FJC(SH:600802)2024-04-25 11:27Financial Performance - The company's operating revenue for Q1 2024 was ¥341,838,345.62, representing a decrease of 23.45% compared to the same period last year[5] - The net profit attributable to shareholders was -¥84,910,796.95, an increase of 15.78% year-on-year[5] - The basic and diluted earnings per share were both -¥0.19, reflecting a 15.78% improvement compared to the previous year[5] - Total revenue for Q1 2024 was CNY 341,838,345.62, a decrease of 23.4% compared to CNY 446,542,089.22 in Q1 2023[15] - Operating profit for Q1 2024 was a loss of CNY 99,829,883.72, an improvement from a loss of CNY 123,990,025.66 in Q1 2023[15] - Net profit for Q1 2024 was a loss of CNY 99,733,754.72, compared to a loss of CNY 123,339,164.18 in Q1 2023[15] - The total comprehensive income for Q1 2024 was -112,723,440, compared to -138,107,524 in Q1 2023, indicating a 18.4% reduction in losses year-over-year[16] - The company incurred other comprehensive losses of -12,989,685 in Q1 2024, compared to -14,768,360 in Q1 2023, indicating a 12.1% improvement[16] Cash Flow and Liquidity - The net cash flow from operating activities was -¥129,940,900.17, showing a decrease of 6.15% year-on-year[5] - Cash and cash equivalents as of March 31, 2024, were CNY 180,004,167.70, up from CNY 116,364,236.86 at the end of 2023[11] - The company reported a net cash inflow from financing activities of 205,669,815 in Q1 2024, down from 243,970,478 in Q1 2023, a decrease of 15.7%[19] - The total cash outflow from operating activities in Q1 2024 was 468,109,350, down from 555,740,070 in Q1 2023, reflecting a 15.7% decrease[18] - Operating cash flow for Q1 2024 was -129,940,900, slightly improved from -138,453,773 in Q1 2023, showing a 6.5% reduction in cash outflow[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,846,221,490.16, a decrease of 0.52% from the end of the previous year[5] - Total current assets increased to CNY 470,667,779.92 from CNY 391,216,389.50 year-over-year[11] - Total assets as of March 31, 2024, were CNY 3,846,221,490.16, slightly down from CNY 3,866,180,039.90 at the end of 2023[12] - Total liabilities increased to CNY 2,724,764,481.42 from CNY 2,632,089,073.46 year-over-year[12] - The company reported a decrease in inventory to CNY 151,520,501.79 from CNY 152,350,338.77 at the end of 2023[11] Shareholder Information - Shareholders' equity attributable to the parent company was ¥1,090,385,375.10, down 8.23% from the previous year-end[5] - The total number of ordinary shareholders at the end of the reporting period was 40,944[8] - The largest shareholder, Fujian Provincial Building Materials (Holding) Co., Ltd., held 28.78% of the shares[8] Government Support and Taxation - The company received government subsidies amounting to ¥2,672,384.92 during the reporting period[9] - The company received tax refunds amounting to 3,285,326 in Q1 2024, compared to 139,901 in Q1 2023, a significant increase of 2240.5%[18] Investment and Returns - The weighted average return on equity was -7.45%, a decrease of 0.63 percentage points compared to the previous year[5] - Long-term equity investments remained stable at CNY 10,200,000.00, unchanged from the previous year[11]