上纬新材(688585) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 333,557,856.93, representing a year-on-year increase of 3.94%[5] - The net profit attributable to shareholders for the same period was CNY 18,444,464.55, reflecting a growth of 3.99% compared to the previous year[5] - The basic earnings per share (EPS) increased by 25.00% to CNY 0.05[5] - Total operating revenue for Q1 2024 was CNY 333,557,856.93, an increase of 3.9% compared to CNY 320,922,706.99 in Q1 2023[19] - Net profit for Q1 2024 reached CNY 18,210,236.30, compared to CNY 17,736,186.07 in Q1 2023, representing a growth of 2.7%[20] - The total equity attributable to shareholders of the parent company was CNY 1,219,615,213.93, slightly up from CNY 1,213,523,164.49 in the previous year[17] - The company reported a basic earnings per share of CNY 0.05 for Q1 2024, compared to CNY 0.04 in Q1 2023, indicating a 25% increase[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 1,825,412,284.37, a 2.31% increase from the end of the previous year[6] - As of March 31, 2024, the total assets of the company amounted to RMB 1,825,412,284.37, an increase from RMB 1,784,246,913.41 as of December 31, 2023, reflecting a growth of approximately 2.3%[15] - The company's current assets totaled RMB 1,315,520,523.60, compared to RMB 1,279,019,789.21 at the end of 2023, indicating an increase of about 2.5%[15] - The company's total liabilities increased to CNY 600,777,166.05 in Q1 2024 from CNY 567,143,009.83 in Q1 2023, marking an increase of 5.9%[19] - The total liabilities of the company were not explicitly stated, but accounts payable decreased to RMB 237,874,561.36 from RMB 270,240,912.68, indicating a reduction of about 12%[15] Cash Flow - The net cash flow from operating activities was CNY 10,471,218.41, with no applicable year-on-year comparison due to changes in bill maturity[5][9] - In Q1 2024, the net cash flow from operating activities was $10,471,218.41, a significant improvement compared to a net outflow of $23,891,002.69 in Q1 2023[22] - Cash inflow from operating activities totaled $198,536,414.06 in Q1 2024, down 16% from $236,226,160.17 in Q1 2023[22] - Cash outflow from operating activities decreased to $188,065,195.65 in Q1 2024, compared to $260,117,162.86 in Q1 2023, reflecting a 28% reduction[22] - The net cash flow from investing activities was -$108,405,912.12 in Q1 2024, worsening from -$33,529,612.03 in Q1 2023[23] - The net cash flow from financing activities was -$1,106,123.67 in Q1 2024, a decline from a positive inflow of $1,376,817.11 in Q1 2023[23] Research and Development - The company's R&D investment totaled CNY 7,369,014.68, accounting for 2.21% of operating revenue, which is a decrease of 0.15 percentage points year-on-year[6] - Research and development expenses for Q1 2024 were CNY 7,369,014.68, a slight decrease from CNY 7,586,044.39 in Q1 2023[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,045[10] - The largest shareholder, SWANCOR IND., holds 64.03% of the shares, while Strategic Capital Holding Limited holds 15.20%[11] - The company reported no significant changes in the top ten shareholders or their participation in margin financing and securities lending[13] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - There were no significant reminders or additional important information regarding the company's operational status during the reporting period[13] - The company executed a new accounting standard starting in 2024, which may impact future financial reporting[23]