华西股份(000936) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥647,621,703.01, a decrease of 3.81% compared to ¥673,285,142.37 in the same period last year[4] - Net profit attributable to shareholders increased by 81.06% to ¥40,145,777.19 from ¥22,172,234.53 year-on-year[4] - Basic and diluted earnings per share rose by 66.67% to ¥0.05 from ¥0.03 in the same period last year[4] - The company's net profit margin for Q1 2024 was approximately 2.0%, down from 4.1% in the previous period[17] - The net profit for Q1 2024 was CNY 40,145,777.19, representing a 80.94% increase compared to CNY 22,172,234.53 in Q1 2023[19] - Operating profit increased to CNY 47,769,756.29, up from CNY 26,414,366.90, marking an increase of 80.93% year-over-year[19] - The total comprehensive income for Q1 2024 was CNY 40,695,020.24, compared to CNY 26,165,274.58 in the previous year, reflecting a growth of 55.73%[20] Cash Flow and Liquidity - The net cash flow from operating activities improved by 84.26%, reaching -¥24,562,512.57 compared to -¥156,012,177.82 in the previous year[4] - The company's cash and cash equivalents decreased to CNY 528,579,544.13 from CNY 666,337,136.82, representing a decline of 20.7%[14] - Cash and cash equivalents at the end of the period stood at CNY 381,729,329.95, an increase from CNY 321,474,249.82 year-over-year[22] - Investment activities resulted in a net cash outflow of CNY -44,435,503.13, compared to a net inflow of CNY 15,207,844.94 in Q1 2023[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,467,307,388.51, reflecting a slight increase of 0.17% from ¥6,456,602,837.61 at the end of the previous year[4] - Total assets as of March 31, 2024, were CNY 6,467,307,388.51, slightly up from CNY 6,456,602,837.61 at the beginning of the period[16] - Total liabilities decreased to CNY 1,310,914,307.21 from CNY 1,340,904,776.55, a decline of 2.2%[16] Operational Metrics - Total operating revenue for Q1 2024 was CNY 647,621,703.01, a decrease of 3.9% compared to CNY 673,285,142.37 in the previous period[17] - Total operating costs for Q1 2024 were CNY 634,657,331.77, down 1.7% from CNY 645,725,437.28 in the previous period[17] - The company reported a significant increase in prepayments, which rose to CNY 93,829,331.36 from CNY 35,465,028.18, an increase of 164.5%[14] - Accounts receivable increased by 31.70% compared to the beginning of the year, primarily due to increased sales of chemical fiber exports[7] - Inventory decreased to CNY 307,699,398.94 from CNY 334,634,188.55, a reduction of 8.0%[14] Investment and Financial Gains - The company reported a 329.01% increase in fair value gains compared to the same period last year, attributed to the appreciation of held financial assets[8] - Investment income decreased by 35.51% year-on-year, primarily due to lower gains from the disposal of trading financial assets[8] - The company reported a decrease in financial expenses to CNY 5,070,818.19 from CNY 8,985,727.72, a reduction of 43.3%[19] Other Information - The company's weighted average return on equity increased by 0.34 percentage points to 0.78% from 0.44% year-on-year[4] - The company has not disclosed any new product developments or market expansion strategies in this report[23]