太钢不锈(000825) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥24,462,941,677.88, a decrease of 5.57% compared to ¥25,906,221,010.11 in the same period last year[3] - The net profit attributable to shareholders was ¥3,351,987.77, marking a turnaround from a loss of ¥591,845,544.36 in the previous year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥44,578,317.14, an improvement of 92.96% from -¥633,213,175.48 year-on-year[3] - The company's cash flow from operating activities showed a net outflow of -¥896,507,409.31, an improvement from -¥2,219,408,059.30 in the previous year[3] - Total operating revenue for Q1 2024 was CNY 24.46 billion, a decrease of 5.56% from CNY 25.91 billion in the same period last year[18] - Net profit for Q1 2024 was CNY 5.51 million, a significant recovery from a net loss of CNY 656.37 million in Q1 2023[20] - The company reported a comprehensive income total of CNY 1.82 million for Q1 2024, compared to a loss of CNY 665.69 million in the same quarter last year[20] - The basic earnings per share for Q1 2024 was CNY 0.001, recovering from a loss of CNY 0.104 in the same period last year[20] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥67,980,722,938.38, a slight decrease of 0.38% from ¥68,238,646,355.65 at the end of the previous year[3] - The company's current assets totaled CNY 20,034,987,002.10, slightly up from CNY 19,904,572,416.42 at the beginning of the period[15] - The total liabilities decreased to CNY 22,423,790,848.26 from CNY 22,711,875,382.85, a reduction of about 1.3%[16] - The company's long-term borrowings stood at CNY 8,993,236,762.76, slightly up from CNY 8,934,431,569.84[16] - The company reported a total of 47,945,735,936.28 in non-current assets, down from 48,334,073,939.23[16] - The total equity attributable to shareholders of the parent company increased slightly to CNY 33.58 billion from CNY 33.58 billion at the beginning of the year[19] Cash Flow and Financing Activities - The cash flow from financing activities decreased by 85.53% to ¥17,995.36 million, primarily due to a reduction in borrowings[8] - The net cash flow from investing activities was -554,903,430.18, compared to -977,217,871.11 in the previous period, indicating an improvement of approximately 43.2%[22] - Cash inflow from financing activities totaled 759,093,965.31, down from 2,398,202,480.08 in the previous period, representing a decrease of about 68.3%[22] - The net cash flow from financing activities was 179,953,566.84, a significant decline of approximately 85.5% compared to 1,244,026,926.64 in the previous period[22] - The cash and cash equivalents at the end of the period were 6,596,098,183.41, down from 8,572,658,376.63, reflecting a decrease of about 23.0%[22] Operational Metrics - The weighted average return on equity increased to 0.01%, up by 1.72 percentage points from -1.71% in the same period last year[3] - The company recorded a 137.40% increase in employee compensation payable, reflecting increased provisions for employee education and union funds[6] - Research and development expenses decreased to CNY 96.06 million, down from CNY 129.77 million year-over-year, indicating a 26% reduction[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 160,962, with the largest shareholder holding 63.07% of the shares[9] - The proportion of the top 10 shareholders in total equity was 0.22% for the China Agricultural Bank Co., Ltd. - CSI 500 ETF, holding 12,716,048 shares[12] Other Financial Information - The company did not undergo an audit for the first quarter report[23] - The report was released by the board of directors on April 25, 2024[23]