凯文教育(002659) - 2015 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2015 was ¥100,527,921.15, a decrease of 22.72% compared to ¥130,078,167.37 in the same period last year[8] - Net profit attributable to shareholders was -¥3,438,646.82, an improvement of 67.18% from -¥10,476,320.63 year-on-year[8] - Basic earnings per share improved to -¥0.010, a 66.67% increase from -¥0.030 in the same period last year[8] Cash Flow and Operating Activities - Net cash flow from operating activities increased by 122.70%, reaching ¥14,520,592.97 compared to -¥63,959,165.23 in the previous year[8] - Cash received from sales of goods and services increased by 93.23% compared to the beginning of the period, mainly due to increased customer payments[15] - Other cash received related to operating activities increased by 416.78% compared to the beginning of the period, mainly due to an increase in bid guarantee deposits[16] Assets and Shareholder Information - Total assets at the end of the reporting period were ¥1,942,532,037.59, a decrease of 0.78% from ¥1,957,859,899.11 at the end of the previous year[8] - Net assets attributable to shareholders were ¥598,267,962.95, down 0.57% from ¥601,706,609.77 at the end of the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 9,233[11] - Jiangsu Huanyu Investment held 34.20% of shares, amounting to 106,371,400 shares, with 18,000,000 shares pledged[11] - Jiangsu Hengyuan Real Estate Development Co., Ltd. held 6.60% of shares, totaling 20,538,334 shares[11] - The company reported no significant changes in shareholder agreements or repurchase transactions during the reporting period[12] Receivables and Expenses - The company's accounts receivable notes decreased by 60.55% compared to the beginning of the period, mainly due to the discounting of accounts receivable notes in the first quarter[15] - Long-term receivables increased by 71.06% compared to the beginning of the period, primarily due to an increase in long-term receivables from BT projects[15] - Interest payable increased by 68.96% compared to the beginning of the period, mainly due to the accumulation of unpaid bond interest[15] - Sales expenses increased by 81.15% compared to the beginning of the period, primarily due to increased market development investments[15] - Financial expenses decreased by 47.61% compared to the beginning of the period, mainly due to increased interest income[15] - Asset impairment losses increased by 320.18% compared to the beginning of the period, mainly due to the recovery of long-aged receivables[15] Future Outlook and Market Conditions - The company expects a net loss of between -1,000 and -500 thousand yuan for the first half of 2015, compared to a net loss of -564.95 thousand yuan in the same period of 2014[18] - The company faced intensified industry competition and a significant decline in government fixed asset investment willingness, impacting performance[18]