铁流股份(603926) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 562,431,817.37, representing an increase of 11.89% compared to the same period last year[3] - The net profit attributable to shareholders was CNY 26,817,917.62, reflecting a growth of 17.46% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 23,020,632.82, which is a 24.05% increase from the previous year[5] - Basic and diluted earnings per share were both CNY 0.12, marking a 20.00% increase year-over-year[3] - In Q1 2024, the company reported a net profit of CNY 25,506,241.74, an increase of 14.5% compared to CNY 22,227,288.59 in Q1 2023[16] - The total comprehensive income for the period was CNY 22,317,417.33, a decrease from CNY 23,698,734.43 in the previous year[17] Cash Flow and Expenses - The net cash flow from operating activities was negative at CNY -47,465,005.68, a decline of 271.24% compared to the same period last year[3] - The company experienced a net cash outflow from operating activities of CNY -47,465,005.68, compared to a net inflow of CNY 27,718,091.67 in Q1 2023[19] - The company reported a net cash outflow from investing activities of CNY -32,396,628.33, compared to CNY -18,939,299.39 in Q1 2023[20] - The net cash inflow from financing activities was CNY 1,878,106.51, a recovery from a net outflow of CNY -9,350,972.44 in the same quarter last year[20] - Research and development expenses increased to CNY 11,351,780.80, up from CNY 10,966,949.62, reflecting a growth of 3.5%[16] - The company reported a significant increase in financial expenses, rising to CNY 3,037,434.48 from CNY 581,163.29, primarily due to higher interest expenses[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,853,311,156.61, up 1.26% from the end of the previous year[3] - Current assets as of March 31, 2024, totaled ¥1,706,031,834.44, compared to ¥1,643,894,531.25 at the end of December 2023, indicating a growth of 3.77%[11] - Non-current assets decreased to ¥1,147,279,322.17 from ¥1,173,909,122.26, a decline of 2.26%[12] - Total liabilities increased to ¥1,134,170,891.84 from ¥1,120,980,806.07, marking a rise of 1.42%[13] - Shareholders' equity as of March 31, 2024, was ¥1,719,140,264.77, compared to ¥1,696,822,847.44, reflecting an increase of 1.31%[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,276[6] - The largest shareholder, Hangzhou Desai Industrial Group Co., Ltd., held 37.45% of the shares, totaling 85,961,842 shares[7] Revenue and Costs - Total operating revenue for Q1 2024 reached ¥562,431,817.37, an increase of 11.88% compared to ¥502,675,769.59 in Q1 2023[15] - Total operating costs for Q1 2024 were ¥526,767,334.30, up from ¥477,154,103.45 in Q1 2023, reflecting a year-on-year increase of 10.36%[15] - Inventory as of March 31, 2024, was ¥473,608,781.57, up from ¥418,342,127.35, indicating a growth of 13.23%[11] - Accounts receivable increased to ¥363,120,817.51 from ¥290,530,102.60, a significant rise of 24.97%[11] Other Financial Metrics - The return on equity (ROE) was 1.60%, an increase of 0.17 percentage points compared to the previous year[3] - The company recorded non-recurring gains of CNY 3,797,284.80, primarily from government subsidies and other non-operating income[4] - The company reported a net profit margin improvement, with net profit for Q1 2024 expected to reflect the operational efficiency gains[15]