ZBJT(SZ:000759)2024-04-26 16:28Financial Performance - The company's operating revenue for Q1 2024 was ¥3,260,079,423.91, a decrease of 7.18% compared to the same period last year[3] - The net profit attributable to shareholders was -¥24,512,162.86, representing a decline of 619.18% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 188.72% to -¥15,895,863.68[3] - Basic and diluted earnings per share were both -¥0.036, a drop of 620% compared to the previous year[3] - Net profit for the current period is approximately -¥28.04 million, compared to -¥4.03 million in the previous period, indicating a significant increase in losses[18] - Operating profit for the current period is approximately -¥14.32 million, worsening from -¥0.56 million in the previous period[17] - The company experienced a decrease in sales revenue from goods and services, totaling approximately ¥3.83 billion, down from ¥4.18 billion in the previous period[19] Cash Flow and Assets - The net cash flow from operating activities was ¥352,608,111.40, down 15.03% from the same period last year[3] - Cash flow from operating activities for the current period is approximately ¥352.61 million, down 15.0% from ¥414.97 million in the previous period[19] - Cash flow from investing activities shows a net outflow of approximately -¥55.95 million, compared to -¥10.24 million in the previous period[20] - Cash flow from financing activities results in a net outflow of approximately -¥185.97 million, an improvement from -¥625.41 million in the previous period[20] - The ending cash and cash equivalents balance is approximately ¥1.30 billion, an increase from ¥1.17 billion in the previous period[20] - The company's cash and cash equivalents increased to CNY 1,338,596,628.04 from CNY 1,223,712,534.32, reflecting a growth of approximately 9.4%[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,498,117,517.33, an increase of 0.27% from the end of the previous year[4] - As of March 31, 2024, the company's total assets amounted to CNY 11,498,117,517.33, an increase from CNY 11,466,860,421.84 at the beginning of the period[12] - Accounts receivable rose to CNY 485,928,344.50, up from CNY 384,661,525.05, indicating a growth of about 26.4%[13] - Inventory decreased to CNY 1,497,804,255.07 from CNY 1,552,417,052.81, a decline of approximately 3.5%[13] - Total current liabilities increased to CNY 6,824,691,717.24 from CNY 6,679,337,999.02, representing an increase of about 2.2%[15] - The company reported a total non-current asset value of CNY 7,878,511,963.30, down from CNY 7,997,642,852.19, reflecting a decrease of about 1.5%[14] - The company’s short-term borrowings slightly decreased to CNY 1,263,656,853.32 from CNY 1,268,396,573.40, a reduction of about 0.4%[14] Shareholder Information - The equity attributable to shareholders decreased by 2.01% to ¥2,258,701,805.27[4] - The total equity attributable to shareholders decreased to CNY 2,258,701,805.27 from CNY 2,305,073,874.28, a decline of approximately 2.0%[15] - The total number of ordinary shareholders at the end of the reporting period was 35,755[9] Governance and Strategic Decisions - The company completed the election of the 11th Board of Directors and Supervisory Board, marking a significant governance transition[10] - The company plans to sell a 45% stake in Yonghui Zhongbai to optimize resource allocation and improve asset quality[10] Non-Recurring Items - The company reported a non-recurring loss of -¥8,616,299.18 for the period, primarily due to asset disposal losses and other operating expenses[6] - The company disclosed a correction of prior accounting errors related to employee misconduct in December 2023[4] Operating Costs - Total operating costs for the current period are approximately ¥3.28 billion, down 6.2% from ¥3.49 billion in the previous period[17]