海亮股份(002203) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 21,817,027,838.49, representing a 12.21% increase compared to CNY 19,442,473,399.95 in the same period last year[3]. - Net profit attributable to shareholders decreased by 5.53% to CNY 315,059,210.19 from CNY 333,499,461.03 year-on-year[3]. - The company's diluted earnings per share decreased by 3.75% to CNY 0.1461 from CNY 0.1518 in the previous year[3]. - The weighted average return on equity declined to 2.22% from 2.59% year-on-year[3]. - In Q1 2024, Zhejiang Hailiang Co., Ltd. reported a net profit of CNY 292,329,508.17, a decrease of 14.3% compared to CNY 341,141,427.58 in Q1 2023[17]. - The company's operating profit for Q1 2024 was CNY 323,062,848.95, down from CNY 379,964,496.02 in the same period last year, reflecting a decline of 15.0%[17]. - The total profit for Q1 2024 was CNY 329,700,603.48, down from CNY 381,199,442.44 in Q1 2023, a decline of 13.5%[17]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 31.89%, reaching CNY -2,246,931,276.98 compared to CNY -3,298,985,335.56 in the previous year[3]. - The total cash inflow from operating activities was CNY 23,408,081,144.06 in Q1 2024, up from CNY 20,008,456,631.41 in Q1 2023, an increase of 12.0%[19]. - The total cash and cash equivalents as of March 31, 2024, is 6,754,500,317.59 RMB, down from 7,721,492,735.10 RMB at the beginning of the period[13]. - The total cash and cash equivalents at the end of Q1 2024 were 3,966,548,461.09 CNY, compared to 3,053,026,416.45 CNY at the end of Q1 2023, indicating an increase in liquidity[20]. - The cash inflow from financing activities was 8,916,002,365.58 CNY, down from 9,142,021,064.23 CNY in Q1 2023, reflecting a decrease in new borrowings[20]. Assets and Liabilities - Total assets increased by 8.66% to CNY 43,905,310,857.40 from CNY 40,405,099,640.89 at the end of the previous year[3]. - Current liabilities rose to ¥18,515,562,427.04, up from ¥14,768,075,209.17, indicating a significant increase of 25.0%[15]. - Non-current liabilities totaled ¥8,362,418,135.27, a decrease from ¥8,798,313,034.26, reflecting a decline of 5.0%[15]. - The total liabilities increased to ¥26,877,980,562.31 from ¥23,566,388,243.43, reflecting a growth of 14.0%[15]. Inventory and Receivables - The company's inventory rose by 19.08% to CNY 843,933.52 million, driven by increased stock for the production season and rising output of copper foil[6]. - Accounts receivable increased to 6,561,986,605.14 RMB from 5,405,829,742.53 RMB[13]. - Prepayments increased to 1,737,396,776.71 RMB from 1,175,515,089.65 RMB[13]. - Other receivables rose to 347,136,917.35 RMB from 160,093,849.95 RMB[13]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,091[9]. - Hai Liang Group Limited holds 29.24% of shares, totaling 584,229,734 shares, with 136,000,000 shares pledged[10]. - Z&P Enterprises LLC owns 10.67% of shares, amounting to 213,213,964 shares[10]. - The company has not reported any changes in the top 10 shareholders due to margin trading activities[11]. - The company has not issued any preferred shares during the reporting period[12]. Expenses - The company reported a significant increase in financial expenses by 222.28% to CNY 28,337.70 million, attributed to currency exchange losses on Euro-denominated assets[7]. - Research and development expenses decreased to CNY 37,464,089.69 in Q1 2024 from CNY 44,484,479.26 in Q1 2023, a reduction of 15.8%[17]. - Financial expenses surged to CNY 283,376,993.85 in Q1 2024, significantly higher than CNY 87,928,110.29 in Q1 2023, indicating an increase of 221.0%[17]. - The company paid 517,856,639.37 CNY to employees in Q1 2024, up from 482,798,519.57 CNY in Q1 2023, reflecting a rise in employee compensation[20]. - Tax payments increased to 275,080,937.47 CNY in Q1 2024 from 192,406,258.71 CNY in Q1 2023, indicating higher tax obligations[20]. - Cash outflow for other operating activities was 604,566,480.27 CNY, compared to 382,057,393.62 CNY in the previous year, showing increased operational expenses[20].