Financial Performance - Operating revenue for the first quarter of 2024 was CNY 151,783,751.37, down 12.66% year-on-year from CNY 173,780,432.60[9] - Net profit attributable to shareholders for the first quarter of 2024 was CNY 5,136,592.05, a decline of 67.39% compared to CNY 15,750,415.65 in the same period last year[9] - Total operating revenue for Q1 2024 was CNY 151,783,751.37, a decrease of 12.6% compared to CNY 173,780,432.60 in Q1 2023[30] - Net profit for Q1 2024 was CNY 5,136,592.05, a significant decrease of 67.4% from CNY 15,750,415.65 in Q1 2023[31] - Total comprehensive income attributable to the parent company was CNY 5,136,592.05, a decrease from CNY 15,750,415.65 in the same period last year[32] - Basic and diluted earnings per share were both CNY 0.06, down from CNY 0.26 year-over-year[32] Cash Flow - The net cash flow from operating activities was CNY -26,479,965.32, representing a decrease of 34.60% compared to CNY -19,673,045.04 in the previous year[9] - Cash inflow from operating activities totaled CNY 125,702,764.03, compared to CNY 151,404,766.90 in the previous year, reflecting a decline of approximately 17%[32] - Cash outflow from operating activities was CNY 152,182,729.35, leading to a net cash flow from operating activities of CNY -26,479,965.32, compared to CNY -19,673,045.04 last year[33] - Cash flow from investing activities resulted in a net outflow of CNY 49,308,098.98, significantly higher than CNY -6,030,270.53 in the same period last year[33] - Cash flow from financing activities showed a net outflow of CNY -1,927,193.28, contrasting with a net inflow of CNY 16,585,394.41 in the previous year[33] - The ending cash and cash equivalents balance was CNY 111,580,530.25, down from CNY 48,362,166.32 year-over-year[33] Assets and Liabilities - Total assets as of March 31, 2024, were CNY 885,683,375.50, a decrease of 0.68% compared to the end of the previous year[9] - The total assets decreased to CNY 885,683,375.50 from CNY 891,717,262.44, a decline of 0.4%[29] - Total liabilities decreased to CNY 363,590,536.02 from CNY 374,761,015.01, a reduction of 3.1%[29] - The company's total equity increased to CNY 522,092,839.48 from CNY 516,956,247.43, an increase of 1.0%[29] - As of March 31, 2024, the company's total current assets amounted to 428,339,677.38 yuan, slightly down from 432,407,195.16 yuan at the end of 2023[27] Shareholder Information - The total number of ordinary shares at the end of the reporting period was 81,333,334, with 2,288 shareholders[16] - The company reported a total of 67,330,593 shares held by the top ten shareholders, representing 82.78% of total shares[18] - The largest shareholder, Anqi Yeast, holds 39,650,000 shares, accounting for 48.75% of total shares[17] Other Financial Metrics - The weighted average return on net assets based on net profit attributable to shareholders was 0.99%, down from 4.43% in the previous year[9] - Research and development expenses for Q1 2024 were CNY 5,945,316.45, slightly up from CNY 5,804,687.02 in Q1 2023[30] - The company reported a credit impairment loss of CNY -1,346,608.73, an improvement from CNY -2,258,617.48 in Q1 2023[31] - Deferred income decreased to CNY 8,500,749.95 from CNY 8,813,749.94, a decline of 3.5%[29] Inventory and Assets Management - The company’s inventory as of March 31, 2024, was valued at 135,129,508.97 yuan, up from 129,700,606.56 yuan at the end of 2023[27] - The company utilized 39 million yuan of idle raised funds to purchase large transferable certificates of deposit from a related party[23] - The company has not disclosed any major asset acquisitions or disposals during the reporting period[22] - The company has no pledges or judicial freezes on shares held by shareholders exceeding 5%[19] - The company has not engaged in any litigation or arbitration matters during the reporting period[22]
宏裕包材(837174) - 2024 Q1 - 季度财报