隆鑫通用(603766) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥1,986,701,830.85, a 35.3% increase compared to ¥1,469,462,237.66 in Q1 2023[7] - Net profit attributable to shareholders for Q1 2024 was ¥254,146,446.20, up 40.2% from ¥181,370,999.20 in Q1 2023[14] - The basic earnings per share for Q1 2024 was ¥0.1254, reflecting a 39.18% increase year-over-year[17] - The total profit for Q1 2024 was ¥300,064,265.24, a 39.5% increase from ¥215,110,551.52 in Q1 2023[14] - The company achieved operating revenue of 3.296 billion yuan, a year-on-year increase of 20.41%[53] - The net profit attributable to shareholders was 258 million yuan, up 39.25% year-on-year, while the net profit after deducting non-recurring gains and losses was 247 million yuan, reflecting a 60.70% increase[53] - Total operating revenue for Q1 2024 reached ¥3,295,770,719.47, a 20.5% increase from ¥2,737,019,407.80 in Q1 2023[75] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥13,961,918,818.10, a slight increase of 0.15% from ¥13,941,609,309.86 at the end of the previous year[18] - The company's total equity attributable to shareholders increased to ¥8,507,837,519.53, a 3.09% rise from ¥8,252,709,655.32 at the end of the previous year[18] - The total liabilities decreased to ¥5,282,927,062.83 from ¥5,513,303,990.73, indicating a reduction of approximately 4.18%[39] - The company's total current liabilities decreased to ¥4,990,410,205.38 from ¥5,214,182,866.15, a decline of about 4.30%[39] - The company's long-term liabilities decreased to ¥292,516,857.45 from ¥299,121,124.58, reflecting a decrease of approximately 2.00%[39] - Total liabilities increased to approximately $5.12 billion from $4.66 billion, reflecting a growth of about 9.93% year-over-year[82] Cash Flow - The net cash flow from operating activities for Q1 2024 was negative at -¥50,540,838.39, a decline of 112.56% year-over-year[17] - Cash flow from operating activities for Q1 2024 was ¥61,084,250.29, slightly down from ¥63,341,396.21 in Q1 2023[73] - Cash flow from investing activities totaled ¥4,611,736,412.11 in Q1 2024, compared to ¥5,015,684,745.10 in Q1 2023[73] - The net cash flow from investing activities was negative at approximately -$648.02 million, compared to a positive cash flow of $21.86 million in the previous period[88] - The cash flow from financing activities generated a net inflow of ¥25,051,490.53 in Q1 2024, contrasting with a net outflow of -¥167,971,754.61 in Q1 2023[80] Research and Development - The company's R&D expenses for Q1 2024 were ¥39,538,733.76, slightly down from ¥39,654,386.63 in Q1 2023[7] - Research and development expenses for Q1 2024 were ¥106,001,815.39, a decrease from ¥116,781,990.02 in Q1 2023[75] Shareholder Information - The company reported a net profit of ¥0 for the merged entity, consistent with the previous period[42] - The company has made progress in transferring equity in Italian CMD, although specific details were not disclosed[32] - The company is currently undergoing restructuring of its controlling shareholder, with updates pending[35] - The company has not reported any changes in the top 10 shareholders or the top 10 unrestricted shareholders due to securities lending activities[30] - The controlling shareholder has pledged 1,027,668,574 shares, accounting for 99.94% of its holdings[57] - The company is closely monitoring the bankruptcy restructuring of its controlling shareholder, which has been extended for six months until May 21, 2024[57] Inventory and Receivables - Accounts receivable increased to ¥1,450,536,009.19 from ¥1,173,572,721.40, representing a growth of about 23.54%[36] - The accounts receivable balance of the subsidiary Guangzhou Weining was 660 million yuan, with a credit impairment loss of 389 million yuan[53] - The company's inventory slightly decreased to ¥699,295,449.46 from ¥702,559,963.31, a reduction of about 0.32%[60] Comprehensive Income - The total comprehensive income attributable to the parent company was ¥255,127,864.21, compared to ¥184,221,514.83, reflecting an increase of about 38.5%[65] - The total comprehensive income for the period was approximately $26.06 million, compared to $99.20 million in the previous period, a decline of about 73.73%[86]