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勤上股份(002638) - 2014 Q1 - 季度财报
KINGSUN SHAREKINGSUN SHARE(SZ:002638)2014-04-23 16:00

Financial Performance - Revenue for Q1 2014 was CNY 248,948,689.36, an increase of 10.53% compared to CNY 225,231,120.29 in the same period last year[9] - Net profit attributable to shareholders decreased by 13.44% to CNY 24,418,217.87 from CNY 28,208,156.30 year-on-year[9] - Basic earnings per share fell by 18.75% to CNY 0.065 from CNY 0.08 in the previous year[9] - Net cash flow from operating activities showed a significant improvement, decreasing by 97.42% to -CNY 1,581,925.26 from -CNY 61,206,556.11 year-on-year[9] - The net profit attributable to shareholders for the first half of 2014 is expected to range from 46.4 million to 62.78 million CNY, reflecting a change of -15% to 15% compared to the same period in 2013[22] - The net profit for the first half of 2013 was 54.59 million CNY, indicating potential growth in revenue for the upcoming period[22] - The expected performance for the first half of 2014 does not indicate a turnaround situation, as the net profit is projected to be positive[22] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 3,195,065,121.89, a slight increase of 0.47% from CNY 3,180,177,009.70 at the end of the previous year[9] - Net assets attributable to shareholders increased by 1.23% to CNY 2,241,186,769.73 from CNY 2,214,023,095.21 at the end of the previous year[9] - The total number of shareholders at the end of the reporting period was 23,977[11] - The largest shareholder, Dongguan Kingsun Group Co., Ltd., held 26.94% of the shares, with 100,947,015 shares pledged[11] Regulatory and Compliance Issues - The company faced media scrutiny regarding alleged undisclosed related-party transactions and has been cooperating with regulatory investigations[18] - The company has not yet received the results of the ongoing investigation as of the end of the reporting period[18] - The commitments made by major shareholders are being strictly fulfilled during the reporting period[20] - There are no unfulfilled commitments reported, indicating a stable compliance environment[20] - The company has a long-term commitment to avoid conflicts of interest with its major shareholders[20] - The company is focused on maintaining transparency and accountability to its minority shareholders[20] Future Outlook - The company anticipates future revenue growth, although the industry gross margin remains at a low level[22] - The company continues to monitor market conditions and adjust strategies accordingly to enhance profitability[22] - The company has made commitments to avoid engaging in competitive businesses that could affect its main operations[20]