保变电气(600550) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the current period is ¥671,075,800.63, representing a year-on-year increase of 15.14%[2] - The net profit attributable to shareholders of the listed company is ¥2,096,290.28, showing a significant decrease of 62.88% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses is ¥1,211,784.34, down 71.64% year-on-year[2] - The basic earnings per share for the current period is ¥0.001, a decrease of 62.06% year-on-year[2] - The diluted earnings per share is also ¥0.001, with the same percentage decrease of 62.06%[2] - The weighted average return on net assets is 0.41%, down by 0.36 percentage points compared to the previous year[2] - The company's net profit for Q1 2024 was approximately 7.61 million, compared to 5.86 million in Q1 2023, reflecting an increase of about 29.8%[28] - The company's operating profit for Q1 2024 was approximately 9.73 million, compared to 7.48 million in Q1 2023, showing an increase of about 30.1%[28] - Net profit attributable to the parent company for Q1 2024 was CNY 7,608,614.77, compared to CNY 5,856,035.06 in Q1 2023, indicating a growth of 29.9%[39] Cash Flow and Assets - The net cash flow from operating activities is -¥302,554,364.83, indicating a negative cash flow situation[2] - Cash flow from operating activities showed a net outflow of CNY -302,554,364.83 in Q1 2024, compared to CNY -80,703,425.50 in Q1 2023[43] - Cash and cash equivalents decreased to approximately 690.89 million as of March 31, 2024, down from 901.76 million at the end of 2023, a decline of about 23.3%[19] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 507,550,655.75, compared to CNY 461,802,216.61 at the end of Q1 2023[44] - The total assets at the end of the reporting period amount to ¥6,544,029,604.03, an increase of 4.25% from the end of the previous year[5] - The total assets of the company reached approximately 6.54 billion as of March 31, 2024, compared to 6.28 billion at the end of 2023, indicating a growth of about 4.2%[23] - The total liabilities increased to approximately 5.94 billion as of March 31, 2024, compared to 5.68 billion at the end of 2023, reflecting an increase of about 4.6%[25] Shareholder Equity - The equity attributable to shareholders of the listed company is ¥512,318,486.98, reflecting a slight increase of 1.02% compared to the previous year[5] - The total equity attributable to shareholders reached CNY 602,026,620.33, an increase from CNY 595,227,929.56 year-over-year[36] - The company's total equity remained stable at approximately 602.03 million as of March 31, 2024, compared to 595.23 million at the end of 2023, reflecting a slight increase of about 1.1%[25] Current Assets and Inventory - As of March 31, 2024, total current assets increased to approximately 4.96 billion, up from 4.67 billion as of December 31, 2023, representing a growth of about 6.2%[19] - Accounts receivable rose to approximately 1.94 billion as of March 31, 2024, compared to 1.76 billion at the end of 2023, marking an increase of about 10.0%[19] - Inventory increased to approximately 1.35 billion as of March 31, 2024, up from 1.08 billion at the end of 2023, which is an increase of about 25.1%[23] Operating Costs and Expenses - Total operating costs for Q1 2024 were CNY 671,228,695.57, up from CNY 580,411,263.43 in Q1 2023, reflecting a rise of 15.6%[38] - Research and development expenses for Q1 2024 were CNY 19,770,689.67, down from CNY 29,532,317.24 in Q1 2023, a decrease of 33.2%[38] Non-Recurring Gains and Losses - The total non-recurring gains and losses for the current period amount to ¥884,505.94[6] - The company reported a total comprehensive income of CNY 10,944,679.93 for the period, compared to CNY 5,699,316.01 in the previous year[29] Long-term Investments - The company's long-term equity investments increased to approximately 34.29 million as of March 31, 2024, compared to 33.38 million at the end of 2023, representing a growth of about 2.7%[23] Borrowings - The company raised CNY 485,000,000.00 through borrowings in Q1 2024, compared to CNY 540,000,000.00 in Q1 2023[43]