鹏辉能源(300438) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 was CNY 1,597,013,711.20, a decrease of 36.00% compared to the same period last year[6] - Net profit attributable to shareholders was CNY 16,356,922.23, down 91.04% year-over-year[6] - Basic and diluted earnings per share were CNY 0.0325, a decrease of 92.26% from CNY 0.4200 in the same quarter last year[6] - Total profit decreased to 3,645,638.91, compared to 232,821,240.00 in the previous year[33] - Net profit for the period was 9,520,316.13, down from 212,430,570.71 in the same period last year[33] - The total comprehensive income for the current period is ¥9,561,681.20, a significant drop from ¥212,672,643.76 in the previous period[53] Cash Flow - Net cash flow from operating activities was negative CNY 90,502,319.07, a decline of 592.32% compared to the previous year[6] - Cash received from sales of goods and services is ¥1,181,752,035.65, down from ¥1,392,516,738.44, reflecting a decrease of 15.1%[53] - The net cash flow from operating activities was -$90.50 million, a significant decrease compared to $18.38 million in the previous period, indicating a decline in operational efficiency[55] - The company reported a total cash outflow from operating activities of $1.41 billion, slightly lower than $1.49 billion in the previous period, indicating a stable operational cash outflow[55] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,894,711,354.67, an increase of 1.44% from the end of the previous year[6] - Total liabilities amount to ¥10,295,790,819.12, an increase from ¥10,051,626,369.55, representing a rise of 2.4%[50] - Total equity attributable to shareholders of the parent company is ¥5,390,809,525.92, slightly down from ¥5,402,128,970.94, a decrease of 0.2%[50] - The total liabilities and equity amount to ¥15,894,711,354.67, compared to ¥15,668,702,956.22 in the previous period, an increase of 1.4%[50] Investment Activities - Cash flow from investing activities increased by 34.85%, mainly due to a reduction in payments for project equipment[10] - The net cash flow from investment activities was -$307.53 million, an improvement from -$472.01 million, suggesting better management of investment expenditures[55] - Cash paid for investments was $326.70 million, a substantial increase from $13.56 million, reflecting aggressive investment strategies[55] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 80,987[11] - The company has initiated a share repurchase program as part of its strategic initiatives[46] Operational Efficiency - Cash flow from operating activities decreased by 592.32% compared to the same period last year, mainly due to a reduction in received payments[22] - Credit impairment losses decreased by 1092.01%, primarily due to the reversal of bad debts from accounts receivable[39] - R&D expenses decreased by 38.29%, mainly due to a decline in the price of R&D materials[22] Market Strategy - The company plans to continue expanding its market presence and invest in new product development[45]