天山铝业(002532) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥6,825,089,442.22, a decrease of 1.71% compared to ¥6,943,733,101.44 in the same period last year[4] - Net profit attributable to shareholders increased by 43.55% to ¥719,819,784.57 from ¥501,448,270.72 year-on-year[4] - The net profit after deducting non-recurring gains and losses surged by 125.14% to ¥705,635,157.24 compared to ¥313,427,448.76 in the previous year[4] - Basic and diluted earnings per share rose by 45.45% to ¥0.16 from ¥0.11 year-on-year[4] - The net profit for Q1 2024 was CNY 723,374,449.47, an increase of 42.9% compared to CNY 505,849,046.57 in Q1 2023[19] - The total comprehensive income for Q1 2024 was CNY 723,187,968.11, compared to CNY 504,948,739.10 in the previous year, indicating a growth of 43.3%[19] Cash Flow - The net cash flow from operating activities reached ¥1,053,339,609.25, a significant increase of 952.81% from ¥100,050,047.86 in the same quarter last year[4] - The company reported a significant increase in the net cash flow from operating activities, primarily due to higher profits and a reduction in accounts payable[7] - The cash flow from operating activities showed a net increase of CNY 1,053,339,609.25, significantly higher than CNY 100,050,047.86 in the same period last year[20] - The company’s cash inflow from financing activities was CNY 3,084,748,567.72, a decrease from CNY 3,332,550,000.00 in Q1 2023[21] - The cash outflow from financing activities increased to CNY 3,300,929,113.70, compared to CNY 3,058,171,256.62 in the previous year[21] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥56,872,859,856.85, a slight decrease of 0.39% from ¥57,097,016,803.02 at the end of the previous year[4] - Total liabilities decreased to CNY 32,065,741,856.29, down from CNY 32,988,026,120.80, a reduction of 2.8%[16] - Cash and cash equivalents increased to CNY 7,948,675,212.40 from CNY 7,811,551,592.08, an increase of 1.8%[16] - Inventory decreased to CNY 9,276,050,417.21 from CNY 9,543,302,748.06, a decline of 2.8%[16] - The company reported a decrease in short-term borrowings to CNY 8,670,071,614.09 from CNY 8,813,176,341.93, a reduction of 1.6%[16] Shareholder Information - The company has a total of 67,394 common shareholders as of the end of the reporting period[9] - The largest shareholder, Shihezi Jinlong Energy Industry Chain Co., Ltd., holds 19.63% of the shares, totaling 913,175,412 shares[9] - The second-largest shareholder, Zeng Chaoyi, holds 8.46% of the shares, totaling 393,778,364 shares[9] - The third-largest shareholder, Shihezi Jinhui Energy Investment Co., Ltd., holds 7.42% of the shares, totaling 345,357,966 shares[9] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending[10] - The company has not disclosed any preferred shareholders or their holdings[11] Share Repurchase - The company plans to repurchase shares using between RMB 100 million and RMB 200 million of its own funds through centralized bidding[12] - As of March 29, 2024, the company has repurchased a total of 4.72 million shares, accounting for 0.10% of the total share capital, with a total expenditure of RMB 25.06 million[12] - The first repurchase occurred on February 5, 2024, with 3.01 million shares bought at a maximum price of RMB 5.09 per share[12] Operating Costs - Total operating costs decreased to CNY 5,984,793,694.01, down 8.5% from CNY 6,537,852,426.03 in the same period last year[18] - Research and development expenses were CNY 46,414,224.28, down from CNY 54,593,688.54, a decrease of 15.1%[18] Other Information - The company received government subsidies amounting to ¥14,734,047.57 during the reporting period[5] - The company experienced a 30.77% decrease in notes receivable, attributed to a reduction in the balance of notes received from sales[7] - The company has changed its office address and contact information, with details disclosed on April 8, 2024[13]