首钢股份(000959) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥29,539,538,645.30, representing a 2.87% increase compared to ¥28,714,734,639.43 in the same period last year[2] - The net profit attributable to shareholders was -¥24,299,128.19, an improvement of 58.45% from -¥58,476,560.35 year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥36,576,878.99, showing a 47.03% improvement from -¥69,047,203.90 in the previous year[2] - The basic and diluted earnings per share were both -¥0.0031, reflecting a 58.67% improvement from -¥0.0075 in the same quarter last year[2] - The total profit for Q1 2024 was 14,873,349.78 CNY, a significant improvement from the loss of 12,980,557.63 CNY in the same period last year[11] - The net profit for Q1 2024 was -7,887,239.40 CNY, compared to a net loss of -50,144,036.46 CNY in Q1 2023, indicating a recovery trend[11] Assets and Liabilities - The total assets at the end of the reporting period were ¥137,320,010,970.31, a slight decrease of 0.15% from ¥137,519,661,128.33 at the end of the previous year[2] - The equity attributable to shareholders was ¥49,424,166,376.52, down 0.10% from ¥49,473,789,412.65 at the end of the last year[2] - Total current assets at the end of the reporting period amounted to CNY 33,404,531,261.79, an increase from CNY 32,528,745,920.11 at the beginning of the period[8] - Total liabilities decreased to CNY 82.99 billion from CNY 83.10 billion, indicating a reduction of 0.13%[10] - Long-term borrowings stood at CNY 12.57 billion, down from CNY 12.79 billion, reflecting a decrease of 1.73%[10] - The company reported a decrease in short-term borrowings to CNY 24.47 billion from CNY 26.66 billion, a reduction of 8.23%[10] Cash Flow - The company reported a net cash flow from operating activities of -¥1,879,566,177.08, which is a 7.56% increase in outflow compared to -¥1,747,495,508.81 in the previous year[2] - The cash flow from operating activities showed a net outflow of -1,879,566,177.08 CNY, slightly worse than the outflow of -1,747,495,508.81 CNY in the previous year[12] - The company received cash from operating activities totaling 12,247,393,674.84 CNY, compared to 13,073,180,859.45 CNY in the previous year[12] - The cash outflow for investing activities was 20,391,508.72 CNY, significantly lower than 888,129,158.29 CNY in Q1 2023, indicating reduced investment spending[12] - The cash flow from financing activities showed a net outflow of -1,063,673,908.97 CNY, compared to -295,512,946.16 CNY in the same period last year[12] Research and Development - R&D expenses increased year-on-year due to the rise in research projects undertaken by the company[3] - Research and development expenses increased significantly to CNY 151.66 million, compared to CNY 79.07 million in the previous year, marking an increase of 91.8%[10] Shareholder and Management Changes - The company appointed a new general manager, Sun Maolin, on March 22, 2024, following the resignation of Zhu Guosen[7] - The company reported a change in the top 10 shareholders due to securities lending and borrowing activities[6] - The company has a significant shareholder, Shougang Group, holding 56.72% of the shares[5] - The company is undergoing management changes with new appointments in the board of directors and supervisory roles[7] Other Financial Metrics - The total operating costs for Q1 2024 were CNY 29.60 billion, up from CNY 28.48 billion in Q1 2023, reflecting a year-over-year increase of 3.93%[10] - Cash and cash equivalents decreased to CNY 6,060,812,130.07 from CNY 9,153,205,626.37[8] - Accounts receivable increased to CNY 1,757,117,458.07 from CNY 1,365,633,725.20[8] - Prepayments rose slightly to CNY 2,153,068,283.52 from CNY 2,111,891,544.80[8] - Inventory decreased to CNY 12,105,448,175.41 from CNY 12,177,610,585.90[8] - Total receivables financing increased significantly to CNY 5,537,159,270.92 from CNY 2,223,431,426.46[8] - The company paid 1,202,214,556.68 CNY in employee compensation, an increase from 1,109,313,300.28 CNY in Q1 2023, reflecting a rise in labor costs[12]