诺德股份(600110) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was approximately ¥1.05 billion, representing a decrease of 4.80% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2024 was approximately -¥94.39 million, a decline of 287.99% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately -¥101.89 million, a decrease of 1,256.88% compared to the previous year[5]. - The basic and diluted earnings per share for Q1 2024 were both -¥0.0540, reflecting a decrease of 288.15% year-on-year[5]. - The weighted average return on net assets was -1.56%, a decrease of 2.35 percentage points compared to the previous year[5]. - The net profit for Q1 2024 was -95,334,273.79 RMB, compared to a net profit of 66,539,852.11 RMB in Q1 2023, indicating a significant decline[52]. - The total comprehensive income attributable to the parent company's owners for Q1 2024 was -147,195,268.77 RMB, compared to 80,227,841.92 RMB in Q1 2023, showing a drastic decrease[53]. - The other comprehensive income after tax for Q1 2024 was -52,804,612.80 RMB, compared to 30,017,914.01 RMB in Q1 2023, indicating a significant decline[52]. Cash Flow - The net cash flow from operating activities was approximately ¥186.91 million, an increase of 443.08% compared to the same period last year[5]. - The cash flow from operating activities totaled 3,906,886,642.44 RMB in Q1 2024, compared to 3,682,723,147.16 RMB in Q1 2023, showing an increase of about 6.1%[54]. - Cash flow from operating activities showed a net increase of ¥186,911,128.62 compared to ¥34,416,614.03 in the previous period, indicating a significant improvement[1]. - Cash flow from investing activities resulted in a net outflow of ¥203,530,336.97, an improvement from the previous outflow of ¥497,523,314.48[1]. - Cash flow from financing activities recorded a net outflow of ¥59,738,667.51, contrasting with a net inflow of ¥128,874,216.24 in the prior period[1]. Assets and Liabilities - Total assets decreased by 1.45% to ¥15,018,550,320.35 from ¥15,238,872,730.17 year-over-year[37]. - The total assets as of March 31, 2024, were 15,018,550,320.35 RMB, down from 15,238,872,730.17 RMB at the end of 2023, representing a decrease of approximately 1.4%[60]. - The total liabilities decreased to 7,524,293,702.63 RMB in Q1 2024 from 7,597,623,955.45 RMB in Q4 2023, a reduction of about 1%[60]. - The company's total equity decreased to 7,494,256,617.72 RMB in Q1 2024 from 7,641,248,774.72 RMB in Q4 2023, a decline of approximately 1.9%[60]. - Total liabilities decreased to ¥6,273,168,005.75 from ¥6,750,117,371.99, a reduction of 7.05%[1]. Expenses - Total operating costs increased to ¥1,158,659,034.60 in Q1 2024, up 9.54% from ¥1,057,204,852.96 in Q1 2023[30]. - Financial expenses rose significantly to ¥69,262,679.84 in Q1 2024, compared to ¥37,300,503.80 in Q1 2023, primarily due to increased interest expenses[30]. - The company reported a significant increase in financial expenses, amounting to ¥85.69 million, primarily due to increased financing interest costs[1]. - Research and development expenses were ¥24,322,219.80 in Q1 2024, slightly down from ¥25,989,796.29 in Q1 2023, indicating a focus on cost management[30]. Strategic Moves - The company plans to acquire 90.2% of the equity of Yun Caifu Futures Co., Ltd., indicating a strategic move towards market expansion[8]. - The company plans to acquire 90.2% of Yun Wealth Futures Co., Ltd. for a cash consideration of 454.61 million CNY, based on an asset appraisal report[72]. - The acquisition is subject to regulatory approval and shareholder qualification, indicating significant uncertainty regarding the final closing of the transaction[72]. - The transaction may face various risks, including legal, regulatory, performance, technical, and market uncertainties during execution[72]. - The company plans to continue focusing on market expansion and new product development to drive future growth[31]. Inventory and Impairments - The company experienced an asset impairment loss of approximately ¥226.44 million, mainly due to an increase in inventory write-down provisions[1]. - The company’s inventory increased to 1,091,802,754.54 RMB in Q1 2024 from 946,823,573.77 RMB in Q4 2023, reflecting a rise of about 15.3%[60]. - The company experienced a 62.24% decrease in prepaid expenses, indicating reduced cash outflows for future purchases[38]. - The company reported a significant decrease in derivative financial assets, down 100% due to losses from hedging instruments[38].