广信股份(603599) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 was ¥1,215,462,107.45, a decrease of approximately 37% compared to ¥1,925,991,278.96 in Q1 2023[7] - Total revenue decreased by 36.89% due to a decline in sales prices and volume of main products[18] - Net profit attributable to shareholders decreased by 56.80%, primarily due to lower market prices of key products[18] - Net profit excluding non-recurring gains and losses decreased by 55.06%, reflecting weakened profitability and reduced sales volume[18] - Operating profit for the period was CNY 246,847,751.75, down from CNY 632,119,265.96 in the previous period[16] - Net profit for the period was CNY 220,549,007.88, compared to CNY 534,204,265.88 in the previous period[16] - The net profit attributable to shareholders for Q1 2024 was CNY 225,164,722.64, down 56.80% year-over-year[26] - Total comprehensive income amounted to $220.55 million, compared to $534.20 million in the prior period, indicating a decline of about 58.8%[40] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.25, a decrease of 56.14% compared to the previous year[26] - Basic and diluted earnings per share were both $0.25, down from $0.80 in the previous period, reflecting a decrease of 68.75%[40] Cash Flow - Cash and cash equivalents at the end of Q1 2024 were ¥6,900,931,002.74, an increase from ¥3,622,604,522.67 in Q1 2023[11] - The net increase in cash and cash equivalents for Q1 2024 was ¥1,207,417,420.69, compared to an increase of ¥729,531,472.38 in Q1 2023[11] - Net cash flow from investing activities for Q1 2024 was ¥1,408,464,934.07, compared to ¥461,903,204.58 in Q1 2023[11] - The company reported a net cash flow from operating activities of CNY 10,140,296.82 after tax effects[18] - The net cash flow from operating activities increased by 33.85% to CNY 215,745,154.49 in Q1 2024[26] - Cash inflow from operating activities totaled CNY 902,253,619.94, down from CNY 1,393,277,572.20 in Q1 2023[38] - Cash outflow from operating activities was CNY 686,508,465.45, compared to CNY 1,232,091,317.55 in the same period last year[38] - The company reported cash inflow from investment activities of CNY 3,549,971,586.99, significantly higher than CNY 1,704,473,105.96 in Q1 2023[38] Assets and Liabilities - Total assets as of March 31, 2024, amounted to ¥14,811,790,274.88, down from ¥15,516,096,682.38 at the end of 2023[15] - Total liabilities decreased to ¥5,103,464,203.33 in Q1 2024 from ¥5,902,309,187.56 in Q1 2023, reflecting a reduction of approximately 13.5%[7] - The company's total equity attributable to shareholders increased to ¥9,708,326,071.55 in Q1 2024 from ¥9,483,719,229.35 in Q1 2023, representing a growth of about 2.4%[7] - Total assets at the end of the reporting period were CNY 14,811,790,274.88, a decrease of 4.54% from the previous year[17] - Shareholders' equity attributable to the parent company increased by 2.37% to CNY 9,708,326,071.55[17] - The company's long-term borrowings were reported at ¥2,363,837,089.32 in Q1 2024, down from ¥2,778,475,402.21 in Q1 2023[15] - Deferred income decreased to ¥64,049,476.38 in Q1 2024 from ¥66,809,070.47 in Q1 2023[7] Shareholder Information - The number of common shareholders at the end of the reporting period was 16,174[19] - The company did not engage in any share lending or borrowing activities among its top shareholders[30] Audit and Accounting - The report was not audited, indicating that the financial data may be subject to further review[26] - The company is not applying new accounting standards or interpretations for the first quarter of 2024[43]