丰山集团(603810) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥262,803,224.93, representing a decrease of 33.55% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥10,909,451.92, a decline of 205.05% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥12,481,985.62, down 347.00% from the previous year[5] - Basic earnings per share were -¥0.07, reflecting a decline of 216.67% compared to the same period last year[6] - Net profit for Q1 2024 was a loss of ¥11,649,422.29, compared to a profit of ¥10,106,438.02 in Q1 2023[21] - The company reported a comprehensive loss of ¥25,147,778.06 in Q1 2024, compared to a comprehensive income of ¥29,595,158.02 in Q1 2023[22] Cash Flow - The net cash flow from operating activities was negative at ¥66,219,658.39, a decrease of 92.85% year-over-year[5] - Cash inflow from operating activities in Q1 2024 was ¥176,162,657.30, down 42% from ¥303,549,880.85 in Q1 2023[24] - Net cash flow from operating activities was -$66.22 million, compared to -$34.34 million in the previous quarter, indicating a decline in operational cash generation[26] - Total cash outflow from operating activities was $242.38 million, compared to $337.89 million in the previous quarter, showing a reduction in cash outflow[26] - Cash paid to employees was $41.96 million, while cash paid for taxes was $3.56 million, reflecting ongoing operational expenses[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,587,522,062.23, down 3.86% from the end of the previous year[6] - The company's total liabilities decreased to ¥1,019,197,821.33 in Q1 2024 from ¥1,132,692,757.72 in Q1 2023, a reduction of 10%[19] - The company's total liabilities decreased by 3.86% compared to the previous year, indicating a potential reduction in financial leverage[6] - Total current assets as of March 31, 2024, amounted to ¥1,630,101,704.02, a decrease from ¥1,674,888,792.49 as of December 31, 2023, reflecting a decline of approximately 2.5%[16] - Total assets decreased to ¥2,587,522,062.23 from ¥2,691,417,463.41, a decline of approximately 3.9%[17] Receivables and Inventory - The company experienced a significant increase in accounts receivable by 85.29%, attributed to some sales payments still within the credit period[11] - Accounts receivable increased significantly to ¥232,873,043.86 from ¥125,683,179.24, representing an increase of approximately 85.2%[16] - Inventory decreased to ¥309,623,323.86 from ¥378,448,024.75, showing a reduction of about 18.2%[16] - The company reported a significant increase in other receivables, which rose to ¥17,757,666.88 from ¥11,590,746.68, an increase of approximately 53.2%[16] Equity and Investments - The company's total equity increased to ¥1,568,324,240.90 in Q1 2024 from ¥1,558,724,705.69 in Q1 2023, an increase of 0.4%[19] - Research and development expenses for Q1 2024 were ¥9,253,218.37, up 9.2% from ¥8,469,002.33 in Q1 2023[20] - Total cash inflow from investment activities was $104.92 million, significantly lower than $716.18 million in the previous quarter[26] - Cash received from investment income was $826.29 thousand, down from $3.01 million in the previous quarter, indicating a decline in investment performance[26] Shareholder Information - The company has no significant changes in the top 10 shareholders or their shareholding status during the reporting period[15] - The company continues to focus on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[15]