中成股份(000151) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥472,909,174.28, a decrease of 59.95% compared to ¥1,180,654,178.64 in the same period last year[5] - The net loss attributable to shareholders was ¥37,794,919.43, representing a 12.55% increase in loss from ¥33,579,516.53 year-on-year[5] - The net cash flow from operating activities was -¥116,667,179.72, a decline of 213.57% from a positive cash flow of ¥102,731,249.61 in the previous year[5] - Net loss for Q1 2024 was CNY 50,458,055.55, compared to a net loss of CNY 34,407,731.80 in Q1 2023, reflecting ongoing financial challenges[20] - Basic and diluted earnings per share for Q1 2024 were both -0.1120, compared to -0.0995 in Q1 2023, indicating a decline in profitability per share[20] Cash Flow Analysis - The net cash flow from investment activities decreased by 98.35% to -58,179.12 RMB, primarily due to reduced cash outflows for asset acquisitions compared to the same period last year[12] - The net cash flow from financing activities increased by 153.66% to 33,606,053.18 RMB, mainly driven by changes in net inflow from borrowings and repayments, an increase of 96.24 million RMB year-on-year[12] - Cash received from operating activities totaled 530,349,651.94, compared to 1,537,503,178.36 in the previous year, indicating a decrease of approximately 65.5%[23] - The company reported a cash outflow from investing activities of -58,179.12, compared to -3,531,883.41 in the previous year, indicating improved investment cash flow management[23] - The cash flow from financing activities included cash paid for debt repayment of 91,094,910.87, compared to 129,568,714.40 in the previous year, showing a decrease of approximately 29.6%[24] Asset and Liability Overview - The company's total assets at the end of the reporting period were ¥3,308,557,537.58, a slight increase of 0.21% from ¥3,301,727,453.14 at the end of the previous year[5] - Current liabilities rose to CNY 2,421,152,897.69 from CNY 2,364,530,451.08, indicating increased short-term financial obligations[17] - The total liabilities increased to CNY 2,526,053,341.78 from CNY 2,450,671,486.46, reflecting a rise in overall debt levels[17] Research and Development - Research and development expenses increased by 88.16% to ¥11,499,434.38, up from ¥6,111,624.47 in the same period last year, indicating a focus on innovation[11] - Research and development expenses for Q1 2024 were CNY 11,499,434.38, up from CNY 6,111,624.47, highlighting a focus on innovation[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,172, with no preferred shareholders having restored voting rights[12] - The largest shareholder, China Complete Equipment Import & Export Group Co., Ltd., holds 39.79% of shares, totaling 134,252,133 shares[12] Inventory and Receivables - Accounts receivable rose by 44.33% to ¥372,060,037.61, attributed to project progress billing during the reporting period[10] - Inventory rose to 144,053,672.58 RMB, up from 127,775,342.62 RMB, indicating a growth of 12.7%[15] - Total current assets decreased slightly to 2,630,120,280.53 RMB from 2,644,597,355.83 RMB, a decline of 0.55%[15] - The company reported a significant increase in prepayments, which rose to 186,018,266.35 RMB, compared to 130,638,572.01 RMB previously, marking a growth of 42.4%[15] Other Financial Metrics - The weighted average return on equity was -5.89%, a decrease from -4.37% in the same period last year[5] - The company reported a decrease in other comprehensive income, with a net loss of CNY 18,093,715.33 compared to a gain of CNY 1,911,296.79 in the previous year[20] - The company did not report any significant non-recurring gains or losses during the quarter, with total non-recurring gains amounting to ¥75,637.41[8] - The company has not disclosed any new product or technology developments in this report[12] - There are no updates on market expansion or mergers and acquisitions mentioned in the report[12]