金螳螂(002081) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥4,543,622,411.99, a decrease of 10.78% compared to ¥5,092,858,819.48 in the same period last year[15] - The net profit attributable to shareholders was ¥203,245,029.29, down 25.58% from ¥273,107,770.08 year-on-year[15] - The net profit after deducting non-recurring gains and losses was ¥165,372,062.45, a decrease of 23.89% compared to ¥217,267,862.66 in the previous year[15] - The net cash flow from operating activities was -¥1,585,213,082.85, which is a decline of 19.85% from -¥1,322,641,726.26 in the same period last year[15] - The company's weighted average return on equity was 1.52%, down from 2.16% in the previous year, reflecting a decrease of 0.64%[15] - The net loss attributable to minority shareholders increased by 71.21% compared to the previous period, mainly due to a reduction in losses attributable to minority shareholders[40] - The net profit for the current period is approximately $202.34 million, a decrease of 25% compared to $269.97 million in the previous period[56] - The total revenue from operating activities is approximately $6.27 billion, down from $6.64 billion, reflecting a decrease of about 5.55%[58] - The total comprehensive income for the current period is approximately $208.64 million, down from $258.19 million, indicating a decrease of about 19.2%[56] - The operating profit for the current period is approximately $249.49 million, down from $326.21 million, representing a decrease of about 23.5%[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥34,055,974,709.06, down 8.16% from ¥37,081,776,449.41 at the end of the previous year[15] - The total liabilities decreased to CNY 20,225,379,474.08 from CNY 23,459,817,509.58, a reduction of 13.0%[54] - The cash and cash equivalents decreased to CNY 4,726,508,207.16 from CNY 6,063,061,128.79, a decline of 22.0%[52] - The accounts receivable decreased to CNY 12,618,042,179.24 from CNY 13,861,994,736.91, a reduction of 9.0%[52] - The inventory increased to CNY 2,046,314,690.96 from CNY 1,954,002,396.22, an increase of 4.7%[52] Cash Flow - The net cash flow from investment activities increased by 494.30%, primarily due to a reduction in the purchase of financial products[9] - The cash flow from investment activities has improved, showing a net inflow of approximately $365.63 million, compared to a net outflow of $92.73 million previously[59] - The cash flow from operating activities shows a net outflow of approximately $1.59 billion, compared to a net outflow of $1.32 billion in the previous period[59] - The net cash flow from financing activities decreased by 440.47% compared to the previous period, mainly due to the repayment of due borrowings from banks and factoring companies[43] Shareholder Information - The total number of common shareholders at the end of the reporting period is 74,844, with the largest shareholder, Suzhou Jin Tanglang Enterprise (Group) Co., Ltd., holding 24.58% of shares[24] - Golden Feather Corporation, the second-largest shareholder, holds 23.92% of shares, totaling 635,042,264 shares[24] - The company has a total of 652,805,330 shares held by Suzhou Jin Tanglang Enterprise (Group) Co., Ltd., representing 24.58% of the total shareholding[24] - The shareholder structure includes various investment funds, with the top ten shareholders holding significant stakes in the company[24] - The company is actively managing its shareholder relationships, with a focus on maintaining control through its major shareholders[24] Financial Management and Compliance - The report indicates that the first quarter report for 2024 has not been audited[39] - The report highlights the importance of ongoing financial management and compliance with new accounting standards starting in 2024[39] - The company has confirmed that all financial products are compliant with legal procedures[48] Guarantees and Financial Products - The company has not completed the repayment of several guarantees, including a guarantee amount of 30,000,000 CNY for Jin Tanglang Fine Decoration Technology, which started on November 23, 2022, and is due on November 23, 2023[29] - The company has multiple guarantees in place, with amounts ranging from 6,000,000 CNY to 49,200,000 CNY, all of which are not yet fulfilled[29] - The total amount of guarantees provided by the company reached 538,280 million yuan, accounting for 40.45% of the audited net assets as of the end of 2023[49] - The company provided guarantees totaling 524,230 million yuan for subsidiaries within the consolidated financial statements[49] - The company provided stage guarantees totaling 14,050 million yuan for mortgage loans to home buyers[49] - The total amount of entrusted financial management reached 81,529.18 million yuan, with no overdue amounts reported[46] - The company has invested 2,000.00 million yuan in a low-risk financial product with a projected annual return of 1.05%[46] - An investment of 7,000.00 million yuan was made in another low-risk financial product with a projected annual return of 1.50%[46] - The company also invested 6,000.00 million yuan in a similar low-risk financial product, also with a projected annual return of 1.50%[46] - The expected return on low-risk financial products was 1.05% to 1.65%[48] - The total amount of low-risk financial products issued was 81,529.18 million yuan[49] - The actual return for a specific low-risk financial product was 3.07 million yuan[49] - The company has a total of 12 low-risk financial products with varying amounts and returns[48] Research and Development - Research and development expenses were CNY 136,331,688.25, down from CNY 145,144,090.07, a decrease of 6.0%[55]