翔鹭钨业(002842) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥461,742,142.82, representing an increase of 18.87% compared to ¥388,453,977.62 in the same period last year[5] - The net loss attributable to shareholders was ¥20,739,140.36, a significant decline of 1,321.09% from a profit of ¥1,698,411.37 in the previous year[5] - Total operating revenue for Q1 2024 reached ¥461,742,142.82, an increase of 19% compared to ¥388,453,977.62 in the same period last year[18] - Net profit for Q1 2024 was a loss of ¥20,739,140.36, compared to a profit of ¥1,698,411.37 in Q1 2023, indicating a significant decline in profitability[19] - The company's basic and diluted earnings per share were both -¥0.08, a decrease of 900.00% from ¥0.01 in Q1 2023[5] - The weighted average return on equity was -2.10%, down from 0.18% in the same period last year, indicating a decline in profitability[5] Cash Flow - The net cash flow from operating activities improved to ¥5,388,614.05, a 116.63% increase from a negative cash flow of ¥32,401,469.57 in Q1 2023[5] - Cash flow from operating activities generated a net inflow of ¥5,388,614.05, a recovery from a net outflow of ¥32,401,469.57 in the previous year[21] - The net cash flow from financing activities decreased by 60.10% to ¥30,260,298.69, mainly due to reduced cash inflows from borrowings[9] - The company reported a total cash inflow from financing activities of ¥30,260,298.69, down from ¥75,847,214.06 in the previous year[22] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥2,149,299,718.18, reflecting a 1.62% increase from ¥2,115,003,394.08 at the end of the previous year[5] - Current assets reached CNY 1,283,855,583.62, up from CNY 1,229,442,966.40, indicating an increase of about 4.4%[15] - Total liabilities increased to CNY 1,345,361,139.15 from CNY 1,291,327,237.70, reflecting a growth of approximately 4.2%[16] - Short-term borrowings rose significantly to CNY 575,102,871.90 from CNY 475,710,457.82, an increase of about 20.9%[16] - The company's equity decreased to CNY 803,938,578.03 from CNY 823,676,156.38, indicating a decline of approximately 2.4%[16] Operational Metrics - The company reported a significant increase in prepayments, which rose by 123.44% to ¥15,958,804.88, primarily due to increased material payments[9] - The company experienced a 31.89% increase in accounts payable, reaching ¥91,668,328.85, attributed to higher material payments to suppliers[9] - Total operating costs amounted to ¥484,340,080.77, up from ¥390,393,472.17, resulting in an operating loss of ¥20,526,242.29[19] - Research and development expenses increased to ¥15,663,236.56 from ¥13,761,998.62, reflecting a focus on innovation[18] Other Information - The first quarter report has not been audited[23] - The new accounting standards will be implemented starting in 2024[24]