瑞丰新材(300910) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 reached ¥713,949,627.07, representing a 14.41% increase compared to ¥624,001,541.41 in the same period last year[6] - Net profit attributable to shareholders was ¥152,780,260.81, a significant increase of 57.77% from ¥96,837,012.40 year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥146,331,645.39, up 65.96% from ¥88,174,882.44 in the previous year[6] - The basic earnings per share increased to ¥0.53, reflecting a growth of 55.88% compared to ¥0.34 in the same period last year[6] - The net profit for the first quarter of 2024 was approximately ¥153.51 million, an increase of 57.3% compared to ¥97.60 million in the same period last year[25] - The company's operating profit increased to ¥180.16 million, compared to ¥112.40 million, marking a growth of 60.3% year-over-year[25] - The total comprehensive income for the first quarter was ¥153.60 million, compared to ¥97.22 million, representing a year-over-year increase of 57.9%[28] - Basic earnings per share rose to ¥0.53, up from ¥0.34, indicating a growth of 55.9%[28] Assets and Liabilities - The company's total assets decreased by 3.72% to ¥3,638,693,060.23 from ¥3,779,094,881.00 at the end of the previous year[6] - Total liabilities decreased to ¥546,905,681.08 in Q1 2024 from ¥625,416,236.98 in Q1 2023, a decline of 12.5%[21] - The company’s total equity attributable to shareholders decreased by 1.94% to ¥3,071,213,961.63 from ¥3,132,106,732.63 at the end of the previous year[6] - The total assets decreased to ¥3,638,693,060.23 in Q1 2024 from ¥3,779,094,881.00 in Q1 2023, a reduction of 3.7%[20][21] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of ¥11,109,754.42 compared to a net inflow of ¥181,995.55 in the same period last year, marking a decrease of 6,204.41%[6] - Cash flow from operating activities showed a net outflow of approximately ¥11.11 million, a decline from a net inflow of ¥181,995.55 in the previous year[29] - Cash flow from investing activities resulted in a net outflow of ¥215.33 million, compared to a net inflow of ¥122.61 million in the same period last year[31] - The company reported cash and cash equivalents at the end of the period amounting to ¥760.02 million, down from ¥892.92 million at the end of the previous year[31] - The company’s cash and cash equivalents decreased by 35.93% to ¥777,789,407.77 from ¥1,213,986,680.94 at the end of the previous year[11] Receivables and Payables - The company reported a 120.18% increase in notes receivable, amounting to ¥13,943,319.02, up from ¥6,332,700.00[11] - The company reported a significant increase in other payables, which rose by 69.24% to ¥36,350,503.28 from ¥21,479,251.21[11] - The company’s accounts receivable increased to RMB 313,442,674.33 from RMB 229,525,960.89 at the beginning of the period, reflecting a growth of approximately 36.6%[42] - Credit impairment losses surged by 444.53% to -¥4,818,760.20 in Q1 2024, compared to ¥1,398,637.12 in Q1 2023, driven by changes in accounts receivable aging[22] - The company incurred a credit impairment loss of ¥4.82 million, compared to a gain of ¥1.40 million in the previous year, indicating a significant change in credit quality[25] Shareholder Information - The company reported a total of 5,456,813 shares repurchased, accounting for 1.8932% of the total share capital of 288,228,061 shares[41] - Guo Chunxuan holds 37.02% of shares, totaling 106,709,953 shares[47] - China Petrochemical Group Capital Co., Ltd. owns 13.85% of shares, amounting to 39,922,800 shares[47] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder holding over 37%[47] - The company has a diverse shareholder base, including domestic individuals and state-owned entities[47] - The total number of common shareholders at the end of the reporting period was 9,978[47] - The report does not indicate any known relationships or concerted actions among the top shareholders[49] - The company maintains transparency regarding shareholder structures and potential conflicts of interest[49] Future Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[19]