汉马科技(600375) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥917,380,821.20, representing a year-on-year increase of 49.52%[5] - The net profit attributable to shareholders was -¥65,709,917.39, indicating a significant loss compared to the previous period[5] - The basic and diluted earnings per share were both -¥0.10, reflecting the company's current financial challenges[5] - Net loss for Q1 2024 was ¥73,781,373.19, compared to a net loss of ¥46,596,007.51 in Q1 2023, reflecting a deterioration in financial performance[27] - Basic and diluted earnings per share for Q1 2024 were both -¥0.10, compared to -¥0.07 in Q1 2023[28] Cash Flow - The net cash flow from operating activities was ¥40,082,887.32, reflecting an increase due to higher cash receipts from sales[5] - Cash flow from operating activities in Q1 2024 was ¥705,952,850.95, a substantial increase from ¥243,845,411.14 in Q1 2023[30] - The net cash flow from operating activities was 40,082,887.32, compared to a negative cash flow of -228,443,767.84 in the previous period[31] - The net cash flow from investing activities was 42,537,025.08, an improvement from -16,553,237.29 in the prior period[32] - Total cash and cash equivalents at the end of the period reached 307,591,423.75, up from 273,219,393.48 at the beginning of the period[32] - Cash inflow from financing activities totaled 839,215,338.50, while cash outflow was 800,699,179.70, resulting in a net cash flow of 38,516,158.80[32] - The company received 345,000,000.00 in cash from borrowings during the financing activities[32] - Cash received from other financing activities amounted to 475,015,338.50, compared to 355,824,111.62 in the previous period[32] - The company reported cash outflows for the payment of dividends and interest totaling 12,593,583.30[32] - The cash inflow from the disposal of fixed assets was 48,741,000.00, significantly higher than 13,599.18 in the previous period[31] - The company made cash payments for the purchase of fixed assets totaling 8,645,572.40, down from 20,130,352.91 in the prior period[31] - The net increase in cash and cash equivalents for the period was 121,215,420.53, compared to a decrease of -26,202,444.28 in the previous period[32] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥7,494,808,554.64, down 5.72% from the end of the previous year[6] - As of March 31, 2024, the company's total current assets amounted to RMB 4,025,832,335.73, a decrease from RMB 4,417,523,953.89 in the previous period[21] - The company's cash and cash equivalents decreased from RMB 1,162,094,394.62 to RMB 983,603,913.88[21] - Accounts receivable decreased from RMB 1,768,153,007.34 to RMB 1,704,920,800.72, indicating a reduction in outstanding payments[21] - The company's fixed assets decreased from RMB 2,010,070,635.68 to RMB 1,955,876,405.80, reflecting a decline in long-term investments[21] - Total assets decreased to ¥7,494,808,554.64 in Q1 2024 from ¥7,949,173,214.32 in Q1 2023, indicating a reduction in asset base[23] - Total liabilities decreased to ¥8,305,858,448.07 in Q1 2024 from ¥8,707,382,618.34 in Q1 2023, showing a reduction in financial obligations[23] - The company's equity attributable to shareholders was -¥876,260,593.03 in Q1 2024, worsening from -¥814,580,276.71 in Q1 2023[23] Shareholder Information - The company had 42,886 common shareholders at the end of the reporting period[9] - Zhejiang Geely Remote New Energy Commercial Vehicle Group Co., Ltd. held 28.01% of the shares, making it the largest shareholder[9] - The controlling shareholder, Zhejiang Geely Remote New Energy Commercial Vehicle Group, plans to increase its stake in the company by up to 1.98% within 6 months, with a minimum investment of RMB 30 million and a maximum of RMB 60 million[11] - As of April 29, 2024, the controlling shareholder has acquired 3,500,000 shares, representing 0.5349% of the total share capital, with a total investment of RMB 16,075,000, reaching 50% of the minimum investment target[11] Restructuring Efforts - The company and its subsidiaries have initiated a restructuring process due to significant solvency issues, with the court approving pre-restructuring for five subsidiaries[12][14] - A total of 33 entities expressed interest in becoming restructuring investors, including one industrial investor, Geely Commercial Vehicle Group, and 32 financial investors[16] - The company is actively seeking to coordinate and manage the restructuring of its subsidiaries to enhance operational efficiency and financial stability[15] - The court has appointed temporary managers to oversee the restructuring process for the affected subsidiaries, ensuring compliance with legal requirements[17] Research and Development - Research and development expenses increased to ¥41,053,280.67 in Q1 2024, up from ¥31,420,139.04 in Q1 2023, reflecting a focus on innovation[27] Comprehensive Income - Other comprehensive income after tax for Q1 2024 was ¥1,740,883.78, slightly down from ¥1,863,771.13 in Q1 2023[28]