三一重能(688349) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was RMB 1,727,911,000, representing a year-on-year increase of 10.50%[4] - The net profit attributable to shareholders decreased by 44.92% to RMB 265,775,000 due to intensified industry competition and a decline in product gross margin[4][8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 236,880,000, down 41.73% compared to the same period last year[4][8] - The basic earnings per share for Q1 2024 was RMB 0.2220, reflecting a decrease of 45.28%[4][8] - The diluted earnings per share was RMB 0.2186, down 45.43% compared to the same period last year[4][8] - The total comprehensive income for Q1 2024 was CNY 266,477 thousand, significantly lower than CNY 482,249 thousand in Q1 2023[20] Assets and Liabilities - The total assets at the end of the reporting period increased by 2.73% to RMB 34,288,187,000 compared to the end of the previous year[5] - As of March 31, 2024, the company's total assets amounted to RMB 34,288,187 thousand, an increase from RMB 33,375,651 thousand as of December 31, 2023, reflecting a growth of approximately 2.74%[14] - The company's total liabilities increased to CNY 21,474,157 thousand as of March 31, 2024, compared to CNY 20,582,242 thousand at the end of 2023[16] - The company's total current liabilities decreased to RMB 15,000,000 thousand from RMB 15,500,000 thousand, showing a reduction of about 3.23%[15] - The company's total equity increased to RMB 19,288,187 thousand from RMB 18,375,651 thousand, reflecting a growth of about 4.97%[15] - The total equity attributable to shareholders reached CNY 12,814,028 thousand, slightly up from CNY 12,793,407 thousand at the end of 2023[16] Cash Flow - The net cash flow from operating activities was negative at RMB -1,461,727,000, primarily due to the impact of bill payments during the period[4][8] - In Q1 2024, the net cash flow from operating activities was -1,461,727, compared to -381,474 in Q1 2023, indicating a significant decline[22] - Cash flow from operating activities for Q1 2024 was CNY 2,406,936 thousand, compared to CNY 2,272,084 thousand in Q1 2023, reflecting a growth of 5.9%[21] - The total cash outflow for operating activities was 3,980,324, compared to 2,793,592 in Q1 2023, indicating increased operational costs[22] - The company received tax refunds of 16,227, up from 9,769 in Q1 2023, reflecting improved cash management[22] Research and Development - The company's R&D investment totaled RMB 187,300,000, accounting for 10.84% of operating revenue, a decrease of 1.29 percentage points year-on-year[4][8] - Research and development expenses for Q1 2024 were CNY 187,300 thousand, a slight decrease from CNY 189,697 thousand in Q1 2023[18] Inventory and Receivables - Inventory increased significantly to RMB 4,227,115 thousand, up from RMB 3,086,801 thousand, indicating a rise of approximately 37.02%[14] - The accounts receivable decreased to RMB 3,522,010 thousand from RMB 3,833,410 thousand, a decline of approximately 8.12%[14] - The company's contract liabilities increased to RMB 3,343,947 thousand from RMB 2,705,474 thousand, reflecting a growth of about 23.58%[15] Shareholder Actions - The company repurchased 10,549,970 shares, accounting for 0.88% of the total share capital[11]