天安新材(603725) - 2024 Q1 - 季度财报

Financial Performance - Total operating revenue for Q1 2024 was ¥525,940,472, a decrease of 1.22% from ¥536,596,037 in Q1 2023[14] - Total operating costs for Q1 2024 were ¥516,153,187, down 2.71% from ¥530,528,509 in Q1 2023[14] - Net profit attributable to shareholders for Q1 2024 was ¥104,210,706, an increase from ¥91,945,002 in Q1 2023, representing a growth of 13.83%[10] - Total net profit for Q1 2024 reached CNY 12,883,144.18, an increase of 24.8% compared to CNY 10,319,788.52 in Q1 2023[31] - Operating profit for Q1 2024 was CNY 18,014,547.93, up from CNY 13,755,482.92 in the same period last year, reflecting a growth of 30.3%[31] - The company reported a total revenue of CNY 583,683,569.11 from sales of goods and services in Q1 2024, compared to CNY 586,697,297.76 in Q1 2023, indicating a minor decline of 0.4%[33] - Total comprehensive income reached CNY 12,883,144.18, up from CNY 10,319,788.52, representing a growth of approximately 24.8% year-over-year[41] - Net profit attributable to the parent company was CNY 12,265,703.43, compared to CNY 8,123,876.58 in the previous period, indicating a year-over-year increase of about 51.5%[41] - Basic and diluted earnings per share increased to CNY 0.056 from CNY 0.039, reflecting a growth of approximately 43.6%[41] Expenses and Costs - Research and development expenses for Q1 2024 were ¥14,859,822, a decrease of 40.19% compared to ¥24,846,952 in Q1 2023[14] - Cash flow from operating activities decreased by 71.44% to CNY 11,248,638.20[22] - The company’s cash flow from other operating activities was CNY 16,148,586.04 in Q1 2024, down from CNY 24,203,604.07 in Q1 2023, a decrease of 33.3%[33] - Net cash flow from operating activities was CNY 11,248,638.20, down from CNY 39,381,660.75, a decline of about 71.5%[47] Assets and Liabilities - Total liabilities decreased to ¥1,904,252,061.90 in Q1 2024 from ¥1,974,151,964.46 in Q4 2023, a reduction of 3.53%[10] - The company's total equity increased to ¥859,559,591.20 in Q1 2024 from ¥846,676,447.02 in Q4 2023, reflecting a growth of 1.47%[10] - The company reported a decrease in accounts receivable to ¥464,341,290.24 in Q1 2024 from ¥516,028,989.82 in Q4 2023, a decline of 10.00%[17] - The company's total assets decreased by 2.02% to CNY 2,763,811,653.10 compared to the end of the previous year[25] - Inventory decreased from CNY 452,964,707.87 to CNY 439,195,765.99[20] - Long-term equity investments decreased from CNY 10,118,151.29 to CNY 9,163,946.16[20] - The company reported a decrease in accounts payable from CNY 319,930,904.96 to CNY 275,043,724.95[20] Cash Flow - Cash and cash equivalents were ¥384,668,246.30 as of March 31, 2024, down from ¥404,823,888.44 at the end of 2023[17] - Cash flow from investing activities showed a net outflow of CNY 24,026,748.83, an improvement from a net outflow of CNY 43,332,310.79 in the previous period[47] - Cash flow from financing activities generated a net inflow of CNY 45,335,267.46, compared to a net outflow of CNY 58,560,853.86 previously, marking a significant turnaround[47] - The ending cash and cash equivalents balance increased to CNY 330,565,569.85 from CNY 302,000,931.71, representing a growth of approximately 9.5%[47] - Total cash outflow for operating activities was CNY 592,405,821.73, slightly up from CNY 576,428,377.06, indicating a marginal increase of about 2.5%[47] Shareholder Information - The number of shareholders at the end of the reporting period was 15,170, with the largest shareholder holding 34.85% of the shares[29] - The company’s major shareholder, Wu Qichao, is also the actual controller, indicating a concentrated ownership structure[29] Strategic Developments - The company has not disclosed any new product launches or significant market expansion strategies during this reporting period[5] - The company has not disclosed any new product developments or market expansion strategies in the current report[32] - The company did not report any net profit from subsidiaries prior to consolidation, consistent with the previous period[41] - The company is not applying new accounting standards or interpretations for the current year[48]