建业股份(603948) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥562,483,157.49, representing a decrease of 19.99% compared to the same period last year[5] - The net profit attributable to shareholders was ¥58,845,851.47, down 36.18% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥55,308,250.75, a decline of 38.16% compared to the previous year[5] - The basic earnings per share decreased by 37.93% to ¥0.36[6] - Operating profit for Q1 2024 was CNY 68,940,076.56, a decline of 36.00% from CNY 107,608,608.58 in Q1 2023[21] - The net profit for Q1 2024 was CNY 58,845,851.47, a decrease of 36.2% compared to CNY 92,209,896.48 in Q1 2023[22] - The total profit for Q1 2024 was CNY 72,308,603.58, a decrease of 33.9% from CNY 109,372,490.81 in Q1 2023[22] - The company reported operating income of CNY 415,104,524.47 in Q1 2024, down from CNY 467,924,923.13 in Q1 2023, representing a decline of 11.2%[24] Cash Flow and Liquidity - The net cash flow from operating activities increased by 11.20% to ¥70,483,417.72[5] - Cash flow from operating activities for Q1 2024 was CNY 70,483,417.72, an increase of 11.0% compared to CNY 63,384,168.53 in Q1 2023[24] - The company experienced a net increase in cash and cash equivalents of CNY 63,044,727.34 in Q1 2024, compared to CNY 43,202,968.09 in Q1 2023, marking an increase of 46.0%[25] - Cash and cash equivalents increased to CNY 1,043,369,331.81 as of March 31, 2024, up from CNY 980,324,604.47 at the end of 2023[16] - Total cash and cash equivalents at the end of Q1 2024 were CNY 1,043,369,331.81, compared to CNY 1,073,034,035.11 at the end of Q1 2023, indicating a decrease of 2.8%[25] - Cash flow from investing activities for Q1 2024 was negative at CNY -7,909,960.60, an improvement from CNY -19,766,858.47 in Q1 2023[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,657,212,553.34, a slight increase of 0.12% from the end of the previous year[6] - Total assets amounted to CNY 2,657,212,553.34, slightly up from CNY 2,654,131,563.98 at the end of 2023[18] - Total liabilities decreased to CNY 577,924,216.97 from CNY 635,238,679.07, reflecting a reduction of 8.99%[18] - Shareholders' equity increased to CNY 2,079,288,336.37 from CNY 2,018,892,884.91, marking a growth of 2.65%[18] Expenses and Costs - Total operating costs for Q1 2024 were CNY 497,870,678.94, down 15.83% from CNY 591,801,765.92 in Q1 2023[21] - The company incurred operating expenses of CNY 344,621,106.75 in Q1 2024, down from CNY 404,540,754.60 in Q1 2023, reflecting a reduction of 14.8%[24] - R&D expenses for Q1 2024 were CNY 6,449,026.62, significantly lower than CNY 23,155,861.39 in Q1 2023, indicating a reduction of 72.06%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,272[12] Non-Recurring Items - The company reported a non-recurring gain of ¥3,537,600.72 for the period, primarily from government subsidies and other income[8] - The company reported other income of CNY 3,493,857.07 in Q1 2024, compared to CNY 3,352,464.16 in Q1 2023, indicating an increase of 4.2%[22] Market Conditions - The decline in net profit and earnings was mainly attributed to a decrease in product prices[9]