Financial Performance - The company's operating revenue for Q1 2024 was ¥94,696,664.84, a decrease of 4.49% compared to ¥99,144,893.91 in the same period last year[5] - Net profit attributable to shareholders was ¥9,869,197.22, down 22.92% from ¥12,803,737.97 year-on-year[5] - Basic and diluted earnings per share were both ¥0.17, a decline of 43.33% from ¥0.30 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 94,696,664.84, a decrease of 4.6% from CNY 99,144,893.91 in Q1 2023[16] - Net profit for Q1 2024 was CNY 9,337,484.15, a decline of 26.9% compared to CNY 12,723,669.11 in Q1 2023[18] Cash Flow - The net cash flow from operating activities decreased by 78.37% to ¥13,893,609.60, compared to ¥64,237,550.19 in Q1 2023[5] - The company's operating cash flow for the current period is ¥13,893,609.60, a decrease of 78.4% compared to ¥64,237,550.19 in the previous period[20] - Total cash inflow from operating activities is ¥112,784,728.34, up 6.5% from ¥105,430,667.57 in the previous period[20] - Cash outflow from operating activities increased significantly to ¥98,891,118.74, compared to ¥41,193,117.38 in the previous period[20] - The net cash flow from investment activities is -¥41,354,765.92, worsening from -¥24,543,001.55 in the previous period[22] - Cash inflow from financing activities totaled ¥27,477,622.13, compared to ¥18,000,000.00 in the previous period[22] - The net cash flow from financing activities is -¥14,486,064.25, slightly worse than -¥14,416,424.31 in the previous period[22] - The ending balance of cash and cash equivalents is ¥356,668,414.01, down from ¥398,575,410.14 at the beginning of the period[22] - The company received ¥100,000,000.00 from investment recoveries during the current period[20] - The company paid ¥73,879,562.13 for goods and services, a significant increase from ¥26,483,156.32 in the previous period[20] - The company reported a cash inflow of ¥4,871,496.42 from other operating activities, up from ¥3,534,829.78 in the previous period[20] Assets and Liabilities - Total assets increased by 2.19% to ¥1,224,481,807.74 from ¥1,198,239,435.71 at the end of the previous year[5] - The total liabilities amounted to CNY 215,206,292.07, compared to CNY 195,224,159.17 in the previous year, indicating increased leverage[15] - The equity attributable to shareholders of the parent company was CNY 1,007,094,710.34, up from CNY 997,225,535.44[15] - The company reported a significant increase in goodwill by 924.13% to ¥17,087,438.46, primarily due to the premium acquisition of a subsidiary[9] - The company reported a financial expense of CNY -2,410,313.31, a significant improvement from CNY 50,179.58 in the previous year[18] Expenses - Research and development expenses rose by 37.08% to ¥6,387,638.97, attributed to increased salaries and material usage[9] - Total operating costs for Q1 2024 were CNY 83,108,270.75, down from CNY 84,180,827.16 in the previous year, reflecting a cost reduction strategy[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,657[11] - The largest shareholder, Ren Zeming, holds 18.17% of shares, totaling 10,482,440 shares[11] - The number of shares held by the top 10 shareholders includes significant stakes from domestic individuals and non-state-owned enterprises[11] - The company has not reported any changes in the number of preferred shareholders or their holdings[12] - There are no significant changes in the shareholding structure due to margin trading activities among the top shareholders[12] Strategic Developments - The company has not disclosed any new strategies or product developments in the current report[12] - The company experienced a 74.85% increase in selling expenses, totaling ¥3,486,193.83, due to higher business entertainment and travel costs[9] - The company reported a 180.42% increase in deferred tax assets to ¥6,913,483.01, mainly from deductible losses recognized from subsidiary acquisitions[9] - Deferred income tax assets increased to CNY 6,913,483.01 from CNY 2,465,370.71, reflecting improved tax planning strategies[15]
思泉新材(301489) - 2024 Q1 - 季度财报