海鸥住工(002084) - 2024 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2024 reached ¥676,695,995.13, an increase of 16.22% compared to ¥582,260,374.88 in the same period last year[4] - Net profit attributable to shareholders was ¥6,375,099.59, a significant turnaround from a loss of ¥29,051,521.13, representing a 121.94% increase[4] - Net profit excluding non-recurring items was ¥5,700,960.55, up 122.27% from a loss of ¥25,603,005.34 in the previous year[4] - Basic earnings per share improved to ¥0.0099 from a loss of ¥0.0450, marking a 122.00% increase[4] - Operating profit for Q1 2024 was CNY 7,798,172.83, a significant recovery from a loss of CNY 31,895,408.77 in the same period last year[19] - Net profit for Q1 2024 reached CNY 3,354,704.68, compared to a net loss of CNY 33,987,593.47 in Q1 2023[19] Cash Flow and Liquidity - Operating cash flow for the quarter was ¥80,187,114.99, reflecting a 66.02% increase from ¥48,300,261.53[4] - The company's cash and cash equivalents at the end of the quarter amounted to RMB 735,701,605.19, up from RMB 618,419,458.58 at the beginning of the quarter, representing a growth of 19.0%[14] - Cash flow from operating activities for Q1 2024 was CNY 80,187,114.99, an increase from CNY 48,300,261.53 in Q1 2023[23] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 682,238,573.83, up from CNY 498,162,777.22 at the end of Q1 2023[23] Assets and Liabilities - Total assets at the end of the quarter were ¥3,716,466,522.99, a slight increase of 0.49% from ¥3,698,279,506.95 at the end of the previous year[4] - Total liabilities increased to RMB 1,960,145,964.25 from RMB 1,932,195,433.93, reflecting an increase of 1.5%[16] - The company's equity attributable to shareholders decreased slightly to RMB 1,626,076,216.32 from RMB 1,631,224,625.69, a decrease of 0.3%[16] - Long-term borrowings increased by 41.74% to ¥217,805,571.34, up from ¥153,662,565.45[8] - The company’s long-term borrowings increased to RMB 217,805,571.34 from RMB 153,662,565.45, an increase of 41.8%[16] Operational Efficiency - Total operating costs for Q1 2024 were CNY 668,344,480.95, an increase of 8.8% compared to CNY 614,495,521.21 in Q1 2023[19] - The company reported a 34.82% decrease in notes receivable, down to ¥43,004,228.48 from ¥65,974,913.14[8] - Accounts receivable decreased to RMB 673,396,025.72 from RMB 704,974,966.53, reflecting a decline of 4.5%[15] - Inventory decreased to RMB 754,530,470.54 from RMB 786,571,895.19, indicating a reduction of 4.1%[15] - The company reported a decrease in accounts payable to RMB 379,243,324.09 from RMB 424,539,534.51, a decline of 10.6%[16] Research and Development - Research and development expenses for Q1 2024 were CNY 15,613,610.17, down from CNY 18,782,430.30 in Q1 2023[19] Investment and Financing Activities - Investment activities resulted in a net cash outflow of CNY 20,666,577.29 in Q1 2024, an improvement from a net outflow of CNY 84,005,108.01 in Q1 2023[23] - Financing activities generated a net cash inflow of CNY 64,132,544.77 in Q1 2024, compared to a net outflow of CNY 13,100,390.48 in Q1 2023[23]