焦作万方(000612) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥1,324,394,764.87, representing a 19.60% increase compared to ¥1,107,331,178.88 in the same period last year[5] - Net profit attributable to shareholders was ¥140,798,597.53, a significant increase of 496.87% from ¥23,589,593.16 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥147,586,725.99, up 551.81% from ¥22,642,494.36 year-on-year[5] - The basic earnings per share rose to ¥0.118, reflecting a 490.00% increase compared to ¥0.020 in the same period last year[5] - Operating profit for Q1 2024 was ¥175,429,107.66, significantly up from ¥3,175,451.38 in the same period last year[23] - The total comprehensive income for Q1 2024 was ¥140,798,597.53, reflecting the strong performance in net profit[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,071,432,515.67, a 2.19% increase from ¥7,898,215,755.99 at the end of the previous year[5] - Total liabilities were CNY 1,933,442,760.98, up from CNY 1,875,014,161.28, reflecting an increase of approximately 3.10%[19] - Total assets reached ¥8,071,432,515.67 in Q1 2024, compared to ¥7,898,215,755.99 in Q1 2023[20] - Total liabilities as of the end of Q1 2024 were ¥2,121,821,253.95, slightly up from ¥2,096,565,048.73 at the end of Q1 2023[20] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥15,882,297.17, a 97.40% improvement from a net outflow of ¥611,157,018.02 in the same period last year[13] - Cash flow from operating activities showed a net outflow of ¥15,882,297.17 in Q1 2024, an improvement from a net outflow of ¥611,157,018.02 in Q1 2023[26] - The net cash flow from investment activities was 123,746,211.00, a decrease from 143,518,247.42 in the previous year[27] - The net cash flow from financing activities was -112,686,373.34, a significant decline from 149,873,202.43 in the previous year[27] - The net increase in cash and cash equivalents was -4,822,459.51, contrasting with a much larger decrease of -317,765,568.17 in the previous year[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 74,408, with the top ten shareholders holding a combined 38.00% of the shares[14] Inventory and Receivables - Accounts receivable increased by 304.85% to ¥69,345,060.46, compared to ¥17,128,633.07 at the end of the previous year[10] - Inventory levels rose by 41.70% to ¥645,176,129.71, up from ¥455,299,776.42 in the previous year[10] - Inventory levels rose to CNY 645,176,129.71 from CNY 455,299,776.42, marking a significant increase of approximately 41.67%[18] - Accounts receivable increased to CNY 69,345,060.46 from CNY 17,128,633.07, representing a growth of about 304.56%[17] Expenses - The company reported a significant increase in management expenses, which rose by 330.15% to ¥48,548,545.04, primarily due to increased performance bonuses[12] - Research and development expenses for Q1 2024 were ¥36,599.85, indicating ongoing investment in innovation[23] - The company reported a decrease in financial expenses, with interest expenses at ¥8,393,883.33 in Q1 2024, down from ¥15,441,429.17 in Q1 2023[23] Accounting Standards - The company did not undergo an audit for the first quarter report[28] - The new accounting standards were first implemented in 2024, affecting the financial statements[29]