大元泵业(603757) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 276,803,997.31, representing a decrease of 23.51% compared to the same period last year[5] - The net profit attributable to shareholders was CNY 40,827,155.86, down 32.23% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 33.35% to CNY 38,856,670.16[5] - Basic earnings per share were CNY 0.25, down 30.56% year-on-year, while diluted earnings per share were CNY 0.24, down 31.43%[5] - Total operating revenue for Q1 2024 was ¥276,803,997.31, a decrease of 23.5% compared to ¥361,895,945.29 in Q1 2023[17] - Net profit for Q1 2024 was ¥39,347,388.76, a decline of 34.1% from ¥59,720,340.02 in Q1 2023[18] - Earnings per share for Q1 2024 were ¥0.25, compared to ¥0.36 in Q1 2023, reflecting a decrease of 30.6%[18] Cash Flow - The net cash flow from operating activities was negative at CNY -28,756,889.94, a decline of 124.25% compared to the previous year[5] - In Q1 2024, the net cash flow from operating activities was -$28.76 million, a significant decrease compared to $118.57 million in Q1 2023, reflecting a decline of approximately 124.2%[21] - Total cash inflow from operating activities in Q1 2024 was $256.64 million, down 40% from $426.52 million in Q1 2023[21] - Cash outflow from operating activities increased to $285.40 million in Q1 2024, compared to $307.95 million in Q1 2023, indicating a decrease of about 7.3%[21] - The total cash inflow from other operating activities was $9.58 million in Q1 2024, compared to $8.96 million in Q1 2023, reflecting an increase of about 6.9%[21] - The company reported a cash inflow of $9.84 million from tax refunds in Q1 2024, slightly up from $8.58 million in Q1 2023[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,621,492,999.48, a decrease of 0.73% from the end of the previous year[6] - The company's current assets decreased to CNY 1,663,485,837.35 from CNY 1,714,678,024.35, reflecting a decline of approximately 2.98%[12] - Total liabilities decreased to CNY 1,663,485,837.35 from CNY 1,714,678,024.35, indicating a reduction of approximately 2.98%[12] - Total liabilities as of Q1 2024 amounted to ¥906,620,596.32, down from ¥951,528,859.68 in the previous year[14] - Total equity increased to ¥1,714,872,403.16 in Q1 2024, compared to ¥1,689,193,095.18 in Q1 2023, marking a growth of 1.5%[14] Non-Recurring Items - Non-recurring gains and losses for the period amounted to CNY 1,970,485.70, primarily influenced by government subsidies and other factors[8] Research and Development - Research and development expenses for Q1 2024 were ¥20,447,128.31, up from ¥19,339,944.52 in Q1 2023, indicating a 5.7% increase[17] Future Outlook - The company plans to enhance market expansion strategies and invest in new product development to drive future growth[19]