锦盛新材(300849) - 2024 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2024 was ¥67,076,964.31, representing a 31.60% increase compared to ¥50,969,623.03 in the same period last year[4] - Net profit for Q1 2024 was a loss of ¥983,439.40, an improvement from a loss of ¥6,960,798.93 in Q1 2023[21] - The gross profit margin for Q1 2024 was 20.44%, significantly up from 7.07% in the same period last year, primarily due to increased business volume leading to lower unit costs[10] - Basic earnings per share for Q1 2024 were -¥0.01, an improvement from -¥0.05 in Q1 2023[21] Cash Flow and Financial Position - The net cash flow from operating activities was ¥3,158,906.59, down 18.65% from ¥3,883,323.67 in the previous year[10] - The company reported a significant increase in cash inflow from operating activities, totaling ¥82,574,734.16, compared to ¥60,668,324.48 in the previous year[23] - The net increase in cash and cash equivalents for Q1 2024 was 11,822,900.71 CNY, contrasting with a decrease of 8,675,025.47 CNY in Q1 2023[24] - Cash and cash equivalents at the end of Q1 2024 amounted to 84,263,239.05 CNY, a slight decrease from 86,218,580.66 CNY at the end of Q1 2023[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥802,497,517.27, a decrease of 5.85% from ¥852,355,845.49 at the end of the previous year[4] - Current assets decreased to CNY 353,057,927.12 from CNY 393,707,386.95, primarily due to a reduction in cash and cash equivalents[16] - Total liabilities decreased to CNY 182,079,311.14 from CNY 230,954,199.96, indicating a reduction of about 21%[17] - The company's total equity attributable to shareholders was ¥620,418,206.13, slightly down from ¥621,401,645.53 in the previous period[21] Expenses and Investments - Total operating costs amounted to ¥69,018,640.00, up 11.0% from ¥62,128,135.25 year-on-year[20] - Research and development expenses increased to ¥3,142,765.45, compared to ¥2,802,786.95 in the same quarter last year, reflecting a growth of 12.1%[20] - The company recorded a cash inflow of ¥50,000,000.00 from investment recovery, indicating active investment management[23] Shareholder Information - The total number of shareholders holding more than 5% of shares includes Ningbo Liyi Equity Investment Center with 16.75% and Shaoxing Jinsong Enterprise Management Consulting with 5.25%[14] Government Support - The company received government subsidies amounting to ¥755,675.62 during the reporting period[5] Credit and Impairment - The company experienced a significant increase in credit impairment losses, which rose by 285.74% to ¥401,588.49 due to an increase in accounts receivable[9] Accounting and Audit - The company has adopted new accounting standards starting from 2024, affecting the financial statements[25] - The company did not undergo an audit for the Q1 2024 report[25]