last year[8] - The basic and diluted earnings per share were both -¥0.03, a decrease of 160% compared to ¥0.05 in the previous year[8] - The total comprehensive income for Q1 2014 was -¥10,540,941.67, compared to ¥8,243,345.87 in the previous year, reflecting a substantial drop in overall financial performance[35] - The total profit before tax for Q1 2014 was a loss of ¥12,996,339.81, compared to a profit of ¥9,579,352.68 in the same period last year[35] 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] - Current assets totaled CNY 1,218,288,550.13, an increase from CNY 1,133,001,200.61 in the previous year, reflecting a growth of 7.5%[28] - Total liabilities increased to CNY 1,243,242,781.07 from CNY 1,123,189,247.35, representing a rise of 10.7% year-over-year[29] - The company's total assets reached CNY 1,784,723,291.25, up from CNY 1,675,010,374.43, indicating a growth of 6.5%[29] Cash Flow - The company reported a net cash flow from operating activities of -¥63,959,165.23, an improvement from -¥94,656,226.54 in the previous year[8] - Cash flow from operating activities showed a net outflow of -¥63,959,165.23, an improvement from -¥94,656,226.54 in the same quarter last year[39] - The net cash flow from investing activities was -$13.22 million, an improvement from -$47.01 million in the previous period[42] - The net cash flow from financing activities was $22.69 million, down from $28.15 million in the previous period[42] Shareholder Information - The number of shareholders at the end of the reporting period was 15,850[10] - The top shareholder, Jiangsu Huanyu Investment Development Co., Ltd., held 34.2% of the shares, totaling 106,371,400 shares[11] Expenses - Sales expenses decreased by 62.19% year-on-year, attributed to reduced market development investments[15] - Management expenses increased by 39.21% year-on-year, mainly due to higher R&D expenditures[15] - Financial expenses increased by 31.80% year-on-year, driven by increased interest payments on corporate bonds and discount interest[15] Other Financial Metrics - Non-recurring gains and losses amounted to ¥835,731.04, primarily from government subsidies and other income[9] - Prepayments increased by 252.59% year-on-year, primarily due to increased advance payments to suppliers and equipment[15] - Receivables from customers increased by 65.35% year-on-year, indicating a rise in customer prepayments during the period[15] - Employee compensation payable decreased by 74.92% year-on-year, mainly due to a reduction in unpaid wages at the end of the period[15] - Tax payable increased by 67.28% year-on-year, primarily due to a decrease in corporate income tax resulting from losses incurred this year[15]