江南化工(002226) - 2024 Q1 - 季度财报

Revenue and Sales Performance - Sales revenue from goods and services received in cash was 1,302,183,422.10 yuan, a decrease from the previous period's 1,349,726,296.17 yuan[1] - Revenue for the reporting period increased by 18.44% to 1,981,722,498.77 yuan compared to the same period last year[43] - Operating revenue rose to 1,981,722,498.77 yuan, compared to 1,673,120,718.03 yuan in the previous period[56] Cash Flow Analysis - Total cash inflows from operating activities were 1,353,476,595.99 yuan, down from 1,473,865,267.87 yuan in the previous period[1] - Net cash flow from operating activities was -45,775,817.67 yuan, a decrease of 1255.77%, mainly due to reduced sales collections and market factors[21] - Net cash flow from financing activities was -80,051,707.13 yuan, a decrease of 126.23%, due to reduced external financing and dividend payments[21] - Net cash flow from operating activities was -45.78 million, a significant decrease from 3.96 million in the previous period[30] - Net cash flow from investing activities was -178.95 million, compared to -205.51 million in the previous period[30] - Net cash flow from financing activities was -80.05 million, a sharp decline from 305.19 million in the previous period[30] - Total cash and cash equivalents decreased by 304.53 million, compared to an increase of 98.62 million in the previous period[30] - Net cash flow from operating activities decreased significantly by 1,255.77% to -45,775,817.67 yuan[43] - Cash and cash equivalents decreased to 1,627,561,209.63 yuan from 1,940,601,594.59 yuan[53] Profit and Earnings - Total profit increased by 42.27% to 243,441,071.47 yuan, primarily due to higher operating income[21] - Operating profit increased to 244.17 million, up from 172.46 million in the previous period[37] - Net profit rose to 192.73 million, compared to 136.77 million in the previous period[37] - Net profit attributable to shareholders of the listed company rose by 29.63% to 144,517,249.30 yuan[43] - Basic earnings per share increased to 0.0546, up from 0.0421 in the previous period[39] - Basic earnings per share increased by 29.69% to 0.0546 yuan per share[43] Expenses and Costs - R&D expenses increased to 40.07 million, up from 31.37 million in the previous period[37] - Sales expenses rose to 30.86 million, compared to 27.88 million in the previous period[37] - Management expenses increased to 177.65 million, up from 151.96 million in the previous period[37] - Operating costs increased to 1,756,066,414.15 yuan, up from 1,525,703,266.99 yuan[56] Assets and Liabilities - Total liabilities decreased to 6,809,075,267.48 yuan from 6,883,155,532.27 yuan in the previous period[27] - Total equity increased to 10,116,806,551.81 yuan from 9,866,146,381.62 yuan, reflecting growth in retained earnings and minority interests[27] - Total assets grew by 1.05% to 16,925,881,819.29 yuan compared to the end of the previous year[43] - Total assets increased to 16,925,881,819.29 yuan, up from 16,749,301,913.89 yuan at the beginning of the period[54] - Accounts receivable grew to 3,810,521,847.32 yuan, up from 3,383,261,757.23 yuan[53] - Inventory increased to 617,854,885.53 yuan, compared to 586,869,157.36 yuan[54] - Fixed assets rose to 6,641,336,908.32 yuan, up from 6,591,471,511.15 yuan[54] - Short-term borrowings increased to 565,181,750.51 yuan, compared to 506,700,468.58 yuan[54] - Accounts payable grew to 1,216,691,852.42 yuan, up from 1,182,368,191.35 yuan[54] - Contract liabilities decreased to 131,852,188.50 yuan from 147,201,965.30 yuan[54] Investment and Other Income - Other income increased by 33.17% to 15,798,809.62 yuan due to increased VAT refunds in the new energy industry[21] - Investment income surged by 480.59% to 5,970,179.50 yuan, driven by increased investment income from partnerships and disposal of equity investments[21] - Non-current asset disposal gains amounted to 2,522,399.74 yuan, mainly from long-term equity investments and other non-current assets[47] - Government subsidies, excluding VAT refunds, totaled 10,007,304.30 yuan[47] - Fair value changes and disposal gains from financial assets and liabilities amounted to 12,426,000.00 yuan, mainly due to stock price changes of Xuefeng Technology[47] Credit and Impairment - Credit impairment losses decreased by 1173.42% to -15,888,922.70 yuan due to reduced receivables and financial asset impairment provisions[21] Shareholder Information - The top 10 shareholders hold a significant portion of the company's shares, with Northern Special Energy Group Co., Ltd. holding the largest stake at 19.70%[51] - The company's major shareholders include state-owned entities and investment partnerships, with some shareholders being considered as acting in concert under the "Administrative Measures for the Acquisition of Listed Companies"[52]