江苏神通(002438) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 570,566,604.49, representing a 14.78% increase compared to CNY 497,091,458.19 in the same period last year[2] - Net profit attributable to shareholders for Q1 2024 was CNY 83,694,808.60, up 10.17% from CNY 75,969,470.17 in the previous year[2] - The net profit after deducting non-recurring gains and losses was CNY 80,474,775.05, reflecting a 12.65% increase from CNY 71,439,637.32 year-on-year[2] - Total operating revenue for Q1 2024 reached ¥570,566,604.49, an increase of 14.77% compared to ¥497,091,458.19 in the same period last year[22] - Net profit for Q1 2024 was ¥83,694,624.75, representing a growth of 10.36% from ¥75,969,470.17 in Q1 2023[23] - The total comprehensive income for the first quarter of 2024 was approximately ¥83.69 million, compared to ¥75.97 million in the same period last year, representing an increase of about 10.5%[24] - Basic and diluted earnings per share for the first quarter were both ¥0.1649, up from ¥0.1497 in the previous year, indicating a growth of approximately 10.1%[24] Assets and Liabilities - The company's total assets at the end of Q1 2024 were CNY 5,726,490,283.87, a decrease of 2.04% from CNY 5,845,909,153.64 at the end of the previous year[2] - Total assets decreased to ¥5,726,490,283.87 from ¥5,845,909,153.64, a decline of 2.03%[20] - Total liabilities decreased to ¥2,365,097,645.02 from ¥2,568,211,139.54, a reduction of 7.91%[20] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 97,410,048.26, which is a 2.66% increase in outflow compared to CNY 94,888,134.01 in the same period last year[2] - Cash inflows from operating activities totaled ¥468.41 million, down from ¥548.49 million year-over-year, reflecting a decrease of about 14.6%[26] - The net cash outflow from operating activities was ¥97.41 million, slightly worse than the previous year's outflow of ¥94.89 million[27] - Cash inflows from investment activities were ¥80.11 million, significantly lower than ¥242.69 million in the prior year, marking a decline of approximately 67.0%[27] - The net cash outflow from investment activities was ¥176.06 million, compared to an outflow of ¥166.08 million in the same period last year[27] - Cash inflows from financing activities amounted to ¥472.97 million, an increase from ¥250.00 million year-over-year, representing a growth of approximately 89.2%[27] - The net cash outflow from financing activities was ¥78.76 million, an improvement from the previous year's outflow of ¥101.06 million[27] - The ending cash and cash equivalents balance was ¥269.95 million, down from ¥428.94 million at the end of the previous year, indicating a decrease of about 37.0%[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,324[9] - The top shareholder, Ningbo Juyuan Ruili Venture Capital Partnership, holds 82,678,557 shares, accounting for a significant portion of the company's equity[12] - The report highlights the involvement of major shareholders in financing activities, with specific details on shareholding structures provided[12] Investments and Projects - The company plans to raise 300 million RMB through a private placement to fund high-end valve intelligent manufacturing projects, focusing on specialized valves for the nuclear energy sector[14] - The company received approval from the National Nuclear Safety Administration for the renewal of its civil nuclear safety equipment manufacturing license for its wholly-owned subsidiary, Wuxi Flange[15] - The company aims to enhance its R&D and manufacturing capabilities for high-end valves, addressing domestic needs and expanding export potential[14] - The report indicates that the company is actively engaged in the development of core technologies for high-end valves, aiming for self-sufficiency in nuclear power valve manufacturing[14] - The company is committed to strengthening its supply chain for high-end valve components, particularly in the nuclear energy sector[14] Operational Metrics - The weighted average return on equity was 2.52%, a slight decrease of 0.02 percentage points compared to 2.54% in the previous year[2] - Total operating costs for Q1 2024 were ¥471,059,941.42, up 15.03% from ¥409,462,061.75 in Q1 2023[22] - The company reported R&D expenses of ¥19,160,136.03, slightly down from ¥20,188,624.49 in the previous year[23] - Long-term equity investments slightly decreased to ¥50,587,292.47 from ¥51,369,775.58[19] - The company experienced a 66.75% increase in long-term borrowings, indicating new financing activities during the reporting period[6] Audit and Reporting - The company has not undergone an audit for the first quarter report[29] - The company’s financial report for Q1 2024 is pending, with expectations for improved performance metrics[17]