佳电股份(000922) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,152,883,301.91, a decrease of 4.57% compared to ¥1,208,117,195.02 in the same period last year[5] - Net profit attributable to shareholders was ¥92,984,843.82, down 15.68% from ¥110,278,166.76 year-on-year[5] - The net profit after deducting non-recurring gains and losses increased by 12.31% to ¥90,223,317.19 from ¥80,337,715.70 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 1,152,883,301.91, a decrease of 4.6% compared to CNY 1,208,117,195.02 in the same period last year[16] - Operating profit for Q1 2024 was CNY 125,695,169.44, an increase of 9.3% from CNY 115,096,907.37 in Q1 2023[17] - Net profit attributable to the parent company was CNY 92,984,843.82, down 15.6% from CNY 110,278,166.76 in the previous year[17] - The report indicates that the company is exploring opportunities for mergers and acquisitions to enhance its market position[12] Cash Flow and Liquidity - The company reported a cash flow deficit from operating activities of ¥285,258,043.86, an improvement of 15.48% compared to a deficit of ¥439,085,631.19 last year[5] - The cash inflow from operating activities for Q1 2024 was CNY 863,007,885.57, an increase of 21.6% compared to CNY 709,218,547.96 in the same period last year[19] - The cash outflow from operating activities totaled CNY 1,148,265,929.43, up from CNY 956,232,942.58 year-over-year, resulting in a net cash flow from operating activities of -CNY 285,258,043.86[19] - The company received CNY 159,992,384.74 in other operating cash related to business activities, compared to CNY 126,499,525.13 in the previous year, marking a growth of 26.5%[19] - The company’s cash flow from financing activities was significantly improved, with a net increase of CNY 101,975,591.84 compared to a net outflow of CNY 7,770,908.93 in the previous year[20] - The total cash flow for the period decreased by CNY 195,038,281.97, compared to a decrease of CNY 263,276,940.84 in the same period last year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,430,527,381.87, reflecting a slight increase of 0.36% from ¥9,396,913,597.93 at the end of the previous year[5] - The total current assets decreased from CNY 7,548,528,051.15 to CNY 7,386,433,921.74, a decline of approximately 2.14%[13] - Cash and cash equivalents decreased from CNY 2,112,558,000.63 to CNY 1,787,195,718.66, a decrease of about 15.4%[13] - Accounts receivable increased from CNY 1,430,747,428.45 to CNY 1,551,832,354.91, an increase of approximately 8.5%[13] - Inventory increased from CNY 1,544,946,669.33 to CNY 1,622,703,626.57, reflecting an increase of about 5.03%[13] - Total liabilities decreased to CNY 5,829,708,070.98 from CNY 6,157,653,404.59, a reduction of 5.3%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,992[10] - The largest shareholder, Harbin Electric Group Co., Ltd., holds 26.00% of the shares, totaling 154,945,750 shares[10] - The company has not disclosed any significant changes in its shareholder structure or financing activities during the quarter[12] Research and Development - R&D expenses increased significantly by 141% to ¥37,108,559.95 from ¥15,388,159.45 in the previous year, indicating a focus on innovation[8] - Research and development expenses rose significantly to CNY 37,108,559.95, compared to CNY 15,388,159.45 in the same quarter last year, marking an increase of 141.5%[16] Accounting and Reporting - The company has not yet audited the Q1 2024 report, indicating that the figures are preliminary and subject to change[21] - The company is implementing new accounting standards starting in 2024, which may affect future financial reporting[21]