扬子新材(002652) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥87,305,552.35, a decrease of 15.99% compared to ¥103,920,240.20 in the same period last year[5] - The net loss attributable to shareholders was ¥4,384,022.13, an improvement from a loss of ¥6,110,167.07 in the previous year[5] - The net profit for Q1 2024 was -4,384,022.13 CNY, an improvement from -6,110,167.07 CNY in Q1 2023, indicating a reduction in losses by approximately 28.3%[19] - The total comprehensive income for Q1 2024 was -4,384,022.13 CNY, compared to -6,110,167.07 CNY in Q1 2023, indicating a reduction in comprehensive losses by approximately 28.3%[19] Cash Flow and Liquidity - Operating cash flow increased significantly by 757.40%, reaching ¥27,893,922.52 compared to ¥3,253,326.68 in the previous year[5] - Cash and cash equivalents at the end of Q1 2024 were 1,649,649.88 CNY, down from 17,186,212.61 CNY at the end of Q1 2023, indicating a decrease of approximately 90.4%[21] - The company reported a net cash outflow from financing activities of -29,078,411.32 CNY, compared to -38,803,820.40 CNY in the previous year, reflecting an improvement of about 25.3%[21] Assets and Liabilities - Total assets decreased by 6.18% to ¥530,681,884.09 from ¥565,622,105.34 at the end of the previous year[5] - Total liabilities decreased to CNY 275,709,692.60 from CNY 306,265,891.72, a decline of 9.9%[15] - Cash and cash equivalents decreased to CNY 1,649,649.88 from CNY 2,959,050.84, a decline of 44.4%[13] - Accounts receivable decreased to CNY 75,996,195.83 from CNY 91,301,304.94, a reduction of 16.7%[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,149[9] - The top shareholder, Nanning Yiran Elderly Industry Partnership, holds 30% of the shares, totaling 153,600,000 shares[9] Research and Development - Research and development expenses rose by 183% year-on-year, indicating increased investment in innovation[7] - Research and development expenses increased significantly to 475,437.94 CNY from 167,753.26 CNY, representing a growth of 183.5% year-over-year[19] Operating Performance - Total operating revenue for Q1 2024 was CNY 87,305,552.35, a decrease of 16.1% compared to CNY 103,920,240.20 in the same period last year[17] - Total operating costs for Q1 2024 were CNY 90,724,892.28, down 17.0% from CNY 109,186,232.97 in the previous year[17] - Total revenue from sales of goods and services reached 111,986,431.05 CNY, up from 107,839,996.95 CNY, marking a growth of approximately 2%[20] Governance and Structural Changes - The company completed the registration changes for its subsidiaries, indicating ongoing structural adjustments[11] - The company’s board and supervisory committee underwent a re-election process, ensuring governance continuity[10] Financial Metrics - The weighted average return on equity improved to -1.70% from -2.72% year-on-year[5] - The company incurred financial expenses of 3,236,388.00 CNY, down from 4,505,155.03 CNY, showing a decrease of about 28.2%[19] - The basic and diluted earnings per share for Q1 2024 were both -0.0086 CNY, an improvement from -0.0119 CNY in Q1 2023[19]