汇金通(603577) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 819,353,705.09, representing a decrease of 5.89% compared to the same period last year[5]. - Total revenue for Q1 2024 was CNY 819,353,705.09, a decrease of 5.9% compared to CNY 870,597,732.65 in Q1 2023[16]. - Total operating costs for Q1 2024 were CNY 798,926,920.80, down 7.5% from CNY 864,084,389.08 in Q1 2023[16]. - Operating profit for Q1 2024 increased to CNY 13,206,640.57, compared to CNY 4,381,933.06 in Q1 2023, representing a significant improvement[16]. - Net profit for Q1 2024 was CNY 10,740,405.15 after tax expenses, compared to CNY 2,971,496.33 in Q1 2023, indicating a strong growth[16]. - The net profit for Q1 2024 was CNY 15,632,125.95, a significant increase from CNY 5,714,876.39 in Q1 2023, representing a growth of approximately 174%[17]. - The net profit attributable to shareholders of the parent company was CNY 14,613,971.03, up from CNY 5,016,808.82, marking a growth of about 192% year-over-year[17]. - Total comprehensive income for Q1 2024 reached CNY 16,380,260.29, compared to CNY 5,589,972.87 in Q1 2023, indicating an increase of approximately 194%[17]. - Basic and diluted earnings per share for Q1 2024 were CNY 0.0431, compared to CNY 0.0148 in Q1 2023, reflecting an increase of about 191%[17]. Cash Flow - The net cash flow from operating activities was negative at CNY -87,117,405.25, indicating a significant cash outflow[5]. - Cash inflows from operating activities totaled CNY 880,823,750.69 in Q1 2024, compared to CNY 728,941,349.24 in Q1 2023, representing a growth of approximately 21%[19]. - Cash outflows from operating activities were CNY 967,941,155.94 in Q1 2024, up from CNY 790,987,437.48 in Q1 2023, indicating an increase of about 22%[20]. - The net cash flow from operating activities was -CNY 87,117,405.25 for Q1 2024, worsening from -CNY 62,046,088.24 in Q1 2023[20]. - Cash and cash equivalents at the end of Q1 2024 were CNY 400,925,361.98, down from CNY 460,688,006.51 at the end of Q1 2023, a decrease of approximately 13%[21]. - The company raised CNY 508,129,577.20 in borrowings during Q1 2024, compared to CNY 807,800,000.00 in Q1 2023, reflecting a decrease of about 37%[21]. - The company reported a net cash outflow from investing activities of -CNY 16,079,788.57 in Q1 2024, an improvement from -CNY 26,316,819.74 in Q1 2023[20]. Shareholder Information - The top shareholder, Hebei Jinxin Steel Group, holds 27.75% of the shares, totaling 94,111,100 shares[8]. - The total number of ordinary shareholders at the end of the reporting period was 18,719[8]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,401,792,640.80, up 3.99% from the end of the previous year[5]. - Accounts receivable as of March 31, 2024, stood at CNY 1,380,301,758.18, slightly up from CNY 1,333,924,445.65 at the end of 2023[11]. - Inventory increased to CNY 1,614,869,224.24 as of March 31, 2024, compared to CNY 1,271,398,772.07 at the end of 2023, reflecting a growth of 26.9%[11]. - Total assets reached CNY 6,401,792,640.80 as of March 31, 2024, up from CNY 6,156,290,482.78 at the end of 2023[12]. - Total liabilities increased to CNY 4,525,294,011.38 as of March 31, 2024, compared to CNY 4,296,172,120.50 at the end of 2023[13]. Research and Development - The company reported a research and development expense of CNY 31,180,471.13 in Q1 2024, up from CNY 22,039,373.36 in Q1 2023, indicating a focus on innovation[16].