TKGF(601233)2024-04-29 08:05Financial Performance - The company's operating revenue for Q1 2024 reached ¥21,111,384,064.63, representing a 32.66% increase compared to ¥15,913,454,482.67 in the same period last year[4]. - Net profit attributable to shareholders was ¥579,923,332.09, a significant turnaround from a loss of ¥490,158,350.61 in the previous year[4]. - The net profit after deducting non-recurring gains and losses was ¥537,228,376.18, compared to a loss of ¥521,472,434.47 in the same period last year, marking a 203.02% increase[5]. - Basic and diluted earnings per share were both ¥0.24, a 220.00% increase from a loss of ¥0.20 per share in the previous year[5]. - Operating profit for Q1 2024 was ¥656,952,878.63, a significant recovery from a loss of ¥491,415,196.82 in Q1 2023[20]. - The total profit for Q1 2024 is approximately ¥663.91 million, compared to a loss of ¥483.69 million in Q1 2023[21]. - The net profit for Q1 2024 is approximately ¥584.55 million, while the net loss for Q1 2023 was ¥474.61 million[21]. Assets and Liabilities - The company's total assets increased by 9.45% to ¥112,132,018,103.40 from ¥102,446,113,224.00 at the end of the previous year[5]. - Total assets as of Q1 2024 amounted to ¥112,132,018,103.40, up from ¥102,446,113,224.00 in the previous year[19]. - Total liabilities increased to ¥75,752,985,990.46 in Q1 2024 from ¥66,662,647,032.37 in Q1 2023, indicating a 13.1% rise[19]. - Current liabilities totaled ¥53,269,437,750.30, compared to ¥46,956,603,366.31 in the same period last year, marking a 13.9% increase[19]. - Non-current liabilities rose to ¥22,483,548,240.16 from ¥19,706,043,666.06, reflecting an increase of 14.3%[19]. Cash Flow - The net cash flow from operating activities was negative at -¥5,321,198,126.01, worsening from -¥2,293,387,412.05 in the previous year, indicating a 132.02% decline[5]. - Cash inflow from operating activities in Q1 2024 is approximately ¥22.86 billion, an increase from ¥16.84 billion in Q1 2023[23]. - Cash outflow from operating activities in Q1 2024 is approximately ¥28.18 billion, compared to ¥19.14 billion in Q1 2023[23]. - The net cash flow from operating activities for Q1 2024 is approximately -¥5.32 billion, worsening from -¥2.29 billion in Q1 2023[23]. - Cash inflow from investing activities in Q1 2024 is approximately ¥295.84 million, down from ¥541.92 million in Q1 2023[24]. - Cash outflow from investing activities in Q1 2024 is approximately ¥3.86 billion, slightly up from ¥3.74 billion in Q1 2023[24]. - Cash inflow from financing activities in Q1 2024 is approximately ¥31.84 billion, significantly higher than ¥18.64 billion in Q1 2023[24]. - The net increase in cash and cash equivalents for Q1 2024 is approximately ¥1.62 billion, compared to an increase of ¥1.26 billion in Q1 2023[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,244, with the largest shareholder holding 19.28% of the shares[10]. - The top ten shareholders include 桐昆控股集团有限公司 with 464,908,884 shares, representing a significant portion of the company's equity[12]. - The company has a strong shareholder base with 桐昆控股集团有限公司 holding 94.19% of 浙江磊鑫实业股份有限公司, indicating a high level of control[13]. - The company is actively involved in margin trading, with a total of 28,394,542 shares held by 杭州博海汇金资产管理有限公司 through margin accounts[14]. Operational Insights - The company reported a significant increase in profitability due to improved product margins and increased gains from investments in Zhejiang Petrochemical[9]. - The company has not reported any significant changes in operational strategies or new product developments during the reporting period[15]. - The company's financial health appears robust, with a significant increase in both current and long-term assets, positioning it well for future growth opportunities[16]. Research and Development - Research and development expenses for Q1 2024 were ¥433,828,616.84, up from ¥325,499,782.44 in Q1 2023, showing a 33.3% increase[20].