新瀚新材(301076) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥102,937,425.64, a decrease of 8.53% compared to ¥112,533,633.36 in the same period last year[5] - Net profit attributable to shareholders was ¥10,948,940.01, down 58.41% from ¥26,324,897.35 year-on-year[5] - Basic earnings per share decreased by 60.00% to ¥0.08 from ¥0.20 in the previous year[5] - Operating profit for Q1 2024 was CNY 12,216,487.97, down 60.2% from CNY 30,683,119.97 in the same period last year[17] - Net profit attributable to the parent company for Q1 2024 was CNY 10,948,940.01, a decline of 58.3% compared to CNY 26,324,897.35 in Q1 2023[17] Cash Flow - The net cash flow from operating activities was -¥1,873,019.37, a decline of 116.79% compared to ¥11,156,310.74 in Q1 2023[5] - Cash flow from operating activities for Q1 2024 was negative CNY 1,873,019.37, compared to positive CNY 11,156,310.74 in Q1 2023[18] - The net cash flow from investment activities was -¥29,007,990.86, a significant decrease compared to ¥200,890,570.03 in the previous period, indicating a decline of approximately 114.4%[20] - The net increase in cash and cash equivalents for the period was -¥30,394,064.49, contrasting with an increase of ¥150,914,890.32 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,196,564,631.55, a decrease of 1.47% from ¥1,214,411,118.10 at the end of the previous year[5] - Current assets totaled CNY 742,373,525.52, down from CNY 759,315,561.22 at the start of the quarter, indicating a decline of approximately 2.5%[13] - Total liabilities decreased to CNY 71,178,543.55 from CNY 100,195,114.99, showing a reduction of approximately 29%[14] - The company reported a significant decrease in accounts payable, which fell to CNY 50,479,774.32 from CNY 74,589,428.27, a decline of about 32.4%[14] Inventory and Receivables - Accounts receivable increased by 91.77% to ¥101,053,517.72, primarily due to outstanding customer payments[8] - Inventory decreased by 26.82% to ¥69,567,855.40, attributed to increased sales volume during the reporting period[8] - Accounts receivable increased significantly to CNY 101,053,517.72 from CNY 52,695,887.49, representing an increase of approximately 91.7%[13] - Inventory decreased to CNY 69,567,855.40 from CNY 95,057,814.71, a decline of about 26.8%[13] Other Financial Metrics - The financial expenses showed a drastic change, with a decrease of 811.75% to -¥1,457,162.65, mainly due to foreign exchange losses in the previous year[8] - The company experienced a 370.57% increase in other income, amounting to ¥450,948.45, due to higher VAT deductions during the reporting period[8] - Research and development expenses for Q1 2024 were CNY 3,842,453.99, up from CNY 3,342,590.51 in Q1 2023, indicating a focus on innovation[16] - The company reported a decrease in sales expenses to CNY 1,339,650.88 from CNY 724,017.24 in the previous year, reflecting cost management efforts[16] Cash and Equivalents - Cash and cash equivalents decreased to CNY 252,104,835.92 from CNY 282,498,900.41, reflecting a reduction of about 10.7%[13] - Cash and cash equivalents at the end of the period totaled ¥252,104,835.92, down from ¥287,097,310.51 in the previous period, reflecting a decrease of about 12.2%[20] - The cash outflow from financing activities amounted to ¥58,927,951.48, which includes cash paid for dividends and interest payments of ¥58,901,601.48[20] Audit Status - The company has not yet audited the first quarter report, indicating that the figures are subject to change[21]