东方精工(002611) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥935,144,681.91, representing a 3.09% increase compared to ¥907,101,141.80 in the same period last year[3] - Net profit attributable to shareholders decreased by 47.46% to ¥44,642,460.24 from ¥84,973,342.92 year-on-year[3] - The net profit after deducting non-recurring gains and losses increased by 26.50% to ¥65,730,334.96 from ¥51,961,918.89 year-on-year[3] - The net profit for Q1 2024 was CNY 53,628,714.51, a decrease of 44.5% from CNY 96,503,215.21 in the same period last year[18] - The net profit attributable to the parent company was CNY 19,199,328.68, down from CNY 93,890,990.10 year-over-year[19] - Basic and diluted earnings per share for the current period were both CNY 0.04, compared to CNY 0.07 in the previous period[19] Cash Flow - The net cash flow from operating activities dropped significantly by 94.73%, amounting to ¥5,507,844.28 compared to ¥104,429,591.30 in Q1 2023[3] - Cash inflows from operating activities totaled CNY 1,053,431,900.17, a decrease from CNY 1,163,679,853.23 in the prior year[20] - The net cash flow from operating activities was CNY 5,507,844.28, significantly lower than CNY 104,429,591.30 in the same period last year[20] - The net cash flow from investing activities was negative at -¥212,158,182.37, a decline of 391.60% compared to ¥72,757,007.84 in Q1 2023[8] - The net cash flow from investing activities was negative CNY 212,158,182.37, compared to a positive CNY 72,757,007.84 in the previous year[20] - The company reported a cash outflow from financing activities of CNY 17,095,693.17, an improvement from a cash outflow of CNY 42,170,254.94 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,346,743,431.97, down 2.54% from ¥7,538,222,570.02 at the end of the previous year[4] - Total current assets amount to 4,589,959,236.42 CNY, a decrease from 4,877,177,256.11 CNY at the beginning of the period, representing a decline of approximately 5.9%[13] - Cash and cash equivalents decreased to 1,585,446,506.54 CNY from 1,826,419,904.49 CNY, a decline of about 13.2%[13] - The total assets decreased to CNY 7,346,743,431.97 from CNY 7,538,222,570.02, reflecting a decline of 2.5%[15] - The total liabilities decreased to CNY 2,583,293,025.04 from CNY 2,804,014,600.68, a reduction of 7.8%[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 111,736[11] - The largest shareholder, Tang Zhuolin, holds 22.21% of shares, totaling 270,737,568 shares, with 110,090,000 shares pledged[11] - The top ten shareholders include state-owned entities and individuals, with the top four holding a combined 35.68% of shares[11] - The company has a total of 21,330,432 shares held in the repurchase special account, accounting for 1.75% of the total share capital as of March 29, 2024[11] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[12] Other Financial Metrics - The weighted average return on equity decreased to 0.99% from 2.08% in the previous year[4] - Financial expenses decreased by 47.53% to ¥2,582,632.05 from ¥4,922,184.62 in the same period last year[8] - The company reported a significant loss in fair value changes of financial assets, amounting to -¥37,534,490.90, compared to a gain of ¥18,689,791.21 in the previous year[8] - The company experienced a significant decrease in other comprehensive income, reporting a loss of CNY 25,242,978.66 compared to a gain of CNY 8,816,358.75 in Q1 2023[18] - The total comprehensive income for the first quarter of 2024 was CNY 28,385,735.85, compared to CNY 105,319,573.96 in the previous period, indicating a significant decline[19] - The company reported an investment loss of CNY 504,442.04, compared to a gain of CNY 11,843,626.19 in the previous year[16] Research and Development - Research and development expenses for Q1 2024 were CNY 24,907,686.21, down from CNY 27,637,218.09 in Q1 2023, indicating a decrease of 9.9%[16] Audit Status - The first quarter report was not audited[21]