国城矿业(000688) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for the current period reached ¥298,885,225.91, an increase of 5.4% compared to ¥283,630,089.65 in the previous period[2] - Net profit for the current period was ¥1,495,307.37, a significant decrease of 82.1% from ¥8,376,773.30 in the previous period[5] - The total comprehensive income attributable to the parent company's owners was ¥3,251,264.45, down from ¥17,331,855.58, reflecting an 81.2% decline[8] - Basic earnings per share decreased to ¥0.0030 from ¥0.0155, a drop of 80.6%[8] - Investment income for the current period was ¥1,729,092.04, down from ¥7,017,820.72, indicating a decline of 75.5%[2] - The net profit attributable to shareholders decreased by 80.80% to CNY 3,327,689.51 from CNY 17,327,388.36 year-on-year[24] - The weighted average return on equity decreased to 0.11% from 0.61% in the previous year[24] - Net profit decreased by 82.15% to ¥1,495,307.37 primarily due to losses from price changes in products sold[29] Cash Flow and Liquidity - Cash inflow from operating activities totaled ¥304,801,948.97, compared to ¥233,910,504.46 in the previous period, marking an increase of 30.3%[9] - The net cash flow from operating activities improved significantly to CNY 41,151,919.42, a turnaround from a negative cash flow of CNY -43,674,821.12 in the previous year, marking a 194.22% increase[24] - The company reported a net cash outflow from investing activities of CNY -64,796,351.97, an improvement from CNY -144,565,759.30 in the previous year[24] - The net cash outflow from financing activities was CNY -49,967,962.58, compared to a net inflow of CNY 166,386,484.29 in the same period last year[24] - The company's cash and cash equivalents decreased from RMB 215,185,302.87 to RMB 141,717,429.91, a decline of about 34.2%[38] Assets and Liabilities - The company's total liabilities and equity reached ¥8,755,633,916.85, a slight increase from ¥8,751,749,112.81[1] - The total assets at the end of Q1 2024 were CNY 8,755,633,916.85, a slight increase of 0.04% from CNY 8,751,749,112.81 at the end of the previous year[24] - Total non-current assets increased from RMB 8,292,707,490.38 to RMB 8,359,220,791.42, reflecting a growth of about 0.8%[44] - Total liabilities decreased from RMB 5,471,301,979.85 to RMB 5,450,780,878.58, a decrease of approximately 0.4%[46] - Short-term borrowings increased from RMB 200,056,940.25 to RMB 270,349,699.94, an increase of approximately 35%[46] - The total equity attributable to the owners of the parent company increased from RMB 2,940,938,363.46 to RMB 2,967,162,357.11, an increase of about 0.9%[46] Operational Metrics - The company experienced a credit impairment loss of ¥377,171.30, compared to a gain of ¥1,512,486.05 in the previous period[5] - Cash and cash equivalents decreased by 34.14% to ¥141,717,429.91 due to repayment of bank and finance lease borrowings[29] - Accounts receivable decreased by 45.76% to ¥21,266,781.69 as a result of recovering payments from the beginning of the year[29] - Inventory increased by 62.75% to ¥151,156,096.17 due to an increase in finished goods at the end of the period[29] - Other income increased by 244.45% to ¥1,237,473.98 due to an increase in government subsidies received[29] - The company reported a 109.79% increase in selling expenses to ¥1,983,207.68 mainly due to increased advertising and employee compensation[29] Shareholder Information - The company’s total number of ordinary shareholders at the end of the reporting period was 20,652[33] - The largest shareholder, Gansu Jianxin Industrial Group, holds 41.71% of the shares[33]