安泰集团(600408) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,805,710,852.45, representing a decrease of 31.57% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥124,371,758.53, with a net profit excluding non-recurring items of -¥126,438,014.83[4]. - The basic and diluted earnings per share were both -¥0.12[4]. - The weighted average return on equity was -6.98%, a decrease of 1.97 percentage points from the previous year[4]. - The net profit for Q1 2024 was -124,381,348.33 RMB, compared to -123,169,569.60 RMB in Q1 2023, indicating a slight increase in losses of approximately 1,211,778.73 RMB[17]. - The total comprehensive income for Q1 2024 was -124,381,348.33 RMB, compared to -123,169,569.60 RMB in the same period last year, reflecting a similar trend in overall performance[18]. - The company’s revenue from sales of goods and services in Q1 2024 was 1,934,389,555.80 RMB, down from 2,966,735,022.88 RMB in Q1 2023, reflecting a decrease of about 34.7%[19]. - The company incurred credit impairment losses of 564,635.09 RMB in Q1 2024, compared to a gain of 136,251.02 RMB in Q1 2023, indicating a significant shift in credit performance[17]. - The company’s operating profit for Q1 2024 was -124,153,425.17 RMB, slightly worse than -122,296,502.90 RMB in Q1 2023, showing an increase in operational losses[17]. Cash Flow and Assets - The net cash flow from operating activities decreased by 58.73%, amounting to ¥50,521,809.61[4]. - The operating cash flow for Q1 2024 was 50,521,809.61 RMB, down from 122,406,448.14 RMB in Q1 2023, representing a decrease of approximately 58.7%[19]. - Cash and cash equivalents were CNY 150,082,417.10 as of March 31, 2024, down from CNY 175,791,964.40 as of December 31, 2023[12]. - Cash and cash equivalents at the end of Q1 2024 were 90,082,417.10 RMB, a decrease from 127,422,255.01 RMB at the end of Q1 2023, indicating a decline of about 29.2%[20]. - The net cash flow from investing activities was -13,346,450.08 RMB in Q1 2024, compared to -37,430,841.71 RMB in Q1 2023, showing an improvement in investment cash flow losses[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,870,565,623.31, down 1.93% from the end of the previous year[4]. - Total assets as of March 31, 2024, were CNY 4,870,565,623.31, compared to CNY 4,966,623,798.16 as of December 31, 2023[13]. - Total liabilities decreased to CNY 3,139,859,318.71 in Q1 2024 from CNY 3,119,486,741.76 in Q4 2023[14]. - Current assets totaled CNY 691,003,152.70 as of March 31, 2024, compared to CNY 738,591,921.65 as of December 31, 2023[13]. - Inventory increased to CNY 279,315,664.85 as of March 31, 2024, from CNY 313,878,057.85 as of December 31, 2023[12]. - Long-term equity investments remained stable at CNY 575,419,587.66 as of March 31, 2024, compared to CNY 570,060,812.24 as of December 31, 2023[12]. Shareholder Information - Shareholders' equity attributable to the company's shareholders was ¥1,723,832,254.75, a decrease of 6.33% compared to the previous year[4]. - The total number of ordinary shareholders at the end of the reporting period was 56,137[8]. Operating Costs - Total operating costs for Q1 2024 were CNY 1,932,836,085.83, down 30.2% from CNY 2,767,041,642.75 in Q1 2023[16]. - Research and development expenses decreased to CNY 7,110,962.02 in Q1 2024, a reduction of 50.9% from CNY 14,489,234.65 in Q1 2023[16]. - The decline in operating revenue was attributed to reduced sales volumes and prices of coke and section steel products[6].