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国茂股份(603915) - 2024 Q1 - 季度财报
603915GUOMAO REDUCER(603915)2024-04-26 09:02

Financial Performance - The company's operating revenue for Q1 2024 was ¥585,210,882.65, representing a decrease of 6.48% compared to the same period last year [6] - The net profit attributable to shareholders was ¥64,645,049.14, down 19.59% year-on-year [6] - The net profit after deducting non-recurring gains and losses was ¥57,465,566.84, a decrease of 19.47% compared to the previous year [6] - The basic earnings per share for the period was ¥0.10, down 16.67% year-on-year [6] - Total operating revenue for Q1 2024 was RMB 585,210,882.65, a decrease of 6.5% compared to RMB 625,727,453.88 in Q1 2023 [33] - Net profit for Q1 2024 was RMB 64,467,423.82, a decline of 19.2% from RMB 79,781,235.11 in Q1 2023 [36] - Total comprehensive income for Q1 2024 was RMB 64,457,612.59, compared to RMB 79,843,447.57 in Q1 2023, a decrease of 19.3% [42] Cash Flow - The net cash flow from operating activities was ¥7,063,675.58, reflecting a significant decline of 76.75% [6] - The net cash flow from operating activities was 7,063,675.58,comparedto7,063,675.58, compared to 30,377,648.69 in the previous period [44] - Cash flow from operating activities increased to RMB 597,072,995.82 in Q1 2024, compared to RMB 573,396,173.66 in Q1 2023, an increase of 4.1% [38] - The total cash inflow from investment activities amounted to 625,469,805.81,anincreasefrom625,469,805.81, an increase from 585,603,324.54 [44] - The net cash outflow from investment activities was 59,199,932.22,contrastingwithanetinflowof59,199,932.22, contrasting with a net inflow of 32,507,637.84 in the previous period [44] - The net cash flow from financing activities was -3,319,229.06,comparedto−3,319,229.06, compared to -1,553,399.48 previously [44] - The total cash and cash equivalents at the end of the period were 630,551,051.30,downfrom630,551,051.30, down from 995,491,641.57 [44] - The company reported a decrease in cash and cash equivalents by 55,465,296.93duringtheperiod[44]AssetsandLiabilities−Totalassetsattheendofthereportingperiodwere¥4,913,734,622.19,adecreaseof2.0055,465,296.93 during the period [44] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,913,734,622.19, a decrease of 2.00% from the end of the previous year [9] - As of March 31, 2024, the company's total assets amounted to CNY 4,913,734,622.19, a decrease from CNY 5,013,784,332.71 at the end of 2023, representing a decline of approximately 2.0% [23] - The company's current assets totaled CNY 3,250,620,742.31, down from CNY 3,374,154,420.26, indicating a decrease of about 3.7% [28] - The company's total liabilities decreased to CNY 1,251,235,634.64 from CNY 1,416,489,944.82, a reduction of about 11.6% [30] - The total liabilities and equity amounted to 4,913,734,622.19, compared to 5,013,784,332.71inthepreviousperiod[47]ShareholderInformation−Thetotalnumberofordinaryshareholdersattheendofthereportingperiodwas15,757[14]−Thecompanyhasnotengagedinanyfinancingormargintradingactivitiesamongitstopshareholders[21]−Therearenosignificantchangesintheshareholdingstructureorrelatedpartytransactionsreportedduringtheperiod[21]Expenses−TotaloperatingcostsforQ12024wereRMB519,237,135.30,down3.25,013,784,332.71 in the previous period [47] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,757 [14] - The company has not engaged in any financing or margin trading activities among its top shareholders [21] - There are no significant changes in the shareholding structure or related party transactions reported during the period [21] Expenses - Total operating costs for Q1 2024 were RMB 519,237,135.30, down 3.2% from RMB 536,522,179.34 in Q1 2023 [33] - Research and development expenses decreased to RMB 24,030,803.52 in Q1 2024 from RMB 34,891,726.06 in Q1 2023, a reduction of 31.1% [36] - Sales expenses for Q1 2024 were RMB 17,200,873.04, down 16.5% from RMB 20,592,873.50 in Q1 2023 [33] - Management expenses increased slightly to RMB 23,247,637.80 in Q1 2024 from RMB 22,572,719.29 in Q1 2023, an increase of 3% [33] - Other income for Q1 2024 was RMB 5,663,962.93, compared to RMB 5,128,645.93 in Q1 2023, an increase of 10.4% [36] Equity - The return on equity (ROE) was 1.78%, a decrease of 0.65 percentage points compared to the previous year [9] - The total equity remained stable at CNY 661,945,620.00, unchanged from the previous reporting period [30] - The company's total equity attributable to shareholders was 3,656,418,265.56, an increase from 3,591,036,040.58[47]−Thecompany′sretainedearningsreached3,591,036,040.58 [47] - The company's retained earnings reached 1,653,432,708.54, up from $1,588,787,659.40 [47] Inventory and Receivables - Accounts receivable increased significantly to CNY 391,708,320.16, up from CNY 257,236,292.14, reflecting a growth of approximately 52.2% [28] - Inventory levels slightly increased to CNY 546,891,392.14 from CNY 544,940,347.19, showing a marginal rise of 0.4% [28] Accounting Standards - The company will implement new accounting standards starting January 1, 2024, which will not affect prior financial statements [46]