宝武镁业(002182) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 reached CNY 1,863,609,853.69, an increase of 10.03% compared to CNY 1,693,750,533.06 in the same period last year[5] - Net profit for the period was ¥61,581,643.49, compared to ¥56,496,711.61 in the previous period, reflecting a growth of approximately 9.3%[11] - Net profit attributable to shareholders was ¥60,719,308.87, up 19.94% from ¥50,623,824.59 year-on-year[24] - Total profit amounted to ¥71,918,095.00, up from ¥61,137,709.49, which is an increase of approximately 17.5%[8] - Basic and diluted earnings per share increased to ¥0.0857 from ¥0.0783, indicating a rise of about 4.5%[11] - The basic earnings per share for the period was ¥0.0857, an increase of 9.45% from ¥0.0783 in the same period last year[24] Assets and Liabilities - Total assets reached CNY 11,939,240,101.50, up from CNY 11,517,713,471.00, representing an increase of approximately 3.66%[4] - Total liabilities amounted to CNY 5,819,037,364.82, compared to CNY 5,459,092,377.81, reflecting an increase of approximately 6.58%[4] - Current assets totaled CNY 4,244,720,168.31, compared to CNY 4,112,751,078.15, marking an increase of approximately 3.21%[2] - Non-current assets increased to CNY 7,694,519,933.19 from CNY 7,404,962,392.85, showing a growth of about 3.92%[2] Cash Flow - Cash flow from operating activities decreased to ¥1,637,115,394.08 from ¥1,703,830,893.08, a decline of approximately 3.9%[12] - The net cash flow from operating activities was ¥184,664,408.94, a slight decrease of 1.95% from ¥188,327,455.28 in the previous year[24] - The net cash flow from investing activities was -¥725,382,436.97, compared to -¥265,227,158.33 in the previous year, indicating increased investment outflows[24] - Cash inflows from financing activities were ¥2,074,917,124.88, significantly higher than ¥994,835,547.37 in the same period last year[24] - The company reported a net increase in cash and cash equivalents of ¥102,517,684.72 for the period, compared to ¥164,418,315.59 in the previous year[18] Expenses - Total operating costs increased to ¥1,818,137,985.00 from ¥1,656,134,180.32, representing a growth of approximately 9.8% year-over-year[8] - Research and development expenses rose to ¥86,216,126.29, up from ¥57,977,414.89, marking an increase of about 48.5%[8] - Tax expenses rose to ¥10,336,451.51 from ¥4,640,997.88, reflecting an increase of about 122.5%[8] - The company reported a 403.10% increase in credit impairment losses to ¥11,469,614.98, due to a decrease in accounts receivable[37] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[10] - The company signed a development agreement with an unnamed automotive manufacturer to jointly develop large magnesium alloy die-casting parts, marking a significant milestone in the application of magnesium in the automotive sector[34] - The company entered into a strategic cooperation agreement with Shanghai Hydrogen Maple Energy Technology Co., Ltd. to enhance magnesium-based hydrogen storage technology development[43] Other Income - Other income increased significantly to ¥14,227,256.06 from ¥5,207,408.03, showing an increase of about 173.5%[8] - The company experienced a 173.21% increase in other income to ¥14,227,256.06, mainly from government subsidies received during the reporting period[37]