万马股份(002276) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥3,801,393,459.76, representing a 23.61% increase compared to ¥3,075,232,404.50 in the same period last year[4] - Net profit attributable to shareholders decreased by 27.49% to ¥66,500,620.78 from ¥91,714,886.19 year-on-year[4] - Basic and diluted earnings per share both decreased by 27.41% to ¥0.0662 from ¥0.0912 year-on-year[4] - Total operating revenue for the first quarter reached ¥3,801,393,459.76, an increase of 23.5% compared to ¥3,075,232,404.50 in the previous year[21] - Net profit for the period was ¥66,986,345.53, a decrease of 28.0% from ¥92,786,671.14 in the previous year[23] - Other comprehensive income after tax was ¥11,712,695.87, down from ¥34,789,882.55 in the previous year[23] - The company reported a total comprehensive income of ¥78,699,041.40, a decrease of 38.3% from ¥127,576,553.69 in the previous year[23] Cash Flow and Liquidity - The net cash flow from operating activities improved by 53.25%, reaching -¥862,339,282.57, compared to -¥1,844,468,787.86 in the previous year[4] - Total cash inflow from operating activities was 2,555,356,877.23 CNY, while cash outflow was 3,417,696,159.80 CNY, resulting in a cash flow deficit[25] - Cash received from sales of goods and services decreased to 2,410,517,871.05 CNY from 2,494,298,079.71 CNY year-over-year[25] - The net cash flow from financing activities was -65,847,057.68 CNY, a significant decline from 1,249,187,764.82 CNY in the previous period[27] - The ending balance of cash and cash equivalents was 731,476,999.83 CNY, down from 928,212,294.80 CNY in the previous period[27] - The company received 45,453,778.44 CNY in tax refunds, an increase from 34,156,772.56 CNY year-over-year[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,320,817,925.14, a decrease of 3.19% from ¥13,760,224,171.84 at the end of the previous year[4] - Total liabilities decreased from ¥8,336,877,014.98 to ¥7,814,501,704.95, a reduction of 6.3%[19] - The company's cash and cash equivalents decreased from ¥3,432,799,116.41 to ¥2,098,583,523.06, a decline of approximately 38.9%[15] - Accounts receivable increased from ¥4,035,537,995.63 to ¥4,887,427,751.59, representing a growth of about 21.1%[15] - Inventory decreased from ¥1,203,321,503.21 to ¥1,086,715,381.09, a reduction of approximately 9.7%[15] - The company reported a total of ¥19,048,065.00 in derivative financial assets, up from ¥13,911,430.57, indicating an increase of about 36.7%[15] - Prepayments increased from ¥246,147,330.68 to ¥324,773,615.16, reflecting a rise of approximately 32%[15] Shareholder Information - The total number of common shareholders at the end of the reporting period was 80,911[10] - The largest shareholder, Qingdao West Coast New Area Marine Holdings Group Co., Ltd., holds 25.01% of shares, totaling 258,975,823 shares[10] - The company has no preferred shareholders with voting rights as of the reporting period[10] - The top ten shareholders do not have any reported participation in margin financing or securities lending activities[11] - There are no significant changes in the shareholding structure of the top ten shareholders due to securities lending activities[13] Research and Development - The company's R&D expenses increased by 30.66% to ¥14,957.11 million, driven by investments in product technology updates and enhancements[9] - Research and development expenses increased to ¥149,571,078.69, compared to ¥114,476,475.00 in the previous year, reflecting a growth of 30.7%[21] Tax and Other Income - The company reported a significant reduction in income tax expenses by 67.52%, amounting to ¥549.99 million, attributed to increased R&D tax deductions and a decrease in the effective tax rate[9] - Other income rose by 77.82% to ¥6,497.32 million, primarily due to increased VAT deductions in advanced manufacturing[9] Operating Costs - Total operating costs amounted to ¥3,780,386,505.30, up 24.7% from ¥3,030,325,846.25 in the same period last year[21] - Cash outflow for purchasing goods and services was 2,812,287,327.19 CNY, a decrease from 3,966,452,906.47 CNY in the previous period[25]