三祥新材(603663) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥255,757,551.73, representing a decrease of 14.18% compared to the same period last year[6]. - The net profit attributable to shareholders was ¥19,281,643.19, down 46.69% year-over-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,083,025.48, a decline of 59.12% compared to the previous year[6]. - Basic earnings per share were ¥0.05, down 58.33% from the same period last year[6]. - Total operating revenue for Q1 2024 was ¥255,757,551.73, a decrease of 14.15% compared to ¥298,011,918.57 in Q1 2023[40]. - Net profit for Q1 2024 was ¥22,503,003.65, down 40.73% from ¥38,024,738.85 in Q1 2023[32]. - The total comprehensive income for the first quarter of 2024 is CNY 20,945,281.60, a decrease from CNY 38,024,738.85 in the same period of 2023[41]. - The net profit attributable to the parent company for the first quarter of 2024 is CNY 17,723,921.14, down from CNY 36,034,504.78 year-over-year[41]. - Basic and diluted earnings per share for the first quarter of 2024 are both CNY 0.05, compared to CNY 0.12 in the first quarter of 2023[41]. Cash Flow and Investments - The net cash flow from operating activities was ¥14,907,343.85, reflecting a decrease of 43.00% year-over-year[6]. - Cash inflows from operating activities for the first quarter of 2024 amount to CNY 336,925,827.46, an increase from CNY 256,740,063.64 in the previous year[45]. - Cash outflows from operating activities for the first quarter of 2024 total CNY 322,018,483.61, compared to CNY 230,586,176.15 in the same period of 2023[45]. - The net cash flow from operating activities for the first quarter of 2024 is CNY 14,907,343.85, down from CNY 26,153,887.49 year-over-year[45]. - Cash inflows from investing activities for the first quarter of 2024 are CNY 7,224,586.34, a decrease from CNY 45,126,953.34 in the previous year[46]. - The net cash flow from investing activities for the first quarter of 2024 is -CNY 31,862,584.08, compared to -CNY 43,707,180.66 in the same period of 2023[46]. - Cash inflows from financing activities for the first quarter of 2024 total CNY 104,862,913.52, up from CNY 72,635,655.39 year-over-year[46]. - The net increase in cash and cash equivalents for the first quarter of 2024 is CNY 25,642,891.82, compared to CNY 40,739,061.79 in the same period of 2023[46]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,109,317,362.16, an increase of 4.50% from the previous year[9]. - The equity attributable to shareholders was ¥1,279,655,293.86, up 1.67% from the end of the previous year[9]. - Total assets increased to ¥2,109,317,362.16 in Q1 2024 from ¥2,018,525,327.71 in Q1 2023, reflecting a growth of 4.5%[36]. - Total liabilities rose to ¥741,372,096.34 in Q1 2024 from ¥675,172,929.18 in Q1 2023, an increase of 9.79%[37]. - The company's cash and cash equivalents increased to ¥354,704,217.18 in Q1 2024 from ¥213,477,087.50 in Q1 2023, a significant increase of 66.0%[36]. Operational Metrics - The weighted average return on equity was 1.52%, an increase of 1.42 percentage points compared to the end of the previous year[9]. - Significant changes in financial metrics included a 103.53% increase in prepayments due to increased procurement payments[12]. - The company's long-term equity investments slightly decreased to RMB 119,828,531.97 from RMB 122,350,805.44, a reduction of approximately 2.1%[28]. - The total current assets reached RMB 906,222,634.70, compared to RMB 801,871,623.20 at the end of 2023, reflecting a growth of approximately 13%[28]. - Inventory decreased to RMB 287,817,964.97 from RMB 304,836,663.04, showing a decline of about 5.6%[28]. - The company reported a significant increase in prepayments, which rose to RMB 22,726,596.33 from RMB 11,166,219.83, marking an increase of approximately 103%[28]. Research and Development - Research and development expenses decreased to ¥10,953,417.24 in Q1 2024 from ¥14,900,156.11 in Q1 2023, a decline of 26.3%[32]. Shareholder and Corporate Changes - The company has not disclosed any new strategies or mergers and acquisitions during the reporting period[26]. - There were no significant changes in shareholder structure, with major shareholders maintaining their stakes[22]. - The company did not report any new products or technological developments in this quarter[26].