海汽集团(603069) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 244,496,750.76, representing a year-on-year increase of 27.63%[5] - The net profit attributable to shareholders was a loss of CNY 9,067,538.56, which is a decline of 71.51% compared to the same period last year[5] - Basic and diluted earnings per share were both CNY -0.03, reflecting a decrease of 70.00% year-on-year[5] - Total operating revenue for Q1 2024 reached RMB 244,496,750.76, a 27.6% increase from RMB 191,566,507.13 in Q1 2023[20] - Total operating costs increased to RMB 254,246,795.31 in Q1 2024, up 12.6% from RMB 225,712,913.73 in Q1 2023[20] - Net profit for Q1 2024 was a loss of RMB 9,158,985.02, an improvement from a loss of RMB 31,645,684.54 in Q1 2023[21] - The company reported a total profit loss of RMB 7,823,238.75 for Q1 2024, compared to a loss of RMB 30,595,468.41 in Q1 2023[21] - The company reported a decrease in comprehensive income, with a total of RMB -9,158,985.02 for Q1 2024, compared to RMB -31,645,684.54 in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities increased by 156.47%, amounting to CNY 6,209,318.23, primarily due to increased cash receipts from sales of goods and services[5][9] - Operating cash flow for Q1 2024 was RMB 6,209,318.23, a significant recovery from a negative cash flow of RMB -10,996,072.79 in Q1 2023[23] - Cash and cash equivalents at the end of Q1 2024 totaled RMB 237,957,820.25, compared to RMB 154,522,653.76 at the end of Q1 2023[24] - The company's cash and cash equivalents were RMB 286,924,039.35, compared to RMB 333,256,350.75 at the end of 2023, representing a decline of approximately 13.8%[15] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,547,851,768.32, a decrease of 1.51% from the end of the previous year[6] - As of March 31, 2024, the company's total assets amounted to RMB 2,547,851,768.32, a decrease from RMB 2,586,852,581.79 as of December 31, 2023, reflecting a decline of approximately 1.3%[15] - The company's current assets totaled RMB 859,973,544.48, down from RMB 882,769,773.72, indicating a decrease of about 2.9%[15] - The total liabilities of the company were RMB 1,639,364,572.86, down from RMB 1,668,998,698.98, reflecting a decrease of approximately 1.8%[17] - The company's equity attributable to shareholders was RMB 899,600,400.98, a decrease from RMB 908,866,304.49, indicating a decline of about 1.4%[17] - The company reported a total non-current asset value of RMB 1,687,878,223.84, slightly down from RMB 1,704,082,808.07, reflecting a decrease of approximately 0.9%[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,942[12] - The largest shareholder, Hainan Haikou Investment Holding Co., Ltd., holds 42.50% of the shares[12] Expenses - The company reported a significant increase in sales expenses by 35.38% due to higher sales revenue[10] - Research and development expenses for Q1 2024 were RMB 289,657.81, indicating ongoing investment in innovation[20] - The company incurred financial expenses of RMB 3,763,729.18 in Q1 2024, up from RMB 2,812,853.92 in Q1 2023[20] Inventory and Receivables - Accounts receivable increased to RMB 205,188,339.83 from RMB 186,515,370.12, marking an increase of about 10%[15] - The company's inventory increased to RMB 50,397,205.55 from RMB 46,139,334.59, representing an increase of about 7.8%[15] Borrowings - Short-term borrowings decreased by 78.85% as a result of repayment during the reporting period[9] - Short-term borrowings decreased significantly to RMB 1,311,500.00 from RMB 6,200,476.61, a reduction of approximately 78.8%[16]