亚太科技(002540) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,698,507,919.49, representing a 14.02% increase compared to ¥1,489,607,891.15 in the same period last year[5] - Net profit attributable to shareholders was ¥122,220,057.69, up 17.07% from ¥104,397,956.04 year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥117,062,819.09, reflecting a 23.09% increase from ¥95,102,844.87 in the previous year[5] - Basic earnings per share increased by 16.01% to ¥0.0978, compared to ¥0.0843 in the previous year[5] - Total operating revenue for the current period reached ¥1,698,507,919.49, an increase from ¥1,489,607,891.15 in the previous period, representing a growth of approximately 14.0%[25] - Total operating costs amounted to ¥1,595,421,720.55, up from ¥1,392,515,939.29, indicating an increase of about 14.6%[25] - The net profit for Q1 2024 was CNY 122,118,014.73, an increase of 17.3% compared to CNY 104,071,022.48 in Q1 2023[26] - Operating profit for Q1 2024 reached CNY 136,907,025.99, up from CNY 118,836,373.98 in the same period last year, reflecting a growth of 15.5%[26] - The total comprehensive income for Q1 2024 was CNY 122,116,736.16, compared to CNY 103,992,762.40 in Q1 2023, indicating an increase of 17.4%[27] Cash Flow and Financial Position - The net cash flow from operating activities decreased by 47.21% to ¥102,317,315.25, down from ¥193,824,883.44 in the same period last year[11] - Cash and cash equivalents at the end of the period were ¥890,651,428.71, compared to ¥855,897,981.06 at the beginning of the period, reflecting a growth of approximately 4.1%[22] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 890,244,365.70, down from CNY 2,042,236,653.42 at the end of Q1 2023[30] - The company reported a decrease in investment activities cash flow net amount to CNY -70,801,389.40, compared to CNY -189,851,821.47 in Q1 2023[30] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥7,790,122,744.11, a slight increase of 1.07% from ¥7,707,777,222.49 at the end of the previous year[5] - Accounts receivable decreased to ¥1,809,580,435.98 from ¥2,120,919,285.28, a decline of about 14.6%[22] - Inventory increased to ¥737,577,434.02 from ¥635,723,055.83, showing a rise of approximately 16.0%[22] - Total liabilities decreased to ¥2,001,783,315.19 from ¥2,031,598,614.44, a reduction of approximately 1.5%[23] - The company's equity attributable to shareholders increased to ¥5,783,633,824.52 from ¥5,652,358,933.83, reflecting a growth of about 2.3%[23] - The company reported a decrease in short-term borrowings to ¥20,741,726.37 from ¥36,728,261.38, a decline of approximately 43.5%[23] Operational Challenges - The company faced a temporary production halt due to a safety incident at its subsidiary, which impacted overall effective production capacity[16][17] - The production activities at the second phase of the subsidiary resumed on March 16, 2024, after meeting safety requirements[17] - The company is actively managing the aftermath of the safety incident to minimize negative impacts on stakeholders[18] - The actual losses from the safety incident have not yet been determined and are under investigation by the government[19] - The company has insurance coverage for the affected assets, and the compensation amount is still being assessed[19] - The automotive and aerospace industries are being prioritized to ensure supply continuity during the production halt[18] Future Outlook and Strategy - The company maintains a long-term development confidence and adheres to sustainable development principles despite external challenges[16] - The company has plans for market expansion and new product development, focusing on enhancing its competitive edge in the lightweight alloy sector[24] Miscellaneous - The first quarter report for Jiangsu Yatai Light Alloy Technology Co., Ltd. is unaudited[32] - The report was released on April 23, 2024[32] - Specific financial metrics and performance summaries were not provided in the document[32] - User data and customer metrics were not detailed in the report[32] - Future outlook and performance guidance were not included in the content[32] - Information regarding new product and technology development was absent[32] - Market expansion and acquisition strategies were not mentioned[32] - Other new strategies were not discussed in the report[32] - The document does not contain specific numerical data or percentages[32] - Overall, the report lacks detailed financial insights and projections[32]