中铁装配(300374) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥318,253,845.42, representing a 96.13% increase compared to ¥162,267,932.28 in the same period last year[5] - The net loss attributable to shareholders was ¥33,159,309.62, a slight improvement of 3.48% from a loss of ¥34,354,859.58 in the previous year[5] - Total operating revenue for Q1 2024 reached CNY 318.25 million, a significant increase of 96.3% compared to CNY 162.27 million in the same period last year[16] - Net loss for Q1 2024 was CNY 33.16 million, slightly improved from a net loss of CNY 34.35 million in Q1 2023, representing a reduction of 3.5%[17] - The company reported a basic and diluted earnings per share of CNY -0.13, an improvement from CNY -0.14 in the previous year[18] Cash Flow - The net cash flow from operating activities increased by 65.11% to ¥11,874,158.82, up from ¥7,191,750.27 in the same period last year[5] - Cash inflow from operating activities was CNY 358.23 million, an increase of 34.6% compared to CNY 265.90 million in the previous year[20] - Cash outflow from operating activities totaled CNY 346.35 million, up 34% from CNY 258.71 million in the same period last year[20] - The net cash flow from operating activities for Q1 2024 was ¥11,874,158.82, an increase from ¥7,191,750.27 in Q1 2023, reflecting a positive trend in operational efficiency[21] - The net cash flow from investing activities was -¥572,202.05, improving from -¥1,490,437.61 in the previous year, indicating a reduction in cash outflow for investments[21] - The net cash flow from financing activities was -¥33,255,677.63, worsening from -¥9,811,355.98 in the same period last year, indicating increased cash outflow for debt repayment and dividends[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,250,452,202.13, a decrease of 0.73% from ¥3,274,268,427.62 at the end of the previous year[5] - The company's total current assets amount to 1,690,047,470.18 CNY, a slight decrease from 1,700,560,058.37 CNY at the beginning of the period[14] - The total current liabilities amount to 2,325,945,963.02 CNY, a decrease from 2,357,134,652.22 CNY at the beginning of the period[14] - Total liabilities decreased to CNY 2.38 billion from CNY 2.41 billion, a decline of 1.4%[17] - Total equity attributable to shareholders increased to CNY 873.62 million from CNY 862.64 million, an increase of 1.1%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 26,635[10] - The largest shareholder, China Railway Construction Group, holds 26.51% of shares, totaling 65,184,992 shares[10] - The second-largest shareholder, Sun Zhiqiang, holds 19.97% of shares, totaling 49,105,398 shares, with 42,355,123 shares under pledge[10] Inventory and Expenses - The company's inventory increased by 58.77% to ¥114,060,316.03, primarily due to more new projects starting at the beginning of the year[8] - Research and development expenses decreased by 41.08% to ¥1,346,489.62, compared to ¥2,285,228.38 in the same period last year[8] - The company reported a significant increase in tax and additional fees by 166.10%, amounting to ¥1,894,171.36, due to higher revenue[8] - Total operating costs amounted to CNY 353.86 million, up 66.7% from CNY 212.20 million year-on-year[16] Other Financial Metrics - The weighted average return on equity was -3.85%, slightly lower than -3.76% in the previous year[5] - The company has a total of 190,523,829.87 CNY in contract assets, down from 216,672,341.23 CNY[13] - The company has 88,685,733.20 CNY in intangible assets, slightly down from 89,441,487.16 CNY[14] - Long-term payables decreased to CNY 28.52 million from CNY 30.84 million, a decline of 7.5%[17] - Deferred income decreased to CNY 21.74 million from CNY 23.04 million, a reduction of 5.7%[17] Cash Reserves - The company's cash and cash equivalents at the end of the period are 250,943,157.59 CNY, down from 273,587,572.25 CNY[13] - The ending balance of cash and cash equivalents was ¥234,998,910.40, down from ¥256,936,070.60 at the beginning of the period, reflecting a net decrease in cash reserves[21] - The company disposed of fixed assets and other long-term assets, generating cash inflow of ¥48,000.00, a significant increase from ¥2,879.84 in Q1 2023[21] - The company incurred cash outflow of ¥620,202.05 for the acquisition of fixed assets, a decrease from ¥1,493,317.45 in the previous year, indicating a reduction in capital expenditures[21] - The company did not report any cash inflow from investment recoveries or other investment-related cash receipts in Q1 2024[21] - The company’s cash flow from foreign exchange rate changes positively impacted cash and cash equivalents by ¥16,560.66, compared to ¥3,917.26 in Q1 2023[21] Audit Status - The first quarter report was not audited, which may affect the reliability of the financial data presented[22]