泰胜风能(300129) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥656,936,699.24, a decrease of 18.38% compared to ¥804,851,686.63 in the same period last year[5] - Net profit attributable to shareholders was ¥54,653,890.26, down 39.69% from ¥90,628,332.30 year-on-year[5] - Basic earnings per share decreased by 39.63% to ¥0.0585 from ¥0.0969 in the same period last year[5] - The company's net profit for Q1 2024 was CNY 55,669,083.66, a decrease of 37.6% compared to CNY 89,268,131.14 in Q1 2023[32] - Operating profit for Q1 2024 was CNY 65,011,145.86, down 38.1% from CNY 105,073,406.30 in the same period last year[32] - Total revenue from operating activities was CNY 630,418,228.90, a decline of 23.6% compared to CNY 825,412,709.54 in Q1 2023[34] - The total comprehensive income for Q1 2024 was CNY 53,790,193.11, down from CNY 88,832,754.61 in Q1 2023[33] Cash Flow and Expenses - The net cash flow from operating activities was -¥839,409,808.23, representing a decline of 121.10% compared to -¥379,643,082.18 in the previous year[5] - The company reported a net cash outflow from operating activities of CNY -839,409,808.23, worsening from CNY -379,643,082.18 in Q1 2023[34] - Investment activities resulted in a net cash outflow of CNY -21,411,440.14, compared to CNY -213,279,593.30 in the previous year[35] - Cash and cash equivalents at the end of Q1 2024 were CNY 304,220,087.61, down from CNY 446,650,151.41 at the end of Q1 2023[35] - Financial expenses for Q1 2024 were CNY 6,087,201.22, a decrease from CNY 16,316,075.12 in Q1 2023[32] Assets and Liabilities - Total assets increased by 3.13% to ¥8,115,485,352.18 from ¥7,869,115,610.05 at the end of the previous year[5] - The total liabilities of the company were CNY 3,703.26 million, compared to CNY 3,530.68 million at the beginning of the period[29] - The company's cash and cash equivalents decreased to CNY 595.73 million from CNY 850.17 million at the beginning of the period[27] - The company's inventory increased to CNY 1,961.81 million from CNY 1,778.23 million at the beginning of the period[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 48,087[16] - Guangzhou Kaide Investment Holding Co., Ltd. holds 26.93% of shares, totaling 251,779,903 shares[16] - The total number of restricted shares held by Guangzhou Kaide is 215,745,976, with a voluntary lock-up period until December 6, 2024[20] - The company has a total of 286,131,055 restricted shares, with 15,749,100 shares released during the reporting period[21] - The top ten shareholders hold a significant portion of shares, with the largest shareholder holding nearly 27%[16] - The company has not reported any changes in the number of shares lent or returned through margin trading[18] Operational Highlights - The company experienced a 46.61% increase in selling expenses, totaling ¥3,790,193.58 compared to ¥2,585,178.56 in the previous year[11] - Research and development expenses decreased by 41.12% to ¥23,331,653.20 from ¥39,623,740.08 year-on-year[11] - The company reported a significant increase in short-term borrowings, rising by 592.20% to ¥636,203,541.12 from ¥91,910,073.07[9] Future Outlook and Plans - The company plans to establish four subsidiaries in Xinjiang, Hebei, and Guangxi, with one already in the infrastructure construction phase[22] - The company’s future outlook includes continued expansion and investment in renewable energy sectors[22] - The company's stock issuance plan is pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission[23] Orders and Market Activity - The total amount of executed and pending orders during the reporting period reached CNY 4,126.97 million, with CNY 819.51 million in new land wind power equipment orders and CNY 138.82 million in new offshore wind power and marine engineering equipment orders[24] - Domestic orders increased by CNY 459.26 million, while foreign orders increased by CNY 521.94 million, with total executed and pending domestic orders at CNY 2,627.42 million and foreign orders at CNY 1,499.55 million[24] - The company is focusing on expanding its market presence and enhancing its product offerings in the wind energy sector[24]