Financial Performance - Operating revenue for Q1 2024 was ¥102,474,937.40, representing a year-on-year growth of 23.82% from ¥82,759,239.22 in Q1 2023[10] - Net profit attributable to shareholders for Q1 2024 was ¥15,773,179.03, up 9.73% from ¥14,374,548.99 in the same period last year[10] - Total revenue for the reporting period reached 65,267,881, with a year-on-year increase of 54.85%[18] - The company reported a net profit of CNY 3,153,079.13 for the reporting period[30] - Total operating revenue for Q1 2024 reached ¥102,474,937.40, an increase from ¥82,759,239.22 in Q1 2023, representing a growth of approximately 24%[38] - Net profit for Q1 2024 was ¥15,263,574.78, slightly down from ¥15,509,068.31 in Q1 2023, representing a decrease of 1.6%[40] - The company reported a total profit of ¥17,913,097.67 for Q1 2024, compared to ¥17,674,673.85 in Q1 2023, reflecting a growth of 1.4%[40] - Operating profit for Q1 2024 was ¥17,908,097.06, slightly up from ¥17,695,461.85 in Q1 2023, indicating a growth of 1.2%[40] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥7,057,277.00, a 111.35% increase compared to a negative cash flow of ¥62,204,967.00 in Q1 2023[10] - The company incurred a net cash outflow of ¥64,796,340.77 from investing activities in Q1 2024, compared to a smaller outflow of ¥12,150,633.91 in Q1 2023[43] - Cash and cash equivalents at the end of Q1 2024 totaled ¥118,407,940.43, down from ¥22,152,457.93 at the end of Q1 2023[43] - The company’s total cash inflow from operating activities was ¥74,607,632.10 in Q1 2024, compared to ¥75,242,895.05 in Q1 2023, reflecting a slight decrease of 0.8%[42] - Operating cash inflow for Q1 2024 was CNY 80,856,813.48, an increase from CNY 75,238,957.18 in Q1 2023, representing a growth of approximately 8.7%[44] - Net cash flow from operating activities improved to CNY 15,141,820.30 in Q1 2024, compared to a negative CNY 55,259,671.76 in Q1 2023[45] - Cash outflow for purchasing fixed assets and other long-term assets was CNY 64,653,990.77 in Q1 2024, significantly higher than CNY 12,148,833.91 in Q1 2023[45] - Cash inflow from financing activities decreased to CNY 49,209,074.16 in Q1 2024, down from CNY 90,600,000.00 in Q1 2023[45] - Net cash flow from financing activities turned negative at CNY -27,276,155.30 in Q1 2024, compared to a positive CNY 76,613,235.06 in Q1 2023[45] - The ending cash and cash equivalents balance decreased to CNY 115,034,227.80 in Q1 2024, down from CNY 22,114,930.86 in Q1 2023[45] Assets and Liabilities - Total assets as of March 31, 2024, reached ¥1,215,928,258.72, an increase of 1.03% compared to the end of 2023[10] - The company's total liabilities to assets ratio decreased to 28.37% from 28.94% year-on-year, indicating improved financial stability[10] - The total liabilities of the company as of March 31, 2024, were CNY 344,925,408.49, slightly down from CNY 348,309,481.77[33] - The short-term borrowings decreased to CNY 158,918,163.89 from CNY 185,281,305.41[33] - The company has pledged assets worth CNY 70,613,328.31, which represents 5.81% of total assets[27] - The company's current assets totaled CNY 742,030,198.80, a decrease from CNY 767,607,328.31 at the end of 2023[32] - The cash and cash equivalents decreased to CNY 124,184,940.43 from CNY 212,532,650.73[32] - The accounts receivable increased to CNY 71,435,868.56 from CNY 51,928,854.00[32] - The inventory increased to CNY 416,953,708.67 from CNY 386,741,820.45[32] Shareholder Information - The number of ordinary shareholders increased to 11,625, reflecting a growing interest in the company's stock[16] - Basic and diluted earnings per share for Q1 2024 were both ¥0.13, down from ¥0.17 in Q1 2023, indicating a decline of 23.5%[40] - Shareholder equity increased to ¥871,158,445.81 from ¥855,915,082.71, marking an increase of about 1.4%[37] Strategic Initiatives - The company plans to continue expanding its market presence and investing in new projects, although specific future projections were not disclosed[5] - The company continues to focus on market expansion and new product development strategies[21] - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[38] Compliance and Governance - The company has no major litigation or arbitration matters pending, ensuring compliance with regulatory requirements[21] - There were no significant related party transactions or external guarantees during the reporting period[21] - No new commitments were disclosed, and previously disclosed commitments have been fulfilled[21] - The company has not engaged in any share buyback activities during the reporting period[21] - There were no significant mergers or acquisitions reported in the current quarter[21]
东方碳素(832175) - 2024 Q1 - 季度财报