海力风电(301155) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥124,179,576.68, a decrease of 75.22% compared to ¥501,108,903.76 in the same period last year[15]. - The net profit attributable to shareholders for Q1 2024 was ¥73,655,367.64, down 10.28% from ¥82,098,694.14 year-on-year[15]. - The company's basic earnings per share for Q1 2024 were ¥0.34, down 10.53% from ¥0.38 in the same period last year[15]. - The company reported a net profit for the period of 72,943,282.53, a decrease of 11.5% compared to 82,672,906.85 in the previous period[38]. - Operating profit was reported at 83,588,621.99, down from 95,811,645.14, reflecting a decline of approximately 12.5%[38]. - The total profit amounted to 84,156,621.99, compared to 95,751,423.43, indicating a decrease of about 12.5%[38]. - The total comprehensive income for Q1 2024 was ¥108,486,040.05, compared to ¥209,388,527.89 in Q1 2023, a decline of approximately 48.3%[55]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥172,897,171.55, a decline of 91.62% compared to -¥90,227,959.16 in the previous year[15]. - Cash received from other operating activities fell by 75.80% to ¥5,721,971.33 from ¥23,642,593.65, primarily due to a decrease in government subsidies[21]. - Net increase in cash and cash equivalents was negative at -¥374,727,771.67, worsening by 86.61% compared to -¥200,809,482.83 from the previous year[21]. - Total current assets decreased from ¥985,251,971.23 to ¥602,583,519.56, indicating a significant reduction in liquidity[33]. - Cash and cash equivalents at the end of the period were 610,524,199.56, down from 1,344,517,545.39, representing a decrease of approximately 54.7%[42]. - The company experienced a net cash outflow from operating activities of 172,897,171.54, worsening from a cash outflow of 90,227,959.16 in the previous period[42]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,980,845,849.91, reflecting a 3.30% increase from ¥7,725,892,549.76 at the end of the previous year[15]. - Total liabilities rose to ¥2,284,410,317.40, compared to ¥2,137,943,057.30 in the same period last year, which is an increase of approximately 6.9%[52]. - The company's equity attributable to shareholders increased to ¥5,454,071,316.81 from ¥5,344,873,191.65, reflecting a growth of about 2.1%[52]. Inventory and Receivables - The company's inventory increased by 32.76% to ¥1,151,387,317.07, primarily due to increased sales preparations[19]. - Accounts receivable decreased from ¥1,105,751,451.01 to ¥953,313,493.40, reflecting a decline in credit sales[33]. - Inventory increased from ¥867,297,517.23 to ¥1,151,387,317.07, suggesting potential overstocking issues[33]. Investment and Expenses - The company experienced a 240.97% increase in investment income, reaching ¥54,813,569.02 compared to ¥16,075,674.58 in the previous year[19]. - Research and development expenses for Q1 2024 were ¥6,037,666.90, compared to ¥4,930,063.82 in Q1 2023, indicating an increase of approximately 22.5%[52]. - The company reported investment activity cash outflows totaling 247,483,023.73, compared to 384,677,357.01 in the previous period, indicating a reduction of about 35.6%[42]. - The company recorded interest expenses of 5,362,736.90, an increase from 2,329,681.74, reflecting a rise of approximately 130.5%[38]. Other Financial Metrics - The company reported a significant increase in credit impairment losses, amounting to ¥62,789,904.31, which is a 418.53% increase due to the recovery of long-aged accounts receivable[12]. - Tax refunds received decreased by 99.33% to ¥27,703.65 from ¥4,141,266.14 due to a decline in VAT refunds[21]. - Cash paid for various taxes and other operating activities decreased by 51.49% to ¥16,439,520.70 and increased by 108.72% to ¥14,556,461.43 respectively, attributed to a decline in turnover tax and corporate income tax payments[21]. - The company reported a significant increase in cash paid for dividends and interest, which rose by 302.86% to ¥4,347,576.40 from ¥1,079,166.66[21]. - The total number of ordinary shareholders at the end of the reporting period was 24,173, with the top ten shareholders holding a combined 70.36% of shares[28].