Financial Performance - The company's operating revenue for Q1 2024 was ¥730,054,743.08, a decrease of 15.89% compared to the same period last year[3] - The net profit attributable to shareholders was ¥68,028,559.12, down 6.33% year-on-year[3] - The basic earnings per share (EPS) was ¥0.12, reflecting a decline of 7.69% compared to the previous year[3] - Operating revenue for Q1 2024 was ¥730,054,743.08, a decrease of 15.9% compared to ¥867,987,240.32 in Q1 2023[16] - Net profit for Q1 2024 was ¥68,028,559.12, down 6.5% from ¥72,629,535.29 in Q1 2023[17] - Operating profit for Q1 2024 was ¥78,813,446.69, a slight decrease of 2.7% from ¥80,972,351.07 in Q1 2023[16] - Total comprehensive income for Q1 2024 was ¥68,028,559.12, compared to ¥72,629,535.29 in Q1 2023[17] - Basic and diluted earnings per share for Q1 2024 were both ¥0.12, down from ¥0.13 in Q1 2023[17] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥4,242,098,077.45, a slight decrease of 0.38% from the end of the previous year[4] - The company's current assets totaled ¥3,173,246,413.67, compared to ¥3,180,362,055.79 at the end of 2023, indicating a decrease of approximately 0.3%[11] - The company's cash and cash equivalents increased to ¥682,721,204.46 from ¥639,921,771.26, reflecting a growth of about 6.3%[11] - Accounts receivable rose to ¥803,896,406.07 from ¥635,474,575.95, representing an increase of approximately 26.4%[11] - Total liabilities decreased to ¥1,375,167,604.01 from ¥1,459,323,134.44, a reduction of about 5.8%[13] - The company's equity increased to ¥2,866,930,473.44 from ¥2,798,984,287.88, showing a growth of approximately 2.4%[13] - The company's equity attributable to shareholders increased by 2.43% to ¥2,866,930,473.44 compared to the end of the previous year[4] Cash Flow - The net cash flow from operating activities was ¥45,008,976.48, a significant improvement from a negative figure in the same period last year[3] - Cash flow from operating activities generated a net amount of ¥45,008,976.48, compared to a net outflow of ¥81,180,528.94 in Q1 2023[20] - The net cash flow from investing activities increased by 175.31%, attributed to higher fixed asset purchases[6] - The company reported a net cash outflow from investing activities of ¥32,056,437.91 in Q1 2024, compared to a net outflow of ¥11,643,869.67 in Q1 2023[20] - Cash flow from financing activities resulted in a net outflow of ¥7,071,893.74 in Q1 2024, compared to a net inflow of ¥14,359,916.66 in Q1 2023[21] Expenses - Research and development expenses rose by 40.31%, primarily due to increased investment in R&D[6] - Research and development expenses increased to ¥10,570,476.83, up 40.5% from ¥7,533,470.10 in Q1 2023[16] - Financial expenses surged by 108.39%, mainly due to interest accrued from convertible bonds[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,938[8] - The company did not report any significant changes in shareholder structure or financing activities during the reporting period[10] Inventory and Borrowings - The company reported a decrease in inventory from ¥1,189,860,479.69 to ¥1,133,067,402.91, a decline of about 4.7%[12] - The short-term borrowings decreased to ¥39,550,711.11 from ¥45,038,055.56, a reduction of approximately 12.8%[12] - The company’s retained earnings increased to ¥1,306,005,224.81 from ¥1,237,976,665.69, reflecting a growth of about 5.5%[13]
武进不锈(603878) - 2024 Q1 - 季度财报(更正)