镇海股份(603637) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 101,670,572.75, representing a decrease of 24.45% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 8,415,348.94, down 57.28% year-on-year[5]. - The company's basic and diluted earnings per share were both CNY 0.04, down 50% year-on-year[5]. - Total operating revenue for Q1 2024 was ¥101,670,572.75, a decrease of 24.5% compared to ¥134,568,812.84 in Q1 2023[19]. - Net profit for Q1 2024 was ¥8,415,348.94, a decline of 57.3% from ¥19,700,643.72 in Q1 2023[20]. - The net profit for Q1 2024 was CNY 8,248,690.58, down 56.7% from CNY 19,066,836.91 in Q1 2023[28]. Cash Flow - The net cash flow from operating activities was negative at CNY -81,079,475.70, reflecting a significant decline[5]. - Cash flow from operating activities in Q1 2024 was negative at -¥81,079,475.70, compared to a positive cash flow of ¥1,105,410.44 in Q1 2023[23]. - The cash flow from operating activities showed a net decrease of CNY 181,556,048.94 in Q1 2024[24]. - In Q1 2024, the net cash flow from operating activities was -$76.33 million, a significant decline from $626.25 thousand in Q1 2023[31]. - The net cash flow from investing activities was -$100.66 million in Q1 2024, a sharp decline from $150.43 million in Q1 2023[31]. - The net cash flow from investment activities in Q1 2024 was -¥100,476,573.24, compared to a positive net cash flow of ¥120,434,089.86 in Q1 2023[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,384,477,046.76, a decrease of 2.16% from the end of the previous year[6]. - As of March 31, 2024, the total assets of the company amounted to CNY 1,384,477,046.76, a decrease from CNY 1,414,991,138.58 at the end of 2023, reflecting a decline of approximately 2.5%[16]. - The company's current assets totaled CNY 1,298,659,282.92, down from CNY 1,326,987,393.74, indicating a decrease of about 2.1%[14]. - The total liabilities decreased to CNY 414,923,338.09 from CNY 453,852,778.85, a reduction of approximately 8.6%[16]. - The company's total liabilities decreased to CNY 413,411,761.09 in Q1 2024 from CNY 447,607,488.29 at the end of 2023[25]. Equity and Investments - The weighted average return on equity was 0.87%, a decrease of 1.32 percentage points compared to the previous year[5]. - The company's equity attributable to shareholders increased to CNY 969,553,708.67 from CNY 961,138,359.73, reflecting a growth of about 0.5%[16]. - The company’s long-term equity investments decreased to CNY 5,239,586.76 from CNY 5,576,699.05, reflecting a decrease of approximately 6%[15]. - The company reported a financial expense of CNY -6,990,413.20 in Q1 2024, compared to CNY -4,757,206.94 in Q1 2023[27]. Inventory and Prepayments - The company reported a significant increase in prepayments by 514.85%, attributed to higher advance payments for project materials[8]. - The company’s inventory decreased to CNY 267,741.99 from CNY 957,738.37, a decline of about 72%[14]. - The company has a contract liability of CNY 1,980,000.00, down from CNY 4,488,182.11, indicating a decrease of approximately 55.8%[15]. Government Subsidies and Expenses - The company received government subsidies amounting to CNY 818,769.45, which are closely related to its normal business operations[7]. - The company incurred research and development expenses of ¥3,788,132.01 in Q1 2024, slightly down from ¥3,877,446.44 in Q1 2023[19].