吉翔股份(603399) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,451,319,861.64, representing a decrease of 30.77% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 71,467,219.68, showing a significant increase of 108.56% year-on-year[6]. - The net profit excluding non-recurring gains and losses was CNY 17,440,015.32, reflecting a growth of 23.17% compared to the previous year[6]. - Basic and diluted earnings per share were both CNY 0.14, marking a 100% increase compared to the same period last year[5]. - The company's net profit attributable to shareholders for Q1 2024 was ¥71,467,219.68, a 108.56% increase compared to ¥34,266,782.11 in the same period last year[10]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥17,440,015.32, up 23.17% from ¥14,159,436.89 year-on-year[10]. - Net profit for Q1 2024 was ¥79,066,533.22, an increase of 29.6% from ¥60,984,075.21 in Q1 2023[27]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.14, compared to ¥0.07 in Q1 2023[27]. Cash Flow - The net cash flow from operating activities was CNY 29,453,414.16, down 96.15% year-on-year, indicating a substantial decline[5]. - Operating cash flow for the period was ¥29,453,414.16, a significant decrease of 96.15% compared to ¥765,737,583.62 in the previous year[13]. - In Q1 2024, the cash inflow from operating activities was CNY 1,200,534,328.10, a decrease of 53.1% compared to CNY 2,556,049,779.71 in Q1 2023[30]. - The cash inflow from investment activities totaled CNY 56,117,672.91, significantly up from CNY 10,961,995.09 in Q1 2023[31]. - The net cash flow from investment activities was CNY 4,246,368.45, a recovery from a negative CNY 193,777,645.01 in Q1 2023[31]. - Cash inflow from financing activities was CNY 181,072,116.79, an increase from CNY 91,809,778.15 in the previous year[31]. - The net cash flow from financing activities was CNY 2,016,133.32, compared to a negative CNY 70,580,505.68 in Q1 2023[31]. - The ending balance of cash and cash equivalents was CNY 1,138,687,074.81, slightly down from CNY 1,190,866,482.35 at the end of Q1 2023[31]. - The company received CNY 50,000,000.00 from investment recoveries in Q1 2024, marking a new cash inflow source[31]. - The total cash outflow for investment activities was CNY 51,871,304.46, down from CNY 204,739,640.10 in Q1 2023[31]. - The company reported a cash inflow of CNY 37,684,116.79 from other financing activities, up from CNY 19,687,874.15 in the previous year[31]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 3,971,208,477.52, a 1.43% increase from the end of the previous year[6]. - The company's total current liabilities were RMB 1,362,611,313.12, slightly down from RMB 1,378,892,918.26, indicating a decrease of approximately 1.2%[20]. - The total non-current assets increased to RMB 1,510,470,204.11 from RMB 1,459,422,795.74, representing a growth of about 3.8%[20]. - Total liabilities as of the end of Q1 2024 were ¥1,975,535,108.36, slightly up from ¥1,954,018,848.62 at the end of Q1 2023[21]. - Total equity attributable to shareholders of the parent company increased to ¥1,841,711,627.48 from ¥1,814,734,770.88 in Q1 2023[21]. Inventory and Receivables - The company's inventory decreased by 34.57% to ¥390,369,290.27 from ¥596,628,313.34 at the beginning of the period[10]. - The accounts receivable increased by 52.06% to ¥444,487,930.22 from ¥292,309,757.55 at the beginning of the period[10]. - Accounts receivable increased to RMB 444,487,930.22 from RMB 292,309,757.55, reflecting a significant rise of approximately 52%[19]. - Inventory decreased to RMB 390,369,290.27 from RMB 596,628,313.34, showing a reduction of about 34.6%[19]. - The company reported a significant increase of 408.94% in receivables financing to ¥176,351,514.09 from ¥34,651,086.71 at the beginning of the period[10]. Shareholder Information - The company reported a total of 44,539 common shareholders at the end of the reporting period[15]. - The largest shareholder, Ningbo Jutai Investment Management Co., Ltd., holds 173,840,117 shares, accounting for 33.52% of total shares[16]. - The company has a repurchase account holding 6,309,500 shares, which is 1.22% of the total share capital[16]. - The company has not engaged in any share lending or borrowing activities during the reporting period[17]. Other Income and Expenses - Other income rose by 134.23% to ¥68,718,255.83, primarily due to the recognition of VAT rebates in advanced manufacturing[12]. - The company reported a decrease in research and development expenses to ¥12,117,438.22 in Q1 2024 from ¥15,072,246.11 in Q1 2023[26]. - The company’s deferred income decreased to ¥113,802,274.37 from ¥115,714,328.13 year-over-year[21].