恒光股份(301118) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥288,775,495.64, representing a 38.77% increase compared to ¥208,095,204.02 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥14,916,580.07, a decline of 202.27% from a profit of ¥14,585,582.16 in Q1 2023[5] - The total operating revenue for Q1 2024 was CNY 288,775,495.64, an increase of 38.7% compared to CNY 208,095,204.02 in the same period last year[26] - The net profit for Q1 2024 was a loss of CNY 15,781,919.40, compared to a profit of CNY 14,400,624.28 in Q1 2023[27] Cash Flow - The net cash flow from operating activities was -¥32,647,021.62, a decrease of 170.93% compared to -¥12,049,833.06 in the previous year[13] - The company's cash flow from operating activities showed a significant decline, leading to a net loss in cash flow for the quarter[29] - The cash received from loans was 119,000,000.00, down from 160,529,637.72 in the previous period, reflecting a reduction in borrowing[31] - The company reported a cash inflow from operating activities of 159,034,842.21, down from 170,038,761.10 in the previous period, indicating a decline in operational performance[30] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥2,431,591,564.54, an increase of 1.78% from ¥2,389,157,257.17 at the end of the previous year[5] - The total liabilities rose to CNY 1,021,682,125.92 in Q1 2024, compared to CNY 979,875,958.50 in the previous year[24] - As of March 31, 2024, the total current assets amount to RMB 1,022,160,690.71, an increase from RMB 970,708,854.80 at the beginning of the period[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,938[14] - The largest shareholder, Hunan Hongjiang Hengguang Investment Management Co., Ltd., holds 45.84% of shares, totaling 48,900,000 shares[14] - The total number of shares held by the top 10 shareholders represents 70.66% of the total share capital[14] - The company has no preferred shareholders with voting rights as of the reporting period[14] Operating Costs and Expenses - The company experienced a 61.05% rise in operating costs, totaling ¥276,214,440.40, attributed to increased production in the chlor-alkali project[11] - The total operating costs for Q1 2024 were CNY 309,845,981.15, up 56.5% from CNY 197,732,960.29 in Q1 2023[26] - Financial expenses surged by 1887.46% to ¥2,979,511.58, primarily due to increased borrowing costs[11] - Research and development expenses increased to CNY 10,548,339.91 in Q1 2024, compared to CNY 9,648,555.44 in Q1 2023, reflecting a focus on innovation[26] Investment Activities - The cash flow from investment activities improved by 88.51%, with a net outflow of -¥16,526,435.92 compared to -¥143,818,967.50 in the previous year[13] - The company has invested approximately RMB 500 million in a new project to produce 270,000 tons of green electric chemical materials annually[20] - The company established Guizhou Hengguang Green Electric Chemical Materials Co., Ltd. as part of its investment strategy[20] Equity and Returns - The weighted average return on equity decreased to -1.08% from 0.98% in the previous year[5] - The total equity attributable to shareholders decreased to CNY 1,373,860,278.82 in Q1 2024 from CNY 1,387,366,799.54 in Q1 2023, reflecting the impact of the net loss[24] - The total number of restricted shares at the end of the period is 52,543,687, with specific release dates for certain shareholders[18] Cash and Cash Equivalents - Cash and cash equivalents at the end of the reporting period are RMB 214,420,186.67, up from RMB 158,017,607.22[22] - The total cash and cash equivalents at the end of the period increased to 186,750,136.70 from 139,432,194.76 in the previous period[31]