HUAMAO SHARE(SZ:000850)2024-04-22 10:55Revenue and Profit - Revenue for the first quarter of 2024 was 794,034,958.22 yuan, a 4.88% increase compared to the same period last year[4] - Total revenue for Q1 2024 was 794,034,958.22 RMB, a 4.9% increase compared to 757,104,963.24 RMB in the same period last year[18] - Net profit attributable to shareholders of the listed company was -19,860,725.34 yuan, a decrease of 140.75% compared to the same period last year[4] - Net profit for Q1 2024 was -20,279,611.16 RMB, a significant decline from 47,814,192.61 RMB in Q1 2023[20] - Basic earnings per share (EPS) for Q1 2024 was -0.021 RMB, compared to 0.052 RMB in Q1 2023[20] Cash Flow - Net cash flow from operating activities was -116,838,883.17 yuan, a decrease of 202.55% compared to the same period last year[4] - Net cash flow from operating activities was -116.84 million yuan, a significant decrease compared to 113.93 million yuan in the same period last year[22] - Net cash flow from investing activities increased by 4493.15% to 641,121,243.06 yuan due to the recovery of funds from equity transfers[9] - Net cash flow from investing activities increased to 641.12 million yuan, up from 13.96 million yuan in the previous year[22] - Net cash flow from financing activities decreased by 367.40% to -379,500,262.25 yuan due to significant repayment of bank loans[9] - Net cash flow from financing activities was -379.50 million yuan, compared to 141.92 million yuan in the same period last year[22] - Net increase in cash and cash equivalents decreased by 45.11% to 145,071,023.93 yuan due to increased cash payments for raw material purchases and significant repayment of bank loans[10] - Cash and cash equivalents at the end of the period were 541.84 million yuan, down from 696.40 million yuan at the end of the previous period[22] - Cash received from tax refunds was 1.75 million yuan, a decrease from 2.83 million yuan in the same period last year[22] - Cash received from other operating activities was 24.07 million yuan, slightly higher than 22.68 million yuan in the previous year[22] - Cash paid for goods and services was 967.89 million yuan, an increase from 865.75 million yuan in the same period last year[22] - Cash paid to employees was 110.74 million yuan, similar to 110.52 million yuan in the previous year[22] - Cash received from investments was 627.96 million yuan, a significant increase from 15.54 million yuan in the same period last year[22] - Cash received from investment returns was 76.93 million yuan, up from 38.38 million yuan in the previous year[22] Assets and Liabilities - Total assets as of the end of the reporting period were 6,854,558,234.90 yuan, a decrease of 7.38% compared to the end of the previous year[4] - Total assets increased to 7,400,490,826.64 RMB in Q1 2024, up from 6,854,558,234.90 RMB in the previous quarter[16][17] - Total liabilities rose to 2,928,980,910.14 RMB in Q1 2024, compared to 2,437,903,415.38 RMB in the previous quarter[16][17] - Total equity increased to 4,471,509,916.50 RMB in Q1 2024, up from 4,416,654,819.52 RMB in the previous quarter[17] - The company's monetary funds at the end of the period increased to RMB 541,837,012.38 from RMB 396,765,988.45 at the beginning of the period[15] - The company's trading financial assets decreased to RMB 884,288,085.00 from RMB 956,430,442.00 at the beginning of the period[15] - The company's accounts receivable increased to RMB 385,596,459.60 from RMB 359,328,533.36 at the beginning of the period[15] - The company's inventory increased to RMB 922,716,898.93 from RMB 833,602,795.62 at the beginning of the period[15] - The company's long-term equity investment decreased to RMB 195,026,568.86 from RMB 1,055,936,091.56 at the beginning of the period[15] - The company's other equity instrument investment increased to RMB 644,967,361.03 from RMB 456,915,122.56 at the beginning of the period[15] Investments and Equity - Long-term equity investments decreased by 81.53% to 195,026,568.86 yuan due to the transfer of equity in a subsidiary[9] - Construction in progress increased by 63.21% to 59,991,977.61 yuan due to increased investment in ongoing projects[9] - Fair value change income decreased by 266.82% to -71,942,357.00 yuan due to a decline in the stock prices of holdings such as GF Securities and Guotai Junan[9] - The company transferred 35.00% of its equity in Chongqing Dangdai Lishi Industrial Development Co., Ltd. for RMB 704,889,156.10[13] - The total number of ordinary shareholders at the end of the reporting period is 35,959[11] - Anhui Huamao Group Co., Ltd. holds 46.40% of the shares, totaling 437,860,568 shares[11] Operating Activities - Operating cash flow from sales of goods and services was 985,664,009.19 RMB in Q1 2024, down from 1,121,089,238.57 RMB in Q1 2023[21] - R&D expenses decreased to 22,739,426.64 RMB in Q1 2024, a 10.3% drop from 25,344,029.27 RMB in Q1 2023[18]