众业达(002441) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥2,302,305,877.66, a decrease of 9.58% compared to ¥2,546,236,928.46 in the same period last year[4] - Net profit attributable to shareholders was ¥136,265,870.21, down 19.21% from ¥168,671,664.00 year-on-year[4] - The net profit for Q1 2024 was CNY 139,312,556.84, a decrease of 18.6% compared to CNY 171,114,550.87 in Q1 2023[31] - Operating profit for Q1 2024 was CNY 183,355,820.15, down 17.8% from CNY 223,076,360.67 in the same period last year[31] - Total revenue from sales and services received in Q1 2024 was CNY 1,660,703,961.95, a decline of 15.4% compared to CNY 1,962,451,683.56 in Q1 2023[34] - The total comprehensive income for Q1 2024 was CNY 139,066,993.75, compared to CNY 171,094,689.76 in Q1 2023, reflecting a decrease of 18.7%[32] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥46,431,536.66, compared to a negative cash flow of ¥155,748,551.08 in the previous year, marking a 129.81% increase[4] - The net cash flow from operating activities for Q1 2024 was CNY 46,431,536.66, recovering from a negative cash flow of CNY -155,748,551.08 in Q1 2023[35] - The net cash flow from investment activities was ¥92,560,800.00, primarily due to the recovery of structured deposits[20] - Cash and cash equivalents at the end of Q1 2024 amounted to CNY 1,228,357,233.54, an increase from CNY 924,184,053.82 at the end of Q1 2023[35] - The company's cash and cash equivalents increased to RMB 1,395,758,411.97 from RMB 1,282,976,174.71, reflecting a growth of 8.8%[27] Assets and Liabilities - Total assets increased by 5.63% to ¥6,883,247,984.05 from ¥6,516,083,796.97 at the end of the previous year[4] - The total assets as of March 31, 2024, amounted to RMB 6,883,247,984.05, an increase from RMB 6,516,083,796.97 at the beginning of the year[29] - The total liabilities increased to RMB 2,140,276,085.34 from RMB 1,912,178,892.01, indicating a rise of 11.9%[29] - The equity attributable to shareholders of the parent company reached RMB 4,694,854,887.71, up from RMB 4,558,834,580.59, reflecting a growth of 3%[29] Operational Metrics - The total operating costs for Q1 2024 were RMB 2,113,350,546.44, down 8.8% from RMB 2,317,876,198.95 in the previous year[30] - Accounts receivable increased by 33.27% compared to the beginning of the period, indicating a rise in sales activity[8] - Accounts receivable rose to RMB 1,663,931,728.67, up 33.2% from RMB 1,248,516,882.15 at the beginning of the period[27] - Inventory increased to RMB 1,286,041,039.60, representing a growth of 7.9% from RMB 1,191,771,568.52[28] - Accounts payable increased by 50.55%, attributed to payments made according to procurement agreements with suppliers[10] Research and Development - Research and development expenses increased to CNY 8,800,958.43 in Q1 2024, up from CNY 8,460,918.34 in Q1 2023[31] Other Notable Events - The company reported a significant increase of 243.48% in non-operating income, mainly from non-recurring government subsidies[17] - The company signed distribution agreements with Schneider Electric (China) Co., Ltd. with a total procurement target amount of RMB 328,190.2 million (excluding tax)[25] - As of March 31, 2024, the performance amount of the signed agreements was RMB 74,316.07 million (excluding tax)[25] - The company did not report any new product launches or significant market expansion strategies during the quarter[37]