岳阳兴长(000819) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥831,488,119.72, representing a 10.59% increase compared to ¥751,835,252.20 in the same period last year[4] - Net profit attributable to shareholders was ¥21,599,522.11, a 30.97% increase from ¥16,492,230.31 year-on-year[4] - Basic earnings per share increased to ¥0.072, up 30.91% from ¥0.055 in the same period last year[4] - The total profit for the period was ¥30,664,582.52, a 47.81% increase from ¥20,746,226.20 in the previous year[7] - Net profit for Q1 2024 was CNY 17.12 million, compared to CNY 16.48 million in Q1 2023, showing a slight increase of 3.9%[19] - Total comprehensive income for Q1 2024 was CNY 18.47 million, compared to CNY 17.55 million in Q1 2023, reflecting an increase of 5.2%[19] Cash Flow - The net cash flow from operating activities was negative at -¥25,657,489.56, a decline of 156.85% compared to ¥45,129,840.27 in the previous year[4] - The net cash flow from operating activities decreased to -25,657,489.56, a decline of 156.85% compared to the previous period[8] - The total cash inflow from investment activities was 1,018,701.82, down 55.90% year-on-year[8] - Cash outflow for investment activities reached 32,000,000.00, marking a 100% increase as the company invested in Guangdong Dongyue Chemical Technology Co., Ltd.[8] - The net cash flow from financing activities was -206,155,786.00, a decrease of 275.90% due to reduced bank borrowings[8] - The company incurred a financial expense of CNY 87.10 million in Q1 2024, a decrease from CNY 552.04 million in Q1 2023[18] - The company’s investment activities resulted in a net cash outflow of CNY 254.59 million in Q1 2024, compared to CNY 220.74 million in Q1 2023[21] Assets and Liabilities - Total assets decreased by 8.96% to ¥3,097,324,672.03 from ¥3,402,086,397.64 at the end of the previous year[4] - Cash and cash equivalents decreased to RMB 615,976,835.32 from RMB 1,102,388,463.97, representing a decline of 44.1%[13] - Accounts receivable decreased to RMB 106,320,489.50 from RMB 131,457,405.19, a reduction of 19.1%[14] - Total liabilities decreased to RMB 859,459,282.04 from RMB 1,197,946,270.95, a reduction of 28.3%[15] - Non-current assets increased to RMB 2,047,437,217.64 from RMB 1,933,735,452.58, an increase of 5.9%[14] - Short-term borrowings decreased to RMB 56,016,000.00 from RMB 179,500,000.00, a decrease of 68.8%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,649[10] - The largest shareholder, Sinopec Group Asset Management Co., Ltd., holds 22.80% of the shares, totaling 84,304,748 shares[10] Inventory and Investments - Inventory increased by 90.45% to ¥156,306,270.96, primarily due to raw material reserves and in-process products from subsidiaries entering trial production[6] - Long-term equity investments surged by 667.34% to ¥36,584,298.77, mainly due to new investments in Guangdong Dongyue Chemical Technology Co., Ltd.[6]