五洲特纸(605007) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥1,726,179,428.72, representing a year-on-year increase of 37.17%[5] - Net profit attributable to shareholders was ¥133,822,619.86, with a significant contribution from reduced raw material costs and efficiency improvements[10] - Net profit for Q1 2024 was ¥134,982,029.46, compared to a net loss of ¥29,821,102.06 in Q1 2023, indicating a significant turnaround[29] - Operating profit for Q1 2024 was ¥158,561,269.21, a recovery from an operating loss of ¥26,442,732.83 in the same period last year[29] - Total operating costs for Q1 2024 were ¥1,594,554,951.06, up from ¥1,272,086,732.98 in Q1 2023, reflecting a 25.4% increase[28] - The company reported a significant increase in other income to ¥31,476,660.84 in Q1 2024, compared to ¥2,043,338.14 in Q1 2023[28] Earnings and Shares - Basic earnings per share (EPS) stood at ¥0.33, while diluted EPS was ¥0.31[6] - Basic earnings per share for Q1 2024 were CNY 0.33, compared to a loss of CNY 0.07 in Q1 2023[30] - Diluted earnings per share for Q1 2024 were CNY 0.31, compared to a loss of CNY 0.07 in Q1 2023[30] Cash Flow - The net cash flow from operating activities was ¥172,818,967.54, attributed to enhanced collection efforts on accounts receivable[10] - Cash inflow from operating activities for Q1 2024 was CNY 1,849,782,916.82, an increase of 38.6% from CNY 1,335,050,618.97 in Q1 2023[31] - Net cash flow from operating activities for Q1 2024 was CNY 172,818,967.54, recovering from a loss of CNY 57,008,944.79 in Q1 2023[31] - Cash inflow from financing activities for Q1 2024 was CNY 1,581,320,000.00, up from CNY 985,996,878.03 in Q1 2023[32] - Net cash flow from financing activities for Q1 2024 was CNY 565,518,055.59, compared to CNY 347,288,161.89 in Q1 2023[32] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥8,198,126,303.49, reflecting a 6.44% increase from the previous year[6] - Total assets as of Q1 2024 amounted to ¥8,198,126,303.49, up from ¥7,702,454,514.82 in the previous year[25] - Total liabilities increased to ¥5,617,173,568.30 in Q1 2024, compared to ¥5,260,260,066.02 in Q1 2023[25] Shareholder Information - Shareholders' equity attributable to the company was ¥2,559,687,330.97, up by 5.68% compared to the end of the last fiscal year[6] - The equity attributable to shareholders of the parent company rose to ¥2,559,687,330.97 in Q1 2024, from ¥2,422,088,454.18 in Q1 2023[25] - The total number of ordinary shareholders at the end of the reporting period was 11,977[12] - The top five shareholders collectively hold 76.92% of the company's shares, indicating a concentrated ownership structure[12] Government Support and Investments - The company received government subsidies amounting to ¥2,794,933.62, which positively impacted its financial performance[9] - A total of ¥10.17 million was invested by directors and senior management in company shares from August 28, 2023, to January 11, 2024, meeting the lower limit of the planned investment[20] Research and Development - Research and development expenses increased to ¥27,369,545.47 in Q1 2024, compared to ¥12,086,469.65 in Q1 2023, marking an increase of 126.5%[28] Stock Issuance - The company plans to issue shares to specific investors, with the proposal approved in meetings held on June 21 and July 7, 2023[15] - The company received an inquiry letter from the Shanghai Stock Exchange regarding its stock issuance application on January 2, 2024[16] - The company updated its financial data in the stock issuance application documents on April 9, 2024, following the annual report disclosure[18] - The company is currently awaiting approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission for the stock issuance[18] - The company has made necessary updates and revisions to its responses to the inquiry letter from the Shanghai Stock Exchange[17]