中装建设(002822) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥461,142,866.49, a decrease of 32.29% compared to ¥681,079,224.96 in the same period last year[4] - The net loss attributable to shareholders for Q1 2024 was ¥87,978,120.27, representing a significant increase in loss of 470.21% from a loss of ¥15,429,084.62 in the previous year[4] - Basic and diluted earnings per share for Q1 2024 were both -¥0.12, a decrease of 500% from -¥0.02 in the same period last year[4] - Net profit for Q1 2024 was a loss of ¥87,006,284.20, compared to a loss of ¥14,216,402.02 in Q1 2023, representing a significant increase in losses[29] - The total comprehensive loss for Q1 2024 was ¥87,006,284.20, compared to a loss of ¥14,216,402.02 in Q1 2023[29] Cash Flow and Liquidity - The net cash flow from operating activities improved by 22.91%, amounting to -¥226,842,479.55 compared to -¥294,251,196.08 in the previous year[4] - Operating cash flow for Q1 2024 showed a net outflow of ¥226,842,479.55, an improvement from a net outflow of ¥294,251,196.08 in the same period last year[31] - Cash and cash equivalents decreased significantly from RMB 641,402,773.69 to RMB 351,402,965.70, a reduction of about 45%[24] - Cash and cash equivalents at the end of Q1 2024 were ¥201,995,717.54, down from ¥773,817,191.21 at the end of Q1 2023[32] - The company’s cash flow from financing activities showed a net outflow of ¥64,375,460.89 in Q1 2024, compared to a net inflow of ¥42,638,896.10 in Q1 2023[31] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥7,498,181,450.13, down 7.51% from ¥8,107,198,145.84 at the end of the previous year[4] - The total assets decreased from RMB 8,107,198,145.84 at the beginning of the period to RMB 7,498,181,450.13 at the end of the period, representing a decline of approximately 7.5%[24] - Total current liabilities decreased from RMB 3,800,829,187.48 to RMB 3,278,193,736.51, a reduction of about 13.7%[25] - The company's total liabilities decreased from RMB 5,261,053,347.46 to RMB 4,753,456,782.17, a decline of approximately 9.6%[25] - The equity attributable to the owners of the parent company decreased from RMB 2,814,852,989.99 to RMB 2,726,978,013.50, a reduction of about 3.1%[25] Expenses - The company reported a 37.71% decrease in selling expenses, primarily due to reduced sales activities[11] - Total operating costs for Q1 2024 were ¥540,397,937.14, down 22.3% from ¥695,159,353.53 in the previous year[28] - Research and development expenses for Q1 2024 were ¥11,482,882.77, a decrease of 11.5% from ¥12,976,944.30 in Q1 2023[28] - The company reported a significant increase in interest expenses, which rose to ¥18,912,431.14 in Q1 2024 from ¥10,361,254.93 in Q1 2023[28] - The company experienced a decrease in sales expenses, which were ¥4,708,021.69 in Q1 2024, down from ¥7,558,109.71 in the previous year[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,459, with the largest shareholder holding 24.67% of the shares[19] Inventory and Accounts - The company reported a significant decrease in inventory from RMB 526,183,982.26 to RMB 619,896,334.46, indicating a change in inventory management strategy[24] - Accounts receivable decreased from RMB 2,390,387,592.74 to RMB 2,097,069,600.51, a decline of approximately 12.2%[24] - The company reported a 96.25% decrease in accounts payable, mainly due to the maturity of bank acceptance bills[9] Regulatory and Compliance - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws[21] - The company has not yet received a notification regarding the results of the investigation by the China Securities Regulatory Commission[21] - The company’s stock was suspended for one day and subsequently resumed trading with a risk warning due to the freezing of its main bank accounts[22] Accounting Standards - The first quarter report has not been audited[33] - The new accounting standards will be implemented starting in 2024[33] - The financial statement items related to the first year of implementation are applicable[33] - The board of directors of Shenzhen Zhongzhuang Construction Group Co., Ltd. issued the report on April 29, 2024[33]