杭汽轮B(200771) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,059,263,685.89, a decrease of 2.75% compared to ¥1,089,224,031.37 in the same period last year[3] - Net profit attributable to shareholders was ¥9,663,903.49, representing a significant increase of 120.10% from a net loss of ¥48,089,348.88 in the previous year[3] - The total profit for Q1 2024 was ¥21,320,977.49, a turnaround from a loss of -¥47,866,573.34 in the same period last year, indicating a 144.54% improvement[7] - Total operating revenue for Q1 2024 was CNY 1,059,263,685.89, a decrease of 2.9% compared to CNY 1,089,224,031.37 in Q1 2023[15] - Net profit attributable to the parent company was CNY 9,663,903.49, compared to a net loss of CNY 48,089,348.88 in Q1 2023[15] - The company achieved a gross profit margin of approximately 26.5% in Q1 2024, compared to 22.4% in Q1 2023[15] Cash Flow and Assets - The net cash flow from operating activities was -¥364,441,664.54, a decline of 126.89% compared to -¥160,624,833.67 in the same period last year[3] - The company reported a net cash outflow from operating activities of CNY -364,441,664.54, worsening from CNY -160,624,833.67 in the same period last year[17] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 2,541,019,043.27, down from CNY 2,661,616,581.02 at the beginning of the period[18] - The company's cash and cash equivalents decreased to CNY 2,667,978,257.57 from CNY 2,798,168,129.50, a decline of approximately 4.7%[12] - Current assets totaled CNY 10,368,816,511.10, slightly up from CNY 10,294,846,921.79, indicating a growth of about 0.7%[12] - Total assets at the end of Q1 2024 reached ¥16,372,757,177.59, an increase of 2.79% from ¥15,927,680,116.23 at the end of the previous year[3] Liabilities and Equity - The company's long-term borrowings increased by 42.54% to ¥317,599,111.12, attributed to new bank loans taken during the period[6] - Total liabilities rose to CNY 7,588,422,890.93 from CNY 7,387,563,183.64, marking an increase of about 2.7%[13] - The company's equity increased to CNY 8,784,334,286.66 from CNY 8,540,116,932.59, reflecting a growth of approximately 2.9%[13] - Short-term borrowings decreased to CNY 408,930,519.44 from CNY 504,428,866.04, a reduction of about 18.9%[13] Research and Development - Research and development expenses decreased by 57.12% to ¥35,079,933.63, reflecting progress in the development of marketable units[7] - Research and development expenses decreased to CNY 35,079,933.63 from CNY 81,804,145.74 year-over-year, a reduction of 57.1%[15] Other Income and Comprehensive Income - The company reported a significant increase in other income, which rose by 99.06% to ¥24,769,399.44, mainly due to asset depreciation confirmation and government subsidies[7] - Other comprehensive income after tax was CNY 254,203,317.61, a significant recovery from a loss of CNY -339,708,069.90 in the previous year[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,987, with the largest shareholder holding 58.70% of the shares[8] - Basic and diluted earnings per share for Q1 2024 were CNY 0.01, compared to a loss of CNY -0.04 in Q1 2023[16] Additional Information - The first quarter report is unaudited[19] - The new accounting standards will be implemented starting in 2024[19] - The company is preparing for the adjustments related to the financial statement items at the beginning of the implementation year[19] - The board of directors meeting was held on April 30, 2024[20] - There are no specific performance summaries or user data provided in the documents[19][20] - Future outlook and performance guidance are not detailed in the available content[19][20] - No information on new products or technology development is mentioned[19][20] - Market expansion and mergers or acquisitions are not addressed in the documents[19][20] - Other new strategies are not specified in the provided content[19][20] - The documents do not contain any financial figures or percentages related to performance[19][20]