卓郎智能(600545) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was RMB 841,760,000, representing a decrease of 29.9% compared to the same period last year[2] - Total revenue for Q1 2024 was RMB 841,760,000, a decrease of 29.9% compared to RMB 1,199,987,000 in Q1 2023[13] - The net profit attributable to shareholders was a loss of RMB 33,772,000, with a significant impact from exchange rate fluctuations[4] - Net loss for Q1 2024 was RMB 36,190,000, an improvement from a net loss of RMB 53,845,000 in Q1 2023[13] - The company reported a comprehensive loss of RMB 110,341,000 for Q1 2024, compared to a comprehensive loss of RMB 21,730,000 in Q1 2023[14] Cash Flow - The net cash flow from operating activities was a negative RMB 242,940,000, primarily due to a decrease in cash received from sales of goods and services[4] - Cash inflow from operating activities decreased to $1,146,122 thousand in Q1 2024 from $1,243,926 thousand in Q1 2023, a decline of approximately 7.8%[16] - Net cash flow from operating activities was negative at -$242,940 thousand in Q1 2024, compared to -$183,864 thousand in Q1 2023, indicating a worsening of 32%[16] - Cash outflow from investing activities was -$12,862 thousand in Q1 2024, an improvement from -$15,904 thousand in Q1 2023, showing a reduction of 19.2%[17] - Cash inflow from financing activities dropped significantly to $55,445 thousand in Q1 2024 from $643,360 thousand in Q1 2023, a decrease of approximately 91.4%[17] - Net cash flow from financing activities turned negative at -$38,533 thousand in Q1 2024, contrasting with a positive $5,445 thousand in Q1 2023[17] - The ending cash and cash equivalents balance decreased to $281,143 thousand in Q1 2024 from $425,854 thousand in Q1 2023, a decline of 33.9%[17] - Cash received from the sale of fixed assets and other long-term assets was $265 thousand in Q1 2024, down from $4,571 thousand in Q1 2023, a decrease of 94.2%[17] - Cash paid for the purchase of fixed assets and other long-term assets was $13,127 thousand in Q1 2024, down from $20,475 thousand in Q1 2023, a reduction of 35.9%[17] - The total cash and cash equivalents decreased by $321,345 thousand in Q1 2024, compared to a decrease of $204,011 thousand in Q1 2023, indicating a larger cash outflow[17] Assets and Liabilities - Total assets at the end of the reporting period were RMB 9,512,426,000, down 3.8% from the end of the previous year[3] - Total assets as of March 31, 2024, were RMB 9,512,426,000, down from RMB 9,892,917,000 at the end of 2023[11] - Total liabilities decreased to RMB 5,350,292,000 from RMB 5,620,442,000, a reduction of 4.8%[11] - The company's inventory increased to RMB 1,441,427,000 from RMB 1,306,349,000, reflecting an increase of 10.3%[10] Shareholder Information - The equity attributable to shareholders decreased by 2.8% to RMB 3,221,501,000 compared to the end of the previous year[3] - The largest shareholder, Jiangsu Jinsheng Industrial Co., Ltd., held 849,759,677 shares, accounting for 47.53% of total shares[7] - The company had 66,652 common shareholders at the end of the reporting period[6] Earnings Per Share - The basic and diluted earnings per share were both negative at RMB -0.0189, reflecting the company's losses during the period[2] - Basic and diluted earnings per share for Q1 2024 were both RMB -0.0189, compared to RMB -0.0272 in Q1 2023[14] - The weighted average return on equity was -1.0%, an increase of 0.6 percentage points from the previous year[2] Research and Development - Research and development expenses for Q1 2024 were RMB 60,008,000, down 27.3% from RMB 82,528,000 in Q1 2023[13] Non-Recurring Gains and Losses - Non-recurring gains and losses amounted to RMB 734,000 after tax, with government subsidies and other income contributing to this figure[4]