太极股份(002368) - 2024 Q1 - 季度财报

Financial Performance - Revenue for the first quarter of 2024 was 1,661,500,116.22 yuan, a decrease of 9.95% compared to the same period last year[2] - Net profit attributable to shareholders of the listed company was 16,329,727.56 yuan, a decrease of 40.48% year-on-year[2] - The company reported a net profit of RMB 16,443,076.99 for the first quarter of 2024[37] - Net profit decreased by 41.36% to 16,443,076.99 due to a decline in business gross margin[25] - The company's operating profit for the first quarter of 2024 is RMB 26,063,550.21[37] - The company's total comprehensive income for the first quarter of 2024 is RMB 16,443,076.99[37] - Total operating revenue decreased to 1,661,500,116.22 RMB from 1,844,984,004.76 RMB, reflecting a decline in sales[41] Cash Flow - Net cash flow from operating activities was -1,545,364,750.74 yuan, a decrease of 2.14% compared to the same period last year[2] - Net cash flow from operating activities was -1,545,364,750.74, a decrease of 2.15% compared to the previous period[19] - Net cash flow from investing activities was -53,098,148.09, a decrease of 10.88% compared to the previous period[19] - Net cash flow from financing activities was 995,988,015.16 yuan, an increase of 154.9% compared to the same period last year[11] - Net cash flow from financing activities was 995,988,015.16, an increase of 211.94% compared to the previous period[19] - Cash received from borrowings was 1,280,000,000.00, an increase of 80.28% compared to the previous period[27] - Cash paid for other financing activities was 23,511,021.88, an increase of 810.05% compared to the previous period[27] Assets and Liabilities - Total assets at the end of the reporting period were 15,910,718,274.73 yuan, a decrease of 1.79% compared to the end of the previous year[2] - Total assets increased to 16,200,434,385.92 RMB from 15,910,718,274.73 RMB, indicating growth in the company's asset base[40] - Monetary funds at the end of the reporting period were 1,078,767,396.16 yuan, a decrease of 36.0% compared to the beginning of the period[4] - Monetary funds decreased by 35.94% to 1,078,767,396.16 due to contract-related expenditures[25] - Accounts receivable at the end of the reporting period were 4,680,237,934.88 yuan, an increase of 0.57% compared to the beginning of the period[4] - Inventory at the end of the reporting period was 3,290,121,091.60 yuan, an increase of 2.15% compared to the beginning of the period[4] - Long-term equity investments slightly decreased to 297,736,630.21 RMB from 297,079,952.64 RMB[40] - Fixed assets increased to 1,099,252,589.67 RMB from 1,071,035,075.45 RMB, reflecting ongoing capital expenditures[40] - Intangible assets decreased to 1,054,658,680.51 RMB from 1,013,628,404.52 RMB, possibly due to amortization or impairment[40] - Short-term borrowings increased by 113.37% to 1,900,570,833.35 due to an increase in short-term loans[25] - Short-term borrowings significantly increased to 890,736,833.35 RMB from 1,900,570,833.35 RMB, indicating a reduction in short-term debt[40] Expenses and Costs - R&D expenses decreased by 39.41% to 29,510,210.54 due to reduced capitalized R&D project investments[25] - R&D expenses decreased to 29,510,210.54 RMB from 48,701,685.71 RMB, suggesting a reduction in innovation spending[41] - Financial expenses decreased to 4,839,298.90 RMB from 8,215,596.35 RMB, indicating lower financing costs[41] - Interest income decreased to 2,061,707.10 RMB from 7,141,324.27 RMB, reflecting lower returns on cash and cash equivalents[41] - Operating costs decreased to 1,244,476,226.73 RMB from 1,350,288,648.25 RMB, showing improved cost management[41] - The company's income tax expense for the first quarter of 2024 is RMB 9,769,133.84[37] - The company's other income for the first quarter of 2024 is RMB 12,157,388.61[37] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 55,383[33] - The largest shareholder, CETC TaiJi (Group) Co., Ltd., holds 28.61% of the shares, amounting to 178,320,355 shares[33] - The second-largest shareholder, North China Computing Technology Institute, holds 7.24% of the shares, amounting to 45,138,290 shares[33] - China Life Insurance Co., Ltd. holds 1.70% of the shares, amounting to 10,624,276 shares[33] Earnings and Investments - The basic earnings per share (EPS) for the first quarter of 2024 is RMB 0.0262[37] - Investment income increased by 93.46% to -657,072.51 due to increased profits from invested companies[25] Government Subsidies and Audit Status - The company received government subsidies of 1,929,299.64 yuan during the reporting period[17] - The company's first quarter report was unaudited[14]