海昌新材(300885) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥67,691,633.88, representing a 41.43% increase compared to ¥47,862,454.28 in the same period last year[8] - Net profit attributable to shareholders reached ¥15,111,082.43, a significant increase of 146.94% from ¥6,119,319.57 year-on-year[8] - The total profit for the period increased by 142.63%, amounting to an increase of ¥1,017.35 million compared to the previous year[18] - The total operating revenue for Q1 2024 was CNY 67,691,633.88, an increase of 41.5% compared to CNY 47,862,454.28 in the same period last year[34] - The net profit for Q1 2024 reached CNY 15,111,082.43, representing a significant increase of 146.5% compared to CNY 6,119,319.57 in Q1 2023[35] Cash Flow - The net cash flow from operating activities was ¥4,881,084.92, up 162.09% from ¥1,862,352.87 in the previous year[8] - The cash flow from operating activities for Q1 2024 showed a positive trend, indicating improved liquidity and operational efficiency[37] - Cash inflow from operating activities totaled ¥64,572,478.87, up 46.7% from ¥44,033,380.25 in the prior period[39] - Cash outflow from operating activities was ¥59,691,393.95, an increase of 41.5% compared to ¥42,171,027.38 in the previous period[39] - The net cash flow from investment activities is ¥19,040,758.55, a turnaround from a negative cash flow of ¥76,308,932.04 in the previous period[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥912,147,771.95, a 1.60% increase from ¥897,807,311.05 at the end of the previous year[8] - The total liabilities for Q1 2024 were CNY 61,662,133.15, a slight decrease from CNY 62,432,754.68 in the previous year[32] - The total equity attributable to shareholders of the parent company increased to CNY 850,485,638.80 from CNY 835,374,556.37 year-over-year[32] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,396[22] - Major shareholder, Yangzhou Haichang Equity Investment Partnership, plans to reduce its holdings by up to 760,230 shares, accounting for 0.3031% of the total share capital[27] - The company’s total restricted shares increased to 81,129,300 shares, with 246,300 shares released from restriction during the period[25] Research and Development - Research and development expenses rose by 32.9% to ¥95.83 million, attributed to increased investment in R&D[14] - Research and development expenses for Q1 2024 amounted to CNY 3,870,959.26, which is an increase of 32.8% from CNY 2,912,682.55 in Q1 2023[35] Inventory and Receivables - The company’s inventory increased to RMB 35.78 million from RMB 31.88 million, indicating a growth of approximately 12.1%[30] - Accounts receivable increased to RMB 96.04 million from RMB 86.65 million, reflecting a rise of about 10.5%[30] Future Plans - The company plans to repurchase shares with a total amount not less than RMB 20 million and not exceeding RMB 40 million, with a maximum price of RMB 12.09 per share[27] - The actual controller and chairman, Zhou Guangrong, and the general manager, Xu Jiping, plan to increase their holdings by an amount between RMB 1 million and RMB 2 million within six months[28] - The company plans to continue investing in new product development and market expansion strategies to drive future growth[35] Audit Information - The company did not undergo an audit for the first quarter report[40]