云天化(600096) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was approximately ¥13.86 billion, representing a decrease of 12.77% compared to the same period last year[4] - The net profit attributable to shareholders was approximately ¥1.46 billion, down 7.18% year-on-year[4] - The basic and diluted earnings per share were both ¥0.7956, reflecting a decrease of 7.16% compared to the previous year[4] - Total revenue for Q1 2024 was CNY 13.86 billion, a decrease of 12.74% compared to CNY 15.89 billion in Q1 2023[16] - Operating profit for Q1 2024 was CNY 2.09 billion, down from CNY 2.19 billion in Q1 2023, reflecting a decline of 4.88%[16] - Net profit for Q1 2024 was CNY 1.70 billion, compared to CNY 1.90 billion in Q1 2023, representing a decrease of 10.48%[17] - The company reported a basic earnings per share of CNY 0.7956 for Q1 2024, down from CNY 0.8570 in Q1 2023, a decline of 7.19%[17] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 62.42%, amounting to approximately ¥2.49 billion, due to higher sales of inventory[6] - Cash flow from operating activities for Q1 2024 was CNY 2.49 billion, significantly higher than CNY 1.53 billion in Q1 2023, an increase of 62.43%[18] - Cash inflow from operating activities totaled CNY 14.75 billion in Q1 2024, down from CNY 17.65 billion in Q1 2023, a decrease of 16.36%[18] - Net cash flow from financing activities was -$338.61 million, compared to -$363.15 million in the previous period[19] - Total cash and cash equivalents at the end of the period reached $7.87 billion, up from $5.94 billion in the previous period[19] - Cash flow from investing activities showed a net outflow of -$303.89 million, compared to -$997.05 million last year[19] - Cash inflow from financing activities totaled $3.52 billion, down from $6.02 billion in the previous period[19] - Cash outflow for debt repayment was $3.38 billion, compared to $5.75 billion in the previous period[19] - The net increase in cash and cash equivalents was $1.84 billion, compared to $165.86 million in the previous period[19] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥54.32 billion, an increase of 3.34% from the end of the previous year[4] - The total current assets increased to ¥19,194,332,023.47 from ¥17,311,319,863.88, representing a growth of approximately 10.9%[13] - The cash and cash equivalents amounted to ¥8,261,860,228.67, up from ¥6,434,202,453.04, indicating a rise of about 28.4%[13] - The total liabilities remained stable at ¥30,562,918,466.68 compared to ¥30,560,299,665.30, showing minimal change[15] - The total assets increased to ¥54,324,998,286.60 from ¥52,570,781,784.14, reflecting a growth of approximately 3.34%[14] - The long-term borrowings increased to ¥11,603,585,730.00 from ¥11,180,429,344.74, representing a growth of about 3.8%[15] - The accounts receivable increased to ¥1,841,669,965.74 from ¥903,091,441.50, reflecting a significant rise of about 104.5%[13] Shareholder Information - The equity attributable to shareholders increased by 8.00% to approximately ¥20.24 billion compared to the end of the previous year[4] - The total equity attributable to shareholders rose to ¥20,242,424,799.88 from ¥18,742,471,289.44, indicating an increase of approximately 8.0%[15] - The top shareholder, Yuntianhua Group Co., Ltd., holds 38.12% of the shares, with a total of 699,254,292 shares[8] - The company reported a total of 14,771,865 shares held by the top shareholder, accounting for 0.81% of total shares[10] Other Financial Metrics - Non-recurring gains and losses totaled approximately ¥24.27 million for the period[5] - The company reported a weighted average return on equity of 7.49%, a decrease of 1.67 percentage points year-on-year[4] - Research and development expenses increased to CNY 90.05 million in Q1 2024, up from CNY 74.08 million in Q1 2023, marking a rise of 21.59%[16] - Total operating costs decreased to CNY 12.00 billion in Q1 2024 from CNY 13.90 billion in Q1 2023, a reduction of 13.66%[16] - Tax expenses for Q1 2024 were CNY 382.38 million, compared to CNY 285.81 million in Q1 2023, an increase of 33.73%[17] - Other comprehensive income after tax for Q1 2024 was CNY 17.01 million, contrasting with a loss of CNY 1.93 million in Q1 2023[17] Audit and Accounting Standards - The company did not conduct an audit for the quarterly report[3] - The company did not apply new accounting standards for the first quarter of 2024[20]