中曼石油(603619) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥807,234,481.88, a decrease of 10.74% compared to ¥898,474,432.39 in the same period last year[3] - Net profit attributable to shareholders for Q1 2024 was ¥172,044,864.43, down 19.85% from ¥212,471,457.56 year-on-year[3] - Basic and diluted earnings per share for Q1 2024 were both ¥0.43, reflecting a decline of 20.37% from ¥0.53 in the same period last year[4] - The company reported a decrease in net profit after deducting non-recurring gains and losses by 21.71% compared to the previous year[9] - Total operating revenue for Q1 2024 was CNY 807,234,481.88, a decrease of 10.7% compared to CNY 904,373,914.70 in Q1 2023[22] - Net profit for Q1 2024 was CNY 184,637,804.20, down 16.0% from CNY 219,359,115.61 in Q1 2023[25] - Operating profit decreased to CNY 227,200,165.87 from CNY 275,142,228.57, reflecting a decline of 17.4%[24] - Earnings per share (EPS) for Q1 2024 was CNY 0.43, compared to CNY 0.54 in Q1 2023, indicating a decrease of 20.4%[25] Cash Flow and Assets - The net cash flow from operating activities decreased by 52.15% to ¥148,103,113.61, compared to ¥298,278,047.97 in the previous year[4] - In Q1 2024, the cash inflow from operating activities was CNY 1,116,753,257.46, a decrease of 11.1% compared to CNY 1,256,104,945.84 in Q1 2023[28] - The net cash flow from operating activities was CNY 148,103,113.61, down 52.2% from CNY 309,521,521.21 in the same period last year[28] - Cash outflow for purchasing goods and services was CNY 544,209,938.80, a decrease of 13.8% from CNY 631,628,388.17 in Q1 2023[28] - The net cash flow from investing activities was -CNY 334,371,734.93, compared to -CNY 247,268,418.42 in Q1 2023, indicating increased investment outflows[29] - Cash inflow from financing activities was CNY 637,716,616.90, significantly higher than CNY 274,312,140.12 in Q1 2023, reflecting a 132.7% increase[29] - The ending cash and cash equivalents balance was CNY 851,159,051.24, up from CNY 451,080,347.26 at the end of Q1 2023[29] Assets and Liabilities - Total assets at the end of Q1 2024 increased by 3.19% to ¥9,423,280,403.70 from ¥9,132,374,884.54 at the end of the previous year[4] - Total liabilities rose to CNY 6,405,434,131.73 from CNY 6,270,140,636.04, an increase of 2.2%[19] - As of March 31, 2024, the company's total current assets amounted to RMB 3,354,159,244.54, compared to RMB 3,163,956,834.37 as of December 31, 2023, reflecting a growth of approximately 6%[17] - Cash and cash equivalents decreased to RMB 1,174,028,797.92 from RMB 1,249,678,959.52, indicating a decline of about 6%[17] - Accounts receivable increased to RMB 710,237,073.30 from RMB 702,349,855.59, showing a slight increase of approximately 1.26%[17] - Inventory rose to RMB 753,178,385.84 from RMB 594,632,777.32, representing an increase of about 26.69%[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,168, with the top ten shareholders holding a combined 42.97% of the shares[10] - The company has not identified any related party transactions or concerted actions among other shareholders[13] - The company’s major shareholders include Zhu Fengxue and Li Yuchi, who are identified as the common actual controllers[13] Operational Highlights - In Q1 2024, the company achieved an oil production of 154,500 tons from the Wensu project, an increase of 24,300 tons or 18.66% year-on-year[14] - The company reported an oil production of 43,300 tons from the Gengke project, which is an increase of 25,800 tons or 147.43% year-on-year[14] - The company is focusing on enhancing exploration efficiency and management to transition from a production-oriented to a management-oriented model[14] - The company plans to strengthen production operations in the drilling engineering sector to ensure timely completion of key tasks[14] Non-Recurring Items - Non-recurring gains and losses for the period totaled ¥1,834,155.86, with significant contributions from government subsidies and other non-operating income[8] - The company did not report any net profit from the merged entity prior to the merger, consistent with the previous period[26] - The company reported a decrease in research and development expenses to CNY 17,692,410.58 from CNY 27,715,077.23, a reduction of 36.3%[24]