瓦轴B(200706) - 2015 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2015 was ¥582,509,508.85, a decrease of 26.58% compared to ¥793,395,179.56 in the same period last year[6] - The net profit attributable to shareholders was -¥39,057,333.13, representing a 153.85% increase in losses compared to -¥15,385,987.48 in the previous year[6] - The net cash flow from operating activities was -¥62,129,152.74, a significant decline of 2,130.91% from ¥3,059,178.21 in the same period last year[6] - The net profit for the period was -3,905.7 million, representing a 153.9% increase in losses compared to -1,538.6 million in the previous period[13] - Main business revenue decreased by 160.18 million, a decline of 23.1%, impacting gross profit by approximately 10.5 million, with a gross margin of 7.0%, up by 0.1 percentage points year-on-year[13] - Other business income fell by 50.6%, down 50.7 million, with a gross margin of 1.0%, down 12.1 percentage points year-on-year, impacting gross profit by approximately 6.0 million[13] - Financial expenses rose by 84.2% to 1,086.7 million from 589.9 million, driven by increased interest on long-term and short-term loans[13] - Investment income dropped to 0.0 million from 28.6 million, a 100% decrease due to the lack of income from joint ventures[13] - Non-operating income increased by 115.8% to 285.2 million from 132.1 million, mainly from fixed asset disposals and debt restructuring gains[13] - Cash received from operating activities decreased by 50.6% to 346.1 million from 701.1 million, primarily due to reduced scrap income[13] Assets and Shareholder Information - The total assets at the end of the reporting period were ¥3,888,828,846.53, down 1.19% from ¥3,935,819,231.85 at the end of the previous year[6] - The net assets attributable to shareholders decreased by 2.83% to ¥1,342,787,655.59 from ¥1,381,844,988.72 at the end of the previous year[6] - The total number of ordinary shareholders at the end of the reporting period was 8,215[9] - The largest shareholder, Wafangdian Bearing Group, holds 60.61% of the shares, totaling 244,000,000 shares[9] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[10] Investments and Expenditures - The company purchased 51% equity in Dalian SKF Wazhou Bearing Co., Ltd. for 1,125.0 million, marking a significant investment in expansion[13] - The total amount of fixed asset purchases decreased by 85.8% to 438.6 million from 3,080.7 million, reflecting a reduction in capital expenditures[13] - Other receivables increased by 40.2% to 2,693.3 million from 1,921.2 million, primarily due to maintenance costs from equipment accidents and increased prepaid expenses[13] Earnings Per Share and Return on Equity - The company reported a basic earnings per share of -¥0.10, which is a 150.00% increase in losses compared to -¥0.04 in the same period last year[6] - The weighted average return on equity was -2.87%, a decrease of 1.84% compared to -1.03% in the previous year[6]