WBC(SZ:200706)2014-04-25 16:00Financial Performance - The company's operating revenue for Q1 2014 was ¥793,395,179.56, representing a 1.92% increase compared to ¥778,448,703.22 in the same period last year[7] - The net profit attributable to shareholders was a loss of ¥15,385,987.48, a decline of 178.43% from a profit of ¥19,617,156.49 in the previous year[7] - The net cash flow from operating activities improved to ¥3,059,178.21, compared to a negative cash flow of ¥12,048,122.30 in the same period last year, marking a 125.39% increase[7] - The gross profit margin for the main business declined, with product sales prices decreasing by 4.5 percentage points, leading to a significant drop in net profit[14] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,828,880,319.80, up 2.99% from ¥3,717,797,889.26 at the end of the previous year[7] - Accounts receivable increased by 53.2% due to an increase in forward notes issued to suppliers and a rise in customer repayments[14] - The company reported a 198.1% increase in asset impairment losses, primarily due to the write-off of discrepancies related to a specific account[14] Shareholder Information - The number of shareholders at the end of the reporting period was 9,144, with the largest shareholder holding 60.61% of the shares[10] - The company did not engage in any repurchase agreements during the reporting period[10] Investor Relations - The company engaged in multiple communications with individual investors to discuss its production and operational status during the reporting period[18] - The communications took place on February 19, March 24, March 26, and March 31, 2014[18] - The focus of discussions was primarily on understanding the company's business performance[18]