福鞍股份(603315) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 232,546,245.74, representing a year-on-year increase of 15.78%[4] - The net profit attributable to shareholders for the same period was CNY 13,938,255.88, reflecting a growth of 33.58% compared to the previous year[4] - Basic earnings per share increased by 33.52% to CNY 0.0454, indicating improved profitability[4] - Total operating revenue for Q1 2024 reached ¥232,546,245.74, an increase from ¥200,844,290.00 in Q1 2023, representing a growth of approximately 15.8%[17] - Net profit for Q1 2024 was ¥13,921,580.44, compared to ¥10,325,920.54 in Q1 2023, reflecting a growth of approximately 35.0%[18] - Earnings per share for Q1 2024 were ¥0.0454, an increase from ¥0.0340 in Q1 2023, showing a rise of about 33.2%[18] Cash Flow - The net cash flow from operating activities decreased significantly by 60.49%, amounting to CNY 14,084,687.45[4] - The net cash flow from operating activities for Q1 2024 was $14,084,687.45, a decrease of 60.5% compared to $35,652,792.08 in Q1 2023[22] - Total cash inflow from operating activities was $297,189,244.78, slightly down from $297,854,073.53 in the previous year[22] - Cash outflow for purchasing goods and services increased to $232,861,616.89 from $190,269,701.03, representing a rise of 22.4%[22] - Cash flow from investing activities was negative at -$1,383,982.04, compared to -$84,150,234.95 in Q1 2023, indicating a significant reduction in investment outflows[22] - Cash inflow from financing activities totaled $151,972,141.00, down from $155,648,235.15 in the same quarter last year[23] - The net cash flow from financing activities was -$28,058,305.84, an improvement from -$39,473,610.02 in Q1 2023[23] - The ending cash and cash equivalents balance decreased to $44,664,458.94 from $90,612,308.17, reflecting a decline of 50.7%[23] - The company received $8,780,046.25 in tax refunds, an increase of 85.5% compared to $4,742,332.38 in the previous year[22] - Total cash outflow for employee payments was $25,320,763.77, slightly up from $24,758,998.86, indicating a 2.3% increase[22] - The impact of exchange rate changes on cash and cash equivalents was positive at $1,146,598.76, compared to $58,503.61 in Q1 2023[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,746,182,788.50, down 2.44% from the end of the previous year[5] - The company's current assets totaled CNY 1,971,407,027.69, down from CNY 2,030,666,184.14, indicating a decrease of about 2.9%[14] - Accounts receivable increased to CNY 945,080,176.46 from CNY 854,892,628.75, representing a growth of approximately 10.6%[13] - Cash and cash equivalents decreased to CNY 133,340,964.68 from CNY 164,353,415.57, a decline of about 18.9%[13] - Inventory remained relatively stable, with a slight increase to CNY 571,650,924.87 from CNY 564,311,267.97, reflecting a growth of approximately 1.4%[13] - Short-term borrowings decreased to CNY 499,046,686.30 from CNY 507,525,430.95, a reduction of about 1.9%[14] - The total liabilities stood at CNY 1,971,407,027.69, reflecting a decrease from the previous total of CNY 2,030,666,184.14[14] - The total liabilities decreased to ¥1,203,487,234.73 in Q1 2024 from ¥1,297,223,379.05 in Q1 2023, a reduction of approximately 7.2%[15] - The company's equity attributable to shareholders rose by 1.65% to CNY 1,547,469,785.68[5] - The total equity attributable to shareholders increased to ¥1,547,469,785.68 in Q1 2024 from ¥1,522,421,864.07 in Q1 2023, marking a growth of about 1.6%[15] Research and Development - Research and development expenses surged by 174.58%, indicating increased investment in innovation[7] - Research and development expenses for Q1 2024 were ¥15,838,383.05, significantly higher than ¥5,768,307.78 in Q1 2023, indicating an increase of approximately 174.5%[17] Investment Income - Investment income saw a significant increase of 185.08%, primarily due to profits from the joint venture Sichuan Ruian[7] - The company reported an investment income of ¥7,150,097.83 in Q1 2024, a recovery from a loss of ¥8,403,897.22 in Q1 2023[17] Taxation - The company experienced a 49.26% increase in taxes and surcharges, attributed to higher value-added tax[7]