Financial Performance - The company reported a revenue of ¥670,648,160.17 for Q1 2024, representing a 35.03% increase compared to the same period last year[5] - Net profit attributable to shareholders was ¥34,546,140.85, a decrease of 9.21% year-over-year[5] - Basic earnings per share decreased by 10.81% to ¥0.33 compared to the same period last year[5] - Net profit for Q1 2024 was ¥35,958,670.90, a decrease of 8.4% compared to ¥39,434,341.13 in Q1 2023[26] - Earnings per share (EPS) for Q1 2024 was ¥0.33, down from ¥0.37 in the previous year[27] - The total comprehensive income for Q1 2024 was ¥35,958,670.90, down from ¥39,434,341.13 in Q1 2023[26] Cash Flow - The net cash flow from operating activities was -¥355,586,522.08, reflecting a significant decline of 1,224.25% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥355,586,522.08, contrasting with a net inflow of ¥31,628,830.36 in Q1 2023[28] - The net cash flow from investment activities was -35,288,540.67 CNY, compared to -108,591,547.98 CNY in the previous period, indicating a significant reduction in cash outflow[29] - The total cash inflow from financing activities was 225,142,500.00 CNY, up from 102,634,000.00 CNY in the previous period, reflecting increased financing efforts[29] - The net cash flow from financing activities was 55,767,047.55 CNY, compared to 71,038,699.11 CNY in the previous period, showing a decrease in net cash generated[29] - The company reported a net decrease in cash and cash equivalents of -333,863,638.93 CNY, compared to -8,361,880.57 CNY in the previous period, indicating a significant cash outflow[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,452,123,741.21, an increase of 13.63% from the end of the previous year[5] - The company's total assets increased to ¥4,452,123,741.21, compared to ¥3,918,129,226.64 at the end of the previous period[24] - The total current liabilities increased to RMB 2,389,927,265.28, up from RMB 1,858,789,122.69, indicating a rise of approximately 28.5%[22] - The company’s total liabilities reached RMB 2,566,342,322.93, up from RMB 2,039,592,510.93, indicating an increase of approximately 26%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,427, with no preferred shareholders[14] - The largest shareholder, Chen Yongfu, holds 30.81% of the shares, totaling 32,000,000 shares[15] Operational Metrics - The total service container volume across all business segments was 50,700 TEU, with cross-border chemical logistics contributing 33,100 TEU[9] - Operating revenue for Q1 2024 reached ¥670,648,160.17, a 35.03% increase compared to ¥496,678,872.11 in the same period last year[12] - Operating costs increased by 42.42% to ¥586,123,236.71 from ¥411,557,933.67, primarily due to business growth[12] - Contract liabilities increased by 137.96% to ¥265,463,489.91 from ¥111,557,098.78, reflecting higher advance payments due to business growth[12] Investment and Expenses - Investment income surged by 2060.86% to ¥1,985,538.49 from a loss of ¥101,258.57, attributed to growth in joint venture businesses[12] - Research and development expenses grew by 39.48% to ¥1,571,477.38 from ¥1,126,628.83, indicating increased investment in R&D[12] - The company reported a significant decrease in financial expenses, which turned from ¥5,384,905.20 to a gain of ¥364,847.37, mainly due to exchange rate fluctuations[12] - Other income increased by 1407.20% to ¥422,367.80 from ¥28,023.26, driven by a rise in non-operating income[12] Accounting and Reporting Changes - The company adjusted its revenue recognition method for certain trade activities from gross to net, impacting previously reported figures[8] - The company is implementing new accounting standards starting in 2024, which may affect future financial reporting[30] - The company did not undergo an audit for the first quarter report, as indicated in the financial statements[30] Share Repurchase - The company repurchased 1,393,700 shares at a total cost of ¥34,974,965.67 as of March 31, 2024[9] - The company plans to repurchase shares with a total fund of no less than RMB 50 million and no more than RMB 100 million, with a maximum repurchase price of RMB 44.53 per share[18]
永泰运(001228) - 2024 Q1 - 季度财报