江苏国泰(002091) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥8,079,679,601.44, a decrease of 0.57% compared to ¥8,122,618,998.48 in the same period last year[5]. - Net profit attributable to shareholders was ¥213,021,086.20, down 31.93% from ¥312,937,003.15 in the previous year[5]. - Basic earnings per share decreased to ¥0.13, down 31.58% from ¥0.19 in the same period last year[5]. - The total net profit for the period was 367,884,329.05, down from 497,520,508.95 in the previous period, representing a decrease of approximately 26.0%[33]. - The operating profit for the period was 505,054,770.12, compared to 662,727,791.73 in the previous period, indicating a decline of about 23.8%[33]. - The total profit for the period was 504,726,786.54, down from 663,900,728.12, reflecting a decrease of approximately 24.0%[33]. - The total operating revenue for the current period was ¥8,095,532,343.82, a decrease of 0.58% from ¥8,142,877,997.06 in the previous period[41]. - Total operating costs for the current period were ¥7,573,144,727.48, slightly down from ¥7,584,616,453.97, indicating a cost management strategy[41]. Cash Flow - The net cash flow from operating activities was -¥1,790,794,507.38, a significant decline of 347.29% compared to ¥724,157,789.00 in Q1 2023[5]. - The net cash flow from investing activities was -431,452,989.48, a decrease of 39.38% compared to the previous period[25]. - The net cash flow from financing activities increased to 479,716,700.82, a significant increase of 308.99% due to an increase in bank loans received[25]. - The net cash flow from financing activities was 479,716,700.82 RMB, a significant improvement compared to the previous year's negative cash flow of -229,543,400.22 RMB[35]. - Cash received from sales of goods and services was ¥7,922,364,984.92, down from ¥9,059,737,356.30, indicating a decline in sales performance[43]. - Cash inflow from investment activities was ¥3,364,993,002.74, significantly lower than ¥8,919,816,126.11 in the previous period, suggesting reduced investment returns[43]. Assets and Liabilities - Total assets at the end of the reporting period were ¥41,845,396,101.89, a decrease of 3.00% from ¥43,139,474,342.93 at the end of the previous year[5]. - Cash and cash equivalents at the end of the period amounted to 15,211,937,631.01 RMB, down from 16,904,956,958.85 RMB, indicating a decrease of about 10.0%[35]. - The total current liabilities decreased to 14,496,695,599.53 RMB from 16,210,967,265.45 RMB, representing a reduction of approximately 10.6%[40]. - The company's long-term borrowings and bonds payable increased to 1,528,780,090.96 RMB and 3,928,890,539.83 RMB respectively, compared to 1,458,554,528.06 RMB and 3,891,359,033.85 RMB in the previous period[40]. - The total equity increased to 20,317,127,347.92 RMB from 21,902,453,162.47 RMB, showing a decrease of about 7.2%[40]. - The total equity attributable to shareholders was ¥15,443,236,093.72, up from ¥15,242,785,146.68, showing a slight increase in shareholder value[41]. Expenses - Research and development expenses decreased by 30.98% to ¥18,761,891.11 from ¥27,182,961.26 in the previous year[23]. - Sales expenses increased by 34.85% to ¥481,304,792.29 compared to ¥356,928,398.87 in the same period last year, indicating a recovery in business activities[23]. - The company reported a net interest expense of ¥75,587,393.51, an increase from ¥65,913,603.04, indicating rising borrowing costs[41]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 60,115, with the top ten shareholders holding a significant portion of the shares[25]. - Jiangsu Guotai International Trade Co., Ltd. is the actual controller of the company, holding 31.99% of the shares[25]. Other Information - The company recognized government subsidies amounting to ¥8,328,814.78 during the reporting period, contributing positively to its financial performance[7]. - The company reported a decrease in other comprehensive income after tax, amounting to -21,090,830.16, compared to -2,659,407.97 in the previous period[33]. - The company has not reported any new product developments or market expansions in this quarter[34]. - The company plans to focus on new product development and market expansion strategies to enhance future growth prospects[44]. - The company is adjusting to new accounting standards starting in 2024, which may impact financial reporting and performance metrics[45].