海新能科(300072) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥521,088,870.69, a decrease of 73.53% compared to ¥1,968,257,058.42 in the same period last year[5] - The net profit attributable to shareholders was -¥117,698,858.69, showing an improvement of 15.44% from -¥139,184,521.22 year-on-year[5] - The basic and diluted earnings per share were both -¥0.0501, reflecting a 15.37% improvement from -¥0.0592 in the same quarter last year[5] - The net loss for the current period is ¥138,806,134.51, an improvement compared to a net loss of ¥181,791,263.88 in the previous period, reflecting a decrease in losses of approximately 23.7%[25] - The company reported a total comprehensive loss of ¥148,652,668.35, compared to a loss of ¥207,201,024.28 in the previous period, indicating an improvement of approximately 28.2%[25] Cash Flow - The cash flow from operating activities was -¥76,483,995.19, a significant decline of 1459.10% compared to ¥5,627,534.58 in the previous year[5] - Cash received from sales and services decreased to ¥752,328,757.59, a decline of 58.20% compared to ¥1,799,887,649.47 in the same period last year due to the exclusion of Inner Mongolia Meifang Coal Coking Co., Ltd. from the consolidation scope[13] - Cash received from other operating activities dropped by 91.93% to ¥3,641,617.89 from ¥45,124,859.43, primarily due to the absence of performance guarantee deposits received in the current period[13] - Total cash outflow from operating activities was ¥832,454,370.67, compared to ¥1,839,384,974.32 in the previous period, reflecting a decrease of approximately 54.7%[27] - In Q1 2024, the net cash flow from financing activities was positive at CNY 33,794,033.73, a significant improvement compared to a negative CNY 806,444,235.31 in the same period last year[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,611,665,208.80, down 2.50% from ¥10,884,165,659.41 at the end of the previous year[5] - Total liabilities decreased to CNY 3,805,582,405.66 from CNY 3,898,379,057.28[22] - The company's cash and cash equivalents decreased to CNY 514,356,246.79 from CNY 585,791,993.46[21] - Accounts receivable fell to CNY 632,092,114.82 from CNY 828,183,204.90[21] - Inventory increased to CNY 1,777,054,039.79 from CNY 1,709,536,343.29[21] Expenses - The company's R&D expenses decreased by 42.39% to ¥38,135,183.29 from ¥66,194,214.84 year-on-year[11] - Financial expenses were reduced by 69.34% to ¥28,729,140.89 compared to ¥93,702,667.25 in the previous year[11] - The company incurred credit impairment losses of ¥81,569,406.02, up from ¥24,076,855.70 in the previous period, representing an increase of about 239.5%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,794[15] - The largest shareholder, Beijing Haineng Low Carbon Technology Development Co., Ltd., holds 30.92% of shares, totaling 726,552,562 shares[16] - The second-largest shareholder, Beijing Haidian District State-owned Assets Investment and Management Co., Ltd., holds 5.74% of shares, totaling 134,908,721 shares[16] Strategic Initiatives - The company is actively expanding its market presence in Europe and beyond, increasing shipments and optimizing raw material procurement[19] - The company plans to publicly transfer 55% equity of Sichuan Xinda and has engaged intermediaries for auditing and evaluation[19] - The company received approval for the implementation of biodiesel promotion projects in Haidian District, Beijing, and Rizhao City, Shandong Province[19] Tax and Government Support - Tax payments increased significantly by 243.17% to ¥109,824,713.63 from ¥32,002,612.85, mainly due to an increase in value-added tax payments[13] - The company received government subsidies amounting to ¥545,379.57 during the reporting period, which were directly included in the current profit and loss[7] Audit Information - The company did not undergo an audit for the Q1 2024 report, which may affect the perception of financial reliability[29]