泸天化(000912) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,287,943,525.81, a decrease of 41.10% compared to ¥2,186,529,140.95 in the same period last year[4] - Net profit attributable to shareholders was ¥33,401,138.82, down 80.73% from ¥173,349,950.88 year-on-year[4] - The company reported a basic earnings per share of ¥0.02, down 81.82% from ¥0.11 in the same period last year[4] - The company reported a total profit of CNY 40,576,451.79 for Q1 2024, down 78.9% from CNY 192,989,439.28 in Q1 2023[17] - Net profit for Q1 2024 was CNY 33,414,496.21, a decline of 80.3% compared to CNY 169,474,095.09 in Q1 2023[18] Cash Flow and Operating Activities - The net cash flow from operating activities increased by 74.33% to ¥12,110,612.17, compared to ¥6,946,997.26 in the previous year[8] - Cash flow from operating activities for Q1 2024 was CNY 12,110,612.17, an increase from CNY 6,946,997.26 in Q1 2023[20] - Investment activities resulted in a net cash outflow of CNY 76,713,876.38 in Q1 2024, compared to a net outflow of CNY 67,952,843.89 in Q1 2023[20] - Financing activities generated a net cash outflow of CNY 498,929,461.34 in Q1 2024, compared to a net outflow of CNY 398,084,827.56 in Q1 2023[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥10,128,760,989.54, a decrease of 2.52% from ¥10,390,269,476.94 at the end of the previous year[4] - Current assets decreased to CNY 5,254,830,366.72 from CNY 5,521,298,314.51, reflecting a decline of approximately 4.83%[13] - Cash and cash equivalents decreased to CNY 2,332,672,652.48 from CNY 2,807,174,648.60, a reduction of about 16.85%[13] - Total liabilities decreased to CNY 3,692,910,699.42 from CNY 3,984,717,284.08, indicating a decline of approximately 7.33%[14] - The company's inventory remained relatively stable, with a slight decrease from CNY 644,909,752.95 to CNY 642,569,783.71[13] Equity and Return Metrics - The company's total equity attributable to shareholders increased slightly by 0.47% to ¥6,430,151,657.24 from ¥6,399,866,917.37 at the end of the previous year[4] - The company's total equity increased slightly to CNY 6,435,850,290.12 from CNY 6,405,552,192.86, showing a growth of about 0.47%[14] - The weighted average return on net assets decreased to 0.52%, down 2.21% from 2.73% in the previous year[4] Operating Costs and Income - The company experienced a 37.98% decrease in operating costs, totaling ¥1,183,422,674.55 compared to ¥1,908,094,761.31 in the previous year[7] - Total operating costs for Q1 2024 were CNY 1,298,678,474.57, down 36.4% from CNY 2,045,514,054.07 in the same period last year[17] - Other income increased by 52.68% to ¥4,018,199.03, primarily due to an increase in government subsidies received[8] - The company reported a significant increase in other operating income, which rose by 163.90% to ¥38,571,838.03, mainly driven by increased carbon emission revenue[8] Retained Earnings and Product Development - The company reported a net loss of CNY 1,405,321,934.62 in retained earnings, an improvement from a loss of CNY 1,438,723,073.44 at the beginning of the period[14] - The company has not reported any new product developments or market expansion strategies in this quarter[12]