金正大(002470) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,961,638,767.04, a decrease of 27.73% compared to ¥2,714,402,871.41 in the same period last year[4] - Net profit attributable to shareholders was ¥26,887,276.49, a significant increase of 166.79% from a loss of ¥40,258,108.32 in the previous year[4] - Total operating revenue for Q1 2024 was CNY 1,961,638,767.04, a decrease of 27.7% compared to CNY 2,714,402,871.41 in the same period last year[21] - Net profit for Q1 2024 was CNY 28,404,270.55, compared to a net loss of CNY 38,906,007.75 in Q1 2023[23] - Total comprehensive income for the first quarter was CNY 24,389,860.55, a decrease of 49.2% compared to the previous year[24] - Net income attributable to shareholders was CNY 22,872,866.49, down from CNY 13,323,339.27 in the same period last year[24] - Basic and diluted earnings per share were both CNY 0.0082, compared to a loss of CNY 0.0123 per share in the previous year[24] Cash Flow - The net cash flow from operating activities increased by 122.85% to ¥182,428,062.09, up from ¥81,860,276.05 in the same period last year[4] - Cash inflow from operating activities totaled CNY 2,254,515,123.19, a decrease of 5.1% from CNY 2,374,102,380.95 in the prior year[25] - Net cash flow from operating activities was CNY 182,428,062.09, significantly up from CNY 81,860,276.05 in the same period last year[25] - Cash outflow from investing activities was CNY 62,714,370.96, compared to CNY 76,579,135.44 in the previous year[26] - Net cash flow from financing activities was -CNY 63,579,014.87, worsening from -CNY 39,349,358.39 in the same period last year[26] - The ending balance of cash and cash equivalents was CNY 389,238,400.83, down from CNY 812,888,949.80 at the end of the previous year[26] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥11,491,461,985.42, a decrease of 2.29% from ¥11,760,358,098.57 at the end of the previous year[4] - The total assets decreased to CNY 11,491,461,985.42 from CNY 11,760,358,098.57, indicating a reduction of 2.3%[20] - Total liabilities decreased to CNY 9,373,636,994.85 from CNY 9,676,897,122.77, a decline of 3.1%[20] - The company's equity attributable to shareholders increased to CNY 2,045,299,345.77 from CNY 2,012,452,325.06, showing a growth of 1.6%[20] Research and Development - Research and development expenses surged by 194.93% to ¥65,910,242.37, compared to ¥22,347,608.75 in the previous year, indicating a strong focus on innovation[11] - The company reported a significant increase in R&D expenses, totaling CNY 65,910,242.37, up from CNY 22,347,608.75 in the previous year, reflecting a focus on innovation[21] Other Financial Metrics - The weighted average return on equity improved to 1.33%, up from -1.37% in the same period last year, reflecting better profitability[4] - The company recorded a foreign exchange loss of CNY 4,014,410.00 in Q1 2024, compared to a gain of CNY 26,934,769.05 in the same period last year[23] - The company reported an investment income of CNY 8,874,602.39, an increase from CNY 4,835,659.03 in the previous year, indicating improved performance in investments[21] Operational Changes - Accounts receivable increased by 33.28% to ¥594,522,070.43, primarily due to an increase in receivables from subsidiaries[9] - The company experienced a 30.09% decrease in financial expenses, amounting to ¥47,365,708.00, due to reduced overdue interest[11] - The total current assets decreased from CNY 5,160,117,907.59 at the beginning of the period to CNY 4,797,856,568.41 at the end of the period, representing a decline of approximately 7%[18] - Cash and cash equivalents decreased from CNY 1,067,420,029.61 to CNY 988,393,509.99, a reduction of about 7.4%[18] - Accounts receivable increased from CNY 446,080,861.45 to CNY 594,522,070.43, reflecting an increase of approximately 33.2%[18] - Inventory decreased from CNY 2,555,233,037.13 to CNY 2,365,454,829.41, a decline of about 7.4%[18] - The total non-current assets slightly decreased from CNY 1,224,601,515.59 to CNY 1,216,476,590.26, indicating a minor decline of around 0.7%[18] - The company reported a significant increase in trading financial assets from CNY 500,527.61 to CNY 20,009,584.42, marking a growth of approximately 3,895%[18] Strategic Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[21] - The company has not disclosed any new product developments or market expansion strategies in the current report[17] - There were no changes reported in the top 10 shareholders or their shareholding status compared to the previous period[17] - The company did not report any significant mergers or acquisitions during this quarter[17] Reporting Details - The company did not undergo an audit for the first quarter report[27] - The report was released by the board of directors on April 28, 2024[28]