双箭股份(002381) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 544,121,680.01, representing a 4.93% increase compared to CNY 518,557,098.08 in the same period last year[5] - Net profit attributable to shareholders decreased by 8.83% to CNY 49,545,155.71 from CNY 54,342,644.63 year-on-year[5] - Basic earnings per share decreased by 7.69% to CNY 0.12 from CNY 0.13 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 544,121,680.01, an increase of 4.3% compared to CNY 518,557,098.08 in Q1 2023[32] - Net profit for Q1 2024 was CNY 49,764,049.70, a decrease of 9.5% from CNY 54,832,227.85 in Q1 2023[34] - Earnings per share for Q1 2024 were CNY 0.12, down from CNY 0.13 in Q1 2023[35] Cash Flow - The net cash flow from operating activities was negative at CNY -2,703,289.99, a decline of 117.78% compared to CNY 15,201,033.17 in the previous year[5] - The company's cash flow from operating activities showed a significant change, with financial expenses recorded at CNY 3,191,074.99, compared to a gain of CNY 14,533,825.37 in the previous year[32] - Operating cash flow for the current period was -2,703,289.99 CNY, a decrease from 15,201,033.17 CNY in the previous period[36] - Total cash inflow from operating activities was 536,945,304.31 CNY, compared to 443,346,784.28 CNY in the prior period, reflecting a growth of approximately 21%[36] - Cash outflow from operating activities totaled 539,648,594.30 CNY, up from 428,145,751.11 CNY, indicating an increase of about 26%[36] - The company reported a cash net decrease of 15,165,712.23 CNY for the current period, an improvement from a decrease of 62,607,849.82 CNY in the prior period[37] Assets and Liabilities - Total assets increased by 2.22% to CNY 3,828,487,351.39 from CNY 3,745,297,836.46 at the end of the previous year[5] - Total current assets amount to 2,274,603,575.80 CNY, an increase from 2,189,922,526.83 CNY at the beginning of the period[29] - Total liabilities increased to CNY 1,643,912,697.46 in Q1 2024 from CNY 1,609,774,858.11 in Q1 2023[31] - The total equity attributable to shareholders of the parent company was CNY 2,173,160,238.97, an increase from CNY 2,124,327,457.38 in the previous year[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 22,315[26] - The largest shareholder, Shen Gengliang, holds 20.92% of shares, totaling 86,110,293 shares, with 11,000,000 shares pledged[26] - The top 10 shareholders collectively hold significant stakes, with the top three shareholders owning over 31.5% of the company[26] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[28] Financial Expenses and Income - The company reported a 121.96% increase in financial expenses, primarily due to a decrease in interest income from term deposits[16] - Investment income increased by 90.16% compared to the previous year, attributed to significant foreign exchange losses in the prior period[18] - The company experienced a 197.58% increase in credit impairment losses due to reduced provisions for bad debts[18] - The company reported a decrease in investment income from joint ventures, with a loss of CNY 405,721.12 compared to a gain of CNY 709,850.18 in Q1 2023[34] Inventory and Receivables - Inventory has increased to 554,152,151.90 CNY from 473,147,376.56 CNY, indicating a growth of approximately 17.1%[29] - Accounts receivable decreased to 693,739,888.17 CNY from 755,414,190.16 CNY, a decline of about 8.2%[29] - Other receivables increased to 41,640,210.11 CNY from 27,900,728.97 CNY, reflecting a growth of approximately 49.0%[29] - The company has a total of 159,960,297.58 CNY in accounts receivable financing, up from 140,419,187.99 CNY, an increase of about 13.9%[29] Cash Flow from Financing and Investment Activities - Cash inflow from financing activities was 60,400,000.00 CNY, significantly higher than 16,720,000.00 CNY in the previous period, marking an increase of over 261%[37] - The net cash flow from financing activities improved to 56,174,959.77 CNY from -18,248,821.15 CNY, showing a positive turnaround[37] - Total cash outflow for investment activities was 72,200,363.34 CNY, compared to 59,038,507.42 CNY in the previous period, indicating a rise of approximately 22%[37] - Investment activities generated a net cash flow of -67,177,741.72 CNY, worsening from -58,075,147.40 CNY year-over-year[37]