Financial Performance - Net profit attributable to shareholders increased by 229.73% to CNY 41,785,172.30, recovering from a loss of CNY 32,209,623.73 in the same period last year[11] - Operating revenue rose by 57.18% to CNY 803,013,192.01, driven by market expansion and increased orders in the lithium battery sector[13] - The company's net asset return rate based on net profit attributable to shareholders increased to 5.73% from -3.23% year-on-year[11] - The company reported a significant increase in management expenses by 34.66% due to the consolidation of Shenzhen Juhua Yuan following an acquisition[13] - The company’s non-recurring gains and losses totaled CNY 5,482,651.21 after tax, contributing positively to the overall profit[15] - Total operating revenue for Q1 2024 reached ¥803,013,192.01, a significant increase of 56.1% compared to ¥510,871,806.36 in Q1 2023[33] - Operating profit for Q1 2024 was ¥52,311,447.37, a turnaround from a loss of ¥64,088,320.84 in Q1 2023[34] - Net profit for Q1 2024 was ¥46,396,797.67, compared to a net loss of ¥60,012,716.83 in the same period last year, indicating a recovery[34] - The total profit for Q1 2024 was ¥52,336,443.15, a significant improvement from a loss of ¥63,117,196.79 in Q1 2023[34] - The company’s total comprehensive income for Q1 2024 was ¥46,396,797.67, compared to a comprehensive loss of ¥60,012,716.83 in Q1 2023[34] - The total comprehensive income for Q1 2024 was CNY 31,798,284.76, compared to CNY 23,165,679.57 in Q1 2023, representing an increase of approximately 37.0%[36] Cash Flow and Assets - The net cash flow from operating activities improved by 143.17% to CNY 47,617,398.56, reflecting better cash management[13] - Cash inflow from operating activities totaled CNY 504,258,203.77 in Q1 2024, up from CNY 458,421,041.82 in Q1 2023, indicating a growth of about 10.0%[37] - Cash outflow from operating activities decreased to CNY 456,640,805.21 in Q1 2024 from CNY 568,716,110.50 in Q1 2023, a reduction of approximately 19.7%[37] - The net cash flow from investing activities was negative CNY 57,558,195.04 in Q1 2024, an improvement from negative CNY 112,801,654.82 in Q1 2023[38] - Cash flow from financing activities resulted in a net outflow of CNY 71,543,696.15 in Q1 2024, compared to a net inflow of CNY 119,299,395.34 in Q1 2023[38] - The ending balance of cash and cash equivalents was CNY 248,713,195.53 at the end of Q1 2024, compared to CNY 154,814,430.26 at the end of Q1 2023, reflecting an increase of approximately 60.6%[38] - Cash and cash equivalents decreased to ¥263,382,526.78 from ¥344,192,765.73, a reduction of about 23.5%[27] - The company received CNY 173,250,000.00 in borrowings during Q1 2024, up from CNY 131,260,317.90 in Q1 2023, indicating a growth of about 32.0%[38] Assets and Liabilities - Total assets decreased by 3.54% to CNY 4,318,806,622.92 compared to the end of last year[11] - The debt-to-asset ratio for the consolidated entity decreased to 80.09% from 81.89% at the end of last year[11] - Total liabilities decreased from CNY 3,666,218,054.30 in December 2023 to CNY 3,459,072,291.54 in March 2024, a decline of about 5.66%[29] - Current liabilities decreased from CNY 2,955,133,495.58 in December 2023 to CNY 2,733,166,338.24 in March 2024, a reduction of approximately 7.5%[29] - Non-current liabilities increased from CNY 711,084,558.72 in December 2023 to CNY 725,905,953.30 in March 2024, an increase of about 2.1%[29] - Shareholders' equity increased from CNY 810,913,542.41 in December 2023 to CNY 859,734,331.38 in March 2024, an increase of approximately 6.0%[29] - Total current assets decreased to ¥2,014,810,633.64 from ¥2,197,704,175.09 as of December 31, 2023, a decline of approximately 8.31%[27] - Accounts receivable decreased to ¥610,415,378.15 from ¥703,536,235.52, reflecting a decline of approximately 13.2%[27] - Inventory increased from CNY 93,227,691.50 in December 2023 to CNY 107,838,229.31 in March 2024, an increase of about 15.7%[30] Shareholder Information - The total number of shares outstanding is 130,053,003, with 38.23% being unrestricted shares and 61.77% being restricted shares[17] - The largest shareholder, Sichuan Changhong Electric Holding Group, holds 78,400,000 shares, representing 60.28% of the total shares[18] - The total number of shareholders holding common stock is 6,021[17] - The company has no pledged or judicially frozen shares among its major shareholders[20] - There were no significant changes in the number of shares held by the top ten shareholders during the reporting period[19]
长虹能源(836239) - 2024 Q1 - 季度财报