Eurocrane(SH:603966)2024-04-26 09:11Financial Performance - The company's operating revenue for Q1 2024 was CNY 344,389,752.89, representing a decrease of 22.46% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 24,857,575.09, an increase of 5.66% year-over-year[5]. - The basic earnings per share for the period was CNY 0.07, reflecting a year-over-year increase of 5.74%[5]. - Net profit for Q1 2024 was CNY 25,475,387.63, an increase of 7.0% from CNY 23,801,949.21 in Q1 2023[19]. - The total comprehensive income for Q1 2024 was CNY 20,363,337.00, down from CNY 25,291,468.24 in Q1 2023, a decline of 19.6%[19]. Cash Flow - The net cash flow from operating activities was negative CNY 37,579,656.55, a decline of 45.13% compared to the previous year[5]. - In Q1 2024, the company reported cash inflows from operating activities of CNY 389,414,406.76, a decrease of 11.5% compared to CNY 439,923,140.18 in Q1 2023[20]. - The net cash outflow from operating activities was CNY -37,579,656.55, worsening from CNY -25,893,482.30 in the same period last year[20]. - Cash inflows from investment activities totaled CNY 142,175,443.17, up 25.9% from CNY 112,858,238.27 in Q1 2023[21]. - The net cash inflow from investment activities was CNY 3,042,170.05, a significant improvement from CNY -93,037,746.24 in Q1 2023[21]. - Cash inflows from financing activities were CNY 58,708,300.00, down 29.0% from CNY 82,488,080.19 in Q1 2023[21]. - The net cash outflow from financing activities was CNY -17,373,195.74, compared to a net inflow of CNY 58,562,061.09 in the same quarter last year[21]. - The company's cash and cash equivalents at the end of Q1 2024 stood at CNY 295,937,536.52, down from CNY 323,406,081.59 at the end of Q1 2023[21]. - The company experienced a negative impact of CNY -1,638,647.47 from exchange rate fluctuations on cash and cash equivalents[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,464,979,283.10, a decrease of 0.38% from the end of the previous year[6]. - The company's current assets totaled RMB 2,082,917,794.94, down from RMB 2,096,297,947.73, indicating a decrease of about 0.64%[14]. - The total liabilities decreased to RMB 2,082,917,794.94 from RMB 2,096,297,947.73, indicating a reduction of approximately 0.64%[14]. - The company's long-term equity investments were valued at RMB 2,682,335.53, an increase from RMB 2,560,704.26, reflecting a growth of about 4.75%[14]. - The company's short-term borrowings were reported at RMB 91,924,653.32, down from RMB 108,041,455.79, representing a decrease of about 14.88%[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,380[10]. - The top shareholder, Jin Hongping, holds 17.72% of the shares, totaling 63,826,845 shares[11]. - Shareholders' equity attributable to the parent company increased by 1.37% to CNY 1,561,908,183.76[6]. - The total equity attributable to shareholders increased to CNY 1,561,908,183.76 in Q1 2024 from CNY 1,540,839,597.98 in Q1 2023, reflecting a growth of 1.4%[16]. Expenses and Other Financial Metrics - Total operating costs for Q1 2024 were CNY 314,450,534.33, down 25.0% from CNY 419,464,361.33 in Q1 2023[16]. - Research and development expenses rose to CNY 18,500,604.23 in Q1 2024, compared to CNY 15,070,755.12 in Q1 2023, marking a 22.3% increase[16]. - The company reported a foreign exchange loss of CNY 4,000,178.63 in Q1 2024, compared to a gain of CNY 943,420.46 in Q1 2023[19]. - Non-recurring gains and losses totaled CNY 4,803,663.91 after tax adjustments[8]. - The company reported a software VAT refund amounting to CNY 2,189,898.96 as part of its non-recurring gains[9].