吉华集团(603980) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 363,589,732.65, representing a decrease of 11.63% compared to the same period last year[5]. - Net profit attributable to shareholders of the listed company reached CNY 106,580,828.49, a significant increase of 717.22% year-on-year[5]. - The basic earnings per share (EPS) for the period was CNY 0.152, reflecting a 708.00% increase compared to the previous year[5]. - Total operating revenue for Q1 2024 was ¥363,589,732.65, a decrease of 11.6% compared to ¥411,433,236.90 in Q1 2023[19]. - Net profit for Q1 2024 reached ¥104,902,475.38, compared to a net loss of ¥18,428,947.70 in Q1 2023[20]. - Earnings per share for Q1 2024 were ¥0.152, a significant improvement from a loss of ¥0.025 per share in Q1 2023[21]. - The company reported an operating profit of ¥147,777,776.19 in Q1 2024, compared to an operating loss of ¥17,844,207.46 in Q1 2023[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -43,697,923.33, a decrease of 6.69% year-on-year[5]. - In Q1 2024, the cash inflow from operating activities was CNY 238,466,617.68, a decrease of 14.5% compared to CNY 278,907,092.01 in Q1 2023[22]. - The net cash outflow from operating activities was CNY -43,697,923.33, compared to CNY -40,959,192.00 in the same period last year[22]. - The cash inflow from investment activities totaled CNY 193,308,473.31, down 73.0% from CNY 742,732,952.03 in Q1 2023[23]. - The net cash flow from investment activities was CNY 73,308,336.27, a decrease of 68.5% compared to CNY 232,411,373.63 in Q1 2023[23]. - The cash inflow from financing activities was CNY 20,000,000.00, down 81.8% from CNY 110,000,000.00 in Q1 2023[23]. - The net cash flow from financing activities improved to CNY 9,274,083.81, compared to a net outflow of CNY -43,485,564.93 in the same quarter last year[23]. - The total cash and cash equivalents at the end of Q1 2024 were CNY 800,941,552.02, down from CNY 1,000,438,467.72 at the end of Q1 2023[23]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 4,552,719,912.33, showing a slight increase of 0.50% from the end of the previous year[6]. - The company's total current assets as of March 31, 2024, amount to ¥2,971,020,685.63, an increase from ¥2,902,401,695.93 at the end of 2023[16]. - The total assets of the company as of March 31, 2024, are ¥4,552,719,912.33, compared to ¥4,530,133,413.73 at the end of 2023[16]. - The company's non-current assets decreased to ¥1,581,699,226.70 from ¥1,627,731,717.80, reflecting a decline of approximately 2.3%[16]. - Short-term borrowings increased to ¥70,011,708.34 from ¥60,010,694.44, showing an increase of about 16.7%[16]. - The total liabilities decreased to ¥560,355,917.02 in Q1 2024 from ¥629,609,385.42 in Q1 2023, a decline of 11.0%[19]. - The total equity increased to ¥3,992,363,995.31 in Q1 2024 from ¥3,900,524,028.31 in Q1 2023, an increase of 2.4%[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,679[12]. - The largest shareholder, Hangzhou Jinhui Electromechanical Equipment Co., Ltd., holds 196,000,000 shares, accounting for 28.00% of total shares[13]. Operational Highlights - Accounts receivable increased by 46.95% due to a higher collection rate at the end of the previous year[9]. - The company reported a 59.80% increase in construction in progress, attributed to ongoing workshop renovation projects[9]. - Financial expenses decreased by 239.96%, mainly due to reduced exchange losses and increased interest income[9]. - Research and development expenses decreased to ¥7,652,719.81 in Q1 2024 from ¥16,676,764.89 in Q1 2023, a reduction of 54.1%[19]. - The company has no significant new product launches or technological developments reported in the current quarter[14]. Non-Recurring Items - Non-recurring gains and losses for the period totaled CNY 117,950,986.23, primarily due to asset disposal gains and government subsidies[8]. - The company recorded investment income of ¥11,668,957.76 in Q1 2024, down from ¥23,870,000.00 in Q1 2023[19].