中能电气(300062) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 386,400,794.76, representing a 14.35% increase compared to CNY 337,903,236.61 in the same period last year[5] - Net profit attributable to shareholders was CNY 12,369,210.57, up 13.38% from CNY 10,909,193.26 year-on-year[5] - The company reported a net profit for Q1 2024 of CNY 11,924,150.99, an increase of 9.7% compared to CNY 10,865,620.42 in Q1 2023[25] - The total profit before tax was CNY 16,967,409.70, an increase of 9.9% from CNY 14,514,419.66 in Q1 2023[25] - The company reported a total comprehensive income of CNY 11,925,380.99, up from CNY 10,864,822.00 in Q1 2023[26] - The company's basic and diluted earnings per share remained stable at CNY 0.02, unchanged from the previous year[5] - The company reported a gross profit margin of approximately 1.59% for Q1 2024, compared to the previous year's margin[24] Cash Flow and Investments - The net cash flow from operating activities improved by 30.79%, reaching CNY -85,222,863.52 compared to CNY -123,134,096.00 in the previous year[5] - The cash flow from operating activities showed a net outflow of CNY -85,222,863.52, improving from CNY -123,134,096.00 in Q1 2023[27] - Investment activities resulted in a net cash outflow of CNY -212,080,831.20, compared to CNY -121,976,480.38 in the same period last year[29] - Cash received from borrowings increased by 61.26% to ¥125,300,000.00 compared to ¥77,700,000.00 in the previous period, driven by increased borrowing needs[11] - Cash paid for debt repayment surged by 251.10% to ¥231,143,421.44 from ¥65,833,525.80, primarily due to the repayment of maturing loans and early repayment of financing lease borrowings[11] - Cash payments for the purchase and construction of fixed assets rose by 182.43% to ¥6,799,510.62 from ¥2,407,532.43 in the previous period, indicating increased investment in long-term assets[11] - Cash paid for investments increased by 78.75% to ¥214,500,000.00 from ¥120,000,000.00, reflecting higher spending on structured deposits and equity investments[11] Assets and Liabilities - The total assets at the end of Q1 2024 were CNY 3,029,093,590.77, a slight decrease of 0.29% from CNY 3,038,010,842.86 at the end of the previous year[5] - The company's total liabilities decreased to RMB 1.69 billion from RMB 1.71 billion at the beginning of the period, indicating a reduction of approximately 1.36%[22] - The non-current assets totaled RMB 807.57 million, down from RMB 846.61 million at the beginning of the period, reflecting a decrease of 4.61%[21] - The company's inventory increased by 61.20% to CNY 99,945,630.41, driven by higher procurement of raw materials[8] - The contract liabilities rose by 115.32% to CNY 23,183,977.80, reflecting prepayments received from customers[8] - The company's accounts receivable increased to RMB 935.32 million from RMB 863.61 million, representing an increase of 8.29%[19] - The company's retained earnings rose to RMB 336.72 million from RMB 323.96 million, an increase of 3.67%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,063, with no preferred shareholders having restored voting rights[13] - The top ten shareholders held a combined 42.11% of the company's shares, with CHEN MANHONG and CHEN TIANXU being the largest shareholders at 16.90% and 16.19% respectively[13] - The total number of restricted shares at the beginning of the period was 178,764,120, with 7,822,500 shares released from restrictions during the period[16] Other Financial Metrics - The weighted average return on equity improved to 0.93%, up from 0.87% in the previous year[5] - The company incurred a credit impairment loss of CNY 4,662,711.10, significantly higher than CNY 1,153,334.79 in the previous year[25] - Investment income surged by 940.47% to CNY 5,485,736.46, primarily due to gains from the disposal of subsidiary equity[9] - The cash flow from investment income increased by 546.70% to ¥362,486.30 compared to ¥56,052.05 in the previous period, primarily due to interest received from the maturity of structured deposits[11] - Cash received from the disposal of subsidiaries amounted to ¥8,777,593.12, marking a 100% increase as there were no similar transactions in the previous period[11]