深圳华强(000062) - 2024 Q1 - 季度财报

Financial Performance - The company reported a net profit attributable to shareholders of RMB 57 million, a decrease of 54.19% compared to the same period last year[6]. - Operating revenue for the period was RMB 4.46 billion, up from RMB 3.85 billion in the previous year, indicating a growth of 15.73%[14]. - Basic and diluted earnings per share were both RMB 0.0549, down from RMB 0.1198 in the previous year[15]. - The net profit attributable to shareholders of the listed company was ¥57,404,668.56, a decrease of 54.19% year-on-year[70]. - The net profit after deducting non-recurring gains and losses was ¥55,151,513.23, down 53.72% from the previous year[70]. - Basic earnings per share were ¥0.0549, down 54.17% year-on-year[70]. Cash Flow - The net cash flow from operating activities decreased by 43.44% year-on-year, primarily due to increased procurement payments[8]. - Cash flow from operating activities increased to ¥5,586,463,440.27 from ¥4,682,226,923.83, representing a growth of about 19.3%[35]. - Net cash flow from operating activities decreased to ¥687,749,261.62 from ¥1,215,890,810.99, a decline of approximately 43.4%[35]. - The company reported a net cash outflow from investing activities of ¥12,656,143.27, compared to a net outflow of ¥123,931,044.08 in the previous period[37]. - Cash flow from financing activities resulted in a net outflow of ¥1,300,340,781.38, compared to a net outflow of ¥840,672,004.87 in the previous period[37]. - The company's cash and cash equivalents at the end of the period were 2.70 billion yuan, down from 3.32 billion yuan at the beginning of the period[75]. Assets and Liabilities - The total liabilities decreased to RMB 8.45 billion from RMB 9.72 billion at the end of the previous year[14]. - Total assets decreased from ¥17,745,591,718.07 to ¥16,548,390,334.69, a reduction of about 6.75%[23]. - Short-term borrowings decreased from ¥6,350,976,834.80 to ¥5,168,039,260.23, a decrease of approximately 18.6%[23]. - The company's total liabilities decreased from ¥10,000,000,000 to approximately ¥9,000,000,000, reflecting a strategic reduction in debt[23]. - The equity attributable to shareholders of the listed company increased by 0.84% to ¥7,233,220,921.66 compared to the end of the previous year[70]. Expenses and Costs - The company’s gross margin declined due to slow recovery in the electronic components industry and increased interest expenses from USD financing[6]. - Income tax expenses decreased by 49.17% compared to the same period last year, primarily due to a decline in profits[29]. - The company's total operating costs amounted to ¥4,355,690,373.62, compared to ¥3,669,975,245.86 in the previous year[49]. - The company's financial expenses increased by 72.11% compared to the same period last year, primarily due to higher interest expenses and exchange losses[72]. - Research and development expenses for the period were ¥31,583,278.93, slightly up from ¥30,337,972.74 in the previous year[49]. Other Financial Metrics - Credit impairment losses for the period were RMB 2.09 million, an increase of 240.26% year-on-year, due to higher provisions for receivables[20]. - Asset impairment losses for the period amounted to 12.72 million yuan, representing a significant increase of 462.69% year-on-year, mainly due to higher inventory impairment provisions[73]. - The company recorded a government subsidy of 2.20 million yuan, contributing positively to the financial results[71]. - The total amount of dividends payable decreased by 33.33% compared to the end of the previous year, due to payments made to minority shareholders[72]. - The company reversed impairment provisions for receivables amounting to 437,562.28 yuan during the reporting period[71]. Operational Highlights - The company achieved operating revenue of 4.46 billion yuan, a year-on-year increase of 15.72%, driven by the growth in the electronic components distribution business and recovery in demand from downstream applications like smartphones[72]. - The company experienced a 58.72% reduction in other receivables compared to the end of the previous year, due to the recovery of significant amounts receivable[6]. - Accounts receivable decreased to 4.80 billion yuan from 5.70 billion yuan at the beginning of the period, indicating improved collection efforts[75]. - Inventory increased to 2.99 billion yuan from 2.66 billion yuan at the beginning of the period, reflecting a strategic buildup in anticipation of future demand[75]. - The company reported a significant increase in other current assets by 89.34% due to increased prepaid income tax and input tax to be certified[58]. - The company’s construction project, Huachuang Science and Technology Plaza, is expected to stabilize profits and cash flow once occupancy rates improve[6].