沙河股份(000014) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥210,740,560.97, a decrease of 45.88% compared to ¥389,370,140.21 in the same period last year[5] - The net profit attributable to shareholders for Q1 2024 was ¥46,382,233.53, down 71.29% from ¥161,573,954.98 year-on-year[5] - The basic earnings per share for Q1 2024 was ¥0.1916, a decrease of 71.30% from ¥0.6675 in the same period last year[5] - The total profit for Q1 2024 was CNY 62,474,319.42, down from CNY 215,465,016.67 in the same period last year, representing a decline of 71.0%[18] - The net profit for Q1 2024 was CNY 46,294,977.17, a decrease of 71.3% compared to CNY 161,533,245.62 in Q1 2023[18] - The company reported operating income of CNY 63,098,273.65 for Q1 2024, a decrease of 70.7% from CNY 215,453,016.67 in Q1 2023[18] Cash Flow and Liquidity - The net cash flow from operating activities was -¥30,356,870.86, a decline of 107.49% compared to ¥405,524,766.19 in the previous year[9] - Cash and cash equivalents at the end of Q1 2024 were CNY 533,685,547.80, down from CNY 1,000,782,095.49 at the end of Q1 2023, indicating a decrease of 46.7%[22] - The total cash outflow from operating activities in Q1 2024 was CNY 85,193,601.53, compared to CNY 99,228,228.61 in Q1 2023[21] - The cash flow from investing activities in Q1 2024 was negative CNY 422,399.00, compared to negative CNY 18,168.90 in Q1 2023[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,381,346,378.86, down 5.21% from ¥2,512,359,371.41 at the end of the previous year[5] - Total liabilities decreased to CNY 624,355,468.52 from CNY 801,663,438.24, a decline of 22.1%[15] - Accounts receivable decreased by 37.31% to ¥2,187,010.36 due to collections during the reporting period[8] - Inventory decreased to CNY 1,471,584,075.78 from CNY 1,568,924,599.38, representing a decline of 6.2%[13] - The company's cash and cash equivalents balance decreased by 46.67% to ¥533,685,547.80 from ¥1,000,782,095.49 in the previous year[9] Expenses - The company reported a significant reduction in sales expenses, which fell by 96.73% to ¥351,025.58 compared to ¥10,739,941.16 in the previous year[9] - Total operating costs for Q1 2024 were CNY 147,786,872.20, down 15.1% from CNY 174,032,557.98 in Q1 2023[17] - The company incurred income tax expenses of CNY 16,179,342.25 in Q1 2024, down from CNY 53,931,771.05 in Q1 2023[18] Return on Equity - The weighted average return on equity decreased to 2.76% from 12.95% year-on-year, a drop of 10.19%[5]