太阳能(000591) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,410,503,282.93, a decrease of 17.39% compared to ¥1,707,422,673.75 in the same period last year[4] - Net profit attributable to shareholders was ¥350,698,365.27, down 9.83% from ¥388,943,009.26 year-on-year[4] - The net cash flow from operating activities was -¥69,390,412.93, a significant decline of 107.36% compared to ¥942,285,046.64 in Q1 2023[4] - Total operating revenue for Q1 2024 was CNY 1,410,503,282.93, a decrease of 17.4% compared to CNY 1,707,422,673.75 in the same period last year[21] - The net profit for Q1 2024 was CNY 350,809,144.16, a decrease of 9.8% compared to CNY 389,218,685.42 in Q1 2023[22] - The total profit for Q1 2024 was CNY 419,698,824.78, down from CNY 456,956,840.42 in the same period last year, reflecting a decline of 8.1%[22] - Operating profit for Q1 2024 was CNY 414,322,596.68, compared to CNY 450,469,090.42 in Q1 2023, indicating a decrease of 8.0%[22] - Total comprehensive income for Q1 2024 was CNY 350,717,870.47, down from CNY 390,073,923.43 in the same quarter last year[23] Cash Flow and Liquidity - The net increase in cash and cash equivalents was -¥922,732,785.94, reflecting a 107.59% decline compared to -¥444,507,404.68 in the same period last year[9] - Cash and cash equivalents decreased to CNY 1,459,803,609.04 from CNY 2,406,467,839.62, showing a liquidity contraction[17] - Cash flow from operating activities showed a net outflow of CNY 69,390,412.93, contrasting with a net inflow of CNY 942,285,046.64 in the previous year[25] - Cash and cash equivalents at the end of Q1 2024 were CNY 1,405,471,961.61, down from CNY 4,031,347,429.68 at the end of Q1 2023[26] - Investment activities resulted in a net cash outflow of CNY 673,654,761.13 in Q1 2024, compared to a smaller outflow of CNY 48,786,831.94 in the previous year[25] - Financing activities led to a net cash outflow of CNY 180,880,990.62 in Q1 2024, an improvement from a larger outflow of CNY 1,337,883,839.27 in Q1 2023[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥47,102,286,939.49, a slight decrease of 0.21% from ¥47,203,767,303.29[5] - Total liabilities decreased to CNY 23,712,793,001.93 from CNY 24,206,019,542.85, indicating improved financial leverage[19] - The company's equity attributable to shareholders increased to CNY 23,334,004,612.21 from CNY 22,957,388,696.47, showing growth in shareholder value[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 190,007[10] - The company reported a total of 940,183,123 shares held by China Energy Conservation and Environmental Protection Group, representing a significant portion of the total shares[11] - The company has a total of 54,706,408 shares held by shareholder Su Yunjian, who is involved in margin trading[11] - The company reported a new addition of 2,355,300 shares held by Agricultural Bank of China, representing 0.06% of the total share capital[13] - The company’s major shareholders include China Energy Conservation Group and CITIC Securities, among others, with significant holdings[11] - The company’s total shares held by the top 10 shareholders account for a substantial percentage of the total share capital[12] Operational Adjustments - The company experienced a 22.21% decrease in operating costs, which amounted to ¥790,702,052.90 compared to ¥1,016,409,574.07 in the previous year[9] - Research and development expenses increased to CNY 22,430,914.41 from CNY 19,564,834.10, indicating a focus on innovation[21] - The company adjusted the number of stock options granted under the 2020 stock option incentive plan from 18,035,950 to 17,706,853[14] - The company has adjusted the number of eligible participants for the second exercise period of the stock option incentive plan from 124 to 121[14] - The company has reduced the planned investment amount for the 300MW photovoltaic project from RMB 49,000,000 to 0[14] Management Changes - The company's board of directors received a resignation from Deputy General Manager Yang Zhongxu due to organizational adjustments[14]