WFDSJ(601010)2024-04-29 11:27Financial Performance - The company's operating revenue for Q1 2024 was ¥557,902,068.67, representing a decrease of 11.74% compared to the same period last year[3] - The net profit attributable to shareholders for Q1 2024 was ¥52,971,049.87, down 38.53% year-on-year[3] - The basic earnings per share for Q1 2024 was ¥0.03, reflecting a decline of 38.30% compared to the previous year[3] - Total operating revenue for Q1 2024 was RMB 557,902,068.67, a decrease of 11.7% compared to RMB 632,130,431.93 in Q1 2023[17] - Net profit for Q1 2024 was ¥52.87 million, down 38.25% from ¥85.54 million in Q1 2023[19] - Operating profit for Q1 2024 was ¥80.54 million, a decline of 30.34% compared to ¥115.60 million in Q1 2023[18] - Revenue from sales of goods and services in Q1 2024 was ¥652.55 million, down from ¥758.90 million in Q1 2023, representing a decrease of 13.93%[20] - Total operating costs for Q1 2024 were approximately ¥478.13 million, a decrease of 12.83% from ¥548.71 million in Q1 2023[18] Cash Flow and Investments - The net cash flow from operating activities was ¥2,867,318.35, a significant decrease of 98.74% year-on-year[3] - Cash flow from operating activities for Q1 2024 was ¥2.87 million, significantly lower than ¥228.31 million in Q1 2023[21] - Total cash inflow from investment activities in Q1 2024 was ¥712.62 million, compared to ¥1.27 billion in Q1 2023, reflecting a decrease of 43.83%[21] - The company reported a net cash flow from financing activities of ¥28.58 million in Q1 2024, a recovery from a negative cash flow of ¥109.28 million in Q1 2023[21] - The company experienced a net cash increase of ¥67.87 million in Q1 2024, compared to a much higher increase of ¥388.51 million in Q1 2023[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥6,510,619,212.76, a slight decrease of 0.34% from the end of the previous year[3] - As of March 31, 2024, total current assets amounted to RMB 1,694,321,870.80, slightly up from RMB 1,667,427,221.85 at the end of 2023[13] - The company reported cash and cash equivalents of RMB 1,170,814,364.10, an increase from RMB 1,098,535,659.41 as of December 31, 2023[13] - Total liabilities decreased to RMB 2,030,555,927.65 from RMB 2,106,045,953.58 at the end of 2023, reflecting a reduction of approximately 3.6%[15] - The company's total assets as of March 31, 2024, were RMB 6,510,619,212.76, down from RMB 6,533,003,098.15 at the end of 2023[15] - The company’s equity attributable to shareholders increased to RMB 4,500,968,100.93 from RMB 4,447,756,527.59, representing a growth of 1.2%[15] - The company’s inventory stood at RMB 304,307,767.26, up from RMB 294,777,656.13 at the end of 2023, indicating a rise of 3.5%[13] - The company’s short-term borrowings were reported at RMB 20,000,000.00, marking the first appearance of this liability in the current financial period[14] - The company’s accounts payable decreased to RMB 284,829,574.59 from RMB 342,661,668.15, a decline of approximately 16.9%[14] - The company’s non-current assets totaled RMB 4,816,297,341.96, down from RMB 4,865,575,876.30, reflecting a decrease of about 1.0%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 94,137[8] - Jiangsu Wenfeng Group Co., Ltd. held 27.53% of the shares, with 401,131,683 shares pledged[8] - Non-recurring gains and losses amounted to ¥1,259,964.70, with a significant impact from the previous year's disposal of joint ventures[5] - The weighted average return on equity was 1.18%, a decrease of 0.77 percentage points compared to the previous year[3]