ST海越(600387) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥464,650,042.30, a decrease of 24.87% compared to the same period last year[5] - The net profit attributable to shareholders was ¥9,836,130.40, down 41.42% year-on-year[5] - Basic and diluted earnings per share were both ¥0.02, reflecting a decrease of 41.42%[5] - Net profit for Q1 2024 was ¥8,300,700.93, a decline of 52% from ¥17,157,070.11 in Q1 2023[19] - The total comprehensive income for Q1 2024 was ¥13,411,940.43, compared to ¥15,488,196.59 in Q1 2023[19] Cash Flow - The net cash flow from operating activities was -¥6,573,004.22, representing a decline of 96.64% compared to the previous year[5] - Cash flow from operating activities in Q1 2024 was negative at -¥6,573,004.22, compared to -¥195,884,177.41 in Q1 2023[21] - Cash flow from investing activities was -¥12,277,738.15 in Q1 2024, an improvement from -¥64,695,878.44 in Q1 2023[21] - Cash flow from financing activities showed a net outflow of -¥238,665,493.77 in Q1 2024, compared to -¥69,058,208.32 in Q1 2023[23] - The cash and cash equivalents at the end of Q1 2024 were ¥214,176,828.02, down from ¥319,564,455.22 at the end of Q1 2023[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,209,183,737.71, a decrease of 4.16% from the end of the previous year[5] - Current assets totaled RMB 2,171,779,803.36, down from RMB 2,360,003,629.32, indicating a decrease of about 8.00%[14] - Cash and cash equivalents decreased to RMB 485,182,331.36 from RMB 782,508,891.10, representing a decline of approximately 38.06%[13] - Total liabilities decreased to RMB 1,129,038,705.42 from RMB 1,339,139,639.88, reflecting a decline of about 15.66%[15] - The company's equity increased to RMB 3,080,145,032.29 from RMB 3,052,723,874.45, showing a growth of approximately 0.90%[15] Accounts Receivable and Inventory - The company reported a significant increase in accounts receivable by 59.75%, attributed to increased trade receivables[8] - Accounts receivable increased significantly to RMB 333,286,421.16 from RMB 104,461,528.82, marking an increase of about 218.00%[13] - Inventory decreased to RMB 572,490,346.42 from RMB 726,419,799.75, a reduction of approximately 21.19%[14] Internal Controls and Governance - The company has acknowledged ongoing issues with internal controls related to financial reporting, which require further verification[1] Shareholder Information - The number of shares held by the largest shareholder, Tongchuan Huinengxin Energy Co., Ltd., is 89,934,087, accounting for 19.21% of total shares[12] Investment Income - Investment income increased by 307.20%, mainly due to the sale of equity investments[8] Operating Costs - Total operating costs for Q1 2024 were ¥475,604,467.99, down 20% from ¥595,030,354.07 in Q1 2023[18] - Cash and cash equivalents decreased by 38.00%, primarily due to the repayment of short-term loans[8] Prepayments - The company reported a significant increase in prepayments, rising to RMB 399,235,450.97 from RMB 252,656,384.39, an increase of approximately 57.80%[14]