中旗股份(300575) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥454,174,060.88, representing a decrease of 38.81% compared to ¥742,208,239.27 in the same period last year[6] - The net profit attributable to shareholders was a loss of ¥9,883,434.43, a decline of 110.66% from a profit of ¥92,697,364.92 in the previous year[6] - Total operating revenue for Q1 2024 was ¥454,174,060.88, a decrease of 38.9% compared to ¥742,208,239.27 in Q1 2023[19] - Net profit for Q1 2024 was a loss of ¥10,470,497.67, compared to a profit of ¥93,087,695.73 in Q1 2023, representing a significant decline[20] - Basic and diluted earnings per share for Q1 2024 were both -¥0.02, compared to ¥0.20 in Q1 2023[20] Cash Flow - The net cash flow from operating activities increased significantly to ¥108,675,167.33, a 948.15% improvement from -¥12,813,236.69 in Q1 2023[6] - The company reported a total cash flow from operating activities of ¥127,173.31 in Q1 2024, compared to ¥45,664.34 in Q1 2023[20] - Cash inflows from operating activities totaled $483,706,462.79, down 37.1% from $767,795,607.28 in the prior period, primarily due to a decrease in cash received from sales of goods and services[22] - Cash outflows from operating activities decreased to $375,031,295.46 from $780,608,843.97, reflecting a reduction in expenses[22] - The net cash flow from investing activities was -$57,916,849.41, an improvement from -$117,018,363.95 in the previous period, indicating reduced investment losses[22] - The net cash flow from financing activities was -$65,371,929.57, a decline from a positive net cash flow of $324,685,685.02 in the previous period, indicating increased debt repayments[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,908,553,965.63, reflecting a 1.35% increase from ¥3,856,490,960.65 at the end of the previous year[6] - Total liabilities rose to ¥1,651,126,103.20 in Q1 2024, compared to ¥1,589,281,017.59 in Q1 2023, indicating an increase of 3.9%[19] - The company's equity attributable to shareholders decreased to ¥2,155,570,228.23 in Q1 2024 from ¥2,164,765,245.63 in Q1 2023, a decline of 0.4%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,462[13] - The largest shareholder, Wu Yaojun, holds 29.12% of shares, totaling 135,341,092 shares, with 39,820,000 shares pledged[13] - The number of shareholders holding priority shares is zero, indicating no priority shareholders[15] - There are no changes in the top 10 shareholders due to margin trading activities[14] Operational Efficiency - The company experienced a decrease in financial expenses, which fell by 129.93% to -¥4,027,041.62, primarily due to exchange rate fluctuations[10] - The company received government subsidies amounting to ¥553,233.54 during the reporting period, which positively impacted its financial performance[8] - Research and development expenses for Q1 2024 were ¥15,870,822.94, down 20.8% from ¥20,035,005.50 in Q1 2023[19] Asset Composition - Accounts receivable increased to ¥307,462,396.10 from ¥295,747,966.34, reflecting a growth of approximately 5.8%[17] - Inventory rose to ¥496,139,239.22, up from ¥429,610,961.09, indicating an increase of about 15.5%[17] - Total current assets reached ¥1,402,122,895.42, compared to ¥1,352,483,579.47 at the beginning of the period, marking an increase of approximately 3.7%[17] - Fixed assets amounted to ¥1,988,465,108.22, up from ¥1,888,271,958.86, showing a growth of about 5.3%[17] - The company has a goodwill of ¥29,879,992.49, unchanged from the previous period[17] Financial Ratios - The weighted average return on equity was -0.46%, a decrease of 4.89% from 4.43% in the previous year[6] - The total liabilities to equity ratio increased to 0.73 in Q1 2024 from 0.70 in Q1 2023, indicating a slight increase in financial leverage[19]