*ST天沃(002564) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥630,908,188.99, a decrease of 28.12% compared to ¥877,730,250.37 in the same period last year[5] - Net profit attributable to shareholders was ¥14,852,954.08, a significant improvement from a loss of ¥235,078,369.87 in the previous year, representing a 103.34% increase[5] - Total operating revenue for Q1 2024 was CNY 630,908,188.99, a decrease of 28.1% compared to CNY 877,730,250.37 in the same period last year[18] - Net profit for Q1 2024 was CNY 13,999,796.32, a significant improvement from a net loss of CNY 549,167,834.77 in Q1 2023[19] - The company reported a gross profit margin of approximately -1.3% for Q1 2024, compared to -24.3% in the previous year[19] Cash Flow - The net cash flow from operating activities was -¥205,847,176.53, a decline of 307.42% compared to ¥99,240,529.88 in Q1 2023[9] - Total cash inflow from operating activities was 743,721,625.20, down 51.2% from 1,524,738,436.39 in the previous year[21] - Cash outflow from operating activities totaled 949,568,801.73, a decrease of 33.3% compared to 1,425,497,906.51 in Q1 2023[21] - Cash flow from investing activities was -6,565,692.60, an improvement from -9,402,610.40 in the same period last year[22] - Cash inflow from financing activities was 1,522,510,000.00, down 44.8% from 2,759,500,000.00 in Q1 2023[22] - The net cash flow from financing activities was -30,928,571.78, compared to -159,157,861.18 in the previous year, showing a significant improvement[22] - The ending balance of cash and cash equivalents was 183,316,401.14, a decrease of 65.8% from 535,863,519.21 at the end of Q1 2023[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥6,559,705,912.87, down 5.71% from ¥6,957,284,899.86 at the end of the previous year[5] - Current liabilities decreased to CNY 2,881,636,446.39, down 35.2% from CNY 4,445,480,041.31 in the previous year[16] - Long-term borrowings increased to CNY 3,307,610,000.00, up 53.4% from CNY 2,155,000,000.00 year-over-year[16] - The total liabilities decreased to CNY 6,203,452,465.33 from CNY 6,615,197,050.45, a reduction of 6.2% year-over-year[16] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 39,894, with no preferred shareholders[12] - The top ten shareholders hold a combined 34.67% of the company's shares, with Shanghai Electric Holding Group Co., Ltd. holding 15.42% and Chen Yuzhong holding 15.29%[12] Expenses - The company reported a significant reduction in financial expenses, which decreased by 69.12% to ¥41,115,440.04 from ¥133,151,357.38 in Q1 2023[8] - Research and development expenses were reduced by 47.19% to ¥22,172,516.20 compared to ¥41,986,785.85 in the previous year[8] - Payments to employees were 106,220,905.07, down 28.3% from 148,091,109.49 in Q1 2023[21] - Payments of various taxes amounted to 86,593,068.53, an increase of 274.5% compared to 24,940,299.41 in the same period last year[21] Government and Regulatory Matters - The company received government subsidies amounting to ¥3,130,569.85, an increase of 321.50% from ¥742,723.34 in the same period last year[8] - The company received an administrative penalty notice from the China Securities Regulatory Commission on October 25, 2023, leading to a retrospective adjustment of previous financial statements[10] Other Information - The company has not disclosed any new product or technology developments in the current report[10] - There were no changes reported in the top ten shareholders' participation in margin financing and securities lending[13] - The company has not reported any significant mergers or acquisitions during the quarter[10] - Accounts receivable increased from ¥1,106,539,827.83 to ¥1,119,851,365.63, reflecting a growth of about 1.4%[14] - Inventory decreased from ¥1,014,151,789.70 to ¥867,655,870.23, a reduction of approximately 14.5%[14] - The company reported a decrease in receivables financing from ¥247,495,393.14 to ¥141,913,181.95, a decline of about 42.6%[14] - The company's basic earnings per share for Q1 2024 were ¥0.02, compared to a loss of ¥0.27 in the same period last year, marking a 103.85% increase[5]