博云新材(002297) - 2015 Q1 - 季度财报

Revenue and Profit - Revenue for Q1 2015 was ¥72,588,717.39, a decrease of 12.20% compared to ¥82,674,663.06 in the same period last year[8] - Net profit attributable to shareholders was -¥13,830,162.97, representing a decline of 128.79% from -¥6,044,858.52 year-on-year[8] - The expected net profit for the first half of 2015 is projected to be a loss between 22 million yuan and 30 million yuan, compared to a net profit of 2.2958 million yuan in the same period of 2014[19] - The significant loss is attributed to ongoing large investment losses from the joint venture Honeywell Boyun Aviation Systems (Hunan) Co., Ltd., which has increased R&D expenditures for the C919 aircraft project[19] Cash Flow - The net cash flow from operating activities improved by 65.02%, reaching -¥10,332,069.28 compared to -¥29,533,902.47 in the previous year[8] - Other cash received related to operating activities increased by ¥7,520,000, attributed to higher interest income and recovery of receivables[15] - The net cash flow from operating activities increased by 19.2 million yuan compared to the same period last year, mainly due to an increase in sales receipts while the payment for goods decreased[16] - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets decreased by 21.09 million yuan compared to the same period last year, primarily due to reduced equipment purchases and land payments[16] - Cash inflow from financing activities increased by 63.19 million yuan compared to the same period last year, mainly due to an increase in bank working capital loans[16] - Cash outflow for debt repayment decreased by 200.06 million yuan compared to the same period last year, primarily due to the repayment of bank working capital loans after the previous year's fundraising[16] - The net cash flow from financing activities increased by 264.19 million yuan compared to the same period last year, driven by increased cash inflows and significantly reduced outflows[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,779[11] - The largest shareholder, Central South University Powder Metallurgy Engineering Research Center, holds 18.17% of shares, totaling 72,472,129 shares[11] Assets and Investments - Total assets increased by 2.12% to ¥1,773,793,894.42 from ¥1,736,982,043.83 at the end of the previous year[8] - Investment losses increased by ¥8,710,000 compared to the previous year, mainly due to higher R&D expenses in joint ventures[15] - The company reported an increase in prepayments by ¥6,360,000, primarily due to increased material payments[15] Return on Equity - The weighted average return on equity was -1.22%, down from -0.54% in the same period last year, indicating a decline of 0.68%[8] Joint Venture Activities - The joint venture has started trial production and delivery testing of the C919 carbon disc, resulting in corresponding costs being expensed in the current period[19]