雪峰科技(603227) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,179,976,455.47, a decrease of 35.29% compared to the same period last year[3]. - The net profit attributable to shareholders for Q1 2024 was CNY 125,251,650.65, down 45.33% year-on-year[9]. - The basic and diluted earnings per share were both CNY 0.117, reflecting a decline of 50.63% compared to the previous year[9]. - Total operating revenue for Q1 2024 was ¥1,179,976,455.47, a decrease of 35.3% compared to ¥1,823,511,481.49 in Q1 2023[19]. - Net profit for Q1 2024 was ¥131,509,174.39, a decline of 46.4% from ¥245,488,077.15 in Q1 2023[20]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.117, compared to ¥0.237 in Q1 2023, reflecting a 50.8% decrease[21]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 43,641,246.31, an improvement of 59.32% compared to the previous year[3]. - Cash flow from operating activities for Q1 2024 was negative at -¥43,641,246.31, an improvement from -¥107,281,742.54 in Q1 2023[22]. - The ending cash and cash equivalents balance decreased to $714.58 million in Q1 2024 from $246.50 million in Q1 2023, reflecting a tighter liquidity position[31]. - The company reported a significant increase in cash paid for employee compensation to $26.99 million in Q1 2024, up from $23.74 million in Q1 2023, reflecting higher workforce costs[30]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 7,761,224,565.98, an increase of 1.42% from the end of the previous year[4]. - The company's total current assets as of March 31, 2024, amount to ¥3,264,435,614.28, an increase from ¥3,071,176,321.98 at the end of 2023[14]. - The total liabilities of the company are reported at ¥1,507,476,838.77, down from ¥1,683,248,458.90, indicating a decrease of about 10.4%[15]. - The company's total liabilities decreased from CNY 1,438,773,341.41 to CNY 1,297,832,127.39, reflecting a decline of about 9.79%[26]. Inventory and Receivables - The accounts receivable increased by 45.20% to CNY 142,247,000, primarily due to increased bill settlement activities[8]. - The inventory increased by 5.16% to CNY 53,060,670[8]. - The company reported a significant increase in inventory, rising from CNY 64,547,091.81 to CNY 85,558,810.72, an increase of about 32.52%[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,239[11]. - The largest shareholder, Xinjiang Agricultural Investment (Group) Co., Ltd., holds 365,773,135 shares, accounting for 34.13% of total shares[11]. Research and Development - The company incurred R&D expenses of ¥1,235,349.30 in Q1 2024, significantly lower than ¥4,631,975.79 in Q1 2023, indicating a 73.3% reduction[20]. - The company has not reported any significant new strategies or product developments during the quarter[13]. Investment Activities - The net cash flow from investing activities was $30.23 million in Q1 2024, a turnaround from a negative $45.28 million in Q1 2023, showing improved investment performance[31]. - Cash outflow for investing activities was significantly reduced to $27,282.20 in Q1 2024 from $45.54 million in Q1 2023, indicating a more conservative investment approach[31].