太和水(605081) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥38,939,378.30, representing a decrease of 16.61% compared to the same period last year[5] - Net profit attributable to shareholders of the listed company increased by 185.38% to ¥5,296,315.79[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses rose by 118.17% to ¥4,036,380.21[5] - The basic and diluted earnings per share were both ¥0.05, reflecting an increase of 150.00%[5] - Total operating revenue for Q1 2024 was ¥38,939,378.30, a decrease of 16.9% compared to ¥46,696,685.66 in Q1 2023[16] - Net profit for Q1 2024 was ¥5,335,693.71, compared to ¥1,856,025.54 in Q1 2023, representing a significant increase of 187.5%[17] - Basic earnings per share for Q1 2024 rose to ¥0.05, up from ¥0.02 in Q1 2023[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,632,778,617.62, a decrease of 2.85% from the end of the previous year[6] - The company's current assets totaled RMB 1,121,442,812.84, down from RMB 1,171,976,875.44, indicating a decrease of about 4.3%[13] - Accounts receivable decreased to RMB 412,447,373.69 from RMB 471,504,031.57, representing a decline of approximately 12.5%[12] - Inventory increased to RMB 51,795,214.79 from RMB 47,088,149.10, showing an increase of about 10.5%[13] - The total liabilities decreased to RMB 317,253,061.13 from RMB 370,445,294.72, a reduction of approximately 14.3%[14] - The company's cash and cash equivalents were reported at RMB 357,195,068.14, down from RMB 373,677,222.19, reflecting a decrease of about 4.4%[12] - The company's contract liabilities decreased to RMB 7,667,892.89 from RMB 9,806,942.04, indicating a decline of approximately 21.8%[14] - The non-current assets totaled RMB 511,335,804.78, slightly up from RMB 508,658,282.06, showing a marginal increase of about 0.3%[13] - The total liabilities and equity amounted to ¥1,632,778,617.62 in Q1 2024, down from ¥1,680,635,157.50 in Q1 2023[15] Shareholder Information - Shareholders' equity attributable to shareholders of the listed company was ¥1,314,353,473.92, an increase of 0.40% from the previous year[6] - The number of ordinary shareholders at the end of the reporting period was 14,778[10] - The largest shareholder, He Wenhui, holds 22.56% of the shares, with 25,553,567 shares frozen[10] - The total equity attributable to shareholders increased to ¥1,314,353,473.92 in Q1 2024, compared to ¥1,309,057,158.13 in Q1 2023[15] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of ¥7,725,844.08 in Q1 2024, an improvement from a net outflow of ¥28,204,268.15 in Q1 2023[18] - The net cash flow from investment activities was $41,515,393.47, a decrease from$95,321,709.92 in the previous period[19] - The total cash inflow from investment activities amounted to $102,150,000.00, while cash outflow was$60,634,606.53, resulting in a net inflow[19] - The net cash flow from financing activities was -$795,747.24, compared to -$1,814,948.41 in the previous period, indicating a reduced outflow[19] - The ending balance of cash and cash equivalents was $266,621,557.31, down from$278,981,092.11 in the previous period[19] - The company received $1,616,402.86 in cash from borrowings during the financing activities[19] - Cash paid for investment activities totaled$60,634,606.53, which includes $50,000,000.00 for investment payments[19] - The net increase in cash and cash equivalents for the period was$32,993,802.15, compared to $65,302,493.36 in the previous period[19] - The company disposed of fixed assets and other long-term assets, generating cash inflow of$5,450.00[19] - The cash flow from financing activities included cash outflow of $795,747.24 related to other financing activities[19] Other Financial Metrics - The weighted average return on equity increased by 0.28 percentage points to 0.40%[5] - The company reported a significant increase in other income, which rose to ¥2,804,866.95 in Q1 2024 from ¥171,826.16 in Q1 2023[16] - Research and development expenses decreased to ¥2,502,475.93 in Q1 2024 from ¥3,617,904.77 in Q1 2023, a reduction of 30.8%[16] - The company achieved a net exchange gain of ¥12,623,096.59 in Q1 2024, indicating effective currency management strategies[17] - The company reported a significant reduction in employee compensation payable, which decreased to RMB 4,320,256.28 from RMB 10,838,790.76, a decline of approximately 60.1%[14] - The company did not apply new accounting standards or interpretations for the current year[19]