茂硕电源(002660) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 was CNY 263,001,416.18, a decrease of 20.23% compared to CNY 329,712,548.97 in the same period last year[5] - Net profit attributable to shareholders was CNY 11,954,700.85, down 35.47% from CNY 18,525,747.80 year-on-year[5] - Basic earnings per share decreased by 35.45% to CNY 0.0335 from CNY 0.0519 in the previous year[5] - Net profit for Q1 2024 was CNY 9,069,523.10, a decline of 51.7% compared to CNY 18,776,062.55 in Q1 2023[19] - The total comprehensive income for Q1 2024 is ¥8,768,034.62, compared to ¥18,488,518.06 in Q1 2023, indicating a decline of 52.6%[20] Cash Flow - Net cash flow from operating activities was negative at CNY -5,027,589.80, a decline of 130.87% compared to CNY 16,287,038.92 in the same period last year[5] - Cash flow from operating activities showed a net outflow of ¥502.76 million, a decline of 130.87% compared to the previous year's inflow of ¥1,628.70 million, primarily due to decreased tax refunds[10] - Cash and cash equivalents decreased to CNY 496,343,262.48 from CNY 624,301,626.13, a decline of 20.5%[18] - The total operating cash inflow for Q1 2024 is ¥247,604,612.14, down 25% from ¥329,419,031.40 in Q1 2023[21] - The company incurred a net cash outflow from investing activities of -¥171,053,894.74 in Q1 2024, compared to -¥58,010,877.31 in Q1 2023[22] Assets and Liabilities - Total assets increased by 3.04% to CNY 1,857,024,604.82 from CNY 1,802,230,428.97 at the end of the previous year[5] - Total liabilities rose to CNY 565,082,672.25, up from CNY 519,277,219.05, indicating an increase of 8.8%[19] - The company reported a decrease in accounts receivable to CNY 401,240,322.01 from CNY 414,875,784.91, a reduction of 3.9%[18] - Inventory increased to CNY 174,205,676.21, up 10.2% from CNY 158,135,385.97 at the beginning of the period[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,678, with no preferred shareholders[12] - The largest shareholder, Jinan Chanfatech Group Co., Ltd., holds 35.77% of shares, totaling 127,562,383 shares, with 54,865,541 shares pledged[12] Investment and Financing Activities - Investment activities resulted in a net cash outflow of ¥17,105.39 million, a 194.87% increase in outflow from ¥5,801.09 million, mainly due to large certificate purchases[10] - The company secured ¥5,000 million in cash from new short-term bank loans, marking a 100% increase as it had no previous loans recorded[10] - Cash flow from financing activities surged to ¥4,642.28 million, a dramatic increase of 2039.44% from a negative cash flow of ¥239.36 million, attributed to increased short-term bank loans[10] - The company raised ¥50,000,000.00 from financing activities in Q1 2024, compared to no cash inflow from financing activities in Q1 2023[22] Operational Costs and Expenses - Total operating costs for Q1 2024 were CNY 257,172,477.69, down 17.9% from CNY 313,533,774.57 year-over-year[19] - Research and development expenses for Q1 2024 were CNY 24,934,582.80, an increase of 17.0% compared to CNY 21,191,056.13 in the previous year[19] - The cash paid for fixed assets increased by 41.25%, totaling ¥753.68 million, up from ¥533.57 million[10] Other Financial Metrics - The company reported a significant increase in trading financial assets, rising by 39,133.70% to CNY 16,207.34 from CNY 41.31[9] - The company recorded a loss of CNY 222,115.39 from the disposal of fixed assets during the period[7] - The total amount of non-recurring gains and losses was CNY 277,178.78, primarily from government subsidies and other operational adjustments[7] - The company reported a significant decrease in tax refunds received, totaling ¥268.91 million, down 93.28% from ¥4,002.36 million due to reduced export tax rebates[10] - The impact of exchange rate fluctuations on cash and cash equivalents was positive, with an increase of ¥8.45 million, reversing a negative impact of ¥221.83 million from the previous period[10]