浙江永强(002489) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥2,273,956,692.16, a decrease of 6.70% compared to ¥2,437,361,482.97 in the same period last year[5] - Net profit attributable to shareholders was ¥257,077,662.79, down 36.64% from ¥405,732,310.02 year-on-year[5] - Basic and diluted earnings per share were both ¥0.12, reflecting a decline of 36.84% compared to ¥0.19 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 2,273,956,692.16, a decrease of 6.7% compared to CNY 2,437,361,482.97 in the same period last year[21] - In Q1 2024, the net profit of Zhejiang Yongqiang Group was CNY 251,968,994.74, a decrease of 37.5% compared to CNY 404,617,932.95 in Q1 2023[22] - The total operating profit was CNY 283,254,441.86, down 39.9% from CNY 470,803,075.60 in the same quarter last year[22] - The company reported a total comprehensive income of CNY 254,577,604.41, down from CNY 623,232,453.38 in Q1 2023, reflecting a decline of 59.1%[23] Cash Flow - The net cash flow from operating activities decreased by 55.22% to ¥533,674,467.75 from ¥1,191,720,023.95 in the previous year[5] - The net cash flow from operating activities decreased by 55.22% to ¥533,674,467.75 compared to the previous period, primarily due to a reduction in cash received from sales[9] - The net cash flow from investing activities improved by 75.49%, amounting to -¥16,754,663.91, attributed to a decrease in cash payments for fixed and intangible asset acquisitions[9] - The net cash flow from financing activities increased by 50.25% to ¥793,627,253.55, mainly due to a reduction in cash payments for debt repayment[9] Assets and Liabilities - Total assets increased by 17.22% to ¥8,225,493,307.59 from ¥7,017,268,642.93 at the end of the previous year[5] - Total liabilities rose to CNY 4,339,841,575.12 from CNY 3,358,743,743.33, an increase of 29.1%[20] - The company's equity attributable to shareholders increased to CNY 3,863,978,173.79 from CNY 3,629,561,300.92, a growth of 6.5%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 86,014[11] - Zhejiang Yongqiang Industrial Co., Ltd. holds 38.06% of the shares, amounting to 825,492,924 shares, with 140,000,000 shares pledged[11] - The top three individual shareholders, Xie Jianyong, Xie Jianping, and Xie Jianqiang, collectively hold 15.74% of the shares[11] - The total number of shares held by the top ten unrestricted shareholders includes 825,492,924 shares held by Zhejiang Yongqiang Industrial Co., Ltd.[12] Operational Changes - The company established a new sales-focused subsidiary with an investment of CNY 1.4 million[16] - The company completed the registration capital reduction and obtained a new business license, indicating ongoing structural adjustments[16] - There were no new significant developments in product or technology research and market expansion strategies mentioned in the report[9] Other Financial Metrics - The company recorded a 724.84% increase in credit impairment losses, totaling -¥40,151,775.39, due to higher provisions for bad debts[8] - Other income increased by 149.54% to ¥2,203,203.67, primarily from government subsidies received during the reporting period[8] - Research and development expenses amounted to CNY 34,310,126.23, a decrease of 9.8% from CNY 37,792,711.85 in the same period last year[22] - The company incurred financial expenses of CNY 14,629,551.00, significantly reduced from CNY 60,918,145.86 in the previous year[22] - The investment income reported was a loss of CNY 365,385.31, contrasting with a gain of CNY 17,975,966.93 in Q1 2023[22]