中天火箭(003009) - 2024 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2024 was CNY 212,325,627.63, representing a 17.25% increase compared to CNY 181,082,636.41 in the same period last year[5] - Net profit attributable to shareholders decreased by 71.81% to CNY 7,769,283.80 from CNY 27,558,703.88 year-on-year[5] - Basic earnings per share dropped by 72.22% to CNY 0.0500 from CNY 0.18 in the same period last year[5] - Total operating revenue for Q1 2024 reached ¥212,325,627.63, an increase of 17.2% compared to ¥181,082,636.41 in the same period last year[18] - Net profit for Q1 2024 was ¥7,769,283.80, a decrease of 71.8% compared to ¥27,558,703.88 in Q1 2023[19] - Earnings per share (EPS) for Q1 2024 was ¥0.0500, down from ¥0.18 in the previous year[20] Cash Flow and Financial Activities - The net cash flow from operating activities improved by 46.01%, reaching CNY -59,511,398.40, compared to CNY -110,224,634.49 in the previous year[5] - Cash inflow from operating activities totaled ¥111,984,375.89, significantly higher than ¥71,477,751.44 in the same quarter last year[21] - The net cash flow from operating activities for Q1 2024 was -¥59,511,398.40, an improvement from -¥110,224,634.49 in Q1 2023, indicating a 46% reduction in cash outflow[23] - Cash inflow from financing activities in Q1 2024 was ¥28,800,000.00, significantly higher than ¥1,016,160.00 in Q1 2023, marking an increase of over 2,700%[23] - The company reported a total cash outflow from financing activities of ¥1,524,008.21 in Q1 2024, slightly down from ¥1,663,302.70 in Q1 2023, indicating a decrease of about 8.4%[23] - The net increase in cash and cash equivalents for Q1 2024 was -¥50,214,546.07, an improvement from -¥123,895,442.93 in Q1 2023, showing a 59% reduction in cash depletion[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,077,156,158.85, a slight increase of 0.64% from CNY 3,057,681,218.87 at the end of the previous year[5] - Total current assets amount to 2,238,283,287.36 RMB, slightly up from 2,230,556,462.87 RMB at the beginning of the period[15] - The total liabilities as of Q1 2024 were ¥1,452,787,759.23, slightly up from ¥1,442,128,770.72 in the previous year[19] - The total equity attributable to shareholders increased to ¥1,624,368,399.62 from ¥1,615,552,448.15 year-over-year[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 21,060[11] - The largest shareholder, Aerospace Power Technology, holds 32.65% of shares, totaling 50,740,000 shares[11] - The number of shares held by the top 10 shareholders includes significant stakes from state-owned entities, indicating strong institutional support[12] Expenses and Financial Performance - Total operating costs increased to ¥210,535,425.83, up 40.5% from ¥149,882,515.91 year-over-year, primarily driven by a rise in operating costs from ¥120,088,004.12 to ¥177,486,654.02[18] - Research and development expenses increased to ¥13,535,437.16, compared to ¥12,356,508.69 in the previous year, reflecting a focus on innovation[19] - Sales expenses rose to ¥5,054,280.67, up from ¥3,781,570.26, indicating increased investment in marketing efforts[19] - The company reported a significant increase in financial expenses by 1132.21%, amounting to CNY 590,456.16, mainly due to decreased interest income[8] - The company reported a financial expense of ¥590,456.16, compared to a financial income of -¥57,203.38 in the previous year, indicating a shift in financial performance[19] Inventory and Receivables - Accounts receivable decreased by 58.42% to CNY 55,081,519.95, primarily due to the maturity of notes payable[8] - Accounts receivable increased to 564,767,513.78 RMB from 490,951,406.32 RMB, reflecting a growth of approximately 15%[14] - Inventory has risen to 333,059,402.86 RMB, compared to 290,680,751.52 RMB, indicating an increase of about 14.5%[15] - The company reported a significant increase in accounts payable, which rose to 578,610,581.74 RMB from 507,477,508.06 RMB, a growth of approximately 14%[15] Accounting and Reporting Changes - The company has not undergone an audit for the Q1 2024 report, as stated in the financial documentation[25] - The company is implementing new accounting standards starting from 2024, which may impact future financial reporting[24]