中国铁物(000927) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 was ¥9,798,215,203.12, a decrease of 8.65% compared to ¥10,726,344,824.95 in the same period last year[20] - Net profit attributable to shareholders was ¥160,459,929.70, down 9.85% from ¥178,291,550.59 year-on-year[21] - Net profit for the period was ¥186,016,970.24, a decrease of 4.4% compared to ¥194,776,396.48 in the previous period[38] - Earnings per share (EPS) decreased to ¥0.0265 from ¥0.0294, reflecting a decline of 9.84%[38] - The weighted average return on net assets decreased to 1.79%, down 0.23 percentage points from 2.10%[21] Cash Flow - Net cash flow from operating activities improved significantly to ¥809,498,154.51, a 829.12% increase compared to -¥83,503,902.51 in the previous year[21] - The net cash flow from operating activities for the current period is ¥809,498,154.51, compared to a negative cash flow of ¥111,023,930.14 in the previous period[39] - Total cash inflow from operating activities decreased to ¥13,081,455,259.80, down from ¥14,342,026,342.59, representing a decline of approximately 8.8%[39] - Cash outflow from operating activities also decreased to ¥12,271,957,105.29 from ¥14,453,050,272.73, a reduction of about 15.2%[39] - The net cash flow from investing activities is ¥27,586,461.05, recovering from a negative cash flow of ¥77,576,501.72 in the previous period[39] - Cash inflow from investing activities totaled ¥170,812,403.49, compared to ¥201,124.00 in the previous period[39] - Cash outflow from investing activities increased to ¥143,225,942.44 from ¥77,777,625.72, indicating a rise of approximately 83.9%[39] - The net cash flow from financing activities is negative at -¥233,760,745.83, compared to a positive cash flow of ¥497,898,601.62 in the previous period[39] - Cash inflow from financing activities decreased significantly to ¥478,344,596.40 from ¥1,643,072,753.17, a drop of about 70.9%[39] - The ending balance of cash and cash equivalents increased to ¥3,381,861,963.00 from ¥2,734,893,982.70, reflecting a growth of approximately 23.7%[39] Assets and Liabilities - Total assets increased by 4.33% to ¥26,065,173,805.30 from ¥24,984,308,979.99 at the end of the previous year[21] - Total liabilities rose to ¥15,904,551,376.88 from ¥15,010,324,769.45, an increase of about 5.93%[36] - Long-term equity investments rose to ¥637,252,130.33 from ¥534,779,714.82, indicating growth in investment activities[9] - Non-current assets totaled ¥4,989,959,869.67, slightly down from ¥5,021,986,999.62, a decrease of approximately 0.64%[36] - The company reported a significant increase in accounts payable, rising to ¥2,433,267,201.20 from ¥1,524,123,740.05, an increase of 59.8%[36] Other Financial Metrics - Research and development expenses decreased to ¥4,860,741.52 from ¥6,804,694.09, reflecting a reduction of 28.61%[14] - The company reported a significant increase in other income, which rose by 112.08% to ¥12,309,675.52, mainly due to government subsidies related to business operations[32] - Investment income improved to ¥343,407.87 from a loss of ¥9,204,192.08, indicating a positive turnaround[38] - Other comprehensive income after tax decreased to -¥23,156.30 from -¥46,312.60, showing an improvement in this area[38] - The company’s long-term borrowings increased to ¥230,000,000.00 from ¥220,000,000.00, reflecting a growth of 4.55%[36] - Deferred tax assets decreased to ¥145,347,463.62 from ¥166,344,870.25, a decline of approximately 12.59%[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 62,584, with the largest shareholder holding 36.60% of the shares[44] Current Assets - The total current assets increased to ¥21,075,213,935.63 from ¥19,962,321,980.37, representing a growth of approximately 5.57%[45] - Cash and cash equivalents rose to ¥5,623,763,486.82 from ¥5,092,233,246.30, marking an increase of about 10.43%[45] - Accounts receivable decreased slightly to ¥7,267,146,202.95 from ¥7,308,774,580.34, a decline of approximately 0.57%[45] - Prepayments increased significantly to ¥2,048,993,535.80 from ¥1,390,007,462.07, reflecting a growth of around 47.5%[45] - Inventory decreased to ¥2,343,232,982.72 from ¥2,470,364,995.82, a reduction of about 5.14%[45] - Other receivables decreased to ¥446,719,995.24 from ¥502,476,310.43, a decline of approximately 11.1%[45] Compliance and Reporting - The company has not undergone an audit for the first quarter report[52] - The report indicates the implementation of new accounting standards starting in 2024[52] - The company is focused on enhancing its financial reporting and compliance with new regulations[52] - The board of directors presented the first quarter report on April 30, 2024[53]