FULONGMA(603686)2024-04-26 08:48Financial Performance - The company's operating revenue for Q1 2024 was ¥1,184,952,049.59, representing a decrease of 1.72% compared to the same period last year[7]. - The net profit attributable to shareholders was ¥65,030,827.77, down 15.64% year-on-year[7]. - The basic earnings per share were ¥0.16, reflecting a decline of 15.69% year-on-year[7]. - The net profit for Q1 2024 is ¥78,529,372.83, a decrease of 23.5% compared to ¥102,574,195.54 in Q1 2023[21]. - The net profit attributable to the parent company's shareholders is ¥65,030,827.77, down from ¥77,090,143.65, representing a decline of 15.6%[21]. - The total comprehensive income for Q1 2024 is ¥78,529,372.83, compared to ¥102,574,195.54 in Q1 2023, indicating a decrease of 23.5%[21]. - The basic and diluted earnings per share for Q1 2024 are both ¥0.16, down from ¥0.19 in Q1 2023, reflecting a decline of 15.8%[21]. Cash Flow - The net cash flow from operating activities was -¥131,701,726.26, indicating a significant cash outflow[7]. - The net cash flow from operating activities for Q1 2024 is -¥131,701,726.26, compared to ¥12,358,451.75 in Q1 2023, showing a significant decline[24]. - Cash inflow from operating activities totaled ¥1,222,788,359.77 in Q1 2024, down from ¥1,275,037,827.76 in Q1 2023, a decrease of 4.1%[24]. - Cash outflow from operating activities increased to ¥1,354,490,086.03 in Q1 2024, compared to ¥1,262,679,376.00 in Q1 2023, an increase of 7.3%[24]. - The net cash flow from investing activities for Q1 2024 is -¥385,681,528.28, compared to -¥31,324,866.72 in Q1 2023, indicating a larger outflow[25]. - The net cash flow from financing activities for Q1 2024 is ¥241,389,884.65, a significant increase from ¥7,092,749.23 in Q1 2023[25]. - The ending cash and cash equivalents balance for Q1 2024 is ¥619,333,229.18, compared to ¥535,759,608.65 in Q1 2023, reflecting an increase of 15.6%[25]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,308,836,150.16, an increase of 3.07% from the end of the previous year[8]. - Total assets increased to approximately ¥6.309 billion from ¥6.121 billion, a growth of 3.1%[17]. - Total liabilities increased to approximately ¥2.547 billion from ¥2.439 billion, an increase of 4.4%[17]. - Non-current assets totaled approximately ¥1.962 billion, up from ¥1.622 billion, an increase of 20.9%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,999[12]. - The largest shareholder, Zhang Guifeng, holds 18.47% of the shares, amounting to 76,781,900 shares[12]. - The company experienced an increase in total equity attributable to shareholders of 1.97% compared to the previous year[8]. Operating Costs and Profit - Total revenue for Q1 2024 was approximately ¥1.185 billion, a decrease of 1.5% compared to ¥1.206 billion in Q1 2023[20]. - Total operating costs for Q1 2024 were approximately ¥1.092 billion, an increase of 1.3% from ¥1.077 billion in Q1 2023[20]. - Operating profit for Q1 2024 was approximately ¥102.88 million, down 21.2% from ¥130.61 million in Q1 2023[20]. Other Financial Metrics - The weighted average return on equity was 1.94%, a decrease of 0.45 percentage points compared to the previous year[7]. - The company reported non-recurring gains and losses of ¥1,663,932.86 for the period[9]. - The company reported a significant increase in credit impairment losses, rising to ¥19.11 million from ¥2.85 million, an increase of 570.2%[20]. - Cash and cash equivalents decreased to ¥653.61 million from ¥931.48 million, a decline of 29.9%[15]. - Accounts receivable decreased to ¥1.66 billion from ¥1.88 billion, a reduction of 11.6%[15]. - Inventory increased to ¥393.13 million from ¥350.59 million, an increase of 12.1%[15].