惠达卫浴(603385) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥688,589,341.98, representing a year-on-year increase of 6.63%[6] - The net profit attributable to shareholders was ¥28,384,235.23, showing a significant increase of 5,979.08% compared to the same period last year[6] - The basic earnings per share (EPS) was ¥0.0744, reflecting a year-on-year increase of 6,100.00%[6] - Total operating revenue for Q1 2024 reached ¥688,589,341.98, an increase of 6.6% compared to ¥645,801,383.26 in Q1 2023[20] - Net profit for Q1 2024 was ¥25,207,817.08, a significant recovery from a net loss of ¥2,318,776.20 in Q1 2023[21] - Earnings per share for Q1 2024 were ¥0.0744, compared to ¥0.0012 in Q1 2023, indicating a substantial improvement[22] Cash Flow - The net cash flow from operating activities decreased by 54.78% to ¥49,839,168.34[6] - Cash flow from operating activities in Q1 2024 was ¥49,839,168.34, down from ¥110,220,717.16 in Q1 2023[25] - Cash inflow from investment activities for Q1 2024 was ¥697,076,102.74, compared to ¥594,909,685.02 in Q1 2023, showing an increase of 17.2%[25] - In Q1 2024, the net cash flow from financing activities was -$95,482,968.35, compared to -$5,708,144.08 in the previous year[26] - The cash inflow from financing activities was $33,076,001.00, significantly lower than $201,793,724.41 in the same period last year[26] - The net increase in cash and cash equivalents for Q1 2024 was $377,643,896.72, compared to an increase of $2,360,199.56 in Q1 2023[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,755,042,342.44, a decrease of 1.53% from the end of the previous year[7] - The company's current assets totaled ¥2,962,489,305.51, up from ¥2,391,114,971.81 in the previous period, indicating a significant increase of approximately 24%[15] - Total liabilities decreased to ¥1,893,470,798.73 from ¥2,007,805,382.78, a reduction of approximately 5.7%[16] - Current liabilities totaled ¥1,713,051,296.80, down from ¥1,828,540,552.64, indicating a decrease of about 6.3%[16] - The total equity remained stable at ¥381,721,298.00, unchanged from the previous period[16] Cost Management - The company plans to continue focusing on cost control to improve gross profit margins and increase revenue in the upcoming quarters[9] - Total operating costs for Q1 2024 were ¥677,730,704.37, up from ¥656,876,329.62 in Q1 2023, reflecting a rise of 3.4%[20] - The company reported a decrease in financial expenses, down to ¥810,946.97 from ¥7,409,481.66 in Q1 2023, indicating improved cost management[20] Other Financial Metrics - Non-recurring gains and losses totaled ¥16,911,554.24, with significant contributions from government subsidies and asset disposals[8] - Cash and cash equivalents increased by 181.06%, primarily due to the conversion of large certificates of deposit into cash[9] - The company reported a decrease in short-term borrowings to ¥73,824,173.66 from ¥161,606,001.00, a reduction of approximately 54%[16] - The total equity attributable to shareholders increased to ¥3,675,221,420.95 in Q1 2024 from ¥3,646,842,685.72 in Q1 2023[17] - The impact of exchange rate changes on cash and cash equivalents was $2,208,695.08, a recovery from -$11,147,922.97 in the previous year[26]