山高环能(000803) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥416,414,141.10, a decrease of 38.79% compared to ¥680,277,092.61 in the same period last year[3] - Net profit attributable to shareholders was ¥8,772,491.10, down 78.28% from ¥40,381,143.58 year-on-year[3] - Basic and diluted earnings per share were both ¥0.02, representing an 83.33% decrease from ¥0.12 in the previous year[3] - The company reported a significant decrease in cash received from sales, totaling ¥311,520,947.47, down 50.25% from ¥626,206,697.36 in the previous year[7] - The company experienced a 39.40% reduction in operating costs, which amounted to ¥323,603,293.77 compared to ¥533,970,997.93 last year[7] - Total operating revenue for Q1 2024 was CNY 416,414,141.10, a decrease of 38.7% compared to CNY 680,277,092.61 in the same period last year[15] - Net profit for Q1 2024 was CNY 8,134,078.64, a decline of 80.0% compared to CNY 40,498,708.38 in Q1 2023[16] - The company reported a decrease in sales revenue from CNY 626,206,697.36 to CNY 311,520,947.47, representing a 50.2% decline[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥24,748,449.62, a decline of 169.68% compared to ¥35,518,245.93 in Q1 2023[3] - Cash flow from operating activities showed a net outflow of CNY 24,748,449.62, compared to a net inflow of CNY 35,518,245.93 in the previous year[19] - Cash and cash equivalents decreased to CNY 191,635,741.49 from CNY 252,167,201.75, suggesting tighter liquidity conditions[12] - Cash and cash equivalents at the end of Q1 2024 were CNY 191,635,741.49, down from CNY 273,227,282.39 at the end of Q1 2023[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,384,987,357.83, a slight decrease of 0.23% from ¥5,397,247,479.53 at the end of the previous year[3] - Current assets increased to CNY 886,122,134.81 from CNY 872,023,344.37, primarily driven by an increase in inventory from CNY 49,313,764.58 to CNY 85,248,853.87[12] - Short-term borrowings rose significantly to CNY 666,905,287.04 from CNY 512,936,259.27, indicating increased leverage[13] - The company's total liabilities decreased to CNY 3,935,052,313.45 from CNY 3,955,488,543.74, reflecting a reduction in overall debt levels[13] - The total equity of the company was reported at CNY 1,449,935,044.38, reflecting a decrease from the previous period due to accumulated losses[13] Inventory and Costs - Inventory increased by 72.87% to ¥85,248,853.87, primarily due to an increase in oilseed stock[6] - Total operating costs for Q1 2024 were CNY 389,772,268.89, down 36.8% from CNY 616,151,889.85 year-over-year[15] - The company incurred interest expenses of CNY 28,713,617.40, which increased significantly from CNY 14,857,709.24 year-over-year[15] - Research and development expenses for Q1 2024 were CNY 1,502,072.86, down 25.5% from CNY 2,016,259.98 in the previous year[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,647[8] Other Information - The first quarter report has not been audited[21] - The new accounting standards will be implemented starting in 2024[21] - The financial statement items related to the first year of implementation are applicable[21]