新疆火炬(603080) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 422,348,634.64, representing a year-on-year increase of 54.69% due to increased natural gas sales[5]. - The net profit attributable to shareholders for Q1 2024 was CNY 36,427,281.01, reflecting a year-on-year growth of 42.80, primarily driven by the increase in operating revenue[5][9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 36,309,768.26, with a year-on-year increase of 46.36%[5][9]. - The basic and diluted earnings per share for Q1 2024 were both CNY 0.26, marking a 44.44% increase compared to the same period last year[5][9]. - Total operating revenue for Q1 2024 reached ¥422,348,634.64, a significant increase of 55% compared to ¥273,030,039.33 in Q1 2023[17]. - Net profit for Q1 2024 was ¥39,084,145.36, representing a 53% increase from ¥25,508,739.00 in Q1 2023[18]. - The total comprehensive income for Q1 2024 was ¥41,300,032.99, compared to ¥28,551,563.57 in Q1 2023, indicating a growth of 45%[18]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 2,300,573,977.98, a decrease of 1.36% from the end of the previous year[6]. - The company's total assets amounted to CNY 2,300,573,977.98, a decrease from CNY 2,332,366,011.59 as of December 31, 2023, reflecting a decline of approximately 1.36%[14]. - The company's current assets totaled CNY 519,274,454.18, down from CNY 534,884,954.45, indicating a decrease of about 2.9%[14]. - The company's total liabilities decreased to CNY 710,715,883.68 from CNY 786,437,464.91, a reduction of about 9.6%[15]. - The total liabilities decreased to CNY 1.04 billion in Q1 2024 from CNY 1.07 billion in Q4 2023, a reduction of approximately 2.5%[25]. Cash Flow - The net cash flow from operating activities for Q1 2024 was negative at CNY -3,543,704.39, indicating a non-applicable change[5]. - Cash flow from operating activities for Q1 2024 was negative at -¥3,543,704.39, an improvement from -¥4,103,560.52 in Q1 2023[20]. - The net cash flow from operating activities for Q1 2024 was $4,878,587.15, a decrease from -$5,178,167.38 in the previous year[31]. - The net cash flow from investing activities was -$3,135,379.6, compared to -$5,675,018.8 in Q1 2023, indicating a reduction in cash outflow[31]. - The total cash and cash equivalents at the end of Q1 2024 stood at $156,909,924.49, down from $252,240,639.6 in Q1 2023[31]. Shareholder Equity - Shareholders' equity attributable to the parent company increased by 2.90% to CNY 1,464,077,811.42 compared to the end of the previous year[6]. - The equity attributable to shareholders rose to CNY 1,464,077,811.42 from CNY 1,422,805,128.15, an increase of approximately 2.9%[15]. Other Financial Metrics - The weighted average return on equity increased by 0.62 percentage points to 2.53%[5]. - The company received government subsidies amounting to CNY 174,410.74 during the quarter, which positively impacted its financial performance[7]. - The company reported a total of CNY 117,512.75 in non-recurring gains after accounting for tax effects and minority interests[8]. - The company incurred a total of ¥8,557,887.15 in cash outflows for investment activities in Q1 2024, compared to ¥10,709,362.96 in Q1 2023[21]. - The company raised ¥22,000,000.00 through borrowings in Q1 2024, with cash outflows for debt repayment amounting to ¥25,270,000.00[21]. Changes in Assets - Accounts receivable increased to CNY 164,845,146.84 from CNY 140,430,332.44, representing a growth of approximately 17.4%[13]. - The cash and cash equivalents decreased to CNY 211,149,111.40 from CNY 227,167,553.05, a decline of about 7.1%[13]. - The company's inventory decreased to CNY 84,931,009.94 from CNY 88,450,552.77, reflecting a decrease of approximately 4.0%[14]. - The non-current assets totaled CNY 1,781,299,523.80, a slight decrease from CNY 1,797,481,057.14, reflecting a decline of approximately 0.9%[14]. - The company reported a decrease in total current liabilities to CNY 1.00 billion from CNY 1.03 billion, a reduction of 2.5%[25]. Strategic Focus - The company has not reported any significant changes in shareholder structure or participation in margin financing activities during the reporting period[12]. - The company did not apply new accounting standards or interpretations starting in 2024[31]. - The company’s cash flow management reflects a strategic focus on reducing cash outflows while maintaining liquidity[31].