中船科技(600072) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥805,799,636.19, a decrease of 74.87% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of ¥97,780,877.72, compared to a profit of ¥17,429,644.76 in the previous year[4] - The net cash flow from operating activities was a negative ¥2,000,478,584.14, significantly worse than the negative ¥468,232,718.64 reported in the same period last year[4] - Total operating revenue for Q1 2024 was ¥805,799,636.19, a decrease of 74.9% compared to ¥3,206,678,188.48 in Q1 2023[20] - Net loss for Q1 2024 was ¥95,399,038.67, compared to a net loss of ¥78,712,651.37 in Q1 2023[21] - The net profit attributable to the parent company for Q1 2024 was -97,780,877.72 CNY, compared to -38,343,309.45 CNY in Q1 2023, indicating a significant increase in losses[22] - The total comprehensive income for Q1 2024 was -94,305,863.23 CNY, compared to -78,596,045.99 CNY in Q1 2023, reflecting a worsening financial position[22] - The basic earnings per share for Q1 2024 was -0.065 CNY, compared to -0.025 CNY in Q1 2023, showing a decline in earnings performance[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥48,834,780,727.47, an increase of 1.57% from the previous year[5] - Total assets increased to ¥48,834,780,727.47 in Q1 2024 from ¥48,080,793,429.73 in Q1 2023, representing a growth of 1.6%[19] - Total liabilities rose to ¥37,537,380,740.30 in Q1 2024, up from ¥36,716,579,435.46 in Q1 2023, indicating an increase of 2.2%[19] - Non-current assets totaled ¥20,865,878,742.33 in Q1 2024, slightly up from ¥20,621,360,358.41 in Q1 2023[19] Cash Flow - Cash inflows from operating activities for Q1 2024 amounted to 2,607,950,029.84 CNY, up from 2,035,318,658.57 CNY in Q1 2023, indicating improved cash generation from operations[24] - Cash outflows from operating activities increased to 4,608,428,613.98 CNY in Q1 2024, compared to 3,702,831,971.13 CNY in Q1 2023, leading to a net cash flow from operating activities of -2,000,478,584.14 CNY[24] - The net cash flow from investing activities for Q1 2024 was -624,851,250.13 CNY, significantly worse than -123,674,030.90 CNY in Q1 2023, indicating increased investment outflows[25] - The net cash flow from financing activities for Q1 2024 was 1,980,971,082.66 CNY, compared to 598,146,836.88 CNY in Q1 2023, showing a substantial increase in cash raised through financing[25] - The ending cash and cash equivalents balance for Q1 2024 was 4,503,986,721.27 CNY, down from 6,476,288,129.86 CNY at the end of Q1 2023, reflecting a decrease in liquidity[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 1,506,521,728 shares[11] - The largest shareholder, China Shipbuilding Industry Group Co., Ltd., holds 275,204,726 shares, representing 18.27% of total shares[11] - The company reported a total of 60,918,568 shares held by CICC Capital Operation Co., Ltd., accounting for 4.04% of total shares[11] - The total number of shares held by the top ten shareholders accounted for a significant portion of the company's equity, with the top two shareholders being state-owned enterprises[11] - The company has not disclosed any significant changes in the participation of major shareholders in margin trading or securities lending activities[14] - The company has not identified any related party transactions among the top shareholders, ensuring transparency in ownership structure[12] Operational Highlights - The company's sales revenue decreased by 74.87%, primarily due to a decline in wind turbine sales[9] - The company reported a significant increase of 402.50% in payable employee compensation, attributed to higher salary provisions[9] - The company completed the acquisition of several subsidiaries in August 2023, which are now included in the consolidated financial statements[6] - Research and development expenses for Q1 2024 were ¥64,186,312.99, a decrease of 18.1% from ¥78,382,083.17 in Q1 2023[21] - The company reported a significant decrease in sales expenses, which were ¥94,466,908.05 in Q1 2024 compared to ¥160,705,014.40 in Q1 2023, a reduction of 41.1%[21] - The company plans to continue focusing on cost control and efficiency improvements in future quarters[20] Investment Income - The company recognized investment income of ¥334,000 from its joint ventures, indicating an increase in investment returns[10] - The company received 2,500,000.00 CNY from investments in Q1 2024, down from 6,000,000.00 CNY in Q1 2023, indicating a decline in investment inflows[25] - The company reported a tax refund of 2,796,224.88 CNY in Q1 2024, compared to 1,768,014.05 CNY in Q1 2023, showing an increase in tax recoveries[24]