中兵红箭(000519) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥885,842,801.38, representing a 14.13% increase compared to ¥776,168,384.52 in the same period last year[3] - The net profit attributable to shareholders was -¥13,665,915.02, an improvement of 60.14% from -¥34,282,587.36 year-on-year[3] - The net cash flow from operating activities improved by 68.80%, reaching -¥221,641,098.57 compared to -¥710,417,398.52 in the previous year[3] - Total operating revenue for Q1 2024 was 885,842,801.38, an increase of 14.1% compared to 776,168,384.52 in the same period last year[15] - Net profit for Q1 2024 was -13,665,915.02, an improvement from -34,282,587.36 in Q1 2023[16] - The total comprehensive income attributable to the parent company for Q1 2024 was -13,665,915.02 CNY, compared to -34,283,087.36 CNY in the same period last year, showing an improvement[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥15,174,347,916.04, a decrease of 2.84% from ¥15,617,683,272.12 at the end of the previous year[3] - Total liabilities decreased to 4,653,732,353.99 from 5,088,494,175.97, a reduction of 8.5%[14] - Current liabilities totaled 3,871,955,417.36, down from 4,309,222,382.37, a decrease of 10.1%[14] - The total equity attributable to shareholders of the parent company was 10,447,410,464.20, down from 10,529,189,096.15, a decrease of 0.8%[14] Cash Flow - The net cash flow from operating activities for Q1 2024 was -221,641,098.57 CNY, an improvement from -710,417,398.52 CNY in Q1 2023[19] - Cash inflow from operating activities totaled 900,960,827.18 CNY, up from 624,204,602.50 CNY year-over-year[18] - Cash outflow from operating activities decreased to 1,122,601,925.75 CNY from 1,334,622,001.02 CNY in the previous year[18] - The net cash flow from investing activities was -161,285,591.89 CNY, an improvement from -233,344,101.71 CNY in Q1 2023[19] - The net cash flow from financing activities was -115,824,733.59 CNY, compared to a positive cash flow of 158,692,794.85 CNY in Q1 2023[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 166,151, with the largest shareholder holding 15.97% of the shares[8] - The company reported a total of 222,401,993 shares held by Yu Xi Industrial Group Co., Ltd., representing a significant portion of the total shares[9] - The top ten shareholders include China Agricultural Bank Co., Ltd. with 4,634,876 shares, accounting for 0.33% of the total share capital[10] - The company has no shareholders participating in margin financing activities as per the latest report[9] - The company has introduced new shareholders, including China Agricultural Bank Co., Ltd. - CSI 500 ETF, which added 906,800 shares, representing 0.07% of the total share capital[11] Expenses - The company reported a 30.01% increase in selling expenses, attributed to higher sales-related expenditures[7] - Research and development expenses for Q1 2024 were 80,460,164.49, compared to 88,846,366.97 in the previous year, a decrease of 9.5%[15] - The company reported a financial expense of -18,444,178.43, compared to -12,712,713.62 in the previous year, indicating an increase in financial costs[16] Other Financial Metrics - The company's basic and diluted earnings per share were both -¥0.0098, showing a 60.16% improvement from -¥0.0246 in the same period last year[3] - The company experienced a 100% decrease in investment income, mainly due to reduced returns from financial products[7] - Other income increased by 400.78%, primarily due to an increase in government subsidies recognized during the period[7] - The company reported a 100% increase in financial assets due to the purchase of wealth management products with idle funds[7] - The company's cash and cash equivalents amounted to ¥5,992,375,698.84, a decrease from ¥6,498,183,097.92 at the beginning of the period, representing a decline of approximately 7.8%[12] - The ending balance of cash and cash equivalents was 5,979,456,482.91 CNY, compared to 5,814,951,509.11 CNY at the end of the previous year[19]