大地海洋(301068) - 2024 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2024 was ¥160,961,681.68, a decrease of 13.52% compared to ¥186,121,832.36 in the same period last year[5] - Net profit attributable to shareholders increased by 66.50% to ¥7,343,045.39 from ¥4,410,272.62 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 91.95% to ¥5,664,357.58 compared to ¥2,951,022.31 in the previous year[5] - Basic earnings per share increased by 67.05% to ¥0.0877 from ¥0.0525 in the same quarter last year[5] - The company’s net profit margin for Q1 2024 is not explicitly stated but can be inferred from the revenue and cost figures[28] - The net profit for Q1 2024 was CNY 7,215,348.81, an increase of 63.5% compared to CNY 4,410,272.62 in Q1 2023[30] - Operating profit for Q1 2024 reached CNY 8,042,563.64, up from CNY 2,277,770.25 in the same period last year, representing a growth of 253.5%[30] - The company experienced a total comprehensive income of CNY 7,215,348.81 for Q1 2024, compared to CNY 4,410,272.62 in Q1 2023, marking a 63.5% increase[30] Cash Flow and Financial Position - The company's cash flow from operating activities showed a net outflow of ¥60,164,270.16, worsening by 56.17% from a net outflow of ¥38,524,765.10 in Q1 2023[12] - Cash and cash equivalents showed a net decrease of 143.87%, totaling ¥-83,298,463.62, primarily due to share buybacks and increased debt repayments[12] - Cash and cash equivalents at the end of Q1 2024 were CNY 61,975,885.88, down from CNY 147,074,349.50 at the beginning of the year[24] - The company incurred a total investment cash outflow of CNY 3,466,819.80, compared to CNY 20,728,979.05 in Q1 2023, indicating a significant reduction in investment activities[33] - Financing activities resulted in a net cash outflow of CNY -19,667,373.66, contrasting with a net inflow of CNY 25,064,299.26 in the same quarter last year[33] Assets and Liabilities - Total assets decreased by 5.21% to ¥1,264,868,967.29 from ¥1,334,452,931.47 at the end of the previous year[5] - The total liabilities decreased to CNY 450,900,601.38 from CNY 507,649,913.38, indicating a reduction in financial obligations[26] - The company’s fixed assets decreased to CNY 411,302,746.55 from CNY 418,082,835.48, reflecting a slight reduction in long-term investments[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 3,490[14] - The largest shareholder, Tang Weizhong, holds 38.07% of shares, totaling 31,982,578 shares[14] - The company plans to repurchase shares with a total fund of no less than RMB 10 million and no more than RMB 20 million, with a maximum repurchase price of RMB 39 per share[18] - As of February 21, 2024, the company has repurchased 933,706 shares, accounting for 1.11% of the total share capital, with a total transaction amount of RMB 19.9976 million[19] - The repurchased shares will be used for employee stock ownership plans or equity incentives[20] - The company has no changes in the number of restricted shares during the reporting period, totaling 44,353,907 shares[17] - The company has not disclosed any related party transactions among the top shareholders[15] - The company has not participated in any margin financing or securities lending activities[15] Financial Management and Strategy - The company reported a significant reduction in financial expenses, which increased by 49.55% to ¥2,180,445.92 due to increased bank borrowings[11] - The company plans to transfer certain fixed assets and land use rights valued at CNY 30 million to its wholly-owned subsidiary, Shengtang Environmental Protection, to enhance capital[22] - The company has approved the transfer of assets and capital increase to its wholly-owned subsidiary[21] - The company’s registered capital will increase by CNY 30 million as part of the asset transfer process[22] - The company has no significant impact on its future financial condition or operating results from the asset transfer, as it does not constitute a major asset restructuring[23] Taxation and Expenses - The company recorded a 138.76% increase in income tax expenses, amounting to ¥826,562.43, attributed to changes in deferred tax assets[11] - The company reported a credit impairment loss of CNY -1,158,195.09, significantly improved from CNY -14,047,966.41 in the previous year[30]