江瀚新材(603281) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was RMB 586.68 million, a slight increase of 1.25% compared to RMB 580.96 million in Q1 2023[4] - The net profit for Q1 2024 was RMB 154.29 million, showing a decrease of 0.06% from RMB 154.39 million in the same period last year[6] - The basic and diluted earnings per share for Q1 2024 were both RMB 0.41, down from RMB 0.45 in Q1 2023, representing a decline of 8.89%[6] - The net profit attributable to shareholders was ¥154,291,020.51, showing a slight decrease of 0.06% compared to the same period last year[24] - The net profit after deducting non-recurring gains and losses was ¥144,908,064.17, which increased by 20% year-on-year[24] - Basic and diluted earnings per share were both ¥0.41, reflecting a decrease of 8.89% year-on-year[24] - The weighted average return on equity decreased by 0.84 percentage points to 3.18%[24] Assets and Liabilities - The total assets amounted to RMB 5.25 billion, up from RMB 5.16 billion year-over-year, indicating a growth of approximately 1.3%[2] - The total assets at the end of the reporting period were ¥5,248,681,962.72, an increase of 1.67% from the end of the previous year[27] - The company’s total liabilities and equity reached RMB 5.25 billion, compared to RMB 5.16 billion in the previous year, marking a growth of 1.3%[2] - Current assets totaled approximately $4.61 billion as of March 31, 2024, compared to $4.57 billion at the end of 2023, reflecting a slight increase of 2.0%[38] - Non-current assets totaled approximately $642.20 million, an increase from $596.80 million, representing a growth of 7.6%[41] - Total liabilities amounted to approximately $323.55 million, down from $388.73 million, reflecting a decrease of 16.8%[41] - Current liabilities decreased to approximately $279.21 million from $344.22 million, a reduction of 18.9%[41] Cash Flow - Cash flow from operating activities generated a net inflow of RMB 26.75 million, down from RMB 55.99 million in Q1 2023, reflecting a decrease of 52.2%[11] - The net cash flow from operating activities decreased significantly by 52.24%, amounting to ¥26,745,140.80, due to delayed cash receipts compared to revenue recognition[24][30] - The company’s cash and cash equivalents at the end of Q1 2024 were RMB 713.02 million, a decrease from RMB 2.69 billion at the end of Q1 2023[11] - Cash and cash equivalents decreased to approximately $2.46 billion from $3.46 billion, a decline of 29.0% year-over-year[38] Investments and Expenses - The company reported a significant increase in research and development expenses, totaling RMB 19.74 million, which is an increase of 8.9% compared to RMB 18.13 million in Q1 2023[4] - The company reported a total investment cash outflow of RMB 1.09 billion in Q1 2024, compared to RMB 1.67 billion in Q1 2023, indicating a reduction of 34.9%[11] - The company reported a significant increase in trading financial assets, rising to approximately $1.17 billion from $200.03 million, a growth of 487.0%[38] Shareholder Information - The company had a total of 26,080 common shareholders at the end of the reporting period[30] - Shareholders' equity remained stable at approximately $373.33 million, unchanged from the previous period[41] - The equity attributable to shareholders increased by 3.17% to ¥4,925,130,414.11 compared to the previous year-end[27] Strategic Focus - The company is focusing on expanding its market presence and developing new technologies to enhance its product offerings[39]