西子洁能(002534) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,151,530,624.66, a decrease of 25.79% compared to ¥1,551,762,714.41 in the same period last year[4] - Net profit attributable to shareholders for Q1 2024 reached ¥257,671,454.04, representing a significant increase of 949.51% from ¥24,551,531.84 in the previous year[4] - Basic and diluted earnings per share for Q1 2024 were both ¥0.35, reflecting an increase of 1,066.67% compared to ¥0.03 in the same period last year[4] - Total operating revenue for Q1 2024 was CNY 1,151,530,624.66, a decrease of 26% compared to CNY 1,551,762,714.41 in the same period last year[42] - Net profit for Q1 2024 reached CNY 268,048,150.12, compared to CNY 34,315,059.29 in Q1 2023, indicating a significant improvement in profitability[43] - The total comprehensive income attributable to the parent company was CNY 256,377,224.56, compared to CNY 29,438,221.94 in the previous period, indicating significant growth[44] - Basic and diluted earnings per share both increased to CNY 0.35 from CNY 0.03 in the previous period, reflecting improved profitability[44] Cash Flow and Liquidity - The net cash flow from operating activities for Q1 2024 was -¥363,316,646.08, a decline of 133.64% from -¥155,506,071.52 in the previous year[4] - Cash flow from operating activities showed a net outflow of CNY -363,316,646.08, worsening from CNY -155,506,071.52 in the previous period[45] - The company's cash and cash equivalents decreased to CNY 3,475,005,918.92 from CNY 3,840,666,036.93 at the beginning of the period, a decline of approximately 9.5%[37] - The ending balance of cash and cash equivalents decreased to CNY 3,231,844,579.38 from CNY 3,236,573,862.12 in the previous period, showing a slight decline[46] - The company received CNY 132,319,753.09 from borrowings, down from CNY 676,775,535.91 in the previous period, indicating reduced reliance on debt financing[45] - The company paid CNY 210,130,000.00 in debt repayments, significantly lower than CNY 540,000,000.00 in the previous period, reflecting a change in debt management strategy[46] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥15,749,307,047.60, a decrease of 1.28% from ¥15,952,806,573.23 at the end of the previous year[8] - Total assets decreased from ¥15,952,806,573.23 to ¥15,749,307,047.60, a decline of approximately 1.27%[21] - The total liabilities decreased to CNY 11,184,031,268.41 from CNY 11,600,694,786.18, indicating a reduction of about 3.6%[40] - The company's retained earnings increased to CNY 2,061,467,326.11 from CNY 1,803,795,872.07, representing a growth of approximately 14.3%[40] Investments and Income - The company reported non-operating income of ¥242,703,925.99 for Q1 2024 after accounting for tax impacts and minority interests[8] - Investment income surged by 3916.66% to ¥285,169,812.97, primarily due to gains from the disposal of equity in a subsidiary[30] - The company reported an investment income of CNY 285,169,812.97, a substantial increase from CNY 7,099,670.46 in the previous year[42] - Cash inflow from investment activities was CNY 195,022,504.00, up from CNY 79,469,725.04 in the previous period, indicating a positive trend in investment recovery[45] - The cash received from investment recoveries was CNY 193,481,404.00, a substantial increase from CNY 10,290,000.00 in the previous period, indicating improved investment performance[45] Operational Efficiency - Total operating costs for Q1 2024 were CNY 1,133,177,998.74, down from CNY 1,527,027,611.96, reflecting a cost reduction strategy[42] - Research and development expenses increased by 30.42% compared to the previous year, indicating a focus on innovation[30] - Research and development expenses were significantly reduced to CNY 77,514,856.51 from CNY 101,095,964.93, a decrease of about 23.4%[42] - The company reported a significant decrease in employee compensation payable, down 41.23% to ¥72,517,943.69, due to reduced year-end bonuses[30] - The company reported a decrease in cash outflows for employee payments to CNY 201,626,472.79 from CNY 213,640,530.21 in the previous period, suggesting cost management efforts[45] Shareholder Information - Shareholders' equity attributable to the parent company increased by 5.20% to ¥4,107,178,051.75 from ¥3,904,289,097.56 at the end of the previous year[8] - The company's total equity increased from ¥4,352,111,787.05 to ¥4,565,275,779.19, reflecting a growth of approximately 4.87%[21] - The total number of common shareholders at the end of the reporting period was 30,692[31] Other Notable Events - In March 2024, the company signed a share transfer agreement to sell a 4.3033% stake in Kesheng Technology for a total consideration of ¥183,191,400[15] - The company received the full payment for the share transfer amounting to ¥183,191,400 and completed the share transfer process[15] - The company has no non-recurring profit or loss items reported for the period[28]