ZRC(000506)2024-11-26 12:56Financial Performance - The company's operating revenue for Q1 2024 was ¥49,983,508.93, a decrease of 29.48% compared to ¥70,876,731.03 in the same period last year[6] - The net profit attributable to shareholders was -¥29,895,876.01, representing an improvement of 21.11% from -¥37,898,030.05 year-on-year[6] - The net cash flow from operating activities improved significantly, with a net outflow of -¥1,134,150.97, a decrease of 89.07% compared to -¥10,380,561.09 in the previous year[6] - The total operating revenue for Q1 2024 was CNY 49,983,508.93, a decrease of 29.5% compared to CNY 70,876,731.03 in the same period last year[23] - The total operating costs for Q1 2024 were CNY 84,780,295.59, down from CNY 116,973,536.76 year-over-year[23] - The net profit for the first quarter was -36,544,390.30, compared to -43,690,061.93 in the previous year, showing an improvement of approximately 16.5%[27] - Total operating profit was -34,815,546.01, slightly better than -40,005,183.44 from the same period last year[27] - Total comprehensive income for the period was -49,471,989.32, compared to -44,800,771.75 in the previous year[29] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,269,455,229.17, down 1.18% from ¥2,296,588,746.85 at the end of the previous year[6] - The total liabilities increased to CNY 1,019,918,914.40 from CNY 997,580,442.76[23] - The total equity attributable to shareholders decreased to CNY 632,342,078.62 from CNY 673,447,167.57[23] - The company's cash and cash equivalents at the end of Q1 2024 were CNY 4,995,553.92, a decrease from CNY 5,225,880.05 at the beginning of the quarter[20] - The company reported a decrease in inventory to CNY 83,416,161.72 from CNY 83,287,149.61[20] - The accounts payable increased to CNY 75,480,608.76 from CNY 70,540,000.28[20] - The company’s other receivables rose to CNY 110,496,381.56 from CNY 109,441,426.74[20] - The company’s non-current assets totaled CNY 2,054,504,576.25, down from CNY 2,067,187,094.34[20] Earnings and Cash Flow - The basic earnings per share improved by 25.00%, from -¥0.04 to -¥0.03[6] - The weighted average return on net assets improved to -4.58% from -6.08% in the previous year[6] - Cash flow from operating activities was -1,134,150.97, an improvement from -10,380,561.09 in the previous year[33] - Cash outflow from operating activities totaled 61,093,573.88, compared to 85,882,241.91 in the previous year[33] - The company reported a decrease in cash flow from investing activities, with a net outflow of -5,087,208.39 compared to -4,011.60 last year[33] - Cash and cash equivalents at the end of the period were 2,823,898.35, up from 1,748,753.91 in the previous year[33] - The company received cash from sales of 43,995,677.19, down from 46,655,838.40 in the previous year[30] Operational Highlights - The company's gold sales volume increased by 3.15% compared to the same period last year, contributing to a 19.15% increase in gold sales revenue[10] - The company reported a significant increase in non-operating expenses, which rose by 179.37% year-on-year due to provisions for other litigation liabilities[10] Other Information - The first quarter report of Zhongrun Resources Investment Co., Ltd. is unaudited[36] - The new accounting standards will be implemented starting from 2024, affecting the financial statements from the beginning of the year[36] - The legal representative of the company is Zheng Yuzhi[37] - The company is preparing for the execution of new accounting standards in the upcoming fiscal year[36] - There are no specific performance summaries or user data provided in the documents[36][37] - Future outlook and performance guidance details are not available in the current documents[36][37] - No information on new product or technology development is mentioned[36][37] - There are no updates on market expansion or mergers and acquisitions[36][37] - The documents do not provide any new strategic initiatives[36][37] - The company has not disclosed any financial metrics or percentages in the provided content[36][37]