新兴铸管(000778) - 2024 Q1 - 季度财报

Cash Flow and Liquidity - The company's monetary funds decreased by 34.70% due to a lower proportion of cash receipts compared to cash expenditures[6] - The company's investment activities resulted in a net cash outflow of RMB 127.75 million, a decrease from RMB 303.00 million in the previous period[27] - The company's financing activities resulted in a net cash outflow of RMB 1.16 billion, compared to a net inflow of RMB 239.73 million in the previous period[27] - Cash received from sales of goods and services is 8,127,784,706.93, down from 10,511,688,206.28 in the previous period[38] - Total cash inflow from operating activities is 8,594,038,370.00, down from 10,795,231,259.28 in the previous period[38] - Total cash outflow from operating activities is 10,627,642,729.08, down from 13,542,623,410.84 in the previous period[38] - Net cash flow from operating activities is -2,033,604,359.08, an improvement from -2,747,392,151.56 in the previous period[38] - Net cash flow from operating activities improved by 25.98% to -2,033,604,359.08 yuan[53] Accounts Receivable and Financing - Accounts receivable financing increased by 62.75% due to a higher proportion of bill receipts and increased bill discounting[6] - Accounts receivable increased by 26.47% to 3,271,895,643.59 yuan[59] Prepayments and Pre-received Items - Prepayments increased by 35.81% due to higher prepayments for raw materials[6] - Pre-received items decreased by 47.65% due to a reduction in pre-received rental fees[6] Liabilities and Debt Structure - Non-current liabilities due within one year decreased by 60.67% due to the repayment of long-term loans and bonds[6] - Long-term loans increased by 37.72% as part of optimizing the debt structure[6] - Long-term borrowings increased by 37.72% to 8,042,663,000.00 yuan[51] - Total current liabilities decreased by 14.07% to 16,721,809,820.61 yuan[51] Risk Provisions and Impairment - General risk provisions increased by 34.33% due to provisions made by the factoring company[6] - Asset impairment losses decreased by 100.00% due to reduced inventory write-downs[47] - Credit impairment loss for the current period was -19,008,219.64, an improvement from -23,451,539.82 in the previous period[62] Earnings and Profitability - Basic earnings per share for the current period is 0.0428, compared to 0.0855 in the previous period[38] - Diluted earnings per share for the current period is 0.0428, compared to 0.0855 in the previous period[38] - Net profit attributable to shareholders of the listed company decreased by 49.90% to 170,936,900.84 yuan[53] - Net profit for the current period was 152,525,366.56, compared to 359,020,096.41 in the previous period[62] - Total comprehensive income for the current period was 154,453,866.56, compared to 420,732,096.41 in the previous period[62] Revenue and Operating Costs - Revenue for the reporting period decreased by 23.01% to 9,124,363,531.11 yuan compared to the same period last year[53] - Total operating revenue for the current period was 9,124,363,531.11, a decrease from the previous period's 11,850,911,365.16[61] - Operating costs for the current period were 9,101,544,499.21, down from 11,706,787,006.80 in the previous period[61] Investment Income and Losses - Investment income received is 127,890,000.00, a significant increase from 6,150,000.00 in the previous period[38] - Investment income decreased by 92.16% due to reduced income from MSP and Wanxin Wenhui investments[47] - Investment income for the current period was 13,990,020.77, significantly lower than the previous period's 178,466,933.57[62] Non-operating Income and Expenses - Non-operating income increased by 948.87% due to increased guarantee forfeiture income[47] - Asset disposal income for the current period was 108,711,207.55, up from 48,158,464.99 in the previous period[62] Assets and Inventory - Total assets decreased slightly by 0.64% to 55,173,386,406.49 yuan[53] - Inventory increased by 24.71% to 7,013,034,817.56 yuan[59] - Fixed assets decreased by 1.02% to 21,574,873,383.14 yuan[59] - Development expenditure increased to 3,000,000.00 yuan from 0.00 yuan in the previous period[59] Bond and Debt Repayment - The company completed the principal and interest payment and delisting of its green bond (19 Xingxing G1) on January 22, 2024[10] Audit and Reporting - The company's first quarter report for 2024 was not audited[65]