高盟新材(300200) - 2024 Q1 - 季度财报

Financial Performance - Total revenue from sales of goods and services received in Q1 2024 was CNY 208,659,063.07, an increase from CNY 176,010,112.61 in the same period last year[30]. - The company's operating revenue for Q1 2024 was CNY 324,650,017.18, an increase of 33.48% compared to CNY 243,216,379.29 in Q1 2023[55]. - The net profit for Q1 2024 was CNY 52,622,372.09, up from CNY 36,867,458.04 in Q1 2023, reflecting a significant improvement in profitability[44]. - The basic and diluted earnings per share for Q1 2024 were both CNY 0.12, compared to CNY 0.09 in Q1 2023[45]. - Net profit attributable to shareholders for the current period is ¥52,666,311.15, reflecting a 40.64% increase year-over-year[65]. - The net profit after deducting non-recurring gains and losses is ¥47,724,827.28, which is a 41.57% increase compared to the previous year[65]. Cash Flow - The company's cash flow from operating activities for Q1 2024 was CNY 17,168,896.71, a decrease of 23.5% compared to CNY 22,387,998.70 in Q1 2023[30]. - The net cash flow from investing activities decreased by 98.12% to ¥9,654,085.40 compared to ¥512,629,771.18 in the same period last year[32]. - The net cash flow from financing activities saw a significant decline of 2,345.49%, amounting to -¥99,199,644.47, down from -¥4,056,430.55[32]. - The company reported a net increase in cash and cash equivalents of -71,893,439.28 RMB for the current period, compared to an increase of 530,362,048.60 RMB in the previous period[91]. - The cash and cash equivalents at the end of the period totaled 86,687,373.25 RMB, down from 682,347,272.80 RMB at the beginning of the period, showing a decline of approximately 87.3%[91]. Assets and Liabilities - The company's cash and cash equivalents decreased by 41.75%, from CNY 182,185,665.35 at the end of 2023 to CNY 106,127,130.09 as of March 31, 2024[6]. - The total assets decreased from ¥2,102,681,804.89 to ¥2,009,337,383.18, reflecting a reduction of approximately 4.43%[41]. - The company's total liabilities decreased to CNY 445,140,133.35 from CNY 520,324,258.20, indicating a reduction in financial obligations[52]. - The accounts payable decreased from ¥122,848,842.92 to ¥108,592,475.09, a decline of approximately 11.6%[41]. - The company's fixed assets decreased from ¥250,443,851.73 to ¥245,083,963.44, a decline of about 2.3%[41]. Income and Expenses - The income tax expense increased by 39.86%, amounting to an increase of CNY 2,104,300.00 compared to the previous year[18]. - The financial expenses for Q1 2024 were reported at CNY -5,591,426.33, a significant increase in costs compared to CNY -1,486,340.64 in Q1 2023[55]. - Total operating costs increased to 269,931,379.97 RMB from 210,443,537.68 RMB, reflecting a rise of about 28.3%[88]. - Research and development expenses amounted to 18,124,037.30 RMB, compared to 16,625,404.07 RMB in the previous period, indicating an increase of approximately 9.0%[88]. Shareholder Information - The number of unrestricted shares held by the top ten shareholders decreased, with a total of 7,189,719.00 shares remaining at the end of the period[36]. - The company plans to submit proposals regarding stock incentive plans to the shareholders' meeting for approval, indicating ongoing strategic initiatives[38]. - The company is actively managing its stock incentive plans, with a total of 548.2373 million shares subject to vesting conditions[38]. - The company intends to repurchase shares with a total amount not less than ¥50 million and not exceeding ¥100 million, at a price not exceeding ¥11.00 per share[83]. - The company repurchased a total of 13,524,080 shares, accounting for 3.14% of the total share capital, with a total amount of 74,306,269.60 RMB[84]. Other Financial Metrics - The company's weighted average return on equity increased to 3.39%, up from 1.91% in the same period last year[65]. - The company experienced a 47.04% decrease in trading financial assets compared to the beginning of the year, primarily due to reduced purchases of financial products[53]. - The total amount of non-recurring gains and losses for the reporting period was CNY 4,941,483.87[5]. - The company reported a 205.17% increase in other receivables, rising to CNY 15,999,000.00, attributed to business deposits and unclaimed employee reimbursements[53]. - The company's inventory decreased to 126,465,179.00 RMB from 148,041,384.88 RMB, indicating a reduction of about 14.6%[85].