万丰奥威(002085) - 2024 Q1 - 季度财报

Revenue and Profit - The company's revenue for Q1 2024 was ¥3,539,932,746.58, a decrease of 2.04% compared to ¥3,613,758,367.13 in the same period last year[5] - Net profit attributable to shareholders was ¥226,787,591.36, reflecting a 1.25% increase from ¥223,993,563.31 year-on-year[5] - Total operating revenue for the first quarter was CNY 3,539,932,746.58, a decrease of 2.04% compared to CNY 3,613,758,367.13 in the previous period[33] - The net profit for the current period is CNY 291,599,048.48, an increase from CNY 275,497,083.17 in the previous period, representing a growth of approximately 5.0%[36] - The total profit for the current period is CNY 374,496,764.76, compared to CNY 356,335,092.35 in the previous period, indicating an increase of about 5.0%[36] - The operating profit for the current period is CNY 373,939,270.33, up from CNY 351,545,205.24, reflecting a growth of approximately 6.4%[36] Cash Flow - The net cash flow from operating activities significantly decreased by 98.07%, amounting to ¥12,888,657.41 compared to ¥666,152,781.78 in the previous year[5] - The cash flow from operating activities for the current period is CNY 12,888,657.41, a significant decrease from CNY 666,152,781.78 in the previous period[41] - The cash flow from investing activities shows a net outflow of CNY 39,884,258.68, compared to a net outflow of CNY 66,066,733.29 in the previous period, indicating an improvement[44] - The cash flow from financing activities has a net inflow of CNY 79,454,788.80, contrasting with a net outflow of CNY 384,744,296.94 in the previous period, showing a positive shift[44] Assets and Liabilities - The total assets at the end of the reporting period were ¥17,667,174,899.93, showing a slight increase of 0.13% from ¥17,645,063,288.21 at the end of the previous year[5] - Total assets reached CNY 17,667,174,899.93, slightly up from CNY 17,645,063,288.21 in the previous period[32] - Total liabilities decreased to CNY 8,136,045,870.20 from CNY 8,265,983,215.10 in the prior period[32] - The company's equity attributable to shareholders increased to CNY 6,856,472,624.04 from CNY 6,727,422,177.00[32] Shareholder Information - The company reported a total of 187,284 common shareholders at the end of the reporting period[24] - The largest shareholder, Wan Feng Ao Te Holding Group Co., Ltd., holds 34.37% of the shares, totaling 729,697,747 shares[24] Expenses - Total operating costs amounted to CNY 3,207,498,535.22, down 2.48% from CNY 3,289,047,353.35 in the prior period[33] - Research and development expenses were CNY 95,045,778.43, a decrease of 12.03% from CNY 107,981,729.60 in the previous period[33] - The company reported a decrease in sales expenses to CNY 45,994,167.10 from CNY 59,346,336.95 in the previous period, indicating improved cost management[33] Other Income and Financing - Financial expenses decreased by 71.02%, amounting to a reduction of ¥51,774,900, primarily due to a decrease in loan balances and funding costs[10] - Other income increased by 94.25%, totaling an increase of ¥20,802,200, mainly due to VAT deductions for advanced manufacturing enterprises[10] - The company has a total of CNY 875,635,974.67 in accounts receivable financing, an increase from CNY 669,497,556.29[27] Inventory and Receivables - Accounts receivable decreased to CNY 2,950,055,548.79 from CNY 3,247,444,214.35, reflecting a decline of approximately 9.15%[27] - Inventory increased to CNY 2,933,813,831.64, compared to CNY 2,781,536,740.50, indicating a growth of about 5.47%[27] - The total amount of other receivables rose to CNY 105,686,735.84 from CNY 83,719,292.76, marking an increase of approximately 26.19%[27] Future Outlook - The company has not reported any significant new product developments or market expansions during this period[28] - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[30] Earnings Per Share - The diluted earnings per share remain stable at CNY 0.11 for both the current and previous periods[39]