中南股份(000717) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥8,049,681,151.74, a decrease of 11.31% compared to ¥9,076,690,055.28 in the same period last year[3] - The net profit attributable to shareholders was -¥309,050,388.53, representing a decline of 5,283.52% from a profit of ¥5,962,174.39 in the previous year[3] - The basic and diluted earnings per share were both -¥0.1275, a decrease of 5,200.00% compared to ¥0.0025 in the same period last year[3] - Total operating revenue for Q1 2024 was CNY 8,049,681,151.74, a decrease of 11.3% compared to CNY 9,076,690,055.28 in Q1 2023[18] - Net loss for Q1 2024 amounted to CNY 309,050,388.53, compared to a net profit of CNY 5,962,174.39 in Q1 2023[19] Cash Flow - The net cash flow from operating activities was ¥78,570,805.03, down 92.72% from ¥1,078,906,834.23 in Q1 2023[8] - Total cash inflow from operating activities was ¥7.84 billion, while cash outflow was ¥7.76 billion, resulting in a net cash inflow of ¥78.57 million[22] - The net cash flow from investing activities was -¥476.61 million, slightly improved from -¥485.51 million in the same period last year[22] - Cash inflow from financing activities was ¥801.09 million, compared to ¥1.09 billion in Q1 2023, indicating a decrease of approximately 26.5%[22] - The net cash flow from financing activities was ¥375.40 million, an increase from ¥254.91 million in Q1 2023, representing a growth of about 47.3%[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥20,869,688,276.51, a decrease of 1.82% from ¥21,256,334,372.11 at the end of the previous year[3] - Total liabilities decreased to CNY 12,065,546,152.99 from CNY 12,143,141,860.06 in the previous year[17] - The company's total equity attributable to shareholders decreased by 3.39% to ¥8,804,142,123.52 from ¥9,113,192,512.05 at the end of the previous year[3] Inventory and Expenses - The company’s inventory decreased by 5.58% to ¥2,102,175,930.98, primarily due to a reduction in raw materials[7] - Total operating costs for Q1 2024 were CNY 8,442,000,110.26, down 6.7% from CNY 9,048,819,076.72 in the previous year[18] - The company reported a significant increase in financial expenses, which rose by 363.13% to ¥24,216,329.69 due to increased exchange losses[7] - Research and development expenses for Q1 2024 were CNY 105,450,389.68, slightly down from CNY 109,364,101.30 in Q1 2023[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 92,998[10] - The largest shareholder, Baowu Group Central South Steel Co., Ltd., holds 52.95% of the shares, totaling 1,283,512,890 shares[11] - The total number of preferred shareholders at the end of the reporting period is 0[10] - The company has no related party transactions with the largest shareholder, Baowu Group Central South Steel Co., Ltd.[12] Strategic Focus - The company is focused on maintaining its market position and exploring new strategies for growth and expansion[14]