龙溪股份(600592) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 546,936,730.12, representing a year-on-year increase of 12.14%[4] - The net profit attributable to shareholders decreased by 48.69% to CNY 35,244,872.72 compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 10.86% to CNY 48,049,949.55[4] - The company's profit margin was significantly impacted by fair value changes of held stocks, with a total profit decrease of 50.55% or CNY 39,360,000[7] - The net profit attributable to shareholders for Q1 2024 was CNY 35.24 million, with a total profit of CNY 62.02 million after excluding the impact of fair value changes on trading financial assets, which reduced profits by CNY 23.54 million[11] - Total operating revenue for Q1 2024 reached ¥546,936,730.12, an increase from ¥487,738,047.19 in Q1 2023, representing a growth of approximately 12%[19] - Net profit for Q1 2024 was ¥34,313,568.70, a decrease from ¥66,963,509.62 in Q1 2023, reflecting a decline of approximately 49%[19] - The company's total profit for Q1 2024 was ¥38,485,291.14, down from ¥77,840,859.08 in Q1 2023, reflecting a decrease of approximately 51%[19] - Net profit for Q1 2024 was ¥43,128,040.81, down 44.8% from ¥77,968,047.03 in Q1 2023[28] - Total comprehensive income for Q1 2024 was ¥34,313,621.67, compared to ¥66,960,578.28 in Q1 2023, indicating a decline of about 49%[20] Cash Flow - The net cash flow from operating activities was negative at CNY -52,353,861.44, a decrease of 12.00% year-on-year[4] - Cash flow from operating activities showed a net outflow of ¥52,353,861.44 in Q1 2024, compared to a net outflow of ¥46,743,545.36 in Q1 2023[23] - The company reported a significant decrease in investment activity cash flow, with a net outflow of ¥64,583,546.77 in Q1 2024 compared to ¥140,301,042.90 in Q1 2023[23] - The net cash flow from investing activities was -¥59,573,065.98 in Q1 2024, an improvement from -¥188,729,550.68 in Q1 2023, showing a significant reduction in cash outflow[31] - The net cash flow from financing activities was -¥5,620,465.24 in Q1 2024, compared to -¥89,327,056.45 in Q1 2023, indicating a substantial improvement in financing cash flow[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,738,301,032.60, an increase of 1.11% from the end of the previous year[5] - As of March 31, 2024, total assets amounted to CNY 3.74 billion, an increase from CNY 3.70 billion at the end of 2023[14] - The total liabilities as of March 31, 2024, were CNY 1.32 billion, slightly up from CNY 1.31 billion at the end of 2023[14] - The company's equity attributable to shareholders rose to CNY 2.44 billion from CNY 2.40 billion, marking an increase of approximately 1.5%[14] - The total assets as of March 31, 2024, amounted to ¥3,624,541,008.35, up from ¥3,569,514,352.61 at the end of 2023[26] - The total liabilities as of March 31, 2024, were ¥1,033,326,434.82, compared to ¥1,021,957,907.88 at the end of 2023[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,335[9] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0882, down from ¥0.1719 in Q1 2023, a decrease of approximately 49%[20] Operational Metrics - Domestic market sales revenue increased by CNY 50,330,000, while export sales rose by CNY 9,610,000 during the reporting period[7] - Research and development expenses increased to ¥28,404,327.14 in Q1 2024 from ¥24,358,027.74 in Q1 2023, marking a rise of about 17%[19] - Research and development expenses increased to ¥30,689,117.11, representing an increase of 10.0% from ¥27,821,554.49 in the same period last year[27] Inventory and Receivables - Accounts receivable increased to CNY 557.13 million from CNY 423.39 million, reflecting a growth of about 31.6%[12] - The inventory value was CNY 490.10 million, showing a decrease from CNY 520.84 million, which is a decline of approximately 5.9%[12] - The company's inventory decreased to ¥367,187,238.74, down 5.4% from ¥388,183,522.80 at the end of 2023[25] Cash and Cash Equivalents - The company's cash and cash equivalents were CNY 283.65 million, down from CNY 390.77 million at the end of 2023, indicating a decrease of approximately 27.4%[12] - Cash and cash equivalents at the end of Q1 2024 were ¥204,968,587.86, down from ¥261,498,581.22 at the end of Q1 2023[23] - The total cash and cash equivalents at the end of Q1 2024 were ¥168,659,292.71, down from ¥183,576,531.50 at the end of Q1 2023[32] - The company's cash and cash equivalents decreased to ¥239,484,792.71 from ¥310,653,482.73 at the end of 2023, a decline of 22.9%[25] - The company’s total cash and cash equivalents decreased by ¥81,105,856.47 in Q1 2024, compared to a decrease of ¥280,213,473.65 in Q1 2023, indicating a reduced cash burn rate[32]