东华能源(002221) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 was approximately CNY 7.11 billion, a slight decrease of 0.66% compared to CNY 7.16 billion in Q1 2023[11] - Total operating costs for Q1 2024 were approximately CNY 7.08 billion, down 0.47% from CNY 7.12 billion in the same period last year[11] - Net profit for Q1 2024 reached approximately CNY 61.81 million, an increase of 4.93% from CNY 58.99 million in Q1 2023[12] - Earnings per share for Q1 2024 were CNY 0.0354, compared to CNY 0.0329 in Q1 2023, reflecting a growth of 7.58%[13] - The company reported an investment income of approximately CNY 10.37 million, up 27.06% from CNY 8.16 million in the previous year[12] - The company recorded a total comprehensive income of approximately CNY 36.33 million for Q1 2024, compared to CNY 22.51 million in the same period last year, indicating a significant increase[13] Cost Management - Research and development expenses for Q1 2024 were approximately CNY 6.35 million, a decrease of 3.50% from CNY 6.58 million in Q1 2023[11] - The company reported a significant decrease in sales expenses by 30.95%, amounting to a reduction of ¥7.21 million[10] - The company continues to strengthen cost management and leverage its own shipping and long-term leasing advantages to reduce raw material procurement costs[10] Cash Flow and Liquidity - The net cash flow from operating activities improved by 33.53%, reaching approximately -¥218.42 million, compared to -¥328.60 million in the previous year[26] - Operating cash flow for the current period was -218,424,009.45 CNY, an improvement from -328,596,533.55 CNY in the previous period, indicating a reduction in cash outflow[37] - The ending cash and cash equivalents balance was 3,845,550,560.35 CNY, down from 4,547,236,309.36 CNY in the previous period, reflecting a decrease in liquidity[38] - Cash and cash equivalents at the beginning of the period were 4,858,180,957.68 CNY, compared to 5,663,032,688.30 CNY in the previous period, showing a decline in available cash[38] Asset and Equity Changes - The company's total assets at the end of the reporting period were not disclosed, but the total number of common shareholders was 27,338[6] - Total assets at the end of the reporting period were approximately ¥42.27 billion, an increase of 0.64% from the end of the previous year[26] - The company's equity attributable to shareholders increased by 0.30% to approximately ¥10.69 billion[26] - Total assets increased from $42,000.0 million to $42,268.7 million, a growth of about 0.6%[49] - Total equity attributable to shareholders increased from $10,656.2 million to $10,687.7 million, a growth of about 0.3%[49] Investment Activities - Total cash inflow from investment activities decreased significantly to 97,045,932.78 CNY from 1,652,224,777.63 CNY in the previous period, reflecting a decline in investment recovery[38] - Cash outflow from investment activities was 1,061,919,338.95 CNY, down from 2,693,137,457.02 CNY, resulting in a net cash flow of -964,873,406.17 CNY for investment activities[38] - The company received 10,368,204.25 CNY in investment income, an increase from 8,124,777.63 CNY, indicating improved returns on investments[38] - The company reported a significant increase in cash received from the disposal of subsidiaries, totaling 50,800,000.00 CNY, up from 38,100,000.00 CNY in the previous period, reflecting successful divestitures[38] Future Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[16] - The financial report for Q1 2024 has not been audited, indicating that the figures are preliminary and subject to change[15] - Cash flow statement for Q1 2024 indicates ongoing financial stability and operational efficiency[52]