华锦股份(000059) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥9,449,291,127.62, a decrease of 5.27% compared to ¥9,974,560,712.16 in the same period last year[3] - The net profit attributable to shareholders was -¥501,122,128.76, reflecting a slight increase in loss of 0.66% from -¥497,826,594.50 year-on-year[3] - The net cash flow from operating activities was -¥4,115,213,104.39, showing a marginal improvement of 0.34% compared to -¥4,129,220,942.91 in the previous year[3] - Total operating revenue for Q1 2024 was CNY 9,449,291,127.62, a decrease of 5.26% from CNY 9,974,560,712.16 in the same period last year[14] - Total operating costs for Q1 2024 were CNY 9,933,470,217.71, down 4.69% from CNY 10,422,455,713.00 in Q1 2023[15] - Net loss for Q1 2024 was CNY 505,591,946.15, compared to a net loss of CNY 502,578,051.96 in Q1 2023, indicating a slight increase in losses[16] - Operating profit for Q1 2024 was CNY -508,085,215.60, worsening from CNY -443,815,073.47 in the previous year[15] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.3133, compared to CNY -0.3113 in Q1 2023[16] Assets and Liabilities - Total assets decreased by 12.33% to ¥27,957,779,591.83 from ¥31,888,625,922.17 at the end of the previous year[3] - Total current assets decreased from CNY 19,171,402,990.19 to CNY 15,574,461,215.00, a decline of approximately 18.3%[10] - Total liabilities decreased to CNY 13,473,229,579.56 from CNY 16,912,830,877.97 year-over-year[12] - Total equity decreased to CNY 14,484,550,012.27 from CNY 14,975,795,044.20 year-over-year[12] - Total non-current assets decreased from CNY 12,717,222,931.98 to CNY 12,383,318,376.83, a decline of about 2.6%[11] Cash Flow - Cash inflow from operating activities was CNY 10,088,864,697.39, a decrease from CNY 10,330,560,808.33 in Q1 2023[17] - The net cash flow from operating activities was -4,115,213,104.39 CNY, slightly improved from -4,129,220,942.91 CNY in the previous year[18] - Total cash outflow from operating activities amounted to 14,204,077,801.78 CNY, compared to 14,459,781,751.24 CNY in the same period last year[18] - Cash flow from investing activities resulted in a net outflow of -102,219,518.67 CNY, worsening from -64,481,855.51 CNY year-over-year[18] - The company recorded a cash inflow from financing activities of 2,050,000,000.00 CNY, with cash outflows totaling 72,950,138.59 CNY[18] - The net increase in cash and cash equivalents was -4,290,382,761.65 CNY, compared to -4,584,729,027.04 CNY in the previous year[18] - The ending balance of cash and cash equivalents was 5,138,611,198.38 CNY, down from 5,455,212,070.88 CNY year-over-year[18] Shareholder Information - The company has a total of 50,065 common shareholders at the end of the reporting period[7] Accounts and Receivables - The company's cash and cash equivalents dropped by 45.50% to ¥5,138,906,198.38, down from ¥9,429,288,960.03[5] - Accounts receivable increased significantly by 369.40% to ¥800,508,959.14 from ¥170,538,994.90, indicating a rise in business activity[5] - Accounts receivable increased significantly from CNY 170,538,994.90 to CNY 800,508,959.14, an increase of approximately 368.5%[10] - Accounts payable decreased from CNY 2,058,268,131.39 to CNY 679,436,238.22, a decline of approximately 67.0%[11] Inventory and Prepayments - Inventory rose from CNY 5,817,304,024.95 to CNY 7,339,285,149.61, reflecting an increase of about 25.9%[10] - The company reported a significant increase in prepayments from CNY 3,606,148,585.21 to CNY 2,112,759,866.17, a decrease of about 41.4%[10] Research and Development - Research and development expenses for Q1 2024 were CNY 37,625,612.47, slightly down from CNY 39,836,024.99 in Q1 2023[15] Other Information - The company has no significant new product launches or technological developments reported in this quarter[6] - There are no indications of market expansion or mergers and acquisitions in the current report[6] - The company has not yet audited the first quarter report for 2024[19] - The company began implementing new accounting standards starting in 2024, affecting the financial statements[19] - The company’s cash outflow for employee compensation was 283,848,060.13 CNY, an increase from 244,267,378.60 CNY in the previous year[18] - Tax payments amounted to 1,250,121,356.63 CNY, a decrease from 1,341,107,064.76 CNY year-over-year[18]