CSI Intelligent Financial Information Nanjing Chemical Fiber (600889) disclosed its first quarter report for 2024 on April 26.
In the first quarter of 2024, the company achieved a total operating income of 106 million yuan, a year-on-year increase of 2.05%; a net profit loss attributable to the parent company was 32.6083 million yuan, a loss of 44.2129 million yuan in the same period last year; a loss after deducting non-net profits was 32.9967 million yuan, a loss in the same period last year 44.6374 million yuan; the net cash flow generated from operating activities was -46.1274 million yuan, compared with -89.6063 million yuan in the same period last year; during the reporting period, Nanjing Chemical Fiber\’s basic earnings per share was -0.09 yuan, and the weighted average return on net assets was – 3.81%.
In the first quarter of 2024, the company\’s gross profit margin was -2.86%, an increase of 8.97 percentage points year-on-year; the net profit margin was -33.49%, an increase of 13.05 percentage points compared with the same period last year.
Data show that the company\’s weighted average return on net assets in the first quarter of 2024 was -3.81%, an increase of 0.48 percentage points from the same period last year; the company\’s return on invested capital in the first quarter of 2024 was -2.80%, an increase of 0.79 from the same period last year. percentage points.
In the first quarter of 2024, the company\’s net cash flow from operating activities was -46.1274 million yuan, a year-on-year increase of 43.479 million yuan; the net cash flow from financing activities was 60.9271 million yuan, a year-on-year increase of 52.5386 million yuan; the net cash flow from investing activities was -17.546 million yuan yuan, compared with 55.2676 million yuan in the same period last year.
In the first quarter of 2024, the company\’s operating income to cash ratio was 83.97%.
In terms of major changes in assets, as of the end of the first quarter of 2024, the company\’s fixed assets decreased by 2.12% from the end of the previous year, and the proportion of the company\’s total assets decreased by 2.98 percentage points; inventory increased by 27.57% from the end of the previous year, and the proportion of the company\’s total assets increased by 1.81 percentage points; Prepayments increased by 149.45% compared with the end of the previous year, and the proportion of the company\’s total assets increased by 0.77 percentage points; other current assets increased by 52.51% from the end of the previous year, and the proportion of the company\’s total assets increased by 0.52 percentage points.
In terms of major changes in liabilities, as of the end of the first quarter of 2024, the company\’s accounts payable increased by 29.71% from the end of the previous year, and the proportion of the company\’s total assets increased by 1.75 percentage points; long-term borrowings increased by 13.47% from the end of the previous year, and the proportion of the company\’s total assets increased by 1.00 percentage points. percentage points; other current liabilities increased by 49.65% from the end of the previous year, and the proportion of the company\’s total assets increased by 1.36 percentage points; short-term borrowings increased by 51.79% from the end of the previous year, and the proportion of the company\’s total assets increased by 1.07 percentage points.
The first quarter report shows that among the company\’s top ten tradable shareholders at the end of the first quarter of 2024, the new shareholders are Sun Hongbo, Nanjing Textile Industry (Group) Co., Ltd., and Wu Xueqin, replacing CITIC Securities Co., Ltd. and Huatai Securities Co., Ltd. at the end of the previous year. Company, Guotai Junan Securities Co., Ltd.
In terms of specific shareholding ratios, the shareholdings of Jiangsu Hongjing Pharmaceutical Investment Co., Ltd. and China International Capital Corporation have increased.
In terms of chip concentration, as of the end of the first quarter of 2024, the total number of shareholders of the company was 26,300, an increase of 1,690 households or 6.87% from the end of the previous year; the average shareholding value of each household dropped from 85,800 yuan at the end of the previous year to 62,900 yuan, a decrease of 26.69%.
