安泰科技(000969) - 2015 Q1 - 季度财报

Financial Performance - Revenue for Q1 2015 was CNY 958,046,518.90, a decrease of 7.70% compared to CNY 1,037,956,197.07 in the same period last year[8] - Net profit attributable to shareholders was CNY 4,706,274.51, down 27.89% from CNY 6,526,177.22 year-on-year[8] - Net profit excluding non-recurring items was CNY 2,921,314.52, a decline of 49.90% compared to CNY 5,831,432.10 in the previous year[8] - Basic earnings per share decreased by 27.63% to CNY 0.0055 from CNY 0.0076 year-on-year[8] - Operating cash flow for the period was negative CNY 174,457,547.66, worsening by 66.14% from negative CNY 105,008,222.63 in the same period last year[8] Assets and Shareholder Information - Total assets at the end of the period were CNY 8,079,893,840.59, an increase of 4.48% from CNY 7,733,085,517.31 at the end of the previous year[8] - Net assets attributable to shareholders rose by 1.56% to CNY 3,119,063,316.03 from CNY 3,071,077,964.38 at the end of the last year[8] - The total number of ordinary shareholders at the end of the reporting period was 68,782[11] - The largest shareholder, China Steel Research Group Corporation, held 40.78% of the shares, totaling 351,886,920 shares[11] Non-Recurring Items and Other Income - No significant non-recurring gains or losses were reclassified as regular gains or losses during the reporting period[9] - Operating other income increased by 97.55% due to a rise in government subsidies[15] - Investment income was not recognized this period as the company had fully provided for impairment losses on equity investments in the previous year[15] Liabilities and Financial Changes - Prepayments increased by 37.87% due to the company's need to stockpile raw materials for production[15] - Short-term borrowings rose by 62.02% primarily to increase working capital loans[15] - The company reported a significant increase in accounts payable interest by 98.17% due to accrued bond interest not yet due[15] - Other comprehensive income surged by 1,840.41% due to changes in the fair value of available-for-sale financial assets[15] - The company has not engaged in any derivative investments during the reporting period[22] Acquisition and Capital Raising - The company plans to acquire 100% equity of Tianlong Tungsten Molybdenum for a total transaction price of 1,035.88 million yuan, with 10 million yuan paid in cash[17] - The company aims to raise up to 341.96 million yuan through a private placement to support the acquisition, not exceeding 25% of the total transaction amount[17] Dividend Policy - The company has committed to distributing cash dividends of at least 10% of the distributable profit each year, subject to certain conditions[18]