维远股份(600955) - 2024 Q1 - 季度财报

Financial Performance - Operating revenue for the reporting period reached CNY 2,139,809,057.80, representing a year-on-year increase of 26.40%[3] - Net profit attributable to shareholders of the listed company was CNY 19,089,087.54, a decrease of 26.83% compared to the same period last year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 15,569,131.03, down 11.17% year-on-year[3] - Basic and diluted earnings per share were both CNY 0.03, reflecting a decrease of 40.00% compared to the previous year[3] - Total operating revenue for Q1 2024 reached RMB 2,139,809,057.80, a 26.4% increase from RMB 1,692,870,706.42 in Q1 2023[13] - Net profit for Q1 2024 was RMB 19,089,087.54, a decrease of 26.8% compared to RMB 26,087,304.88 in Q1 2023[13] - Basic and diluted earnings per share for Q1 2024 were both RMB 0.03, down 40.0% from RMB 0.05 in Q1 2023[35] Cash Flow - Net cash flow from operating activities amounted to CNY 469,478,693.76, showing a significant increase of 1,203.65%[3] - Cash flow from operating activities for Q1 2024 was RMB 2,342,157,371.85, an increase of 27.5% from RMB 1,835,778,406.55 in Q1 2023[25] - Cash inflow from operating activities reached $2,766,685,130.35, significantly higher than $1,840,680,093.86, marking an increase of approximately 50.4%[43] - Net cash flow from operating activities was $469,478,693.76, compared to $36,012,686.90, reflecting a substantial rise[43] - The company reported a net cash inflow from financing activities of ¥437,563,062.04 for the first quarter of 2024, compared to ¥315,075,308.95 in the same period last year, reflecting a growth of approximately 39%[53] Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,150,560,215.69, an increase of 2.00% from the end of the previous year[3] - Total current assets reached ¥1,823,410,414.08, up from ¥1,774,395,743.54 at the end of 2023, indicating an increase of about 2.8%[49] - Long-term borrowings increased to CNY 2,429,869,563.45, up from CNY 2,151,117,003.33 in the previous year[12] - The company reported a decrease in accounts payable to $1,202,124,370.51 from $1,463,651,002.36, a reduction of approximately 17.8%[43] - The company’s short-term borrowings increased to $450,000,000.00 from $400,000,000.00, reflecting a rise of 12.5%[39] Expenses - Total operating costs for Q1 2024 were RMB 2,138,952,813.79, up from RMB 1,670,074,263.82 in Q1 2023, reflecting a 28.0% increase[13] - Research and development expenses for Q1 2024 totaled RMB 8,833,441.80, up 42.0% from RMB 6,222,424.39 in Q1 2023[13] - Management expenses increased to RMB 32,371,007.80 in Q1 2024, compared to RMB 16,747,798.22 in Q1 2023, marking a 93.5% rise[13] - Tax expenses for Q1 2024 were RMB 6,312,735.47, down from RMB 8,123,887.80 in Q1 2023, indicating a 22.3% decrease[13] Shareholder Information - Shareholders' equity attributable to the listed company was CNY 8,623,561,804.71, a slight decrease of 0.12% from the previous year[3] - The top shareholder, Weiyuan Holdings, holds 19.73% of shares, totaling 108,500,000 shares[45] - The company distributed dividends totaling ¥19,797,407.96 during the quarter, which is part of its ongoing commitment to return value to shareholders[53] Other Financial Metrics - Non-recurring gains and losses totaled CNY 3,519,956.51 for the period[7] - The weighted average return on net assets was 0.22%, a decrease of 0.08 percentage points[3] - Cash outflow for purchasing goods and services was $2,201,954,229.20, up from $1,651,555,800.29, an increase of around 33.3%[43] - Cash flow from investing activities showed a net outflow of $668,520,563.11, compared to a smaller outflow of $195,408,628.00, indicating a worsening in investment cash flow[43] - The company’s receivables from accounts amounted to ¥50,000,000.00 as of March 31, 2024, indicating a focus on maintaining liquidity and managing credit risk[49] - The company’s other current assets decreased from ¥358,390,327.15 to ¥30,246,226.58, reflecting a significant reduction in this category[49] Management and Governance - The company’s actual controller is represented by a core management team led by Xu Yunting, ensuring strategic alignment and governance[46]