科恒股份(300340) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥434,239,654.59, a decrease of 45.64% compared to ¥798,885,507.74 in the same period last year[5] - The net loss attributable to shareholders was ¥13,494,795.04, an improvement of 38.93% from a loss of ¥22,098,507.33 in the previous year[5] - The basic earnings per share were -¥0.0490, showing a 52.98% improvement from -¥0.1042 in the same quarter last year[5] - The company reported a 72.66% reduction in net profit after deducting non-recurring gains and losses, with a loss of ¥11,561,075.19 compared to a loss of ¥42,286,281.68 in the previous year[5] - Total operating revenue for Q1 2024 was ¥434.24 million, a decrease of 45.7% compared to ¥798.89 million in the same period last year[24] - Net loss for Q1 2024 was ¥13.65 million, an improvement from a net loss of ¥22.21 million in Q1 2023, representing a 38.5% reduction in losses[25] Cash Flow - The net cash flow from operating activities was -¥349,756,023.65, a significant decline of 897.82% compared to a positive cash flow of ¥43,839,215.28 in Q1 2023[11] - The company reported a negative cash flow from operating activities of ¥349.76 million, compared to a positive cash flow of ¥43.84 million in the previous year[27] - The company reported a significant decrease in cash flow from investment activities, with a net outflow of -¥6,401,085.64 compared to a positive inflow of ¥73,905,373.11 in Q1 2023, mainly due to the disposal of equity stakes in subsidiaries[11] - Cash inflow from financing activities totaled 52,566,247.32, down from 62,366,865.44 year-over-year[28] - The net cash flow from financing activities was -35,028,992.70, compared to -54,469,881.38 in the previous period[28] - The cash and cash equivalents at the end of the period amounted to 45,647,177.36, a significant decrease from 436,808,297.38 at the beginning of the period[28] Assets and Liabilities - Total assets decreased by 9.11% to ¥3,549,206,204.65 from ¥3,905,005,898.56 at the end of the previous year[5] - The company's current assets decreased to CNY 2,779,765,846.69 from CNY 3,120,632,140.21, reflecting a decline of approximately 10.94%[20] - Total liabilities decreased to CNY 3,299,688,993.18 from CNY 3,641,839,074.39, reflecting a decline of approximately 9.39%[21] - Short-term borrowings were reported at CNY 242,636,072.50, down from CNY 287,962,785.12, indicating a decrease of about 15.75%[21] - The company's total equity remained stable at CNY 276,630,020.00, unchanged from the previous period[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 25,369[13] - The largest shareholder, Zhuhai Gree Financial Investment Management Co., holds 22.77% of shares, totaling 63,000,000 shares[13] - The second-largest shareholder, Wan Guojing, owns 11.06% with 30,603,975 shares, of which 22,952,981 shares are pledged[13] - The total number of shares held by the top ten shareholders includes significant pledges, with a total of 30,497,175 shares pledged by Wan Guojing alone[13] - The report indicates that 1.00% of shares are held by Tang Fen, totaling 2,756,677 shares, with 2,067,508 shares pledged[13] Research and Development - Research and development expenses decreased by 38.34% to ¥23,764,918.23 from ¥38,544,810.82 in Q1 2023, primarily due to a significant drop in lithium battery raw material prices[10] - Research and development expenses for Q1 2024 were ¥23.76 million, a decrease of 38.5% from ¥38.54 million in Q1 2023[24] Other Information - The report does not indicate any changes in the number of preferred shareholders or their holdings[15] - There are no changes in the restricted shares for the reporting period, with all restricted shares remaining unchanged[16] - The company has a stock incentive plan in place, with specific restrictions on the transfer of shares by executives[16] - The company has implemented a stock incentive plan with specific restrictions on share transfers for executives, ensuring alignment with long-term performance goals[18] - The report does not mention any new product developments, market expansions, or mergers and acquisitions[14]