长海股份(300196) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 was CNY 580,956,061.58, a decrease of 3.67% compared to CNY 603,084,667.07 in the same period last year[4] - Net profit attributable to shareholders was CNY 50,793,526.07, down 37.56% from CNY 81,350,922.64 year-on-year[4] - Basic earnings per share decreased by 40.00% to CNY 0.12 from CNY 0.20 in the previous year[4] - Operating profit decreased to ¥56,281,708.07, a decline of 39.5% compared to ¥93,100,075.32 in the previous period[26] - Net profit for the current period is ¥50,661,163.32, down 37.5% from ¥81,215,843.82 in the previous period[26] Cash Flow - Operating cash flow decreased by 49.69% to CNY 53,274,611.75 from CNY 105,891,164.41 year-on-year[4] - The net cash flow from operating activities decreased by 49.69% to ¥53,274,611.75, primarily due to reduced sales receipts and increased payments for time deposits[11] - Cash flow from operating activities generated a net amount of ¥53,274,611.75, down 49.7% from ¥105,891,164.41 in the previous period[28] - Cash and cash equivalents at the end of the period totaled ¥1,110,251,981.42, a decrease from ¥1,173,975,248.70 at the end of the previous period[29] Assets and Liabilities - Total assets increased by 5.70% to CNY 6,673,577,064.84 from CNY 6,313,786,200.30 at the end of the previous year[4] - The company's total liabilities as of March 31, 2024, were RMB 2,167,029,696.94, up from RMB 1,854,838,593.59 at the beginning of the period[22] - The company's equity attributable to shareholders increased to RMB 4,512,276,652.90 from RMB 4,464,544,528.96 at the beginning of the period[23] - The company's current assets increased to RMB 2,984,018,571.97 from RMB 2,810,030,406.25 at the beginning of the period[20] Borrowings and Financing - The company reported a significant increase in short-term borrowings, rising 573.44% to CNY 249,950,000.00 from CNY 37,115,583.33[10] - The company received ¥176,568,150.00 in cash from financing activities, an increase of 31.77% due to increased bank borrowings[11] Investment Activities - Investment income surged by 2910.74% to CNY 4,453,608.42 compared to a loss of CNY 158,449.58 in the previous year[10] - Investment activities resulted in a net cash outflow of ¥44,663,047.92, compared to a larger outflow of ¥107,493,390.02 in the previous period[29] - The company invested RMB 10 million in a partnership fund with a total scale of RMB 75 million, representing 13.33% of the total contributions[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,866, with no preferred shareholders[13] - Major shareholder Yang Pengwei holds 41.71% of the shares, amounting to 170,474,412 shares[13] - The top ten shareholders collectively hold significant stakes, with the largest being Yang Pengwei and Yang Guowen, who are identified as acting in concert[14] - The company has not reported any changes in the status of restricted shares for major shareholders during the reporting period[15] Operational Changes - The company plans to increase production capacity, as indicated by a 50.51% rise in construction in progress to CNY 713,867,200.10[9] - The company’s gross profit margin decreased due to a reduction in sales profit, impacting overall profitability[10] - The company reported a decrease in research and development expenses to ¥26,469,707.08, down 26.0% from ¥35,734,673.88 in the previous period[24]