江苏舜天(600287) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥797,710,332.17, representing a decrease of 19.31% compared to the same period last year[4] - The net profit attributable to shareholders was ¥11,494,141.14, down 22.79% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 101.61%, amounting to ¥17,192,195.44[4] - Total revenue for Q1 2024 was CNY 797.71 million, a decrease of 19.4% compared to CNY 988.67 million in Q1 2023[16] - Net profit for Q1 2024 was CNY 20.78 million, a decline of 7.3% from CNY 22.42 million in Q1 2023[16] - The gross profit margin for Q1 2024 was approximately 6.1%, down from 8.0% in Q1 2023[16] - Basic earnings per share for Q1 2024 were CNY 0.0263, a decrease from CNY 0.0338 in Q1 2023[16] - The diluted earnings per share for the period was ¥0.0263, a decrease of 22.19% year-on-year[5] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥33,147,320.35, which is not applicable for year-on-year comparison[4] - In Q1 2024, the company reported a net cash flow from operating activities of -33,147,320.35 RMB, an improvement from -119,399,908.55 RMB in Q1 2023[17] - Total cash inflow from operating activities was 807,265,858.49 RMB, down 13.5% from 933,696,661.24 RMB in the same period last year[17] - Cash outflow from operating activities decreased to 840,413,178.84 RMB, compared to 1,053,096,569.79 RMB in Q1 2023, marking a reduction of 20.2%[17] - The company achieved a cash inflow from financing activities of 410,362,341.67 RMB, an increase of 13.9% from 360,352,043.18 RMB in Q1 2023[17] - Cash outflow from financing activities decreased to 306,802,330.64 RMB, down 19.0% from 378,625,233.39 RMB in the previous year[17] - The net increase in cash and cash equivalents for the quarter was 69,300,218.96 RMB, contrasting with a decrease of 143,577,951.63 RMB in Q1 2023[17] - The ending balance of cash and cash equivalents was 806,292,201.14 RMB, compared to 781,643,836.50 RMB at the end of Q1 2023, reflecting a year-over-year increase of 3.2%[17] - The company did not report any cash inflow from investment activities, resulting in a net cash flow from investing activities of -2,791,775.27 RMB[17] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,500,226,023.48, an increase of 1.35% from the end of the previous year[5] - Total assets as of March 31, 2024, amounted to CNY 3.50 billion, up from CNY 3.45 billion at the end of 2023[13] - The company's total liabilities increased to CNY 1.54 billion, compared to CNY 1.47 billion at the end of 2023, reflecting a rise of 4.5%[14] - The equity attributable to shareholders decreased by 1.64% to ¥1,778,449,018.62 compared to the end of the previous year[5] Shareholder Information - The company reported a total of 28,444 common shareholders at the end of the reporting period[9] - The largest shareholder, Jiangsu Shuntian International Group Co., Ltd., holds 50.92% of the shares, totaling 223,482,955 shares[9] Management Focus - The company’s management remains focused on improving operational efficiency and cash flow management in the upcoming quarters[17] - The company has not adopted new accounting standards for the first quarter of 2024[18]