亚士创能(603378) - 2024 Q1 - 季度财报

Report Overview Important Notice The company's board, supervisory board, and senior management guarantee the report's accuracy and completeness, with financial information assured by key accounting personnel; the statements are unaudited - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, assuming individual and joint legal responsibility[2] - The company's principal officer, head of accounting, and head of the accounting department guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report[3] - The financial statements for this quarter are unaudited[4] Key Financial Data Main Accounting Data and Financial Indicators In Q1 2024, operating revenue significantly decreased by 40% year-over-year, with net profit and non-recurring net profit both negative, and operating cash flow also negative; total assets and owners' equity slightly declined 2024 Q1 Main Accounting Data and Financial Indicators (Year-over-year) | Item | Current Reporting Period (yuan) | Year-over-year Change (%) | | :--- | :--- | :--- | | Operating Revenue | 294,864,068.23 | -40.00 | | Net Profit Attributable to Shareholders | -81,734,642.90 | N/A | | Net Profit Attributable to Shareholders After Deducting Non-recurring Gains and Losses | -87,503,075.01 | N/A | | Net Cash Flow from Operating Activities | -269,775,344.64 | N/A | | Basic Earnings Per Share (yuan/share) | -0.19 | N/A | | Diluted Earnings Per Share (yuan/share) | -0.19 | N/A | | Weighted Average Return on Net Assets (%) | -4.81 | Decreased by 3.87 percentage points | 2024 Q1 End Main Accounting Data and Financial Indicators (Period-end Comparison) | Item | End of Current Reporting Period (yuan) | End of Prior Year (yuan) | Change from Prior Year-end (%) | | :--- | :--- | :--- | :--- | | Total Assets | 6,377,865,994.06 | 6,405,157,470.02 | -0.43 | | Owners' Equity Attributable to Shareholders | 1,657,605,487.59 | 1,739,340,130.49 | -4.70 | Non-recurring Gains and Losses Total non-recurring gains and losses for the period amounted to 5,768,432.11 yuan, primarily from government grants and non-current asset disposal gains, net of income tax impact 2024 Q1 Non-recurring Gains and Losses Items and Amounts | Non-recurring Gains and Losses Item | Current Period Amount (yuan) | | :--- | :--- | | Gains or losses from disposal of non-current assets | 9,052.83 | | Government grants recognized in current profit or loss | 7,587,665.52 | | Funds occupation fees charged to non-financial enterprises recognized in current profit or loss | 54,732.54 | | Gains or losses from entrusted investment or asset management | 9.59 | | Other non-operating income and expenses apart from the above | -256,175.79 | | Less: Income tax impact | 1,626,852.58 | | Total | 5,768,432.11 | Analysis of Financial Indicator Changes Operating revenue declined due to the broader economic environment and slower project progress; net profit and non-recurring net profit were negative due to lower revenue and gross margin; operating cash flow was negative due to reduced collections - Operating revenue decreased by 40.00% year-over-year, primarily due to the broader economic environment slowing project initiation and construction progress[8] - Net profit attributable to shareholders and net profit after deducting non-recurring gains and losses were both negative, mainly due to decreased operating revenue and product gross margin[8] - Net cash flow from operating activities was negative, primarily due to reduced cash collections in the first quarter[8] Shareholder Information Total Shareholders and Top Ten Shareholders As of the reporting period end, the company had 22,870 common shareholders; Shanghai Chuangnengming Investment Co., Ltd. is the controlling shareholder, Mr. Li Jinzhong is the actual controller, and his family members and affiliated companies collectively hold a significant portion of shares, with some shares pledged - As of the end of the reporting period, the total number of common shareholders was 22,870[10] Top 10 Shareholders' Shareholding (As of March 31, 2024) | Shareholder Name | Shareholder Nature | Number of Shares Held (shares) | Shareholding Ratio (%) | Pledged, Marked, or Frozen Status (shares) | | :--- | :--- | :--- | :--- | :--- | | Shanghai Chuangnengming Investment Co., Ltd. | Domestic Non-state-owned Legal Person | 113,535,000 | 26.40 | Pledged 22,640,000 | | Shanghai Runhetongsheng Investment Co., Ltd. | Domestic Non-state-owned Legal Person | 41,629,500 | 9.68 | Pledged 23,500,000 | | Shanghai Runhetonze Investment Co., Ltd. | Domestic Non-state-owned Legal Person | 37,845,000 | 8.80 | None 0 | | Shanghai Runhetoncai Asset Management Co., Ltd. | Domestic Non-state-owned Legal Person | 31,411,350 | 7.30 | None 0 | | Li Jinzhong | Domestic Natural Person | 27,058,395 | 6.29 | Pledged 22,870,000 | | Zhao Xiaofang | Domestic Natural Person | 22,517,775 | 5.24 | None 0 | | Shen Gang | Domestic Natural Person | 13,247,925 | 3.08 | Pledged 5,800,000 | | Shanghai Yingshui Investment Management Co., Ltd. - Yingshui Jubao No. 15 Private Securities Investment Fund | Other | 3,850,000 | 0.90 | None 0 | | Sunshine Asset - ICBC - Active Quantitative No. 1 Asset Management Product | Other | 1,800,000 | 0.42 | None 0 | | Asia C&N Technology (Shanghai) Co., Ltd. - Second Phase Employee Stock Ownership Plan | Other | 1,636,845 | 0.38 | None 0 | - Shanghai Chuangnengming Investment Co., Ltd. is the controlling shareholder; natural person shareholder Mr. Li Jinzhong is the actual controller, with Zhao Xiaofang as his spouse and Shen Gang as his nephew, and Li Jinzhong also controls corporate shareholders Chuangnengming, Runhetongsheng, Runhetonze, and Runhetoncai[12] - Some shareholders hold shares through credit guarantee accounts, including Runhetonze with 33,930,000 shares, Runhetoncai with 31,411,350 shares, and Li Jinzhong with 3,145,971 shares[12] Other Reminders Other Important Information There is no other significant information regarding the company's operating performance during the reporting period that requires special attention from investors - No other significant information regarding the company's operating performance during the reporting period requires investor attention[13] Quarterly Financial Statements Type of Audit Opinion The financial statements for this quarter are unaudited - The financial statements for this quarter are unaudited[13] Consolidated Balance Sheet As of March 31, 2024, the company's total assets were 6.378 billion yuan, a slight decrease from the end of the previous year; total current assets were 2.661 billion yuan, total non-current assets were 3.717 billion yuan; total liabilities were 4.720 billion yuan, with current liabilities at 3.941 billion yuan and non-current liabilities at 0.779 billion yuan; equity attributable to parent company owners was 1.658 billion yuan Consolidated Balance Sheet Key Data (As of March 31, 2024) | Item | March 31, 2024 (yuan) | December 31, 2023 (yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 6,377,865,994.06 | 6,405,157,470.02 | -0.43 | | Total Current Assets | 2,661,295,488.07 | 2,752,676,188.54 | -3.32 | | Total Non-current Assets | 3,716,570,505.99 | 3,652,481,281.48 | +1.76 | | Total Liabilities | 4,720,260,506.47 | 4,665,817,339.53 | +1.17 | | Total Current Liabilities | 3,94