沃顿科技(000920) - 2014 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2014 was ¥421,911,411.96, representing a 13.29% increase compared to ¥372,414,404.49 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥3,978,190.93, which is a 78.83% increase in loss compared to a loss of ¥2,224,606.49 in the previous year[5] - The net profit attributable to the parent company decreased by 78.83% year-on-year, primarily due to a lack of orders for newly manufactured vehicles leading to a decline in sales revenue during the reporting period[17] Cash Flow - The net cash flow from operating activities improved by 63.11%, with a net outflow of ¥38,069,596.66 compared to ¥103,205,907.29 in the same period last year[5] - Net cash flow from operating activities increased by 63.11% year-on-year, mainly due to the recovery of prior period receivables during the reporting period[17] - Cash outflow from investing activities increased by 99.34% year-on-year, primarily due to increased investments in subsidiary plant construction and fixed assets during the reporting period[17] - Cash inflow from financing activities decreased by 50.00% year-on-year, mainly due to reduced borrowings during the reporting period[17] Assets and Liabilities - Total assets decreased by 6.2% to ¥2,317,998,317.91 from ¥2,471,210,257.60 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 3.26% to ¥1,045,224,188.98 from ¥1,080,476,927.94 at the end of the previous year[7] - Accounts receivable decreased by 30.85% compared to the beginning of the year, primarily due to the collection of previous receivables[12] - Prepayments increased by 74.82% compared to the beginning of the year, mainly due to an increase in advance payments for materials[12] - Other receivables increased by 43.57% compared to the beginning of the year, mainly due to an increase in receivables from transactions[14] - Interest payable increased by 113.78% compared to the beginning of the year, mainly due to unpaid loan interest during the reporting period[17] Expenses - Operating tax and additional fees increased by 108.1% year-on-year, primarily due to increased revenue from subsidiaries during the reporting period[17] - Sales expenses rose by 52.09% year-on-year, mainly due to increased marketing expenses of subsidiaries during the reporting period[17] - Financial expenses increased by 35.34% year-on-year, primarily due to increased short-term borrowings and interest expenses during the reporting period[17] - Income tax expenses increased by 51.25% year-on-year, primarily due to increased profits from subsidiaries during the reporting period[17] Shareholder Information - The total number of shareholders at the end of the reporting period was 28,391[9] - The largest shareholder, China South Locomotive & Rolling Stock Corporation, held 42.64% of the shares, totaling 179,940,000 shares[9] Non-Operating Income - Non-operating income surged by 1206.31% year-on-year, mainly due to increased government subsidies during the reporting period[17]