*ST西发(000752) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥89,677,463.76, a decrease of 0.70% compared to ¥90,313,222.40 in the same period last year[5] - Net profit attributable to shareholders was ¥777,863.33, a significant increase of 102.74% from a loss of ¥6,827,512.15 in Q1 2023[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥959,299.44, up 104.95% from ¥2,215,133.73 in the previous year[5] - Basic and diluted earnings per share were both ¥0.003, a turnaround from losses of ¥0.03 and ¥0.11 respectively in the same quarter last year, representing an increase of 102.73%[5] - The total profit for the first quarter of 2024 reached ¥11,991,264.36, a significant increase of 129.15% compared to a loss of ¥41,130,653.54 in the same period last year[10] - Net profit for the period was ¥9,518,728.59, representing a 124.38% increase from a net loss of ¥39,036,339.77 in Q1 2023[10] - The total comprehensive income for the period was ¥9,518,728.59, compared to a loss of ¥39,036,339.77 in the previous period[24] Cash Flow - Cash flow from operating activities increased by 68.38% to ¥13,005,591.60, compared to ¥7,723,897.98 in Q1 2023[5] - Operating cash flow net amount increased by 68.38% to ¥13,005,591.60, driven by higher sales revenue[11] - The net cash flow from operating activities was ¥13,005,591.60, an increase from ¥7,723,897.98 in the previous period[26] - Cash inflow from sales of goods and services was ¥97,396,249.25, compared to ¥88,597,784.96 in the previous period[25] - The total cash and cash equivalents at the end of the period were ¥550,014,953.75, up from ¥75,429,163.07 in the previous period[27] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥928,697,372.00, reflecting a slight increase of 0.23% from ¥926,558,573.00 at the end of the previous year[5] - Total liabilities decreased to CNY 369,052,996.77 in Q1 2024 from CNY 376,432,926.36 in Q1 2023[20] - The company reported a decrease in accounts payable from CNY 19,152,257.56 in Q1 2023 to CNY 14,855,544.29 in Q1 2024[20] - Long-term equity investments were CNY 187,726,115.23, down from CNY 189,821,527.71 at the beginning of the quarter[19] - The company’s total equity increased to CNY 559,644,375.23 in Q1 2024 from CNY 550,125,646.64 in Q1 2023[20] Expenses - Management expenses rose by 49.83% to ¥12,697,974.97, attributed to increased bonuses and management costs[9] - Tax expenses increased by 120.21% to ¥800,279.78, compared to ¥363,408.85 in the same period last year, due to lower tax payments in the previous year[9] - Tax expenses rose significantly by 218.06% to ¥2,472,535.77, compared to a tax benefit of -¥2,094,313.77 in the same quarter last year[10] - The company reported a decrease in financial expenses by 101.32%, primarily due to the cessation of interest accrual related to the Wenjin case[10] - The cash outflow for investing activities was ¥7,399,996.28, a decrease from ¥18,672,318.70 in the previous period[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,738, with no preferred shareholders[13] - The top shareholder, Tibet Shengbang Holdings, holds 12.74% of the shares, amounting to 33,613,192 shares[13] - The net profit attributable to the parent company was ¥777,863.33, compared to a net loss of ¥28,440,012.15 in the previous period, indicating a significant improvement[24] - The net profit attributable to minority shareholders was ¥8,740,865.26, up from a loss of ¥10,596,327.62 in the previous period[24] Other Information - The company reported a significant increase in prepayments by 38.45%, totaling ¥5,445,890.41 compared to ¥3,933,531.64 at the end of 2023[9] - The company is involved in ongoing litigation regarding equity transfer disputes, with a court hearing scheduled for April 11, 2024[16]