山东海化(000822) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,843,160,390.84, a decrease of 22.05% compared to ¥2,364,623,197.04 in the same period last year[2] - Net profit attributable to shareholders was ¥155,627,031.09, down 35.01% from ¥239,456,309.40 year-on-year[2] - Total operating revenue for Q1 2024 was CNY 1,843,160,390.84, a decrease of 22.0% compared to CNY 2,364,623,197.04 in Q1 2023[11] - Net profit for Q1 2024 was CNY 155,627,031.09, a decline of 35.0% from CNY 239,599,752.82 in Q1 2023[12] - The company reported a total comprehensive income of CNY 155,649,051.09 for Q1 2024, compared to CNY 239,599,752.82 in Q1 2023, a decline of 35.0%[12] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly to ¥242,265,285.93, a 401.88% improvement from -¥80,252,782.49 in the previous year[2] - The net cash flow from operating activities for Q1 2024 was CNY 242,265,285.93, compared to a negative cash flow of CNY 80,252,782.49 in Q1 2023[14] - The cash inflow from operating activities totaled CNY 1,580,347,862.96 in Q1 2024, compared to CNY 1,156,352,029.91 in Q1 2023, an increase of 36.8%[14] - The total cash and cash equivalents at the end of Q1 2024 amounted to CNY 1,147,646,006.83, an increase from CNY 871,524,271.67 at the beginning of the period[15] - The net increase in cash and cash equivalents for the quarter was CNY 276,121,735.16[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,912,301,828.03, a decrease of 1.73% from ¥8,051,532,733.76 at the end of the previous year[2] - The total liabilities decreased to CNY 2,593,666,443.14 in Q1 2024 from CNY 2,890,408,357.69 in Q1 2023, a reduction of 10.3%[11] - Total current liabilities decreased to CNY 2,044,446,706.76 from CNY 2,367,293,035.92, a reduction of about 13.6%[10] - Long-term borrowings increased to CNY 209,415,000.00 from CNY 189,120,000.00, indicating an increase of approximately 10.8%[10] Shareholder Equity - The company’s equity attributable to shareholders increased by 3.04% to ¥5,336,991,981.54 from ¥5,179,480,972.72 at the end of the previous year[2] - The total equity attributable to shareholders of the parent company increased to CNY 5,336,991,981.54 in Q1 2024, up from CNY 5,179,480,972.72 in Q1 2023, an increase of 3.0%[11] Accounts Receivable and Inventory - Accounts receivable rose by 266.12% to ¥311,144,163.31, primarily due to an increase in sales on credit[6] - Accounts receivable rose significantly to CNY 311,144,163.31 from CNY 84,983,443.33, marking an increase of about 267.5%[9] - Inventory levels increased to CNY 308,628,429.44 from CNY 271,906,331.09, reflecting a rise of approximately 13.5%[9] Research and Development - Research and development expenses increased to CNY 9,825,570.75 in Q1 2024, up from CNY 7,994,579.06 in Q1 2023, reflecting a growth of 23.0%[11] Other Financial Activities - The company recorded non-operating income of ¥6,096,204.21, mainly from the disposal of non-current assets[3] - The company has announced plans for market expansion and new product development, although specific figures were not disclosed in the report[8] - Shandong Haihua has received performance compensation from its controlling shareholder, indicating ongoing financial support for its operations[8] - The company paid CNY 1,437,413.35 in dividends and interest during the quarter[15] Earnings Per Share - Basic earnings per share for Q1 2024 were CNY 0.17, down from CNY 0.27 in Q1 2023, a decrease of 37.0%[12] Audit Status - The first quarter report for 2024 was not audited[16]