太阳电缆(002300) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥2,802,763,187.57, representing a 26.30% increase compared to ¥2,219,161,238.25 in the same period last year[5] - Net profit attributable to shareholders decreased by 18.59% to ¥27,980,048.80 from ¥34,368,994.96 year-on-year[5] - Basic and diluted earnings per share fell by 18.70% to ¥0.0387 from ¥0.0476 in the same period last year[5] - Net profit for Q1 2024 was ¥25,580,512.02, a decrease of 28.4% compared to ¥35,689,681.24 in Q1 2023[22] - The total comprehensive income for Q1 2024 was ¥24,355,810.11, down from ¥34,045,213.90 in Q1 2023, reflecting a decrease of 28.5%[22] Cash Flow - The net cash flow from operating activities improved by 55.86%, reaching -¥166,208,563.01 compared to -¥376,586,131.35 in the previous year[5] - Cash flow from operating activities for Q1 2024 was ¥3,042,330,525.96, significantly higher than ¥2,211,950,929.46 in Q1 2023, indicating a 37.5% increase[23] - Total cash inflow from operating activities was 3,061,371,380.87 CNY, while cash outflow was 3,227,579,943.88 CNY, resulting in a net cash outflow of 166.21 million CNY[24] - Cash flow from investing activities resulted in a net outflow of -88,288,975.79 CNY, compared to -233,804,207.92 CNY in the previous year, indicating a reduction in investment losses[24] - Cash flow from financing activities generated a net inflow of 300,569,542.40 CNY, down from 741,736,736.85 CNY in Q1 2023, reflecting a decrease in financing activities[24] Assets and Liabilities - Total assets increased by 2.09% to ¥6,396,256,862.93 from ¥6,265,488,689.18 at the end of the previous year[5] - The company's total liabilities increased to ¥4,046,021,091.82 in Q1 2024 from ¥3,944,608,728.18 in Q1 2023, reflecting a growth of 2.6%[21] - Total current assets as of March 31, 2024, amount to ¥3,854,081,237.23, an increase from ¥3,772,019,478.89 at the beginning of the period[17] - Short-term borrowings increased to ¥1,496,128,416.62 from ¥1,218,725,854.04[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,962[13] - The largest shareholder, Fuzhou Taishun Industrial Co., Ltd., holds 22.31% of shares, totaling 161,136,963 shares[13] - The top ten shareholders include both state-owned and private entities, indicating a diverse ownership structure[13] Operational Efficiency - The cash flow from operating activities increased by 36.15% to ¥3,061,371,380.87 from ¥2,248,608,476.21 year-on-year[11] - The company's cash flow from operating activities showed a significant improvement year-over-year, indicating better operational efficiency[24] - The company reported a decrease in research and development expenses to ¥6,338,769.58 in Q1 2024 from ¥7,391,039.71 in Q1 2023, a reduction of 14.2%[21] Government Support - The company reported a total of ¥4,830,867.60 in government subsidies related to normal business operations[6]