鲁泰A(000726) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,382,655,063.47, a slight increase of 0.32% compared to CNY 1,378,301,160.57 in the same period last year[5]. - Net profit attributable to shareholders decreased by 28.74% to CNY 68,241,726.33 from CNY 95,759,162.05 year-on-year[5]. - The net profit after deducting non-recurring gains and losses increased significantly by 138.65% to CNY 122,504,699.15, driven by lower sales costs and reduced financial expenses[5][8]. - The net profit for Q1 2024 was CNY 70,695,847.98, a decrease of 22.7% compared to CNY 91,494,239.43 in Q1 2023[19]. - Operating profit for Q1 2024 was CNY 83,309,318.32, down from CNY 106,430,637.04 in the same period last year, representing a decline of 21.7%[19]. - The total comprehensive income for Q1 2024 was CNY 74,119,993.92, compared to CNY 64,708,085.37 in the same period last year, an increase of 14.5%[19]. Cash Flow and Assets - The net cash flow from operating activities improved dramatically by 353.87% to CNY 93,395,090.36, compared to a negative cash flow of CNY -36,789,172.94 in the previous year[5][8]. - Cash flow from operating activities generated a net amount of CNY 93,395,090.36, a significant improvement from a net outflow of CNY 36,789,172.94 in Q1 2023[20]. - Cash and cash equivalents rose to CNY 1,783,076,067.10 from CNY 1,558,252,048.03, an increase of 14.43%[14]. - Cash and cash equivalents at the end of Q1 2024 stood at CNY 1,325,382,614.31, down from CNY 1,384,731,796.64 at the end of Q1 2023[21]. - The company reported a net cash outflow from investing activities of CNY 600,807,528.54, slightly worse than the outflow of CNY 533,188,662.61 in Q1 2023[20]. - Total assets at the end of the reporting period reached CNY 13,876,740,262.84, reflecting a growth of 3.32% from CNY 13,430,286,222.94 at the end of the previous year[5]. - The total assets of the company reached CNY 13,876,740,262.84, up from CNY 13,430,286,222.94, reflecting an increase of 3.32%[16]. Shareholder Information - The company reported a total of 48,031 common shareholders at the end of the reporting period[10]. - The largest shareholder, Zibo Lucheng Textile Investment Co., Ltd., holds 17.17% of the shares, while the second largest shareholder, Tailun Co., Ltd., holds 14.10%[11]. Costs and Expenses - Total operating costs decreased to CNY 1,244,353,590.36 from CNY 1,322,345,679.23, reflecting a reduction of approximately 5.91%[18]. - Research and development expenses for the quarter were CNY 55,902,365.72, down from CNY 61,804,412.07, indicating a decrease of about 9.73%[18]. - The company recorded a foreign exchange loss of CNY 1,584,581.28 during the quarter, compared to a loss of CNY 11,540,604.60 in the previous year[21]. Earnings Per Share - The basic earnings per share decreased by 27.27% to CNY 0.08, while diluted earnings per share decreased by 20.00% to CNY 0.08[5]. - Basic earnings per share for Q1 2024 were CNY 0.08, down from CNY 0.11 in Q1 2023, reflecting a decrease of 27.3%[19]. - The weighted average return on equity was 0.74%, down from 1.06% in the same period last year[5]. Strategic Initiatives - The company plans to continue its market expansion and product development initiatives, focusing on enhancing operational efficiency and profitability[12]. - The company repurchased a total of 46,176,428 B shares, accounting for 5.35% of the total share capital, with a total expenditure of HKD 218,386,229.84[12].