永创智能(603901) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥831,672,851.04, representing an increase of 11.20% compared to the same period last year[5]. - The net profit attributable to shareholders decreased by 48.24% to ¥38,467,182.73, primarily due to increased fair value losses from equity investments and higher operating expenses[5][8]. - Net profit for Q1 2024 was ¥39,571,547.33, a decrease of 46.9% from ¥74,573,317.85 in Q1 2023[17]. - Basic earnings per share for Q1 2024 were ¥0.08, down from ¥0.16 in Q1 2023[18]. - The weighted average return on equity decreased by 1.37 percentage points to 1.51%[5]. - The company reported a total profit of ¥45,770,365.71 for Q1 2024, down from ¥87,463,483.91 in Q1 2023[17]. - Total operating costs for Q1 2024 were ¥770,603,198.54, up 14.2% from ¥674,948,291.11 in Q1 2023[16]. - Other income for Q1 2024 was ¥10,004,987.10, significantly higher than ¥2,064,959.00 in Q1 2023[16]. - The company experienced a foreign exchange loss of -¥247,436.96 in Q1 2024, compared to a loss of -¥11,993.82 in Q1 2023[17]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥202,011,230.61, indicating increased cash outflows compared to the previous year[5][8]. - Cash flow from operating activities in Q1 2024 was negative at -¥202,011,230.61, compared to -¥151,423,033.62 in Q1 2023[18]. - The net cash flow from investing activities was -$158.97 million, compared to -$76.84 million in the previous period, indicating a significant increase in cash outflow[19]. - The net cash flow from financing activities was $89.62 million, compared to $208.25 million in the previous period, showing a decline in net cash generated from financing[19]. - The cash and cash equivalents at the end of the period were $457.85 million, down from $962.35 million at the end of the previous period, indicating a substantial decrease in liquidity[19]. - The company reported a cash decrease of $270.70 million during the period, compared to a decrease of $20.64 million in the previous period, indicating a worsening cash position[19]. - The beginning cash and cash equivalents balance was $728.55 million, down from $982.99 million in the previous period, reflecting a decline in available cash at the start of the period[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,175,618,817.91, a slight increase of 0.18% from the end of the previous year[6]. - As of March 31, 2024, the total assets of the company amounted to CNY 7,175,618,817.91, a slight increase from CNY 7,162,745,756.34 as of December 31, 2023[12]. - The company's current assets totaled CNY 4,686,556,610.38, down from CNY 4,752,272,264.15 in the previous period[13]. - The total liabilities decreased slightly to CNY 4,562,329,309.74 from CNY 4,576,280,991.71[14]. - The company's equity attributable to shareholders rose to CNY 2,564,480,179.24 from CNY 2,539,556,373.34, indicating an increase of about 0.98%[14]. - The inventory increased to CNY 3,145,446,859.07 from CNY 3,010,402,690.78, reflecting a growth of approximately 4.48%[13]. - The accounts receivable rose to CNY 661,984,393.01 from CNY 626,423,222.01, an increase of about 5.68%[12]. - The company's cash and cash equivalents decreased to CNY 476,213,186.88 from CNY 742,296,877.41, a decline of approximately 35.83%[12]. - Short-term borrowings increased to CNY 226,182,101.39 from CNY 218,340,321.62, representing a growth of approximately 3.85%[14]. - Long-term borrowings increased to CNY 1,003,956,573.45 from CNY 908,592,256.88, reflecting a growth of about 10.87%[14]. - The company experienced a 30.12% decrease in accounts payable, primarily due to payments made to suppliers during the reporting period[8]. - The company reported a total non-recurring loss of ¥13,219,745.03 for the period[7]. - The company reported a decrease in other payables to CNY 48,040,925.51 from CNY 72,094,000.97, a reduction of approximately 33.33%[14]. Shareholder Information - The company reported a total of 18,069 common shareholders at the end of the reporting period[10]. - The largest shareholder, Lü Jie, holds 35.17% of the shares, totaling 171,600,000 shares[10].