同益股份(300538) - 2024 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2024 was CNY 556.50 million, representing a 2.98% increase compared to CNY 540.40 million in the same period last year[3] - Net profit attributable to shareholders decreased by 33.72% to CNY 3.45 million from CNY 5.20 million year-on-year[3] - Total operating revenue for Q1 2024 was CNY 556.50 million, an increase of 2.04% compared to CNY 540.40 million in Q1 2023[24] - Net profit for Q1 2024 was CNY 3.93 million, a decrease of 33.73% from CNY 5.93 million in Q1 2023[25] - Basic and diluted earnings per share for Q1 2024 were CNY 0.0189, down from CNY 0.0286 in Q1 2023, a decrease of 33.33%[26] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 72.13 million, a decline of 234.45% compared to a positive CNY 53.65 million in the previous year[10] - The net cash flow from operating activities for Q1 2024 was -72,128,538.20, compared to 53,648,531.76 in Q1 2023, indicating a significant decline in operational performance[29] - Total cash inflow from operating activities was 646,632,865.99, while cash outflow was 718,761,404.19, resulting in a net cash outflow of 72,128,538.20[29] - The company reported a cash and cash equivalents balance of 390,812,249.15 at the end of Q1 2024, down from 499,393,984.94 at the beginning of the quarter[30] - Cash inflow from financing activities amounted to 192,234,197.98, with cash outflow totaling 190,160,604.49, leading to a net cash inflow of 2,073,593.49[30] - The company received 292,988.20 in tax refunds during the quarter, contributing to its cash inflow[29] - The company paid 23,499,124.62 in employee-related cash payments, reflecting an increase from 21,456,109.03 in the previous year[29] - The impact of exchange rate fluctuations on cash and cash equivalents was -797,380.65, indicating a negative effect on cash reserves[30] Assets and Liabilities - Total assets decreased by 5.43% to CNY 2.21 billion from CNY 2.33 billion at the end of the previous year[3] - The company's total assets decreased to CNY 2.21 billion in Q1 2024 from CNY 2.33 billion in Q1 2023, a decline of 5.25%[22] - Total liabilities decreased to CNY 1.12 billion in Q1 2024 from CNY 1.25 billion in Q1 2023, a reduction of 10.36%[22] - The company's goodwill remained stable at CNY 42.11 million in Q1 2024, unchanged from the previous year[21] Investments and Expenses - Research and development expenses increased by 86.85% to CNY 3.96 million, reflecting higher investment in R&D activities[8] - Research and development expenses increased to CNY 3.96 million in Q1 2024, compared to CNY 2.12 million in Q1 2023, marking an increase of 86.73%[25] - The company reported a decrease in other income by 66.96% to CNY 990.38 thousand, primarily due to a decline in government subsidies received[8] - The company reported a significant increase in trading financial assets, up 5395.43% to CNY 16.40 million due to the purchase of bank wealth management products[5] Inventory and Receivables - The company experienced a 32.52% increase in inventory, reaching CNY 190.27 million, attributed to increased stockpiling[5] - Inventory increased to CNY 190,273,425.12 from CNY 143,581,147.28, marking an increase of about 32.5%[20] - Accounts receivable decreased to CNY 481,095,585.86 from CNY 644,936,117.19, reflecting a decrease of approximately 25.4%[20] Shareholder Actions - The company plans to use CNY 1,500 million to CNY 2,000 million for share repurchase, with a maximum repurchase price of CNY 15.00 per share[18] - The total number of restricted shares at the end of the period was 67,027,131, with no new restricted shares added during the quarter[16] - The company has approved the use of CNY 300 million of idle raised funds to temporarily supplement working capital, with a repayment period of 12 months[17] Fixed and Intangible Assets - The company reported a decrease in long-term equity investments to CNY 59,714,739.48 from CNY 60,051,541.17, a decline of about 0.6%[20] - The company’s fixed assets decreased to CNY 49,277,259.24 from CNY 51,288,253.53, a decrease of approximately 3.9%[20] - The company’s intangible assets decreased to CNY 62,863,278.50 from CNY 65,144,303.67, reflecting a decline of about 3.5%[20] Audit Status - The company has not yet audited its Q1 2024 report, which may affect the reliability of the financial data presented[31]