渝三峡A(000565) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥68,657,332.74, a decrease of 39.31% compared to ¥113,124,065.23 in the same period last year[5] - Net profit attributable to shareholders was ¥11,208,866.51, representing a significant increase of 164.68% from a loss of ¥17,329,018.10 in the previous year[5] - Basic and diluted earnings per share improved to ¥0.03, a 175.00% increase from -¥0.04 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 68,657,332.74, a decrease of 39.5% compared to CNY 113,124,065.23 in the same period last year[23] - Net profit for Q1 2024 was CNY 11,208,866.51, a significant recovery from a net loss of CNY 17,329,018.10 in Q1 2023[25] Cash Flow - The net cash flow from operating activities was negative at -¥34,184,709.75, which is a 13.91% decline compared to -¥30,010,898.24 in the same period last year[5] - The cash inflow from operating activities for Q1 2024 was CNY 35,796,757.79, a decrease of 36.5% compared to CNY 56,241,167.31 in the same period last year[26] - The net cash outflow from operating activities was CNY -34,184,709.75, worsening from CNY -30,010,898.24 year-over-year[26] - Cash inflow from investment activities was CNY 165,316.46, significantly down from CNY 16,512,000.00 in Q1 2023, representing a decline of 99.0%[26] - The net cash outflow from investment activities was CNY -884,701.22, compared to a net inflow of CNY 12,856,713.36 in the previous year[26] - The cash outflow from financing activities was CNY 1,543,515.97, slightly reduced from CNY 1,621,712.50 year-over-year[27] - The net cash and cash equivalents decreased by CNY 36,612,926.94, compared to a decrease of CNY 18,775,897.38 in the same period last year[27] - The ending balance of cash and cash equivalents was CNY 275,621,657.86, down from CNY 302,103,133.18 at the end of Q1 2023[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,532,174,989.18, a slight decrease of 0.46% from ¥1,539,250,739.62 at the end of the previous year[5] - Total liabilities decreased to CNY 280,575,418.86 from CNY 299,191,711.25, a reduction of 6.2%[22] - The equity attributable to shareholders increased to CNY 1,251,599,570.32 from CNY 1,240,059,028.37, representing a growth of 0.1%[22] - As of March 31, 2024, the total current assets amount to 523,798,052.48 RMB, down from 547,901,362.79 RMB at the beginning of the period[20] - The total non-current assets are valued at 1,000,000,000 RMB, with long-term equity investments at 585,188,389.23 RMB[20] Investments and Shareholder Information - The company reported a 210.71% increase in investment income, amounting to ¥20,154,612.11, compared to a loss of ¥18,205,136.91 in the same period last year[10] - The company confirmed an investment income of 19.57 million RMB from its 33% stake in Xinjiang Xinhui Gorge Clean Energy Co., Ltd.[18] - The largest shareholder, Chongqing Life Science and New Materials Industry Group Co., Ltd., holds 40.55% of shares, totaling 175,808,982 shares, with 87,904,491 shares pledged[16] - The total number of common shareholders at the end of the reporting period is 29,065[16] Operational Metrics - Total operating costs for Q1 2024 were CNY 77,861,761.99, down 30.4% from CNY 111,816,049.23 year-on-year[23] - Research and development expenses for Q1 2024 were CNY 2,668,916.40, slightly up from CNY 2,472,136.21 in the previous year[23] - The company experienced a 47.05% decrease in receivables financing, dropping to ¥23,057,143.45 from ¥43,542,752.27[10] - Prepayments increased by 88.99% to ¥2,807,165.18, influenced by contractual payments for project construction[11] - The company’s inventory increased to 95,156,116.31 RMB from 77,614,548.03 RMB, indicating a rise of approximately 22.6%[20] Other Information - The company did not report any new product launches or technological advancements during this quarter[28] - The financial report for Q1 2024 was not audited[28] - The company is expected to continue facing challenges in cash flow management moving forward[29]