新希望(000876) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥23.91 billion, a decrease of 29.49% compared to ¥33.91 billion in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥1.93 billion, worsening by 14.75% from a loss of ¥1.69 billion year-on-year[5]. - Total operating revenue for Q1 2024 was CNY 23.91 billion, a decrease of 29.4% compared to CNY 33.91 billion in Q1 2023[22]. - Net profit for Q1 2024 was a loss of CNY 2.36 billion, compared to a loss of CNY 1.99 billion in Q1 2023, reflecting a worsening of 18.6%[23]. - The total comprehensive income attributable to the parent company was -2,068,345,080.62 CNY, compared to -1,676,064,314.11 CNY in the previous period, reflecting a decline of approximately 23.4%[24]. - The basic and diluted earnings per share were both -0.43 CNY, compared to -0.38 CNY in the previous period, indicating a worsening performance[24]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching ¥131.84 million, an increase of 107.83% compared to a negative cash flow of ¥1.68 billion in the previous year[5]. - The net cash flow from operating activities was 131,843,313.43 CNY, a significant improvement from -1,684,234,045.85 CNY in the previous period[25]. - Cash and cash equivalents at the end of the period amounted to 8,689,734,369.49 CNY, an increase from 8,158,982,545.00 CNY in the previous period[27]. - The cash outflow from operating activities totaled 24,876,446,529.59 CNY, down from 36,558,709,946.76 CNY in the previous period, reflecting a decrease of about 31.9%[25]. - The company reported cash inflows from investment activities totaling 1,073,765,039.79 CNY, compared to 813,764,643.16 CNY in the previous period, indicating a growth of approximately 32.0%[27]. - The net cash flow from financing activities was 988,614,403.95 CNY, down from 1,111,234,227.32 CNY in the previous period, representing a decrease of about 11.0%[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥126.79 billion, down 2.18% from ¥129.61 billion at the end of the previous year[5]. - The company's total assets decreased to CNY 126.79 billion from CNY 129.61 billion, a decline of 2.2%[20]. - Total liabilities increased slightly to CNY 93.86 billion from CNY 93.68 billion, an increase of 0.2%[20]. - The total non-current liabilities increased to CNY 40.15 billion from CNY 38.57 billion, an increase of 4.1%[20]. - The equity attributable to shareholders decreased by 9.24% to ¥22.49 billion from ¥24.78 billion at the end of the previous year[5]. Receivables and Inventory - The company experienced a 31.80% increase in accounts receivable, amounting to ¥40.37 million, attributed to extended credit terms offered to customers[9]. - Accounts receivable rose to CNY 1,673,016,117.68, up from CNY 1,269,319,108.56, indicating a significant increase in credit sales[18]. - Inventory decreased to CNY 11,525,138,276.06 from CNY 13,315,721,502.38, reflecting improved inventory management[18]. Investments and Financing - The company plans to issue non-financial corporate debt financing tools not exceeding CNY 1 billion, with a maturity of up to 5 years[15]. - Long-term equity investments rose to CNY 30.65 billion, up from CNY 30.04 billion, indicating a growth of 2.1%[20]. - The company reported an investment income of CNY 584.89 million, a decrease of 8.1% from CNY 636.54 million in the previous year[23]. Corporate Governance and Strategy - The board of directors appointed new executives to enhance the company's core competitiveness and sustainable development capabilities[16]. - The company is undergoing a board member election process, with candidates proposed for independent director positions[15]. - The company’s financial position reflects a strategic focus on enhancing operational efficiency and market expansion[15]. - The company reported a significant amount of other receivables totaling CNY 2,582,131,230.53, down from CNY 3,358,342,138.74[18]. - The company reported a total of 216,374 common shareholders at the end of the reporting period[11]. - The company has a major shareholder, Southern Hope Industry Co., Ltd., holding 1,328,957,185 shares, representing a significant portion of the total shares[12].