卓越新能(688196) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥868,441,483.85, representing a decrease of 3.09% compared to the same period last year[5] - Net profit attributable to shareholders was ¥29,028,166.78, down 59.23% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥24,082,524.06, a decline of 64.60% compared to the previous year[5] - Total operating revenue for Q1 2024 was ¥868,441,483.85, a decrease of 3.9% compared to ¥896,150,775.92 in Q1 2023[18] - Net profit for Q1 2024 was ¥29,028,166.78, a decline of 59.3% from ¥71,201,402.37 in Q1 2023[19] - Basic earnings per share for Q1 2024 was ¥0.24, compared to ¥0.59 in Q1 2023[19] Cash Flow - The net cash flow from operating activities was -¥13,075,055.56, indicating a significant cash outflow[5] - Cash flow from operating activities for Q1 2024 was negative at -¥13,075,055.56, an improvement from -¥140,942,730.44 in Q1 2023[22] - The net cash flow from investing activities was -393,682,868.09, indicating a significant outflow compared to the previous period[23] - The net cash flow from financing activities was 49,275,930.56, a decrease from 211,362,148.89 in the prior period[23] - The total cash and cash equivalents at the end of the period amounted to 331,476,421.68, down from 386,463,102.64 in the previous period[23] - The cash inflow from borrowing was 110,939,805.56, while cash outflow for debt repayment was 60,060,694.44[23] - The net increase in cash and cash equivalents for the period was 64,095,996.88, contrasting with a decrease of 336,110,008.31 in the prior period[23] - The cash flow from investment activities totaled 735,341,546.16, with a significant cash outflow of 721,800,000.00 for investments[23] - The impact of exchange rate changes on cash and cash equivalents was 26,018,416.49, showing a positive effect compared to the previous period[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,202,381,043.66, an increase of 4.44% from the end of the previous year[6] - Current assets totaled RMB 1,487,211,349.15, up from RMB 1,349,137,735.49, indicating an increase of about 10.3%[14] - Total liabilities increased to ¥499,327,397.97 in Q1 2024 from ¥386,100,644.53 in Q1 2023[16] - Total equity attributable to shareholders increased to ¥2,703,053,645.69 in Q1 2024 from ¥2,680,255,609.91 in Q1 2023[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,098[11] - The company reported no significant changes in the top 10 shareholders or their participation in margin trading activities[13] Research and Development - Research and development expenses totaled ¥30,371,115.33, which is 3.50% of operating revenue, down 13.06% year-on-year[6] - Research and development expenses for Q1 2024 were ¥30,371,115.33, a decrease of 13.0% from ¥34,933,604.06 in Q1 2023[18] Non-Recurring Gains and Losses - The company reported non-recurring gains of ¥4,945,642.72, primarily from government subsidies and other non-operating income[8] - The decline in net profit was mainly due to rising raw material costs and a decrease in VAT refunds[9] Financial Ratios - The weighted average return on equity decreased to 1.08%, down from 1.45%[6]