鸿路钢构(002541) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the current period is ¥4,427,021,699.83, a decrease of 11.77% compared to ¥5,017,703,018.77 in the same period last year[31] - Net profit attributable to shareholders of the listed company is ¥203,176,365.95, reflecting a slight increase of 1.12% from ¥200,921,284.76 year-on-year[31] - The net cash flow from operating activities is ¥84,211,386.56, down 49.97% from ¥168,334,931.18 in the previous year[31] - Total operating revenue for the first quarter was approximately CNY 4.43 billion, a decrease of 11.7% compared to CNY 5.02 billion in the same period last year[42] - Net profit for the first quarter was approximately CNY 203.18 million, compared to CNY 200.92 million in the same period last year, showing a slight increase of 1.3%[44] - The total comprehensive income attributable to the parent company was CNY 203,176,365.95, compared to CNY 200,921,284.76 in the previous period, reflecting an increase of approximately 1.26%[45] Assets and Liabilities - As of March 31, 2024, the total assets of Anhui Honglu Steel Structure (Group) Co., Ltd. amounted to CNY 23,793,308,346.41, an increase from CNY 23,284,289,109.59 at the beginning of the year, reflecting a growth of approximately 2.18%[20] - The company's total liabilities increased to CNY 14,396,119,360.02 from CNY 14,090,276,489.15, reflecting a growth of approximately 2.17%[21] - Total current liabilities decreased slightly to CNY 8,301,557,121.25 from CNY 8,344,984,662.74, a reduction of about 0.52%[20] - The total equity attributable to the owners of the parent company rose to CNY 9,397,188,986.39 from CNY 9,194,012,620.44, an increase of about 2.21%[21] Cash Flow - Net cash flow from operating activities was CNY 84,211,386.56, a decrease of 50% from CNY 168,334,931.18 in the previous period[47] - Net cash flow from investing activities was -CNY 307,432,342.80, compared to -CNY 325,301,147.87, showing a slight improvement[47] - Cash flow from financing activities generated CNY 302,036,493.14, down from CNY 408,294,230.98, indicating a reduction in financing activities[47] - The ending balance of cash and cash equivalents was CNY 305,981,383.57, down from CNY 431,184,093.05, reflecting a decrease in liquidity[47] - The company reported a total cash increase of CNY 78,816,456.49, down from CNY 251,320,789.75, indicating a decline in cash generation[47] Borrowings and Debt Management - The company confirmed that there are no adjustments or restatements required for previous accounting data, ensuring the accuracy of the financial information disclosed[3] - The company reported a decrease in short-term borrowings to CNY 1,288,215,418.94 from CNY 1,270,873,714.95, a decline of approximately 1.10%[20] - The long-term borrowings increased to CNY 3,798,330,368.21 from CNY 3,396,830,368.24, indicating a rise of about 11.79%[21] - The company received CNY 959,288,333.33 from borrowings, slightly lower than CNY 990,680,000.00 in the previous period[47] - The company paid CNY 601,380,000.00 in debt repayments, an increase from CNY 544,300,000.00, indicating a higher focus on debt management[47] Research and Development - Research and development expenses increased by 105.44% to ¥156,743,176.68, compared to ¥76,297,530.56 in the same period last year[33] - Research and development expenses increased significantly to CNY 156.74 million, up from CNY 76.30 million, reflecting a 105.5% increase[42] Tax and Government Subsidies - The company reported a decrease in tax payments by 37.05% to ¥248,028,723.79, attributed to a decline in operating revenue[33] - The company received government subsidies amounting to ¥151,293,507.09, which positively impacted the current period's profit[33] Profitability Metrics - The weighted average return on net assets is 2.19%, down from 2.40% in the previous year[31] - The basic earnings per share for the current period is ¥0.2945, a slight increase of 1.13% from ¥0.2912 in the same period last year[31] - Basic and diluted earnings per share were both CNY 0.2945, up from CNY 0.2912 and CNY 0.2907 respectively, indicating a growth in profitability[45] Operating Costs and Margins - Total operating costs for the first quarter were approximately CNY 4.32 billion, down from CNY 4.83 billion year-over-year[42] - The gross profit margin for the first quarter was approximately 15.0%, down from 16.5% in the previous year[42] - The company reported a financial expense of approximately CNY 75.16 million, an increase from CNY 67.10 million year-over-year[44] - The company’s operating profit for the quarter was approximately CNY 253.85 million, slightly up from CNY 249.76 million year-over-year[44] Financial Strategy - The company’s financial performance indicates a focus on cost management and increased investment in R&D to drive future growth[42] - The impact of foreign exchange fluctuations on cash and cash equivalents was CNY 919.59, compared to -CNY 7,224.54, showing a positive effect from currency movements[47]