Financial Performance - The company's operating revenue for Q1 2024 was ¥593,994,671.25, a decrease of 3.38% compared to ¥614,794,269.00 in the same period last year[5] - Net profit attributable to shareholders was ¥44,107,000.58, down 32.29% from ¥65,139,867.96 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥34,858,402.53, reflecting a decline of 46.42% compared to ¥65,061,827.95 in the previous year[5] - Operating profit for Q1 2024 was CNY 52,558,342.70, down 32.9% from CNY 78,247,738.77 in Q1 2023[18] - Net profit for Q1 2024 was CNY 44,031,991.84, representing a decline of 32.4% from CNY 65,144,185.46 in the previous year[18] - The company reported a total comprehensive income of CNY 44,031,991.84 for Q1 2024, compared to CNY 65,144,185.46 in the same period last year[18] - Earnings per share for Q1 2024 were CNY 0.0827, down from CNY 0.1221 in Q1 2023[19] Cash Flow and Investments - The net cash flow from operating activities decreased by 24.29% to ¥90,574,264.73 from ¥119,626,180.47 in the same period last year[5] - The net cash flow from investment activities for Q1 2024 was -1,924,224.00, compared to -6,916,319.67 in the previous period, indicating a significant reduction in cash outflow[22] - The total cash inflow from financing activities was 50,000,000.00, while cash outflow was 1,474,305.51, resulting in a net cash flow from financing activities of -1,474,305.51[22] - The net increase in cash and cash equivalents for Q1 2024 was 86,831,462.62, compared to 110,370,248.95 in the previous period[22] - The ending balance of cash and cash equivalents as of Q1 2024 was 816,734,657.78, up from 574,270,144.49 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,272,509,409.66, an increase of 5.40% from ¥5,002,513,840.95 at the end of the previous year[5] - The company's total liabilities amounted to CNY 2,701,819,779.17, compared to CNY 2,476,585,469.02 at the beginning of the period, reflecting a growth of approximately 9.09%[15] - Total current liabilities reached CNY 2,543,360,737.40, up from CNY 2,323,606,820.02, marking an increase of about 9.45%[15] - The equity attributable to owners of the company remained stable at CNY 533,333,400.00, unchanged from the previous period[15] - The total assets and equity at the end of Q1 2024 were CNY 5,272,509,409.66 and CNY 2,570,689,630.49 respectively, showing an increase from CNY 5,002,513,840.95 and CNY 2,525,928,371.93 at the beginning of the year[16] Operational Efficiency - The weighted average return on equity was 1.76%, down from 2.90% in the same period last year, a decrease of 1.14%[5] - The company reported a 33.62% decrease in selling expenses, totaling ¥4,936,902.52, primarily due to reduced agency service fees[9] - Total operating costs for Q1 2024 were CNY 556,772,335.81, an increase of 4.6% from CNY 531,983,032.16 in the previous year[17] - Research and development expenses for Q1 2024 were CNY 14,625,351.00, down 23.5% from CNY 19,163,620.69 in Q1 2023[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,639, with the largest shareholder, China Railway Wuhan Group, holding 60.00% of the shares[10] Other Information - The company has not reported any new product developments or strategic acquisitions during this quarter[12] - The company has not yet adopted the new accounting standards for the current year, as indicated in the financial report[23] - The Q1 2024 report has not been audited, which may affect the reliability of the financial data presented[23]
金鹰重工(301048) - 2024 Q1 - 季度财报