*ST京蓝(000711) - 2014 Q2 - 季度财报(更新)

Financial Performance - The company achieved operating revenue of CNY 38,380,245.72, an increase of 28.81% compared to the same period last year[18]. - The net profit attributable to shareholders was CNY -21,577,310.39, representing a decrease of 177.78% year-on-year[18]. - The net cash flow from operating activities was CNY 748,889.00, a significant improvement of 281.72% compared to the previous year[18]. - The basic earnings per share were CNY -0.13, a decrease of 160.00% compared to the same period last year[18]. - The weighted average return on net assets was -6.85%, a decline of 4.70% year-on-year[18]. - Revenue for the reporting period reached ¥38,380,245.72, a year-on-year increase of 28.81% due to increased sales of raw coal from coal mines[29]. - Operating costs rose to ¥14,955,075.21, reflecting a significant increase of 90.24% attributed to higher raw coal sales costs[29]. Asset Management - Total assets at the end of the reporting period reached CNY 1,228,435,282.49, an increase of 12.04% from the end of the previous year[18]. - The company has multiple subsidiaries engaged in mining and trading, with significant losses reported across these entities[43]. - The total planned investment for the Bijie City Yaguang Coal Mine project is CNY 112,000,000, with a cumulative actual investment of CNY 93,308,537.94, representing 83.31% completion[45]. - The company has a total investment of RMB 38,000,000.00 in Guangxi Tianyang Tianlun Mining Co., Ltd., holding a 55.00% stake[168]. - The company has a total of RMB 303,240,000.00 in investment in Guizhou Panzhou Water Pond Xiaowazi Coal Mine, holding an 80.00% stake[169]. Corporate Actions - The company obtained the qualification for coal mine mergers and acquisitions in Guizhou Province, marking a significant progress in its restructuring efforts[26]. - The company terminated agreements with five coal mines and signed agreements with three coal mines to optimize its asset structure[26]. - The company’s stock has been suspended since May 5, as it is planning a major asset restructuring[26]. - The company plans not to distribute cash dividends or issue bonus shares for this period[5]. - The company has not made any significant changes to its profit structure or sources during the reporting period[30]. Legal and Compliance - There are ongoing legal proceedings involving a claim for CNY 5,000,000 related to wage reimbursements, which is currently in progress[52]. - The company is focused on improving its governance structure and compliance with relevant regulations[51]. - The company has not disclosed any media controversies during the reporting period[53]. - The company has no violations regarding external guarantees during the reporting period[66]. - The company does not face any risks of delisting due to violations during the reporting period[72]. Financial Reporting and Accounting - The semi-annual financial report has not been audited[71]. - The financial report for the half-year period has not been audited[90]. - The company adheres to the Chinese Accounting Standards, ensuring that its financial statements reflect a true and fair view of its financial position and performance[99]. - The company has not changed its accounting policies or estimates during the reporting period[161]. - The company’s financial statements reflect the impact of deferred income tax assets and liabilities on its overall financial position[157]. Investments and Subsidiaries - The company has established several subsidiaries, including Guangzhou Tianlida Industrial Co., Ltd. with a registered capital of 22 million yuan, focusing on building materials and decoration[165]. - The company has invested 82.58 million yuan in Guangzhou Runlong Real Estate Co., Ltd., which is engaged in real estate sales[165]. - The company has a 100% ownership stake in its subsidiaries, ensuring full consolidation in financial reporting[165]. Cash Flow and Receivables - The company reported a total cash balance of RMB 154,429,294.69 at the end of the reporting period, compared to RMB 38,652,439.63 at the beginning[173]. - The accounts receivable balance at the end of the period is CNY 79,603.90 million, with a bad debt provision of CNY 3,980.19 million, representing 5.00% of the total[178]. - Other receivables total CNY 14,821.73 million, with a bad debt provision of CNY 3,232.66 million, which is approximately 21.78% of the total[185]. - The provision for bad debts on other receivables includes a significant amount of CNY 2,000,000.00 for Beijing Guoxin Investment Management Co., Ltd., reflecting a 100% provision due to low recovery expectations[187]. Inventory and Assets Management - The ending balance of raw materials decreased to ¥706,572.02 from ¥1,042,597.79 at the beginning of the period, reflecting a significant reduction[197]. - The total amount of deductible input tax and other additional taxes decreased to ¥1,017,357.59 from ¥1,262,768.80[199]. - The impairment of inventory is assessed based on the estimated net realizable value, with provisions made for items that are damaged or obsolete[122].