冠福股份(002102) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥3,040,918,454.16, representing a year-over-year increase of 2.62% compared to ¥2,963,154,995.55 in the same period last year[4] - Net profit attributable to shareholders decreased by 34.72% to ¥55,760,878.81 from ¥85,422,238.32 in the previous year[4] - The net profit after deducting non-recurring gains and losses fell by 51.84% to ¥32,772,097.77 from ¥68,051,626.79[4] - Net profit for the current period was ¥59,027,269.38, a decrease of 38.7% from ¥96,212,381.99 in the same period last year[19] - Investment income for the current period was ¥10,382,531.31, significantly lower than ¥33,610,112.16 in the previous period[19] - Basic and diluted earnings per share decreased to ¥0.0212 from ¥0.0324 in the previous period[20] Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline of 181.48%, resulting in a net outflow of ¥368,409,517.83 compared to a net outflow of ¥130,883,275.59 in the previous year[4] - The company reported a net cash outflow from operating activities of ¥368,409,517.83, compared to an outflow of ¥130,883,275.59 in the previous period[23] - Cash and cash equivalents at the end of the period totaled ¥74,055,683.89, down from ¥187,129,462.28 at the end of the previous period[23] - The company's cash and cash equivalents decreased to CNY 1,642,570,651.99 from CNY 2,121,372,990.46, reflecting a decline of approximately 22.5%[15] Assets and Liabilities - Total assets decreased by 5.28% to ¥8,666,586,497.83 from ¥9,150,001,974.27 at the end of the previous year[4] - As of March 31, 2024, the company's total assets amounted to CNY 8,666,586,497.83, a decrease from CNY 9,150,001,974.27 at the beginning of the period[16] - Total liabilities decreased to CNY 4,322,582,676.77 from CNY 4,865,451,119.91, a decline of about 11.2%[16] - The company's equity increased to CNY 4,344,003,821.06 from CNY 4,284,550,854.36, showing a growth of approximately 1.4%[17] Operational Metrics - Total operating revenue for the current period reached ¥3,040,918,454.16, an increase of 2.6% compared to ¥2,963,154,995.55 in the previous period[18] - Total operating costs amounted to ¥3,008,398,435.13, up from ¥2,896,874,000.84, reflecting a year-over-year increase of 3.9%[18] - Research and development expenses decreased to ¥15,239,845.62 from ¥17,312,352.76, indicating a reduction of 11.98%[18] Other Income and Expenses - Other income surged by 856.50%, mainly due to an increase in government subsidies received during the period[9] - The company experienced a 47.80% reduction in financial expenses, reflecting lower financing costs[9] - The company incurred financial expenses of ¥5,111,088.29, down from ¥9,791,021.20, marking a decrease of 47.8%[18] - Other income increased to ¥26,274,517.15 from ¥2,746,934.63, showing a substantial growth[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 44,946[10] Legal and Regulatory Matters - The company is facing litigation from 1,033 investors with a total loss amounting to CNY 77,370,024.60 due to previous regulatory penalties[13] - The company has engaged professional legal advisors to mitigate the negative impact of the lawsuits and regulatory penalties[13] Retained Earnings - The company reported a net loss of CNY 333,646,628.23 in retained earnings, an improvement from a loss of CNY 389,407,507.04 at the beginning of the period[17] - The company has maintained its capital reserve at CNY 1,665,833,289.37, unchanged from the previous period[17] Accounting Standards - The first quarter report for 2024 has not been audited[24] - The company is implementing new accounting standards starting in 2024[24]