创新新材(600361) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥17,778,801,588.65, representing a year-on-year increase of 7.78%[4] - The net profit attributable to shareholders was ¥281,776,869.78, reflecting a growth of 6.02% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥273,465,838.25, which is an increase of 16.04% year-on-year[4] - Total operating revenue for Q1 2024 reached ¥17.78 billion, a 7.77% increase from ¥16.50 billion in Q1 2023[18] - Net profit for Q1 2024 was ¥282.56 million, up 6.67% from ¥265.79 million in Q1 2023[19] - The company reported a total profit of ¥359.34 million for Q1 2024, a 4.59% increase from ¥342.78 million in Q1 2023[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥1,965,065,771.65, indicating a decrease in cash inflow due to inventory buildup during the Spring Festival[4][8] - The company's cash and cash equivalents decreased to RMB 2,835,109,213.05 from RMB 4,500,298,240.47, representing a decline of about 37%[15] - Cash flow from operating activities showed a net outflow of ¥1.97 billion, compared to a net outflow of ¥126.52 million in Q1 2023[20] - The net cash flow from financing activities was approximately $694.20 million, a decrease from $1.22 billion in the previous period[21] - The net increase in cash and cash equivalents was approximately -$1.80 billion, compared to an increase of $689.29 million in the prior period[21] - The ending balance of cash and cash equivalents was approximately $1.48 billion, down from $2.45 billion in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥21,939,504,455.04, up 10.16% from the end of the previous year[5] - Current liabilities increased to RMB 10,027,030,156.82 from RMB 7,036,230,368.00, which is an increase of approximately 42.4%[16] - Total liabilities reached RMB 11,384,766,923.60, up from RMB 9,638,558,258.34, representing an increase of approximately 18.1%[17] - The company's equity attributable to shareholders increased to RMB 10,407,118,026.77 from RMB 10,130,195,394.37, showing a growth of about 2.7%[17] Shareholder Information - The company had a total of 78,530 common shareholders at the end of the reporting period[9] - The company has not indicated any significant changes in shareholder relationships or participation in financing activities during the reporting period[12] Earnings and Expenses - The basic earnings per share for the period was ¥0.0650, a decrease of 2.11%[4] - The weighted average return on equity was 2.7440%, down by 0.555 percentage points year-on-year[4] - Research and development expenses increased to ¥88.34 million, a 77.93% rise compared to ¥49.60 million in Q1 2023[18] - Total operating costs for Q1 2024 were ¥17.41 billion, reflecting a 7.48% increase from ¥16.19 billion in Q1 2023[18] - Other comprehensive income after tax for Q1 2024 was a loss of ¥8.69 million, compared to a gain of ¥0.22 million in Q1 2023[19] - The company reported an increase in sales expenses to ¥27.23 million, up from ¥15.85 million in Q1 2023[18] Non-Recurring Gains - Non-recurring gains included government subsidies amounting to ¥7,012,900.15 and gains from the disposal of non-current assets of ¥3,044,553.00[6]