蠡湖股份(300694) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 395,726,510.84, representing a 6.33% increase compared to CNY 372,151,701.81 in the same period last year[5] - Net profit attributable to shareholders increased by 122.71% to CNY 23,455,414.56 from CNY 10,531,988.69 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 165.37% to CNY 24,368,031.19 compared to CNY 9,182,735.61 in the previous year[5] - Basic and diluted earnings per share increased by 120.00% to CNY 0.11 from CNY 0.05 in the same period last year[5] - The net profit for Q1 2024 reached CNY 23,164,092.79, a significant increase of 125.5% from CNY 10,296,499.91 in Q1 2023[21] - The company's gross profit margin improved to 6.8% in Q1 2024, compared to 4.3% in Q1 2023[21] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 2,177,959,394.18, a 1.11% increase from CNY 2,153,972,277.40 at the end of the previous year[5] - The total assets as of Q1 2024 were CNY 2,177,959,394.18, compared to CNY 2,153,972,277.40 at the end of Q1 2023, indicating a growth of 1.1%[18] - The total liabilities decreased slightly to CNY 818,278,542.33 from CNY 820,144,548.59, a reduction of 0.2% year-over-year[18] - The company's equity attributable to shareholders increased to CNY 1,359,509,584.38, up from CNY 1,333,365,139.57, reflecting a growth of 1.9%[18] Cash Flow - Cash flow from operating activities turned negative at CNY -100,088,652.62, a decrease of 343.18% compared to CNY 41,158,618.27 in the same period last year[5] - The net cash flow from operating activities was -100,088,652.62 CNY, a significant decline compared to 41,158,618.27 CNY in the previous period, indicating a negative cash flow trend[23] - Cash inflow from operating activities totaled 313,254,175.74 CNY, down 25.4% from 419,877,611.22 CNY in the prior period[23] - Cash outflow from operating activities increased to 413,342,828.36 CNY, up 9.1% from 378,718,992.95 CNY in the previous period[23] - The net cash flow from investing activities was -41,931,793.07 CNY, worsening from -13,504,462.89 CNY in the prior period[25] - Cash inflow from financing activities was 139,950,000.00 CNY, an increase of 27.6% compared to 109,650,000.00 CNY in the previous period[25] - The net cash flow from financing activities improved to 43,086,913.23 CNY, compared to a mere 358,356.94 CNY in the prior period[25] - The ending balance of cash and cash equivalents was 127,254,139.54 CNY, a decrease from 88,501,987.62 CNY in the previous period[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,023[10] - The company has not disclosed any information regarding the relationships or concerted actions among its major shareholders[13] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[13] Operational Costs and Expenses - The total operating costs for Q1 2024 were CNY 368,410,014.08, up from CNY 356,534,200.57 in the same period last year, reflecting a growth of 3.9%[20] - Management expenses rose by 41.76% to CNY 19,695,609.87 compared to CNY 13,893,383.28 in the same period last year[8] - Research and development expenses increased to CNY 17,080,083.32, up from CNY 14,287,757.50, marking a rise of 19.7% year-over-year[20] Inventory and Receivables - The company reported a significant increase in accounts receivable financing by 179.23% to CNY 208,121,837.17 from CNY 74,534,723.90 year-on-year[8] - Accounts receivable slightly decreased from CNY 468,002,224.03 to CNY 461,436,781.72, showing a reduction of about 1.2%[16] - Inventory levels were reported at CNY 529,621,886.52, slightly down from CNY 534,241,353.18, indicating a decrease of about 0.9%[16] - The company’s other receivables rose from CNY 832,942.62 to CNY 2,261,573.34, reflecting an increase of about 171%[16] Internal Restructuring - The company plans to transfer its turbocharger key component production business to its wholly-owned subsidiary, Wuxi Lihu New Quality Energy Technology Co., Ltd., as part of an internal restructuring[13] - The net assets to be transferred to the subsidiary are valued at CNY 74,750.16 million, which includes CNY 5,000 million as registered capital and CNY 69,750.16 million as capital reserve[14]