同德化工(002360) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥154,612,352.50, a decrease of 13.23% compared to ¥178,181,357.03 in the same period last year[5] - Net profit attributable to shareholders was ¥21,255,857.06, down 18.87% from ¥26,200,020.77 year-on-year[5] - Basic earnings per share decreased by 28.57% to ¥0.05 from ¥0.07 in the same period last year[5] - The total profit for Q1 2024 is CNY 26,196,611.31, down 21.4% from CNY 33,366,282.09 in the same period last year[17] - Operating profit for Q1 2024 is CNY 25,227,217.77, a decline of 22.5% from CNY 32,523,397.31 in Q1 2023[17] - The total comprehensive income for Q1 2024 is CNY 20,204,254.08, compared to CNY 26,967,530.94 in Q1 2023[18] Cash Flow - The net cash flow from operating activities decreased by 61.75% to ¥31,085,125.40, compared to ¥81,269,322.47 in the previous year[5] - Cash flow from operating activities for Q1 2024 is CNY 31,085,125.40, down 61.7% from CNY 81,269,322.47 in Q1 2023[19] - The net cash flow from investment activities was -¥303,521,600, a decrease of 182.50% compared to the previous year, mainly due to increased investments in the Tongde Kechuang project[8] - Cash flow from investing activities shows a net outflow of CNY 303,521,641.26 in Q1 2024, compared to a net outflow of CNY 107,441,702.06 in Q1 2023[19] - The net cash flow from financing activities increased by 1704.91% to ¥355,100,600, attributed to increased borrowings from financial institutions[8] - Cash flow from financing activities for Q1 2024 is a net inflow of CNY 355,100,564.68, compared to a net outflow of CNY 22,125,866.66 in Q1 2023[19] Assets and Liabilities - Total assets increased by 8.84% to ¥4,246,676,964.29 from ¥3,901,687,778.47 at the end of the previous year[5] - Total liabilities increased to ¥2,043,589,734.84, up 18.63% from ¥1,722,649,096.80[14] - The balance of accounts receivable financing at the end of the period was ¥4,890,900, an increase of 377.31% due to increased bill settlements[8] - Accounts receivable rose to ¥184,073,865.46, up 33.51% from ¥137,767,315.80 at the beginning of the period[12] - Non-current assets totaled ¥3,219,943,180.03, an increase of 7.66% from ¥2,990,800,951.99 at the beginning of the period[12] - The company reported a significant increase in short-term borrowings, which rose to ¥452,723,949.92 from ¥446,362,194.12, reflecting a growth of 1.62%[14] Operating Costs and Profitability - The total operating costs for the current period amount to ¥131,781,848.65, down 11.93% from ¥149,632,802.64 in the previous period[15] - The net profit margin has decreased, with operating costs representing 85.19% of total revenue in the current period compared to 83.94% in the previous period[15] - The weighted average return on equity was 0.99%, down from 1.54% in the previous year[5] - Cash and cash equivalents increased to ¥438,691,879.24 from ¥353,903,685.25, reflecting a growth of 23.87%[12] - The company’s retained earnings increased to ¥1,435,596,520.45 from ¥1,414,340,663.39, showing a growth of 1.53%[14]