国风新材(000859) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥495,015,341.33, a decrease of 5.19% compared to ¥522,095,425.20 in the same period last year[4] - The net profit attributable to shareholders was -¥24,694,790.16, representing a decline of 356.08% from a profit of ¥9,643,497.53 in the previous year[4] - The total operating revenue for Q1 2024 was CNY 495,015,341.33, a decrease of 5.2% compared to CNY 522,095,425.20 in Q1 2023[15] - Net profit for Q1 2024 was a loss of CNY 24,694,790.16, compared to a profit of CNY 9,643,497.53 in Q1 2023, indicating a significant decline[16] - Basic and diluted earnings per share for Q1 2024 were both -0.03, compared to 0.01 in Q1 2023, reflecting a negative shift in profitability[16] Cash Flow - The net cash flow from operating activities was -¥125,018,195.82, a decrease of 91.34% compared to -¥65,338,393.81 in the same period last year[4] - Cash flow from operating activities showed a net outflow of CNY 125,018,195.82, worsening from a net outflow of CNY 65,338,393.81 in the same period last year[17] - The net cash flow from financing activities improved significantly, with a net inflow of ¥44,787,100.27, compared to a net outflow of -¥27,208,269.69 in the previous year, marking a 264.61% increase[8] - The net cash flow from financing activities was 44,787,100.27 CNY, compared to a negative cash flow of -27,208,269.69 CNY in the previous period[18] - The total cash and cash equivalents at the end of the period decreased to 298,133,718.30 CNY from 521,160,393.44 CNY at the beginning of the period, reflecting a net decrease of 223,026,675.14 CNY[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,945,525,221.70, down 3.07% from ¥4,070,569,925.21 at the end of the previous year[4] - Total assets decreased from 4,070,569,925.21 CNY to 3,945,525,221.70 CNY, a reduction of about 3.1%[13] - The total liabilities decreased to CNY 1,109,103,004.15 from CNY 1,209,452,917.50, indicating a reduction of approximately 8.3%[16] - Current liabilities decreased from 902,104,707.75 CNY to 752,927,995.35 CNY, a decline of approximately 16.6%[13] - Long-term borrowings increased from 170,436,838.92 CNY to 216,385,679.02 CNY, an increase of about 27%[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 41,337[9] - The largest shareholder, Hefei Industrial Investment Holding (Group) Co., Ltd., holds 29.11% of shares, totaling 260,841,634 shares[9] - There are no significant changes in the shareholding structure among the top 10 shareholders[10] - The company has no preferred shareholders as of the reporting period[10] Other Financial Metrics - The weighted average return on equity was -0.87%, a decrease of 4.50% from 3.63% in the previous year[4] - The company recorded a 62.93% decrease in other income, which fell to ¥4,867,021.14, primarily due to a reduction in government subsidies recognized in the current period[7] - The company reported a 473.16% increase in credit impairment losses, amounting to -¥1,658,046.71, due to an increase in bad debt provisions[7] - The company reported a decrease in research and development expenses to CNY 17,942,857.36 from CNY 21,292,495.47, reflecting a 15.5% reduction[15] Inventory and Receivables - Accounts receivable increased from 325,468,695.65 CNY to 346,232,246.85 CNY, an increase of about 6.5%[12] - Inventory rose from 224,187,239.07 CNY to 251,795,444.96 CNY, reflecting an increase of approximately 12.3%[12] Investment Activities - Cash inflow from investment activities was CNY 177,044,454.00, a substantial increase from CNY 33,074,750.00 in Q1 2023[17] - Cash outflow for investment activities totaled CNY 319,742,529.81, up from CNY 185,116,268.29 in the previous year[17] Audit Status - The first quarter report has not been audited[19]