东旭蓝天(000040) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥231,205,365.82, a decrease of 60.38% compared to ¥583,622,511.78 in the same period last year[5] - The net loss attributable to shareholders was ¥16,200,765.20, representing a decline of 199.87% from a profit of ¥16,221,272.40 in the previous year[5] - Net loss for Q1 2024 was CNY 16,289,287.99, compared to a net profit of CNY 16,086,567.23 in Q1 2023, indicating a significant decline in profitability[18] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.0109, a decline from CNY 0.0109 in Q1 2023[18] Cash Flow - The net cash flow from operating activities improved by 28.65%, amounting to -¥30,304,802.54 compared to -¥42,474,734.57 in the prior year[5] - Cash flow from operating activities showed a net outflow of CNY 30,304,802.54, an improvement from a net outflow of CNY 42,474,734.57 in the previous year[19] - The net cash flow from financing activities was -57,924,224.59, compared to -280,712,500.77 in the previous year, indicating a significant reduction in cash outflow[20] - The company reported a cash decrease of 70,337,756.52 during the quarter, compared to a decrease of 342,912,635.61 in the same quarter last year[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥23,616,632,680.82, a decrease of 0.80% from ¥23,807,858,397.85 at the end of the previous year[5] - The company's total current assets were CNY 11,165,855,859.71, down from CNY 11,261,460,016.32, indicating a decrease of about 0.85%[14] - The total non-current assets were CNY 12,450,776,821.11, which is a decrease of approximately 0.76% from CNY 12,546,398,381.53[15] - The total liabilities of the company were CNY 12,532,270,108.19, down from CNY 12,707,340,129.81, representing a reduction of about 1.38%[15] Income and Expenses - The company reported a significant increase in other income, which rose by 398.51% to ¥2,490,361.02 due to increased government subsidies[8] - Research and development expenses decreased by 41.10% to ¥3,572,539.19, reflecting a strategic focus on cost reduction and efficiency[8] - Total operating costs for Q1 2024 were CNY 257,807,174.59, down 53.6% from CNY 555,550,653.40 year-over-year[17] - The company experienced a 735.78% increase in credit impairment losses, amounting to ¥12,159,595.77, due to the recovery of previously recognized bad debts[8] - Management expenses surged by 119.27% to ¥47,620,424.47, primarily due to increased consulting fees and utility costs[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 80,899, with the largest shareholder, Dongxu Group, holding 39.04% of the shares[10] Government Grants - The company received government grants totaling ¥2,423,036.45, which were closely related to its normal business operations[6] Other Financial Metrics - The company's cash and cash equivalents stood at CNY 3,090,045,959.01, a decrease from CNY 3,157,214,411.96, reflecting a decline of approximately 2.12%[14] - The company reported a short-term loan balance of CNY 1,413,698,540.37, which is relatively stable compared to CNY 1,414,170,638.97 at the beginning of the period[15] - The company’s long-term borrowings were CNY 2,523,598,485.86, showing a slight decrease from CNY 2,526,709,309.41, reflecting a reduction of about 0.12%[15] Audit Status - The first quarter report was not audited, indicating that the financial data is subject to further verification[21]