安泰科技(000969) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the current period is CNY 1,891,071,654.17, a decrease of 10.27% compared to the same period last year[13] - The net profit attributable to shareholders of the listed company is CNY 78,651,419.60, an increase of 2.46% year-on-year[13] - The net cash flow from operating activities is CNY -301,451,922.05, representing a decline of 38.00% compared to the previous year[13] - The total comprehensive income attributable to the parent company was 73,464,529.85, compared to 76,823,628.65 in the previous period, indicating a decrease of about 4.88%[42] - The basic earnings per share increased to 0.0767 from 0.0748, representing a growth of approximately 2.54%[42] - The operating profit was 113,744,329.61, an increase from 102,531,459.53, reflecting a growth of approximately 11.83%[41] - The total profit amounted to 113,813,247.26, up from 101,814,160.39, indicating an increase of about 11.67%[41] Assets and Liabilities - Total assets at the end of the reporting period amount to CNY 11,184,627,456.84, a decrease of 1.63% from the end of the previous year[13] - Non-current liabilities decreased from ¥4,699,342,820.81 to ¥4,631,163,680.53, a reduction of about 1.45%[38] - The total equity attributable to shareholders increased from ¥5,123,883,927.15 to ¥5,263,549,846.02, reflecting a growth of approximately 2.73%[39] - The company's cash and cash equivalents decreased from ¥3,775,532,948.05 to ¥3,875,508,780.09, indicating a decline of about 2.00%[38] - The total current liabilities decreased from ¥3,875,508,780.09 to ¥3,775,532,948.05, a decline of approximately 2.58%[38] - The total liabilities to total assets ratio improved slightly from 41.3% to 41.4%[39] Cash Flow - The net cash flow from operating activities was -301,451,922.05, worsening from -218,444,658.99 in the previous period[42] - The cash flow from investing activities showed a net outflow of -211,342,439.59, compared to -42,839,034.10 previously, indicating increased investment activity[43] - The cash flow from financing activities resulted in a net inflow of 21,950,273.23, a turnaround from a net outflow of -21,398,852.64 in the previous period[43] Shareholder Information - The total number of common shareholders at the end of the reporting period was 69,792[46] - The largest shareholder, China Steel Research Group Corporation, holds 34.68% of the shares, totaling 364,366,724 shares[46] Investments and Projects - The company has initiated a project for high-throughput membrane industrialization using its own funds, which is currently underway[22] - The company is in the process of transferring 14% equity of a subsidiary, with the transfer payment already received and the registration process ongoing[6] - The company is actively pursuing the liquidation of a subsidiary, with the court accepting the bankruptcy application as of August 17, 2023[6] - The company is currently constructing a new production line with an annual capacity of 9,000 tons, which was approved on August 23, 2023[50] Income and Expenses - The company reported a significant increase in other income, which rose by 1707.01% to CNY 34,525,921.14 due to increased input VAT credits[31] - The financial expenses have decreased significantly by 272.25%, resulting in a net financial income of CNY -5,083,657.33[31] - The company reported a credit impairment loss of -6,192,275.67, compared to -4,011,793.53 in the previous period, indicating a deterioration in credit quality[41] - Research and development expenses for the first quarter of 2024 were CNY 116,346,522.59, compared to CNY 113,828,486.03 in the previous year, reflecting an increase of 2.2%[54] - The company reported a net investment loss of CNY 250,357.90 for the first quarter, an improvement from a loss of CNY 2,947,125.17 in the same period last year[54] Quarterly Performance - Total revenue for the first quarter of 2024 was CNY 1,891,071,654.17, a decrease of 10.3% compared to CNY 2,107,515,933.13 in the same period last year[54] - Total operating costs for the first quarter of 2024 were CNY 1,804,955,525.86, down from CNY 1,998,763,540.41, reflecting a reduction of 9.7%[54] - The company's cash and cash equivalents at the end of the reporting period were CNY 2,301,623,973.90, down from CNY 2,842,550,269.40 at the beginning of the period, indicating a decrease of 19.0%[51] - Accounts receivable increased to CNY 1,333,758,801.19 from CNY 965,308,322.96, representing an increase of 38.2%[51] - Inventory at the end of the reporting period was CNY 2,499,361,591.82, slightly up from CNY 2,467,297,953.19, showing an increase of 1.3%[51] Report Details - The first quarter report of Antai Technology Co., Ltd. is unaudited[59] - The report was presented by Chairman Li Junfeng on April 29, 2024[59]