四川美丰(000731) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 was ¥861,534,610.79, a decrease of 28.43% compared to ¥1,203,738,251.59 in the same period last year[3] - Net profit attributable to shareholders was ¥75,709,304.70, down 54.72% from ¥167,186,704.81 year-on-year[3] - Net profit after deducting non-recurring gains and losses was ¥65,143,730.17, a decline of 59.47% compared to ¥160,710,692.13 in the previous year[3] - Total operating revenue for Q1 2024 was CNY 861,534,610.79, a decrease of 28.5% compared to CNY 1,203,738,251.59 in the same period last year[14] - Net profit for Q1 2024 was CNY 75,310,917.79, a decline of 58.1% compared to CNY 179,730,400.70 in Q1 2023[15] - Earnings per share for Q1 2024 was CNY 0.1320, down from CNY 0.2854 in the previous year[15] Cash Flow - Operating cash flow increased by 31.32% to ¥80,456,360.57 from ¥61,267,255.97 year-on-year[3] - Cash flow from operating activities for Q1 2024 was CNY 80,456,360.57, an increase of 31.2% compared to CNY 61,267,255.97 in Q1 2023[16] - In Q1 2024, the net cash flow from investment activities was -¥17,686,047.60, a decrease from ¥142,933,930.98 in Q1 2023[17] - Cash inflow from investment activities totaled ¥1,513,701,526.23, compared to ¥1,109,980,507.40 in the same period last year, representing an increase of approximately 36.4%[17] - Cash outflow for investment activities was ¥1,531,387,573.83, up from ¥967,046,576.42, indicating a rise of about 58.4%[17] - The net cash flow from financing activities was ¥32,198,768.70, an increase from ¥21,728,071.00 in Q1 2023, reflecting a growth of approximately 48.0%[17] - Cash and cash equivalents at the end of Q1 2024 amounted to ¥880,433,704.64, down from ¥1,237,173,118.66 at the end of Q1 2023, a decrease of about 29.0%[17] - The company received ¥37,029,629.32 in cash from borrowings, compared to ¥22,613,002.99 in Q1 2023, marking an increase of approximately 63.5%[17] - Cash paid for the distribution of dividends and interest was ¥7,134,660.62, compared to ¥755,592.07 in the previous year, showing a significant increase[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,848,573,610.33, up 2.36% from ¥5,713,952,810.63 at the end of the previous year[3] - Total current assets reached ¥3,572,573,506.07, up from ¥3,380,139,274.04, indicating a growth of about 5.7%[11] - The total assets of the company as of March 31, 2024, are ¥5,848,573,610.33, compared to ¥5,713,952,810.63 at the beginning of the period, reflecting an increase of approximately 2.4%[12] - The company's inventory increased to ¥759,051,395.59 from ¥605,935,260.63, marking a rise of about 25.2%[11] - The accounts payable decreased to ¥163,638,112.01 from ¥222,607,055.59, a reduction of approximately 26.5%[12] - Total liabilities as of Q1 2024 amounted to CNY 1,279,959,483.61, an increase of 4.9% from CNY 1,219,380,332.42 in the previous year[13] Shareholder Information - Shareholder equity increased by 1.79% to ¥4,243,716,172.93 from ¥4,169,276,137.51 at the end of the previous year[3] - The total number of ordinary shareholders at the end of the reporting period is 50,004[9] - The largest shareholder, Chengdu Huachuan Petroleum and Natural Gas Exploration and Development Co., Ltd., holds 12.56% of shares, totaling 72,053,552 shares[9] - Total equity attributable to shareholders of the parent company was CNY 4,243,716,172.93, up 1.8% from CNY 4,169,276,137.51 year-over-year[13] Research and Development - R&D expenses rose by 72% to ¥504,000, an increase of ¥2,110,000 compared to the same period last year[7] - Research and development expenses for Q1 2024 were CNY 5,023,377.68, an increase of 72.2% compared to CNY 2,915,903.17 in the same period last year[14] Other Financial Metrics - Financial expenses increased by 88% to ¥900,000, primarily due to increased bank borrowings and reduced interest income[7] - Investment income increased by 57% to ¥1,270,000, driven by profits from joint ventures and structured deposits[7] - Non-operating income surged by 1,070% to ¥1,430,000, mainly from the write-off of unpayable payables[8] - The company reported a decrease in sales expenses to CNY 19,321,670.03 from CNY 19,806,354.90, reflecting a reduction of 2.4%[14] - Other comprehensive income after tax for Q1 2024 was CNY 993,315.16, compared to CNY 287,760.22 in the previous year, indicating a significant increase[15] Audit and Accounting Standards - The company did not undergo an audit for the Q1 2024 report[18] - The company has not adopted the new accounting standards for the current year[18]