荣盛石化(002493) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥81,088,312,171.89, representing a 16.30% increase compared to ¥69,720,518,872.77 in the same period last year[3] - Net profit attributable to shareholders was ¥552,356,783.62, a significant turnaround from a loss of ¥1,467,816,809.90 in the previous year, marking a 137.63% increase[3] - Basic earnings per share rose to ¥0.06, up 140.00% from a loss of ¥0.15 per share in the previous year[3] - Net profit for Q1 2024 was ¥1,098,729,199.02, a significant recovery from a net loss of ¥2,861,489,498.79 in the previous year[18] - The total comprehensive income for Q1 2024 was ¥1,115,478,647.71, a recovery from a loss of ¥2,858,023,713.22 in the same quarter last year[18] Cash Flow - The net cash flow from operating activities improved to ¥4,129,270,983.86, compared to a negative cash flow of ¥11,060,718,806.71 in the same period last year, reflecting a 137.33% increase[3] - The net cash flow from operating activities was not detailed in the provided data, but the overall cash position improved significantly[20] - The net cash flow from investing activities was -$9.46 billion, compared to -$7.04 billion in the previous year, indicating an increase in cash outflow[20] - Cash inflow from financing activities totaled $45.99 billion, slightly up from $45.77 billion year-over-year[20] - The net cash flow from financing activities was $14.35 billion, down from $19.46 billion in the previous year, reflecting a decrease in cash available for operations[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥380,804,493,762.52, a 1.57% increase from ¥374,918,440,311.68 at the end of the previous year[4] - The total liabilities increased to ¥285,368,825,875.67 from ¥280,249,618,670.39, indicating a rise of 3.9%[15] - The total liabilities amounted to ¥153,036,010,448.46, slightly down from ¥153,062,376,714.61, showing a decrease of approximately 0.02%[14] - The company's long-term borrowings rose to ¥130,264,385,948.41 from ¥125,179,583,821.18, which is an increase of about 4.4%[14] - The company's total equity attributable to shareholders of the parent company rose to ¥44,553,446,510.45, compared to ¥44,335,891,085.79, marking an increase of 0.5%[15] Shareholder Information - The top shareholder, Zhejiang Rongsheng Holding Group Co., Ltd., holds 51.81% of the shares, followed by Aramco Overseas Company B.V. with 10.00%[9] - The company has a strong shareholder base, with the largest shareholder holding 5,246,113,794 shares, representing a significant portion of the total equity[10] Inventory and Prepayments - The company reported a significant increase in prepayments, which rose by 115.16% to ¥321,307.01, primarily due to increased advance payments for raw materials[8] - The company reported a significant increase in prepayments, which rose to ¥3,213,070,069.10 from ¥1,493,312,465.86, reflecting a growth of approximately 115.3%[12] - The company's inventory decreased to ¥55,237,461,019.28 from ¥61,733,657,342.07, reflecting a decline of approximately 10.5%[12] Financial Expenses and Taxes - Financial expenses increased by 72.56% to ¥189,530.61, mainly due to a decrease in exchange gains compared to the previous year[8] - The company experienced a 252.66% increase in taxes payable, reaching ¥168,142.66, attributed to an increase in consumption tax[8] Research and Development - Research and development expenses for Q1 2024 were ¥1,193,091,516.38, slightly down from ¥1,258,096,443.54, indicating a decrease of 5.2%[17] Exchange Rate Impact - The impact of exchange rate changes on cash and cash equivalents was a negative $95.20 million, contrasting with a positive impact of $632.79 million in the previous year[20]