新五丰(600975) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 reached ¥1,429,922,405.05, a 17.0% increase from ¥1,222,375,832.52 in Q1 2023[2] - Total operating costs for Q1 2024 were ¥1,681,171,030.97, up 15.2% from ¥1,459,346,687.96 in Q1 2023[2] - Net profit for Q1 2024 was a loss of ¥259,207,917.46, compared to a loss of ¥244,578,453.85 in Q1 2023, reflecting a 5.5% increase in losses[3] - The company reported a decrease in total profit for Q1 2024, with a total loss of ¥261,288,192.44 compared to a loss of ¥244,630,759.03 in Q1 2023, reflecting a 6.7% increase in losses[3] - The net profit attributable to shareholders of the listed company was CNY -254,311,686.94, indicating a loss[39] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -256,413,049.01[39] - The company reported a basic and diluted earnings per share of -¥0.20 in Q1 2024, slightly better than -¥0.21 in Q1 2023[14] Cash Flow - Cash flow from operating activities in Q1 2024 was ¥1,554,378,976.07, an increase from ¥1,344,323,039.25 in Q1 2023, representing a 15.6% growth[4] - In Q1 2024, the net cash flow from operating activities was ¥92,290,070.40, a significant improvement from a net outflow of ¥112,352,944.59 in Q1 2023[9] - Total cash inflow from operating activities reached ¥1,088,343,835.20, compared to ¥581,735,565.38 in the same period last year, indicating a year-over-year increase of approximately 87.1%[9] - The cash outflow for purchasing goods and services was ¥891,981,761.51, up from ¥611,484,469.68 in Q1 2023, reflecting a 46% increase[9] - The net cash flow from investing activities was -¥3,521,967.83, an improvement from -¥13,147,814.99 in Q1 2023[9] - Cash inflow from financing activities was ¥250,000,000.00, a decrease of 66% compared to ¥734,744,074.67 in Q1 2023[9] - The net cash flow from financing activities was -¥87,981,712.69, contrasting with a positive net flow of ¥450,953,040.40 in the previous year[11] Assets and Liabilities - The company reported a cash and cash equivalents balance of ¥913,563,447.25 at the end of Q1 2024, compared to ¥844,029,707.33 at the end of Q1 2023, indicating an 8.2% increase[5] - The company's total current assets increased to ¥2,646,198,724.61 as of March 31, 2024, compared to ¥2,550,641,292.42 at the end of 2023[19] - Total assets amounted to CNY 9,967,029,128.44, a slight decrease from CNY 10,012,469,562.21 in the previous year[22] - Total liabilities were CNY 5,971,448,323.64, compared to CNY 5,808,220,839.50 in the previous year[22] - The total equity attributable to shareholders was CNY 3,995,580,804.80, down from CNY 4,204,248,722.71[24] - Total assets at the end of the reporting period were approximately ¥12.1 billion, a decrease of 4.40% compared to the end of the previous year[56] - Equity attributable to shareholders of the listed company was approximately ¥2.74 billion, down 8.50% from the previous year-end[56] - Total liabilities decreased from 9,490,846,704.61 to 9,201,807,900.56, a reduction of approximately 3.06%[66] - Current assets decreased from 3,661,317,848.59 to 3,244,200,813.45, a decline of about 11.41%[71] - Cash and cash equivalents decreased from 1,500,060,097.09 to 979,050,954.05, a drop of approximately 34.67%[71] - Long-term borrowings decreased from 1,183,420,023.53 to 1,131,059,134.02, a reduction of about 4.43%[66] - Total equity attributable to shareholders decreased from 2,992,219,833.90 to 2,737,908,146.96, a decline of approximately 8.51%[66] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,963[42] - The largest shareholder, Hunan Grain and Oil Food Import and Export Group Co., Ltd., held 206,454,936 shares, accounting for 16.37% of total shares[42] - The number of shares held by the top ten shareholders accounted for a significant portion of the total shares, indicating concentrated ownership[42] Non-Recurring Items - Non-operating income from government subsidies amounted to ¥2.83 million, contributing positively to the financial results[56] - The company reported a non-recurring gain of approximately ¥2.10 million after tax, indicating some financial relief from non-operating activities[56] - The company did not identify any significant non-recurring losses during the reporting period[56] Research and Development - Research and development expenses for Q1 2024 were ¥6,841,654.57, up 23.3% from ¥5,546,678.19 in Q1 2023[2] Financial Stability - The report indicates a focus on maintaining financial stability amid a decrease in total assets and equity[56]