ST浩源(002700) - 2014 Q1 - 季度财报

Revenue and Profit - Revenue for the first quarter reached ¥75,218,054.80, an increase of 7.78% compared to ¥69,790,645.95 in the same period last year[8] - Net profit attributable to shareholders was ¥23,964,516.33, reflecting a growth of 10.62% from ¥21,664,380.96 year-on-year[8] - The expected net profit attributable to shareholders for the first half of 2014 is projected to increase by 10% to 30%, ranging from 44.83 million to 52.98 million yuan[29] - The increase in performance is attributed to the growth in sales performance[29] Cash Flow and Earnings - Net cash flow from operating activities increased by 49.22% to ¥33,377,380.95, up from ¥22,367,600.42 in the previous year[8] - Basic and diluted earnings per share decreased by 31.93% to ¥0.2042, down from ¥0.3 in the same period last year[8] Assets and Liabilities - Total assets at the end of the reporting period were ¥803,540,964.81, a 5.14% increase from ¥764,252,627.32 at the end of the previous year[8] - Net assets attributable to shareholders rose by 3.88% to ¥682,926,422.40, compared to ¥657,436,718.01 at the end of the last year[8] - Accounts receivable increased by 52.73% compared to the end of last year, mainly due to increased receivables from heating boiler users during the heating season[22] - Prepayments increased by 62.64% compared to the end of last year, primarily due to a significant increase in payments for installation materials and engineering construction[22] - Inventory increased by 50.70% compared to the end of last year, mainly due to an increase in materials reserved for courtyard entry projects[22] - Other current assets decreased by 80.16% compared to the end of last year, mainly due to the deduction of tax credits from the previous period, resulting in reduced tax payments this period[22] - Intangible assets increased by 31.76% compared to the end of last year, primarily due to an increase in land use rights[22] - Employee compensation payable decreased by 70.46% compared to the end of last year, mainly due to the payment of year-end bonuses accrued at the end of the previous year[22] Expenses - Management expenses decreased by 57.59% year-on-year, attributed to better cost control measures[17] - Financial expenses saw a significant reduction of 1275.64% compared to the previous year, mainly due to interest from excess funds raised during the 2012 IPO[17] - Non-operating income decreased by 75.92% compared to the same period last year, mainly due to a reduction in government subsidies received[23] - Non-operating expenses decreased by 92.28% compared to the same period last year, mainly due to a significant reduction in compensation payments from the previous period[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,628, with the top ten shareholders holding significant stakes[11] Non-recurring Items - Non-recurring gains and losses totaled ¥248,816.49, including government subsidies and asset disposal gains[9]