胜华新材(603026) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,220,807,037.27, representing a decrease of 16.43% compared to the same period last year[6] - Net profit attributable to shareholders was CNY 27,689,999.38, an increase of 246.44% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 23,613,883.79, up 211.14% from the previous year[6] - Basic earnings per share for the period was CNY 0.14, reflecting a 250.00% increase[6] - Total operating revenue for Q1 2024 was ¥1,220,807,037.27, a decrease of 16.4% compared to ¥1,460,760,178.24 in Q1 2023[20] - Net profit attributable to the parent company for Q1 2024 was ¥27,689,999.38, compared to ¥7,992,633.65 in Q1 2023, representing a significant increase[23] - Basic and diluted earnings per share for Q1 2024 were both ¥0.14, up from ¥0.04 in Q1 2023[23] - The company's net profit for the quarter was CNY 6,348,989.01, a recovery from a net loss of CNY 10,609,318.60 in the previous period[44] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 8,355,184,148.91, a 14.83% increase from the end of the previous year[8] - Total assets as of the reporting date were ¥8,355,184,148.91, an increase from ¥7,276,162,382.70 in the previous year[20] - Current assets totaled ¥3,059,408,211.07, up from ¥2,088,709,115.01 year-over-year[20] - Non-current assets amounted to ¥5,295,775,937.84, compared to ¥5,187,453,267.69 in the previous year[20] - Total liabilities increased to CNY 3,957,341,215.66 from CNY 2,890,643,441.59, reflecting a significant growth in financial obligations[40] - The total equity attributable to shareholders increased to CNY 3,923,432,263.88 from CNY 3,890,544,142.70, indicating a positive trend in shareholder value[41] Cash Flow - The net cash flow from operating activities was CNY -257,958,417.26, a decrease of 2.55% year-on-year[6] - Cash flow from operating activities in Q1 2024 was ¥939,519,447.23, a decrease from ¥1,543,656,840.91 in Q1 2023[23] - The net cash flow from investing activities was -149,409,809.50, compared to -251,947,503.24 in the previous period[47] - The net cash flow from financing activities was 1,126,280,285.78, an increase from 390,139,366.33 in the previous period[47] - The total cash and cash equivalents at the end of the period amounted to 1,314,267,003.70, compared to 996,235,117.88 at the end of the previous period[47] - The cash inflow from operating activities totaled 1,029,060,961.58, while cash outflow was 1,287,019,378.84, resulting in a net cash flow of -257,958,417.26[50] Operational Highlights - The company reported non-recurring gains of CNY 3,828,528.57 from the disposal of non-current assets[8] - The company plans to continue focusing on product price improvements to drive profitability[10] - The company plans to expand its market presence and invest in new technologies to drive future growth[44] - The company is focusing on strategic acquisitions to enhance its competitive position in the market[44] Expenses - Total operating costs for Q1 2024 were ¥1,234,804,700.20, down 17.4% from ¥1,494,441,477.72 in Q1 2023[20] - Research and development expenses amounted to CNY 49,395,400.72, slightly down from CNY 50,501,276.40 year-over-year[44] - Management expenses rose to CNY 32,984,110.17 from CNY 19,908,966.83, indicating increased operational costs[44] Shareholder Information - The number of common shareholders at the end of the reporting period was 41,216[12] - Other income from non-recurring items totaled ¥4,076,115.59 after tax adjustments[30] Future Plans - The company plans to implement new accounting standards starting from 2024[51]