抚顺特钢(600399) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,071,424,997.25, representing a year-on-year increase of 3.13%[13] - The net profit attributable to shareholders for Q1 2024 was CNY 114,548,291.12, showing a significant increase of 90.21% compared to the same period last year[13] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 106,131,845.05, which is an increase of 166.13% year-on-year[13] - The basic earnings per share for Q1 2024 was CNY 0.0581, reflecting a 90.49% increase compared to the previous year[13] - The weighted average return on net assets was 1.77%, an increase of 0.78 percentage points year-on-year[13] - Total operating revenue for Q1 2024 reached ¥2,071,424,997.25, an increase of 3.4% compared to ¥2,008,580,081.26 in Q1 2023[25] - Net profit for Q1 2024 was ¥114,548,291.12, a significant increase of 90.2% compared to ¥60,222,965.85 in Q1 2023[26] - Operating profit for Q1 2024 was ¥111,433,648.60, compared to ¥52,298,316.30 in Q1 2023, marking a growth of 112.5%[25] - The company reported a total profit of ¥111,671,399.77 for Q1 2024, compared to ¥59,297,965.81 in Q1 2023, an increase of 88.5%[25] - Basic earnings per share for Q1 2024 were ¥0.0581, up from ¥0.0305 in Q1 2023, representing an increase of 90.5%[26] Cash Flow and Liquidity - Cash flow from operating activities for Q1 2024 was negative at CNY -391,331,869.01, with no applicable year-on-year comparison[13] - The company reported a significant reduction in employee compensation liabilities, which fell to ¥1,432,108.04 from ¥27,715,173.93[39] - Net cash flow from operating activities was -391,331,869.01, an improvement from -686,998,333.63 in the previous period, indicating a 43% reduction in cash outflow[52] - Total cash inflow from investment activities was 270,848,804.75, compared to 202,755,400.00 in the previous period, representing a 33.6% increase[52] - Cash outflow from investment activities was 84,158,087.39, down from 110,623,166.03, showing a 24% decrease[52] - Net cash flow from financing activities was -46,996,522.65, worsening from -18,820,869.54 in the previous period[52] - The ending balance of cash and cash equivalents was 323,601,894.36, down from 428,707,825.97, reflecting a 24.5% decrease[52] - Cash received from operating activities totaled 1,678,726,122.14, up from 1,213,390,938.58, marking a 38.3% increase[52] - Cash paid for goods and services was 1,670,876,076.89, compared to 1,511,573,131.23, indicating a 10.6% increase[52] - Cash paid to employees was 291,425,296.04, slightly up from 270,068,457.11, showing a 7.9% increase[52] - The net increase in cash and cash equivalents was -251,216,668.90, an improvement from -614,746,848.40 in the previous period[52] Assets and Liabilities - The company's cash and cash equivalents decreased from CNY 794,666,034.25 at the end of 2023 to CNY 418,705,071.90 by March 31, 2024[2] - Accounts receivable increased from CNY 560,717,706.79 at the end of 2023 to CNY 601,192,213.45 by March 31, 2024[2] - Inventory as of March 31, 2024, was CNY 2,869,716,976.32, up from CNY 2,684,599,246.99 at the end of 2023[2] - Total liabilities decreased to ¥5,738,925,099.47 in Q1 2024 from ¥5,972,963,624.67 in Q1 2023, a decline of 3.9%[24] - The total equity attributable to shareholders increased to ¥6,532,533,426.11 in Q1 2024 from ¥6,417,924,859.68 in Q1 2023, an increase of 1.8%[24] - Total assets at the end of the reporting period were ¥12,271,458,525.58, a decrease of 0.96% compared to the end of the previous year[31] - Current assets amounted to ¥6,042,170,361.39, down from ¥6,149,277,382.59 in the previous year[39] - Fixed assets decreased to ¥4,472,163,728.51 from ¥4,586,271,447.92, indicating a decline in capital investment[39] - The total liabilities included accounts payable of ¥1,262,874,164.31, down from ¥1,315,488,662.52[39] - The deferred income tax liabilities decreased to ¥70,839,166.80 in Q1 2024 from ¥73,733,539.23 in Q1 2023, a decrease of 3.9%[24] Research and Development - Research and development expenses decreased to ¥67,842,740.03 in Q1 2024 from ¥100,567,711.71 in Q1 2023, a reduction of 32.6%[25] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[35] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 85,380, with the largest shareholder holding 16.52% of the shares[34] - The company has engaged in strategic partnerships, as indicated by the presence of various institutional investors among the top shareholders[34] Non-Recurring Gains and Losses - Non-recurring gains and losses totaled ¥8,416,446.07, with government subsidies contributing ¥3,167,233.74 and other operating income of ¥4,371,237.37[31]