ST天顺(002800) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥171,518,930.60, a decrease of 46.09% compared to ¥318,177,959.13 in the same period last year[5] - Net profit attributable to shareholders increased significantly to ¥3,829,143.70, up 536.72% from ¥601,381.35 year-on-year[5] - Basic and diluted earnings per share rose to ¥0.0352, reflecting a 540.00% increase from ¥0.0055 in the prior year[5] - The net profit for Q1 2024 was CNY 5,343,306.32, an increase of 7.36% compared to CNY 4,977,091.99 in the previous period[22] - The total profit for Q1 2024 was CNY 6,042,923.97, a decrease of 11.77% from CNY 6,850,674.89 in the previous period[22] - The operating profit decreased to CNY 5,980,516.83, down 15.77% from CNY 7,098,449.87 in the previous period[22] Cash Flow and Assets - The net cash flow from operating activities was ¥5,176,107.28, a turnaround from a negative cash flow of -¥52,636,036.69 in the previous year, representing a 109.83% improvement[5] - Cash and cash equivalents increased to CNY 181,403,687.05 from CNY 170,555,245.28, representing a growth of 7.9%[18] - Cash and cash equivalents at the end of Q1 2024 increased to CNY 168,429,492.60, compared to CNY 156,444,682.33 at the end of the previous period[25] - Total assets at the end of the reporting period were ¥891,916,721.62, an increase of 6.49% from ¥837,597,220.95 at the end of the previous year[5] - Total liabilities amounted to CNY 351,063,811.12, up 16.2% from CNY 302,087,616.77[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,755[10] - The largest shareholder, Zhoushan Tianshun Equity Investment Co., Ltd., holds 43.25% of shares, amounting to 47,040,000 shares, with 19,600,000 shares pledged[10] - Wang Puyu, a natural person, holds 4.13% of shares, totaling 4,494,000 shares, with 3,500,000 shares pledged[10] Government Subsidies and Investments - The company received government subsidies amounting to ¥7,290,000.00, which were recognized as a reduction in operating costs[6] - The company received government subsidies totaling 4.47 million RMB, which represents 100.85% of the latest audited net profit attributable to shareholders[14] - The company reported a significant increase in investment income, which rose by 217.42% to ¥755,322.33 compared to ¥237,957.00 in the previous year[8] Operational Changes - The company decided to deregister several wholly-owned subsidiaries to streamline operations and reduce management costs[13] - The company established a wholly-owned subsidiary with a registered capital of CNY 2 million in March 2024[19] - A new holding subsidiary was set up with a registered capital of CNY 5 million, with a 51% ownership stake[19] - The company expanded its business scope to include various transportation and sales services as of March 2024[19] Liabilities and Guarantees - The company provided a guarantee for a loan of 10 million RMB for its subsidiary Xinjiang Tianhui Logistics Co., Ltd. with Bank of Communications[11] - A guarantee for a loan of 9 million RMB was also provided for Xinjiang Huachen Supply Chain Co., Ltd. with Huaxia Bank[12] Inventory and Accounts Payable - The company experienced a 104.63% increase in accounts payable, reaching ¥38,311,075.13 due to increased payments for international air logistics services[8] - The company recorded a 48.59% increase in inventory, totaling ¥116,814,343.14, attributed to increased procurement during the reporting period[8]