鲁北化工(600727) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥1,538,453,696.06, representing a year-on-year increase of 39.08%[5] - Net profit attributable to shareholders was ¥50,541,439.47, showing a significant increase of 3131.39% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥48,540,508.42, reflecting a year-on-year increase of 4515.99%[5] - Basic and diluted earnings per share were both ¥0.10, marking an increase of 3,233.33% compared to the previous year[5] - Net profit for Q1 2024 was ¥65,647,325.40, compared to ¥12,695,874.18 in Q1 2023, representing a significant increase of 417%[20] - Operating profit for Q1 2024 was ¥77,149,521.31, a substantial increase from ¥17,780,808.55 in Q1 2023[20] - The company reported a total comprehensive income of ¥65,647,325.40 for Q1 2024, compared to ¥12,695,874.18 in Q1 2023[21] - The total comprehensive income for the company in Q1 2024 was ¥3,623,713.58, compared to ¥5,128,538.33 in Q1 2023[31] Cash Flow and Liquidity - The net cash flow from operating activities was ¥13,945,467.52, which decreased by 72.97% year-on-year[5] - Cash flow from operating activities for Q1 2024 was ¥13,945,467.52, down from ¥51,601,852.21 in Q1 2023[22] - In Q1 2024, the company reported a net cash flow from operating activities of ¥1,528,137.15, a significant improvement compared to a net outflow of ¥51,902,259.89 in Q1 2023[33] - Cash inflow from operating activities totaled ¥225,162,770.44, while cash outflow was ¥223,634,633.29, resulting in a net cash flow of ¥1,528,137.15[33] - The company's cash and cash equivalents decreased to CNY 2,355,843,322.67 from CNY 2,482,005,460.38, representing a decline of about 5.1%[14] - Total cash and cash equivalents at the end of Q1 2024 stood at ¥567,807,927.28, down from ¥393,206,877.92 at the end of Q1 2023[34] - The net increase in cash and cash equivalents for Q1 2024 was a decrease of ¥106,054,463.89, contrasting with an increase of ¥47,983,330.50 in Q1 2023[34] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥8,664,919,946.63, an increase of 1.74% from the end of the previous year[6] - Total current liabilities increased to CNY 5,120,181,619.68 from CNY 5,027,418,825.36, marking an increase of approximately 1.84%[16] - The total liabilities as of Q1 2024 were ¥5,287,457,607.90, compared to ¥5,207,345,071.90 in Q1 2023[17] - The total assets as of March 31, 2024, amounted to CNY 5,483,666,850.63, a decrease from CNY 5,609,190,061.16 as of December 31, 2023[26] - The total liabilities decreased to CNY 2,642,458,337.02 as of March 31, 2024, from CNY 2,771,605,261.13 at the end of 2023[28] Equity and Return Metrics - Shareholders' equity attributable to the parent company was ¥3,037,387,594.08, up by 1.54% from the previous year-end[6] - The weighted average return on equity increased to 1.68%, up from 1.62%[5] - Total equity increased to ¥3,377,462,338.73 in Q1 2024 from ¥3,309,766,223.47 in Q1 2023[17] - The total equity as of March 31, 2024, was CNY 2,841,208,513.61, slightly up from CNY 2,837,584,800.03 at the end of 2023[28] Operational Highlights - The increase in revenue was primarily driven by higher sales of titanium dioxide and alkyl chlorides products[9] - The decrease in net cash flow from operating activities was attributed to the same factors affecting revenue growth[9] - The company has not reported any new product developments or market expansions in the current quarter[13] - Research and development expenses for Q1 2024 were ¥7,128,323.03, a decrease from ¥18,067,159.63 in Q1 2023[20] - The company incurred research and development expenses of CNY 2,592,587.03 in Q1 2024, compared to CNY 2,316,049.02 in Q1 2023, representing an increase of 11.9%[30] Financing Activities - The company raised ¥150,000,000.00 from loans in Q1 2024, with total cash inflow from financing activities amounting to ¥1,534,250,000.00[34] - Cash outflow from financing activities was ¥2,078,281,333.33 in Q1 2024, compared to ¥1,076,653,590.11 in Q1 2023, reflecting an increase of approximately 93.1%[34]