山子股份(000981) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,179,793,484.40, representing a 2.07% increase compared to ¥1,155,834,715.81 in the same period last year[7] - Net profit attributable to shareholders was ¥458,195,724.69, a significant turnaround from a loss of ¥197,108,113.62, marking a 332.46% increase[7] - Basic earnings per share were ¥0.046, up 333.50% from a loss of ¥0.0197 per share in the same quarter last year[7] - Operating profit for the current period was ¥437,998,108.77, a significant recovery from a loss of ¥241,136,967.41 in the previous period[41] - Net profit for the current period was ¥449,565,289.69, compared to a net loss of ¥216,660,647.98 in the previous period, indicating a turnaround in profitability[41] - The total comprehensive income amounted to 465,951,281.17, contrasting with a loss of -205,072,332.18 in the prior period[46] Cash Flow - The net cash flow from operating activities reached ¥659,931,994.67, compared to a negative cash flow of ¥435,509,566.22 in the previous year, reflecting a 251.53% improvement[7] - Total cash inflow from operating activities reached 1,975,039,187.51, up from 1,242,058,601.82 in the previous period[46] - The net cash flow from investing activities was -89,219,548.89, an improvement from -117,092,366.24 in the previous period[44] - Cash and cash equivalents at the end of the period totaled 1,042,300,359.27, compared to 974,133,023.03 in the previous period[44] - The company reported a total cash outflow from financing activities of 40,139,712.40, compared to 209,200,064.66 in the previous period[44] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,009,464,245.02, a 3.83% increase from ¥14,455,150,099.82 at the end of the previous year[7] - The total liabilities amounted to ¥11,447,667,507.03, a slight increase from ¥11,359,165,514.66, reflecting ongoing financial obligations[41] - The total current liabilities amounted to RMB 3,000,000,000, with short-term borrowings at RMB 1,008,636,568.10[34] - The company reported a total of RMB 1,957,603,586.33 in fixed assets, down from RMB 2,029,640,289.33, a decrease of approximately 3.5%[37] Shareholder Information - Shareholders' equity attributable to the parent company increased by 16.25% to ¥3,393,291,483.20 from ¥2,918,848,895.36[7] - The number of ordinary shareholders at the end of the reporting period was 60,826, with the top ten shareholders holding a significant portion of the shares[13] - The total equity attributable to shareholders of the parent company increased to ¥3,393,291,483.20 from ¥2,918,848,895.36, indicating improved shareholder value[41] Government Support and Non-Recurring Gains - The company reported non-recurring gains of ¥447,229,753.84, primarily from government subsidies and asset disposals[8] - The company received government subsidies amounting to RMB 800 million on January 29, 2024, as cash support for industrial development[32] Operational Efficiency - Total operating costs decreased to ¥1,275,995,915.04 from ¥1,375,717,203.74, reflecting a reduction of about 7.3%[41] - Financial expenses decreased significantly to ¥48,624,852.60 from ¥90,420,353.96, indicating improved cost management[41] - Other income surged to ¥502,632,729.90 from ¥2,488,594.70, contributing positively to overall financial performance[41] Inventory and Receivables - Accounts receivable rose to RMB 907,411,159.78 from RMB 859,779,618.77, indicating an increase of approximately 5.5%[34] - The company's inventory decreased slightly to RMB 2,896,675,796.98 from RMB 2,928,185,873.38, a decline of about 1.1%[37] - The company’s other receivables increased to RMB 630,097,115.68 from RMB 330,747,198.44, reflecting a growth of approximately 90.5%[37] Future Plans - The company plans to divest its real estate business, with total asset values of ¥133,262.4546 million, to optimize its asset and business structure[18] - The company plans to change its stock name from "Shanzi Co., Ltd." to "Shanzi High-Tech" effective March 25, 2024[26] Research and Development - Research and development expenses increased slightly to ¥61,051,464.24 from ¥60,931,936.46, showing a commitment to innovation[41]