清水源(300437) - 2024 Q1 - 季度财报(更正)

Financial Performance - The company's revenue for Q1 2024 was CNY 285,843,137.73, representing a 6.33% increase compared to CNY 268,824,274.64 in the same period last year[2] - Net profit attributable to shareholders decreased by 57.40% to CNY 3,110,755.65 from CNY 7,301,682.85 year-on-year[5] - Basic and diluted earnings per share fell by 57.45% to CNY 0.0120 from CNY 0.0282 in the same period last year[5] - The net profit for Q1 2024 was CNY 3,811,829.68, a decrease of 49.1% compared to CNY 7,503,589.83 in Q1 2023[15] - The total profit for Q1 2024 was CNY 6,794,381.80, down 40.5% from CNY 11,325,471.65 in the same period last year[15] - The total comprehensive income for Q1 2024 was CNY 3,815,689.19, down 49.1% from CNY 7,477,240.63 in Q1 2023[15] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 13,887,914.45, a decline of 176.91% compared to CNY 18,056,490.91 in the previous year[5] - Cash flow from operating activities showed a net outflow of CNY 13,887,914.45, contrasting with a net inflow of CNY 18,056,490.91 in the previous year[17] - Cash flow from investing activities resulted in a net outflow of CNY 70,947.93, compared to a net inflow of CNY 35,451,622.43 in Q1 2023[18] - Cash flow from financing activities had a net outflow of CNY 43,207,067.22, an improvement from a net outflow of CNY 85,832,987.49 in the same quarter last year[18] - The company's cash and cash equivalents were not explicitly mentioned, but the reduction in short-term borrowings from CNY 163,105,128.23 to CNY 118,118,824.40 indicates improved liquidity management[13] - Cash and cash equivalents decreased to RMB 333,197,836.14 from RMB 396,108,445.43, representing a decline of about 16%[11] - The cash and cash equivalents at the end of Q1 2024 were CNY 229,814,780.44, compared to CNY 204,379,626.41 at the end of Q1 2023[18] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,693,965,282.98, down 4.21% from CNY 2,812,299,222.66 at the end of the previous year[2] - The company reported a total asset of RMB 1,153,098,149.21 at the end of the first quarter, a decrease from RMB 1,179,044,251.09 at the beginning of the period, reflecting a decline of approximately 2.2%[11] - The company's total assets decreased to CNY 2,693,965,282.98 from CNY 2,742,081,660.85, a decline of approximately 1.8%[13] - The total liabilities decreased to CNY 1,208,927,208.07 from CNY 1,246,947,559.80, representing a reduction of about 3.1%[13] - Shareholders' equity attributable to the parent company decreased by 5.97% to CNY 1,473,448,357.71 from CNY 1,566,998,038.12 at the end of the previous year[2] - The total equity attributable to shareholders decreased to CNY 1,473,448,357.71 from CNY 1,484,245,457.87, a decline of approximately 0.7%[13] Operational Efficiency - The total operating costs for Q1 2024 were CNY 279,606,169.23, up from CNY 263,939,572.25, reflecting a year-over-year increase of 5.9%[14] - Research and development expenses for Q1 2024 were CNY 2,909,010.17, slightly down from CNY 2,973,039.70, showing a focus on cost control in R&D[14] - The company reported a decrease in sales expenses from CNY 4,843,101.19 to CNY 4,475,766.25, reflecting a strategic effort to optimize operational costs[14] - The decline in net profit was primarily due to a decrease in the gross margin of the company's main products, water treatment agents and derivatives[5] Shareholder Information - The company had 31,500 common shareholders at the end of the reporting period[6] - The largest shareholder, Wang Zhiqing, holds 36.77% of the shares, totaling 95,270,000 shares[6] - The company repurchased 2 million shares, accounting for 0.7720% of the total share capital, with a total transaction amount of RMB 15,097,107.26[9] - The maximum and minimum repurchase prices were RMB 8.05 and RMB 7.10 per share, respectively[9] - The company plans to use the repurchased shares for cancellation and to reduce registered capital, pending shareholder approval[10] - The company’s total liabilities and equity structure will be adjusted following the cancellation of repurchased shares[10] - The company’s board approved a share repurchase plan with a total fund of no less than RMB 15 million and no more than RMB 30 million[9] Other Financial Metrics - Non-recurring losses totaled CNY 757,059.27, mainly due to donations and asset disposal losses[3] - The company experienced a foreign exchange gain of CNY 937,081.81 in Q1 2024, contrasting with a loss of CNY 576,293.96 in the same period last year[18] - The company's goodwill remained stable at CNY 46,176,978.26, indicating no impairment or changes in this asset category[13] - Accounts receivable increased to RMB 340,432,671.39 from RMB 313,201,592.52, indicating a growth of approximately 8.7%[11] - Inventory decreased to RMB 111,082,540.22 from RMB 115,403,514.54, reflecting a decrease of about 3.8%[11] - The company’s long-term receivables decreased to RMB 5,875,762.05 from RMB 7,900,398.96, a decline of approximately 25.6%[11] - The company reported a decrease in sales revenue from CNY 194,173,181.82 in Q1 2023 to CNY 188,468,150.00 in Q1 2024, a decline of approximately 2.5%[17]