金岭矿业(000655) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥280,635,323.92, representing a 6.64% increase compared to ¥263,164,114.62 in the same period last year[5] - Net profit attributable to shareholders for Q1 2024 was ¥22,064,263.87, a 34.29% increase from ¥16,430,688.23 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥21,786,948.65, up 32.93% from ¥16,389,321.50 in the previous year[5] - Basic and diluted earnings per share for Q1 2024 were both ¥0.037, reflecting a 32.14% increase from ¥0.028 in the previous year[5] - The total operating revenue for the first quarter was approximately CNY 280.64 million, an increase of 6.4% compared to CNY 263.16 million in the previous year[55] - The net profit for the first quarter reached CNY 22.94 million, representing a significant increase of 36.3% from CNY 16.83 million in the same period last year[48] - The profit attributable to the parent company's shareholders was CNY 22.06 million, compared to CNY 16.43 million, marking a year-over-year growth of 34.4%[48] - Total comprehensive income for the period reached ¥24,756,924.83, up from ¥16,829,234.05 in the previous period, representing a significant increase[58] Cash Flow - The net cash flow from operating activities was -¥77,141,934.75, a significant decrease of 629.89% compared to ¥14,558,144.77 in the same period last year[5] - Cash inflows from operating activities totaled ¥250,152,778.83, a decrease from ¥330,045,903.18 in the prior period[58] - Cash outflows for purchasing goods and services increased to ¥204,634,574.76 from ¥193,732,495.90, reflecting rising operational costs[58] - Payments to employees decreased slightly to ¥87,590,100.37 from ¥92,152,534.67, indicating potential cost management efforts[58] - Tax payments rose significantly to ¥26,662,401.88 from ¥17,693,005.03, suggesting increased tax liabilities[58] - Other cash payments related to operating activities decreased to ¥8,407,636.57 from ¥11,909,722.81, indicating improved efficiency in this area[58] - The company reported a net cash outflow from investing activities, with no cash recovered from investments during the period[58] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥3,781,844,940.67, a slight increase of 0.58% from ¥3,760,193,745.54 at the end of the previous year[5] - Shareholders' equity attributable to the parent company was ¥3,290,870,384.32, up 0.73% from ¥3,267,002,833.03 at the end of the previous year[5] - The total liabilities stood at CNY 450.53 million, slightly down from CNY 453.76 million in the previous year[55] - The company reported a decrease in contract liabilities by 42.33%, from ¥36,270,429.20 to ¥20,918,896.41, a reduction of ¥15,351,532.79[30] - Other current liabilities decreased by 46.95%, from ¥5,126,399.72 to ¥2,719,456.53, a change of ¥2,406,943.19[30] Operational Metrics - The company reported an increase in accounts receivable to ¥30,558,838.32 from ¥10,812,624.02, indicating a significant rise in credit sales[21] - Inventory increased to ¥97,271,144.77 from ¥63,058,204.89, suggesting a buildup of stock[21] - Accounts receivable increased by 182.62%, from ¥10,812,624.02 to ¥30,558,838.32, reflecting a change of ¥19,746,214.30[30] - Inventory rose by 54.26%, from ¥63,058,204.89 to ¥97,271,144.77, an increase of ¥34,212,939.88[30] Expenses - Research and development expenses increased by 45.92%, from ¥2,682,651.14 to ¥3,914,400.77, a change of ¥1,231,749.63[33] - Investment income grew by 36.98%, from ¥6,460,511.72 to ¥8,849,650.57, an increase of ¥2,389,138.85[33] - Tax expenses paid increased by 50.69%, from ¥17,693,005.03 to ¥26,662,401.88, a change of ¥8,969,396.85[34] Capital Expenditures - The company’s fixed asset and intangible asset purchases increased by 72.59%, from ¥6,445,172.08 to ¥11,123,789.11, an increase of ¥4,678,617.03[34] - The company did not sell or transfer fixed assets or intangible assets during the period, resulting in a net cash recovery of ¥0.00 from such disposals[34] Future Outlook - The company disclosed updates regarding the mining rights of its subsidiaries, indicating ongoing operational adjustments[38] - The company is set to implement new accounting standards starting in 2024, which may impact future financial reporting[60]