JHSY(SZ:002597)2024-04-29 10:25Cash Flow - The net cash flow from operating activities decreased significantly to ¥8,716,520.22, down 96.78% from ¥270,490,011.73 in the previous period[7] - The company reported a net cash outflow from investing activities of ¥593,108,834.49, which is a 39.08% increase compared to the previous outflow of ¥426,460,880.06[16] - Financing activities generated a net cash inflow of ¥656,799,999.66, a substantial increase of 599.77% from ¥93,860,045.25 in the prior period[16] - The company's cash and cash equivalents decreased, impacting liquidity ratios[46] - The company's cash and cash equivalents increased by $72.3 million, contrasting with a decrease of $70.1 million in the previous period, leading to a total cash balance of approximately $2.39 billion at the end of the period[51] - The company received cash from borrowings amounting to $890 million, an increase from $380 million in the previous period, resulting in a net cash flow from financing activities of $656.8 million compared to $93.9 million last period[51] Revenue and Profit - Sales revenue from goods and services received cash of ¥1,317,954,566.94, a decrease from ¥1,582,080,087.04 in the previous period[5] - The company's Q1 2024 revenue was CNY 1,213,451,757.31, a decrease of 12.30% compared to CNY 1,383,603,549.08 in the same period last year[33] - Net profit attributable to shareholders was CNY 129,171,599.75, down 47.34% from CNY 245,277,710.94 year-on-year[33] - Net profit for the current period is $129,171,145.72, a decline of 47.5% compared to $245,401,588.00 in the previous period[48] - Basic earnings per share decreased to CNY 0.24, down 45.45% from CNY 0.44 in the same period last year[33] - Basic earnings per share for the current period is $0.24, down from $0.44 in the previous period[48] Assets and Liabilities - The total assets increased by 39.33% for trading financial assets, reaching ¥1,003,183,083.82 from ¥719,993,652.63[7] - Total assets increased by 6.11% to CNY 10,306,165,494.08 from CNY 9,712,479,118.25 at the end of the previous year[33] - The company's total assets increased to approximately $10.31 billion from $9.71 billion in the previous period, indicating a growth in overall financial health[56] - Total liabilities increased to $3,057,378,869.46 from $2,571,011,899.65, reflecting a growth of 18.9%[46] - Non-current liabilities rose significantly to $1,032,893,807.90 from $577,478,126.80, an increase of 78.6%[46] - The company's total liabilities and equity structure remains stable, with a focus on maintaining a healthy balance sheet[56] Share Repurchase and Equity - The company plans to increase the total amount for its share repurchase program to between ¥25,000 million and ¥50,000 million[8] - The company plans to repurchase shares using CNY 100 million to CNY 200 million of its own funds[18] - The company completed the repurchase and cancellation of part of the restricted stock, reducing the total share capital from 569,985,318 shares to 569,975,078 shares[20] - The company adjusted the maximum repurchase price from CNY 40.00 per share to CNY 39.21 per share due to the implementation of the 2022 annual equity distribution[40] - The company repurchased 11,519,500 shares, representing 2.02% of the total share capital, with a total transaction amount of approximately ¥244.8 million[55] - The company's equity attributable to shareholders rose by 1.50% to CNY 7,246,843,839.48 from CNY 7,139,523,979.43 at the end of the previous year[33] Investment and Expenses - The investment income increased by 180.11% to ¥30,779,811.58 from ¥10,988,433.94 in the previous period[7] - The company's financial expenses improved significantly, showing a decrease of 163.09% to -¥4,439,118.22 compared to ¥7,035,956.41 in the previous period[7] - Research and development expenses for the current period are $48,466,459.79, down from $56,771,058.94, indicating a reduction of 14.5%[47] - The company reported a government subsidy of approximately ¥20.5 million, contributing positively to the financial results for the period[66] Inventory and Current Assets - The company’s inventory increased to approximately ¥815.9 million from ¥783.6 million, reflecting a strategic buildup of stock[56] - Total current assets reached approximately $5.55 billion, up from $5.08 billion in the previous period, with cash and cash equivalents contributing significantly to this increase[56] - The company’s non-current assets totaled approximately $4.76 billion, up from $4.63 billion in the previous period, indicating ongoing investment in long-term assets[56] Other Comprehensive Income - Other comprehensive income after tax for the current period is $88,683.63, contrasting with a loss of $92,161.45 in the previous period[48] - The company experienced a 91.29% increase in prepayments, totaling ¥111,175,888.73 compared to ¥58,118,671.26 in the previous period[7]