硅宝科技(300019) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 474,517,315.84, a decrease of 10.59% compared to CNY 530,703,493.40 in the same period last year[5] - The net profit attributable to shareholders for Q1 2024 was CNY 40,123,595.91, down 27.04% from CNY 54,990,560.62 year-on-year[5] - The basic earnings per share for Q1 2024 was CNY 0.1026, a decline of 27.03% from CNY 0.1406 in the same quarter last year[5] - Total operating revenue for Q1 2024 was CNY 474,517,315.84, a decrease of 10.6% compared to CNY 530,703,493.40 in Q1 2023[19] - Net profit for Q1 2024 was CNY 40,123,595.91, representing a decline of 27.0% from CNY 54,990,560.62 in Q1 2023[21] - Earnings per share for Q1 2024 were CNY 0.1026, down from CNY 0.1406 in Q1 2023[21] Cash Flow - The net cash flow from operating activities decreased significantly by 97.64%, amounting to CNY 837,990.66 compared to CNY 35,453,506.69 in the previous year[5] - Cash flow from operating activities for Q1 2024 was CNY 837,990.66, significantly lower than CNY 35,453,506.69 in Q1 2023[24] - Cash received from sales of goods and services was CNY 271,514,919.32, compared to CNY 290,801,420.79 in the previous year[24] - The net cash flow from investment activities was 40,847,829.11, compared to a negative cash flow of -41,686,040.53 in the previous period[25] - The total cash outflow from investment activities amounted to 160,528,275.57, while the total cash inflow was 366,950,061.38[25] - The net cash flow from financing activities was 8,104,472.18, an improvement from -2,693,569.45 in the previous period[25] - The company reported a total cash inflow from financing activities of 20,000,000.00, with cash outflow for debt repayment at 10,000,000.00[25] - The cash and cash equivalents at the end of the period reached 927,150,736.48, up from 877,301,066.71 at the beginning of the period[25] - The company has maintained a strong cash position, with a net increase of 49,849,669.77 in cash and cash equivalents during the quarter[25] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 3,202,071,032.46, a slight decrease of 0.57% from CNY 3,220,515,119.98 at the end of the previous year[5] - The total liabilities as of Q1 2024 were CNY 715,915,381.55, a decrease from CNY 781,942,890.45 in the previous year[20] - The equity attributable to shareholders increased by 1.95% to CNY 2,486,155,650.91 from CNY 2,438,572,229.53 at the end of the previous year[5] - Total equity attributable to shareholders was CNY 2,486,155,650.91, an increase from CNY 2,438,572,229.53 in Q1 2023[20] Investments and Acquisitions - The company plans to invest CNY 150 million to establish a new subsidiary in Shanghai for advanced silicone material R&D and industrialization[13] - The company signed an agreement to acquire 100% equity of Jiangsu Jiahua Hot Melt Adhesive Co., Ltd. for cash[13] Operational Insights - The company reported a significant decrease in net cash flow from operating activities, primarily due to reduced sales receipts and increased payments to suppliers[8] - The company experienced a 10.59% decline in revenue, attributed to lower sales prices influenced by raw material costs and market demand[8] - The company’s industrial adhesive business continues to grow rapidly, particularly in the photovoltaic, electronics, and automotive sectors[12] - The company aims to enhance market share through increased investment in marketing, brand promotion, and R&D innovation[12] - The company is committed to maintaining steady growth in its main business areas while pursuing strategic investments and acquisitions[12] Accounting and Reporting - The company did not undergo an audit for the first quarter report[26] - The company has adopted new accounting standards starting from 2024, affecting the financial statement items[26]