中岩大地(003001) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥136,731,861.94, a decrease of 3.95% compared to ¥142,349,277.38 in the same period last year[5] - Net profit attributable to shareholders was ¥4,098,423.39, representing a significant increase of 142.46% from a loss of ¥9,652,083.15 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥2,836,981.88, up 128.64% from a loss of ¥9,904,059.62 in the same period last year[5] - The basic earnings per share improved to ¥0.03 from a loss of ¥0.08, marking a 137.50% increase[5] - Total operating revenue for Q1 2024 was CNY 136,731,861.94, a decrease of 3.6% from CNY 142,349,277.38 in Q1 2023[21] - Operating profit for Q1 2024 was CNY 3,805,574.04, a significant improvement from a loss of CNY 12,326,219.95 in Q1 2023[22] - Net profit for Q1 2024 was CNY 3,622,144.70, compared to a net loss of CNY 10,768,100.71 in Q1 2023[22] - The total comprehensive income attributable to the parent company for Q1 2024 was CNY 3,933,606.37, compared to a total comprehensive loss of CNY 9,733,571.66 in Q1 2023[23] - The basic and diluted earnings per share for Q1 2024 were both CNY 0.03, recovering from a loss of CNY 0.08 per share in the previous year[23] Cash Flow and Liquidity - The net cash flow from operating activities improved by 43.99%, reaching -¥67,255,681.49 compared to -¥120,069,727.42 in the previous year[5] - Cash inflows from operating activities totaled CNY 219,673,384.08, an increase from CNY 201,136,537.91 in the previous year[25] - The net cash flow from operating activities was negative at CNY -67,255,681.49, improving from CNY -120,069,727.42 in Q1 2023[25] - Cash and cash equivalents at the end of Q1 2024 were CNY 195,637,383.62, down from CNY 484,404,170.49 at the end of Q1 2023[26] - The net cash flow from investing activities was negative at CNY -46,677,569.11, compared to a positive cash flow of CNY 119,350,779.81 in the same period last year[25] - The net cash flow from financing activities was negative at CNY -25,192,131.51, contrasting with a positive cash flow of CNY 12,198,986.99 in Q1 2023[25] - The company reported a total cash outflow from operating activities of CNY 286,929,065.57, down from CNY 321,206,265.33 in the previous year[25] Assets and Liabilities - The total assets decreased by 7.71% to ¥1,820,489,306.17 from ¥1,972,603,282.14 at the end of the previous year[5] - Accounts receivable decreased to CNY 650,834,644.02 from CNY 710,888,243.07, a decline of 8.5%[19] - Inventory increased to CNY 47,594,114.25 from CNY 40,196,026.25, an increase of 18.3%[19] - Total liabilities decreased to CNY 637,872,918.33 from CNY 780,999,255.43, a reduction of 18.3%[19] - The company reported a decrease in research and development expenses to CNY 7,514,208.83 from CNY 9,290,764.09, a decrease of 19.1%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,487[10] - The largest shareholder, Wang Lijian, holds 27.10% of the shares, totaling 34,504,227 shares[10] Investments and Financial Assistance - The company approved an additional investment of $8 million in its subsidiary, Vietnam Compass, increasing the total planned investment to $10.5 million[12] - The company plans to repurchase shares with a total amount between RMB 15 million and RMB 30 million, at a price not exceeding RMB 24.03 per share[13] - The company has provided financial assistance to its subsidiary, Tianjin Zhongyan Dadi Materials Technology Co., Ltd., with a total limit of RMB 40 million, at an interest rate of 5%[15] Other Financial Metrics - The company received government subsidies amounting to ¥800,000.00, contributing to other income[6] - Investment income increased by 133.74% to ¥601,365.19, attributed to higher returns from financial products[9] - The company reported a significant reduction in financial expenses by 36.08%, totaling ¥366,745.71 due to decreased factoring costs[9] - The company’s cash flow from investing activities showed a negative net amount of -¥46,677,569.11, a decline of 139.11% due to increased purchases of financial products[9] - The company has not undergone an audit for the Q1 2024 report[27]