华工科技(000988) - 2024 Q1 - 季度财报

Financial Performance - Total revenue for Q1 2024 was ¥2,170,165,169.07, a decrease of 18.56% compared to ¥2,664,844,769.27 in Q1 2023[4] - Net profit attributable to shareholders was ¥289,867,685.51, down 5.92% from ¥308,100,357.33 in the same period last year[4] - Net profit excluding non-recurring items was ¥225,800,193.51, a decline of 18.28% from ¥276,296,379.65 in Q1 2023[4] - Basic and diluted earnings per share were both ¥0.29, down 6.45% from ¥0.31 in the previous year[4] - The total profit for the current period is ¥312,057,753.78, down 11.95% from ¥354,580,803.48 in the previous period[17] - Net profit for the current period is ¥289,113,813.17, a decrease of 6.06% compared to ¥307,840,581.20 in the previous period[17] Cash Flow - Operating cash flow showed a net outflow of ¥109,790,591.15, a significant decrease of 148.31% compared to a net inflow of ¥227,272,698.69 in Q1 2023[4] - The net cash flow from operating activities was -109,790,591.15, a significant decrease compared to 227,272,698.69 in the previous year[20] - The company reported a cash decrease of 102,358,906.02 for the quarter, contrasting with an increase of 837,809,569.36 in the same period last year[20] - Cash inflow from operating activities totaled ¥2,173,316,972.59, a decrease of 15.77% from ¥2,580,796,748.33 in the previous period[19] - The net cash flow from investing activities was -194,694,603.71, worsening from -26,577,371.30 in the same quarter last year[20] - Cash inflow from financing activities was 250,000,000.00, a sharp decline from 1,192,828,116.45 in the previous year[20] - The net cash flow from financing activities was 202,885,157.84, down from 639,246,275.40 year-over-year[20] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥17,586,478,792.69, an increase of 1.03% from ¥17,407,673,630.22 at the end of the previous year[4] - Current assets rose to CNY 14,147,016,151.07, up from CNY 13,040,362,612.06, indicating an increase of about 8.49%[14] - Total liabilities decreased slightly to CNY 8,114,630,907.71 from CNY 8,230,327,923.74, a reduction of about 1.40%[15] - Non-current liabilities totaled CNY 3,000,288,582.62, up from CNY 2,805,033,500.99, marking an increase of around 6.52%[15] - Shareholders' equity attributable to the parent company increased by 3.22% to ¥9,452,450,810.89 from ¥9,157,194,760.05[4] - Shareholders' equity increased to CNY 9,471,847,884.98 from CNY 9,177,345,706.48, reflecting a growth of approximately 3.20%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 149,646[9] - The largest shareholder, Wuhan Donghu Innovation Technology Investment Co., Ltd., holds 19.00% of the shares, totaling 191,045,514 shares[9] - The second-largest shareholder, Wuhan Huazhong University of Science and Technology Asset Management Co., Ltd., holds 4.91%, equating to 49,386,563 shares[9] - The total number of shares held by the top 10 shareholders accounts for a significant portion of the company's equity[9] - The National Social Security Fund 401 Combination holds 0.88% of the shares, totaling 8,825,010 shares[11] - The China Agricultural Bank Co., Ltd. - CSI 500 Index ETF holds 1.15% of the shares, totaling 11,542,712 shares[11] - The China Bank Co., Ltd. - Huaxia CSI 5G Communication Theme ETF holds 0.50% of the shares, totaling 5,036,654 shares[11] Other Income and Expenses - Other income increased significantly by 237.65% to ¥94,486,224.02, compared to ¥27,983,583.78 in Q1 2023, mainly due to higher government subsidies recognized[7] - Research and development expenses increased to ¥139,475,698.42, up 8.93% from ¥128,198,530.91 in the previous period[17] - The company reported a significant decline in investment income, with a loss of ¥2,247,583.04 compared to a gain of ¥64,333,627.78 in the previous period[17] - Cash paid to employees was 486,217,547.52, a decrease from 522,916,164.59 in the same quarter last year[20] - Cash paid for taxes was 145,529,462.15, down from 163,778,072.09 year-over-year[20] Inventory and Accounts Receivable - Inventory increased significantly to CNY 2,091,214,837.81, compared to CNY 1,889,071,813.87, representing a growth of approximately 10.67%[14] - Accounts receivable slightly decreased to CNY 3,664,803,706.97 from CNY 3,700,039,426.68, a reduction of approximately 0.95%[14]