Financial Performance - The company's revenue for Q1 2024 was ¥134,103,068.85, a decrease of 14.73% compared to ¥157,260,395.32 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥11,850,643.04, representing a decline of 141.61% from a profit of ¥28,476,980.67 in Q1 2023[5] - Total operating revenue for Q1 2024 was CNY 134,103,068.85, a decrease of 14.7% compared to CNY 157,260,395.32 in the same period last year[19] - Net profit for Q1 2024 was a loss of CNY 11,140,990.01, compared to a profit of CNY 28,476,980.67 in Q1 2023[20] - The company reported a gross profit margin of approximately -13.5% for Q1 2024, compared to a positive margin in the same period last year[20] - The total comprehensive income for the first quarter was -11,140,990.01 CNY, compared to 28,476,980.67 CNY in the previous year[21] Cash Flow - The net cash flow from operating activities improved to -¥110,091,902.42, a 63.29% increase compared to -¥299,872,468.06 in the previous year[11] - Cash inflow from operating activities totaled 123,299,676.79 CNY, an increase from 106,426,186.86 CNY year-over-year[22] - The net cash flow from investment activities was -64,810,963.55 CNY, compared to a positive 360,203,580.49 CNY in the previous year[23] - Cash inflow from investment activities was 1,505,338,939.55 CNY, down from 2,230,828,452.73 CNY year-over-year[23] - The net cash flow from financing activities was 83,857,106.86 CNY, slightly down from 84,709,836.25 CNY year-over-year[23] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥3,167,077,458.31, reflecting a slight increase of 0.35% from ¥3,155,903,972.48 at the end of the previous year[5] - Current liabilities decreased to CNY 222,702,424.90 from CNY 257,941,359.40, reflecting a reduction of 13.7%[17] - Non-current liabilities increased to CNY 200,066,189.13, up from CNY 126,260,060.92, marking a significant rise of 58.5%[17] - The total equity attributable to shareholders was CNY 2,739,408,878.20, a decrease from CNY 2,767,574,514.13 in the previous quarter[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,198[12] - The largest shareholder, Yin Hongtao, holds 27.92% of the shares, totaling 28,481,390 shares[12] - The shareholder Yin Hongtao is the executive partner of Liaoyang Xinde Enterprise Management Consulting Center, indicating a related party relationship[12] - The company has no known related party relationships or concerted action relationships among other shareholders[13] - The company has not reported any changes in the number of preferred shareholders or any significant changes in the top ten shareholders due to margin trading[13] Research and Development - Research and development expenses decreased by 33.05% to ¥4,843,247.54 from ¥7,234,206.08 in the same period last year[10] - Research and development expenses for Q1 2024 were CNY 4,843,247.54, down 33.1% from CNY 7,234,206.08 in the previous year[20] Other Information - The company's basic and diluted earnings per share were both -¥0.1168, a decrease of 127.89% from ¥0.4188 in Q1 2023[5] - The company's weighted average return on equity was -0.43%, down from 1.01% in the previous year[5] - The company has not reported any new product launches or significant market expansion strategies during this quarter[20] - The first quarter report was not audited[25]
信德新材(301349) - 2024 Q1 - 季度财报