德才股份(605287) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 654,250,580.60, a decrease of 26.64% compared to CNY 891,871,465.72 in the same period last year[6]. - The net profit attributable to shareholders for Q1 2024 was CNY 37,398,515.38, down 21.14% from CNY 47,425,788.51 year-on-year[6]. - The basic and diluted earnings per share for Q1 2024 were both CNY 0.2671, reflecting a decline of 21.16% compared to CNY 0.4743 in the previous year[7]. - The net profit for Q1 2024 is CNY 38,379,761.37, a decrease of 21.6% compared to CNY 49,023,860.99 in Q1 2023[22]. - The total comprehensive income for Q1 2024 is CNY 38,462,999.14, compared to CNY 49,030,224.23 in Q1 2023, showing a decrease of about 21.6%[22]. - The total revenue from sales and services of CNY 1,357,657,191.61, a decrease from CNY 1,671,057,529.63 in the previous year, reflecting a decline of about 18.7%[25]. Cash Flow and Liquidity - The net cash flow from operating activities for Q1 2024 was negative CNY 52,875,599.15, an improvement from negative CNY 64,155,184.39 in the same period last year[7]. - Cash flow from operating activities showed a net outflow of CNY 52,875,599.15, an improvement from a net outflow of CNY 64,155,184.39 in the previous year[25]. - Cash and cash equivalents decreased to RMB 1,731,349,244.69 from RMB 2,164,605,614.77, representing a decline of 20%[16]. - Cash and cash equivalents at the end of Q1 2024 totaled CNY 858,680,852.55, down from CNY 1,121,461,192.24 at the end of Q1 2023[26]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 11,308,775,924.95, representing a decrease of 3.45% from CNY 11,712,547,347.53 at the end of the previous year[7]. - Total assets decreased to RMB 11,308,775,924.95 from RMB 11,712,547,347.53, a decline of 3.4%[18]. - Total liabilities decreased to RMB 9,315,461,137.45 from RMB 9,737,684,582.69, a reduction of 4.3%[18]. - Current liabilities increased by CNY 894,885,308.58, from CNY 8,640,300,783.36 to CNY 9,535,186,091.94[29]. - Short-term borrowings rose from CNY 1,946,898,834.77 to CNY 2,841,784,143.35, an increase of approximately 45.9%[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,725[12]. - The largest shareholder, Ye Decai, holds 40,111,909 shares, accounting for 28.65% of the total shares[12]. - The equity attributable to shareholders at the end of Q1 2024 was CNY 1,885,712,369.91, showing a slight increase of 0.94% from CNY 1,868,241,593.24 at the end of the previous year[7]. - The total equity attributable to shareholders is CNY 1,868,241,593.24, unchanged from the previous period[30]. Operational Metrics - The total operating costs decreased to CNY 680,587,885.42 from CNY 895,361,478.53, reflecting a reduction of approximately 24%[21]. - The operating profit for Q1 2024 is CNY 48,968,922.35, down from CNY 62,197,115.50 in the same period last year, indicating a decline of about 21%[21]. - The company incurred financial expenses of CNY 26,104,618.54, which is an increase from CNY 18,936,699.89 in Q1 2023, indicating a rise of approximately 37%[21]. Inventory and Receivables - Accounts receivable increased to RMB 4,050,684,961.34 from RMB 4,172,538,558.81, indicating a decrease of 2.9%[16]. - The company’s inventory increased to RMB 32,543,236.02 from RMB 29,659,118.71, a rise of 6.4%[16]. - The company reported accounts receivable of CNY 4,172,538,558.81, unchanged from the previous reporting period[28]. - The company’s inventory stands at CNY 29,659,118.71, consistent with the previous reporting period[28]. Government Support - The company received government subsidies amounting to CNY 635,723.47, which are closely related to its normal business operations[9]. Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[5].