万丰股份(603172) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥99,198,591.67, a decrease of 27.38% compared to the same period last year[5] - The net profit attributable to shareholders was ¥5,823,533.04, down 62.14% year-on-year[5] - The basic earnings per share decreased by 73.33% to ¥0.04[6] - The net profit after deducting non-recurring gains and losses was ¥6,092,969.34, a decrease of 60.26% year-on-year[5] - The company reported a net profit margin of approximately 8.1% for Q1 2024, compared to 10.3% in Q1 2023[21] - The total comprehensive income for Q1 2024 was CNY 6,142,233.42, down 60.7% from CNY 15,627,052.54 in Q1 2023[23] - The total operating profit of CNY 6,971,326.86 for Q1 2024, a decrease of 60.1% from CNY 17,817,538.37 in Q1 2023[26] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥15,844,684.01, an increase of 2.17% compared to the previous year[5] - Cash and cash equivalents as of March 31, 2024, were CNY 394,010,763.34, a decrease of 14.8% from CNY 462,923,178.26 at the end of 2023[16] - The net cash flow from operating activities for Q1 2024 was -CNY 15,844,684.01, compared to -CNY 15,508,011.17 in Q1 2023[26] - The company reported a net cash outflow from investing activities of -CNY 48,923,191.20 in Q1 2024, compared to -CNY 52,551,699.21 in Q1 2023[27] - The net cash flow from financing activities for Q1 2024 was -CNY 2,049,772.52, a decrease from a positive cash flow of CNY 11,541,180.25 in Q1 2023[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,319,217,490.05, a decrease of 4.63% from the end of the previous year[6] - Total assets as of March 31, 2024, were CNY 1,319,217,490.05, down from CNY 1,383,271,354.19 at the end of 2023, a decrease of 4.6%[18] - Total liabilities decreased to CNY 278,846,771.00 from CNY 349,060,156.68, a reduction of 20.1%[18] - Shareholders' equity increased slightly to CNY 1,040,370,719.05 from CNY 1,034,211,197.51, an increase of 0.4%[18] Competition and Market Conditions - The decline in net profit is primarily attributed to intensified competition in the industry, leading to decreased product prices and sales revenue[10] - The company has not disclosed any new product developments or market expansion strategies during this reporting period[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,471[12]