三和管桩(003037) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,264,966,343.54, a decrease of 15.87% compared to ¥1,503,543,481.29 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥10,848,529.23, representing a decline of 153.38% from a profit of ¥20,323,736.88 in the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥18,216,035.25, a decrease of 226.72% compared to a profit of ¥14,375,195.09 last year[5] - The basic earnings per share for Q1 2024 was -¥0.0181, down 144.91% from ¥0.0403 in the same period last year[5] - The net profit for Q1 2024 was a loss of CNY 11,014,091.62, compared to a profit of CNY 20,226,828.03 in Q1 2023, representing a significant decline[22] - The company reported a total comprehensive loss of CNY 11,018,856.62 for Q1 2024, compared to a comprehensive income of CNY 20,214,636.43 in Q1 2023[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥6,486,650,003.58, a decrease of 1.67% from ¥6,596,504,907.85 at the end of the previous year[5] - The total liabilities decreased to CNY 3,692,654,332.26 from CNY 3,789,502,489.64 at the beginning of the year, a reduction of approximately 2.6%[19] - The equity attributable to shareholders was ¥2,770,805,832.96, down 0.46% from ¥2,783,647,017.46 at the end of the previous year[5] - The total equity attributable to shareholders was CNY 2,770,805,832.96, slightly down from CNY 2,783,647,017.46 at the start of the year[19] Cash Flow - The net cash flow from operating activities was -¥291,854,764.15, a slight increase in loss of 4.70% compared to -¥278,765,172.60 in the same period last year[5] - The total cash inflow from operating activities for Q1 2024 was CNY 780,962,156.41, a decrease of 26.9% compared to CNY 1,067,660,895.74 in Q1 2023[23] - The net cash outflow from operating activities was CNY -291,854,764.15, slightly worsening from CNY -278,765,172.60 in the previous year[23] - Cash inflow from investment activities totaled CNY 331,850,415.52, a minor decrease from CNY 333,490,114.56 in Q1 2023[24] - The net cash outflow from investment activities was CNY -164,879,137.45, improving from CNY -210,001,683.53 in the same period last year[24] - Cash inflow from financing activities was CNY 330,125,236.03, down from CNY 393,143,668.32 in Q1 2023[24] - The net cash inflow from financing activities was CNY 52,411,352.95, a significant decrease from CNY 168,350,917.98 in the previous year[24] - The ending balance of cash and cash equivalents was CNY 989,162,934.50, an increase from CNY 625,363,500.69 year-over-year[24] Shareholder Information - The company reported a total of 27,266 common shareholders at the end of the reporting period[11] - The largest shareholder, Guangdong Sanhe Building Materials Group Co., Ltd., holds 49.65% of the shares, totaling 297,411,800 shares[11] Operational Insights - The company plans to focus on cost control and operational efficiency to improve future performance amid declining revenues[20] - The company approved a share repurchase plan with a total fund of no less than RMB 10 million and no more than RMB 20 million, with a maximum repurchase price of RMB 12.21 per share[14] - The company plans to use the repurchased shares for employee stock ownership plans or equity incentives[14] Inventory and Receivables - Current assets totaled RMB 3,748,724,902.13, down from RMB 3,853,898,615.04 at the start of the quarter[17] - Cash and cash equivalents decreased to RMB 1,075,931,390.84 from RMB 1,452,142,801.64[15] - Accounts receivable increased to RMB 1,106,506,219.07 from RMB 819,305,893.92, indicating a significant rise in credit sales[15] - The company reported a decrease in inventory to RMB 469,187,563.72 from RMB 407,923,691.98, indicating improved inventory management[15] Research and Development - Research and development expenses for Q1 2024 were CNY 10,811,120.87, a slight decrease from CNY 11,009,944.43 in the previous year[20] Audit Status - The company has not yet audited the Q1 2024 report, indicating potential for adjustments in future disclosures[25]