德力股份(002571) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 366,396,546.55, representing a 23.35% increase compared to CNY 297,037,435.98 in the same period last year[5] - Net profit attributable to shareholders was CNY 5,651,811.00, a significant turnaround from a loss of CNY 41,151,767.91 in the previous year, marking an increase of 113.73%[5] - The net profit after deducting non-recurring gains and losses was CNY 5,400,506.59, compared to a loss of CNY 41,797,308.75 last year, reflecting a 112.92% improvement[5] - Operating profit for Q1 2024 was 61.62 million, a significant increase of 111.68% from a loss of 52.76 million in Q1 2023[20] - Net profit for Q1 2024 was 47.40 million, recovering from a loss of 52.71 million in Q1 2023, marking an increase of 108.99%[20] - The total profit for the first quarter of 2024 reached 5.8758 million CNY, an increase of 58.1574 million CNY or 111.24% compared to the same period last year[21] - The net profit for the first quarter of 2024 was 4.7395 million CNY, reflecting an increase of 57.4447 million CNY or 108.99% year-over-year[21] Cash Flow - The company's cash flow from operating activities was negative at CNY -13,514,646.74, a decline of 183.76% from CNY 16,135,056.53 in the previous year[5] - The net cash flow from operating activities was -13,514,646.74 CNY, compared to 16,135,056.53 CNY in the previous year, indicating a decline in operational cash generation[41] - Cash flow from investment activities showed a net outflow of 45.8215 million CNY, an improvement of 26.4053 million CNY or 36.56% year-over-year[26] - Cash flow from financing activities decreased by 47.9352 million CNY or 86.57%, resulting in a net inflow of 7.4343 million CNY[28] - The cash and cash equivalents at the end of the period were 30.8725 million CNY, down 21.5455 million CNY or 41.10% from the previous year[24] - The company reported a total operating cash inflow of 370,374,498.79 CNY, compared to 288,078,247.94 CNY in the previous year, reflecting a year-over-year increase of approximately 28.6%[41] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 3,168,007,326.15, up 3.08% from CNY 3,073,219,155.62 at the end of the previous year[5] - Total liabilities as of March 31, 2024, amounted to 1,938.35 million, an increase of 4.92% from 1,847.49 million at the end of 2023[14] - The company's total current assets amount to 945,271,960.81 yuan, slightly up from 933,018,967.15 yuan at the beginning of the period[34] - The total liabilities include short-term borrowings of 331,334,212.26 yuan, up from 326,270,529.99 yuan[34] - Total liabilities increased to CNY 1,938,354,006.04 in Q1 2024, compared to CNY 1,847,490,194.06 in Q1 2023, indicating a rise in financial obligations[36] Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,476[30] - The largest shareholder, Shi Weidong, holds 31.68% of shares, totaling 124,159,350 shares, with 49,000,000 shares pledged[30] - Hangzhou Jinjiang Group holds 10.56% of shares, totaling 41,386,450 shares, with 21,886,450 shares pledged[30] Operational Metrics - Cash received from sales and services amounted to 354.6472 million CNY, up 70.178 million CNY or 24.67% from the previous year[23] - Accounts receivable notes decreased by 34.10 million, down 58.79% from the beginning of the period[13] - Prepayments increased by 17.43 million, up 93.19% due to material procurement payments during the reporting period[13] - Inventory increased by CNY 5,380,690.00, an 11.10% rise, indicating potential growth in production or sales activities[12] - The company reported an increase in accounts payable to CNY 613,758,879.21 in Q1 2024, up from CNY 539,790,501.12 in Q1 2023, indicating higher operational activity[36] Expenses - Research and development expenses decreased by 1.64 million, down 33.24% compared to the previous year[19] - Financial expenses decreased significantly by 28.45 million, down 74.84% due to reduced foreign exchange losses from the previous year[19] - The cash outflow for purchasing goods and services increased by 70.4936 million CNY or 35.21% compared to the same period last year[25] - The cash outflow for employee compensation was 62,158,451.63 CNY, up from 48,017,621.58 CNY, representing a rise of approximately 29.5%[41]