步森股份(002569) - 2015 Q1 - 季度财报

Financial Performance - Revenue for Q1 2015 was CNY 110,572,048.80, a decrease of 21.01% compared to CNY 139,988,627.05 in the same period last year[9] - Net profit attributable to shareholders was CNY 2,188,746.83, down 46.48% from CNY 4,089,688.09 year-on-year[9] - Basic and diluted earnings per share decreased by 33.33% to CNY 0.02 from CNY 0.03 in the same period last year[9] - Operating profit decreased by 60.07% year-on-year, primarily due to a decrease in operating income[16] - Net profit attributable to the parent company decreased by 46.48% year-on-year, mainly due to a decline in operating income[16] - The company’s total comprehensive income decreased by 47.37% year-on-year, primarily due to a decline in operating income[16] - The company expects a net loss of between -6,000,000 to -1,000,000 yuan for the first half of 2015, compared to a net profit of -33,289,800 yuan in the same period of 2014[24] Cash Flow and Assets - Net cash flow from operating activities improved to CNY 5,796,489.61, a significant increase of 109.30% compared to a negative cash flow of CNY -62,343,779.17 in the previous year[9] - Cash flow from operating activities decreased by 33.61% year-on-year, primarily due to reduced cash payments for goods and services[16] - The company’s cash outflow from financing activities increased by 76.11% year-on-year, mainly due to increased debt repayment[18] - Total assets at the end of the reporting period were CNY 772,281,411.24, down 5.11% from CNY 813,858,415.48 at the end of the previous year[9] - The net assets attributable to shareholders increased slightly by 0.43% to CNY 509,259,229.26 from CNY 507,070,482.43 at the end of the previous year[9] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,677[12] - The largest shareholder, Bosen Group Co., Ltd., held 59.55% of the shares, totaling 83,370,000 shares[12] - There were no significant changes in the shareholding structure or any repurchase transactions among the top ten shareholders during the reporting period[13] Accounts Receivable and Financial Expenses - Accounts receivable increased by 1431.95% compared to the beginning of the year, mainly due to the increased use of notes for settlement with customers[16] - Financial expenses increased by 44.13% year-on-year due to increased borrowing and interest expenses[16] Non-Recurring Items and Restructuring - The company reported non-recurring gains and losses totaling CNY 73,949.51 during the reporting period[10] - The company is currently undergoing a major asset restructuring, with the stock suspended from trading since April 1, 2015[20] - The company’s minority shareholders' equity decreased by 32.61% year-on-year, mainly due to losses from subsidiaries[16]