金能科技(603113) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 3,386,503,062.85, representing a decrease of 1.61% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was a loss of CNY 24,312,556.21, showing an improvement of CNY 114,427,955.79 compared to a loss of CNY 138,740,512.00 in the previous year[6][9]. - The basic earnings per share for Q1 2024 was -CNY 0.03, an increase of CNY 0.13 from -CNY 0.16 in the previous year[9]. - The net profit for Q1 2024 was -24,312,556.21 RMB, compared to -138,740,512.00 RMB in Q1 2023, showing an improvement of approximately 82.5% year-over-year[21]. - Operating profit for Q1 2024 was -27,529,588.24 RMB, significantly better than -162,422,713.18 RMB in the same period last year[21]. - The company reported a total comprehensive income of -19,577,675.96 RMB for Q1 2024, compared to -146,273,609.94 RMB in Q1 2023[22]. Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 28,854,238.88, which is an improvement of CNY 161,835,106.24 compared to a negative CNY 190,689,345.12 in the same period last year[9]. - Cash and cash equivalents at the end of Q1 2024 totaled 1,280,484,665.36 RMB, down from 1,439,480,704.82 RMB at the end of Q1 2023[23]. - The company generated cash inflows from financing activities of 1,436,436,520.28 RMB in Q1 2024, compared to 1,619,777,595.60 RMB in Q1 2023[23]. - Investment activities resulted in a net cash outflow of -426,572,072.00 RMB in Q1 2024, compared to a net inflow of 492,401,792.34 RMB in Q1 2023[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 18,030,113,612.40, a decrease of 1.39% from CNY 18,284,342,262.24 at the end of the previous year[7]. - Total liabilities decreased to CNY 9,290,126,781.86 from CNY 9,528,706,178.42, a decrease of 2.5%[16]. - Accounts receivable decreased to CNY 1,073,814,345.67 from CNY 1,360,556,618.05, a decline of 21.1% year-over-year[15]. - Inventory decreased to CNY 1,064,718,162.73 from CNY 1,119,495,996.42, representing a reduction of 4.9%[15]. - Short-term borrowings decreased to CNY 3,018,752,703.14 from CNY 3,478,385,230.33, a decrease of 13.2%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,720[11]. - The largest shareholder, Qin Qingping, holds 317,909,744 shares, accounting for 37.49% of the total shares[11]. Operational Insights - The company reported a significant reduction in raw material prices, contributing to improved gross profit margins[9]. - The company is focusing on new product development and market expansion strategies, although specific details were not disclosed in the current report[19]. - The company incurred financial expenses of 37,598,440.85 RMB in Q1 2024, a decrease from 42,183,231.21 RMB in Q1 2023[21]. - Total operating costs for Q1 2024 were CNY 3,435,513,664.70, down 6.6% from CNY 3,676,995,880.43 in Q1 2023[19]. - Total revenue from sales of goods and services in Q1 2024 reached 3,780,256,876.51 RMB, an increase of 7.9% from 3,503,452,273.74 RMB in Q1 2023[22]. Return on Equity - The weighted average return on equity was -0.28%, improving by 1.33% from -1.61% in the previous year[9].