中钢洛耐(688119) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥532,936,336.46, representing a decrease of 22.87% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥9,030,816.50, down 69.33% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was -¥4,616,239.00, a decline of 134.02% compared to the previous year[5]. - Basic and diluted earnings per share were both ¥0.0080, down 69.47% from the previous year[5]. - Total profit before tax for Q1 2024 was ¥11.97 million, a decrease of 67.7% from ¥37.02 million in Q1 2023[16]. - Net profit for Q1 2024 was ¥10.94 million, a decline of 65.5% from ¥31.76 million in Q1 2023[17]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥28,827,456.86, an increase of 66.48% year-on-year[5]. - Cash flow from operating activities showed a net outflow of ¥28.83 million in Q1 2024, an improvement from a net outflow of ¥86.01 million in Q1 2023[20]. - The company's cash and cash equivalents decreased to RMB 1,117,233,458.74 from RMB 2,078,932,246.78, representing a significant drop of about 46%[12][13]. - Cash and cash equivalents at the end of Q1 2024 were ¥780.68 million, down from ¥1,054.86 million at the end of Q1 2023[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,554,882,345.74, a decrease of 2.01% from the end of the previous year[5]. - As of March 31, 2024, the company's total assets amounted to RMB 5,554,882,345.74, a decrease from RMB 5,668,599,515.33 as of December 31, 2023, reflecting a decline of approximately 2%[12][14]. - The total current liabilities decreased to RMB 1,699,551,260.81 from RMB 1,830,052,237.66, a reduction of about 7%[13][14]. - The company's total liabilities decreased to RMB 2,409,003,485.60 from RMB 2,537,215,484.74, a decline of approximately 5%[14]. - The company's total equity increased slightly to RMB 3,145,878,860.14 from RMB 3,131,384,030.59, reflecting a growth of approximately 0.5%[14]. Research and Development - R&D investment totaled ¥21,032,582.93, down 42.83%, accounting for 3.95% of operating revenue, a decrease of 1.37 percentage points[5]. - Research and development expenses decreased to ¥21.03 million in Q1 2024, down 42.5% from ¥36.79 million in Q1 2023[16]. Market Conditions and Competition - The decline in net profit was primarily due to overall industry downturn, reduced market demand, and intensified competition leading to lower sales prices and gross margins[7]. Shareholder Information - The company had a total of 18,230 common shareholders at the end of the reporting period[9]. - The company reported no significant changes in the shareholder structure or related party transactions during the reporting period[11].