德石股份(301158) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥84,896,780.79, a decrease of 4.55% compared to ¥88,939,116.20 in the same period last year[5] - Net profit attributable to shareholders was ¥13,148,106.35, down 1.93% from ¥13,406,918.90 year-on-year[5] - Total operating revenue for Q1 2024 was ¥84,896,780.79, a decrease of 4.6% compared to ¥88,939,116.20 in Q1 2023[22] - Net profit for Q1 2024 was ¥13,148,106.35, slightly down from ¥13,406,918.90 in Q1 2023, representing a decrease of 1.9%[23] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0874, compared to ¥0.0892 in Q1 2023, reflecting a decrease of 2.0%[24] Cash Flow - The net cash flow from operating activities was negative at -¥4,693,056.14, a decline of 170.11% compared to a positive cash flow of ¥6,693,412.78 in the previous year[5] - The net cash flow from operating activities for Q1 2024 was -$4,693,056.14, a decrease from $6,693,412.78 in the previous period, indicating a significant decline in operational performance[27] - Cash inflows from operating activities totaled $93,022,382.99, compared to $85,474,670.74 in the prior period, reflecting a year-over-year increase of approximately 8.5%[27] - Cash outflows from operating activities increased to $97,715,439.13 from $78,781,257.96, representing a rise of about 24%[27] - The net cash flow from investment activities was $120,454,654.93, down from $373,455,336.31, showing a decrease of around 67.7%[27] - Cash inflows from investment activities were $125,082,307.95, a substantial decrease from $388,263,386.94 in the previous period, indicating a decline of approximately 67.8%[27] - Cash outflows for investment activities decreased to $4,627,653.02 from $14,808,050.63, a reduction of about 68.8%[27] - The company reported a net increase in cash and cash equivalents of $84,701,851.64, down from $379,685,591.76 in the previous period, indicating a decline of approximately 77.7%[27] - The ending balance of cash and cash equivalents was $258,100,176.07, compared to $527,117,442.65 at the end of the previous period, reflecting a decrease of about 51%[27] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥1,580,870,327.44, a decrease of 2.83% from ¥1,626,941,691.19 at the end of the previous year[5] - Total liabilities decreased to ¥268,412,778.68 from ¥304,573,483.63 in the previous year, indicating a reduction of 11.9%[20] - The company’s total liabilities decreased by 20.97% in accounts payable, amounting to ¥49,860,285.10 compared to ¥63,087,776.65 previously[8] - Current assets totaled ¥1,340,688,270.30, down from ¥1,392,135,635.12, a decline of 3.7%[20] Research and Development - Research and development expenses increased by 74.89% to ¥3,435,421.65 from ¥1,964,380.97 in the same period last year[10] - Research and development expenses increased significantly to ¥3,435,421.65, up 75.7% from ¥1,964,380.97 in the same period last year[23] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,136[13] - The largest shareholder, Yantai Jereh Petroleum Service Group Co., Ltd., holds 44.15% of shares, totaling 66,382,210 shares[13] - The total number of restricted shares at the end of the period is 70,232,289, down from 73,253,602, reflecting a reduction of about 4%[16] - The company has no preferred shareholders or significant changes in restricted shares during the reporting period[14] - The total number of shares held by the top ten unrestricted shareholders is 7,000,000 shares[13] Other Financial Metrics - The weighted average return on equity was 1.00%, down from 1.06% in the previous year[5] - The company reported a significant increase in credit impairment losses, which rose by 2408.85% to -¥2,224,482.51 compared to -¥88,665.41 in Q1 2023[10] - The company reported a significant increase in other income to ¥305,461.02, compared to ¥245,142.36 in the previous year, marking a growth of 24.6%[23] - Total operating costs decreased to ¥69,675,017.61, down 8.6% from ¥76,283,845.50 in the previous year[22] - The company has no plans for significant mergers or acquisitions announced during this quarter[17]