博迁新材(605376) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 reached ¥199,887,471.13, representing a year-on-year increase of 60.33%[5] - Net profit attributable to shareholders was ¥15,578,818.60, showing a significant increase of 764.90% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,498,704.18, up by 208.12% year-on-year[5] - The basic earnings per share for the period was ¥0.06, reflecting a 764.90% increase from the previous year[6] - Net profit for Q1 2024 reached CNY 15,578,818.60, a significant increase from CNY 1,801,236.09 in Q1 2023, representing a growth of 765.5%[23] - Operating profit for Q1 2024 was CNY 17,200,245.06, compared to a loss of CNY 7,776,075.33 in the same period last year[22] - The company achieved a basic and diluted earnings per share of CNY 0.06 in Q1 2024, compared to CNY 0.01 in Q1 2023[23] Cash Flow and Assets - The net cash flow from operating activities was ¥2,395,510.56, a decrease of 95.11% compared to the same period last year, primarily due to the return of government subsidies[10] - Cash and cash equivalents as of March 31, 2024, amounted to RMB 103,044,015.18, up from RMB 95,740,103.46 at the end of 2023, reflecting a growth of 1.4%[16] - Cash flow from operating activities generated a net inflow of CNY 2,395,510.56 in Q1 2024, down from CNY 49,014,875.79 in Q1 2023[25] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 103,036,015.17, compared to CNY 176,306,685.10 at the end of Q1 2023[26] - The net cash outflow from investing activities was CNY -45,446,162.96 in Q1 2024, compared to CNY -51,035,213.09 in Q1 2023, indicating an improvement[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,950,860,824.40, a slight increase of 0.47% from the end of the previous year[6] - Total assets increased to RMB 1,950,860,824.40 from RMB 1,941,721,201.25, showing a growth of 0.9%[18] - Total liabilities decreased to RMB 357,003,353.58 from RMB 363,442,549.03, reflecting a reduction of 1.2%[18] - The company's equity attributable to shareholders rose to RMB 1,593,857,470.82 from RMB 1,578,278,652.22, an increase of 1.0%[18] - Short-term borrowings increased to RMB 96,065,555.55 from RMB 80,065,555.55, marking a rise of 20.0%[17] Shareholder Information - The company had a total of 16,033 common shareholders at the end of the reporting period[12] - The top shareholder, Ningbo Guanghongyuan Venture Capital Partnership, held 51,553,800 shares, accounting for 19.71% of the total shares[12] Operating Costs and Expenses - Total operating costs for Q1 2024 were CNY 189,312,051.94, an increase of 39.0% compared to CNY 136,185,086.07 in Q1 2023[22] - Research and development expenses decreased to CNY 13,084,847.03 in Q1 2024 from CNY 17,540,716.23 in Q1 2023, a reduction of 25.4%[22] - The company incurred financial expenses of CNY -607,940.92 in Q1 2024, a decrease from CNY 2,771,423.47 in Q1 2023[22] Other Information - The company reported non-recurring gains of ¥5,080,114.42 for the period, primarily from government subsidies[9] - The company has not indicated any significant new product developments or market expansion strategies in the current report[14] - Accounts receivable decreased to RMB 166,134,800.36 from RMB 182,496,425.68, indicating a reduction of 8.9%[16] - Inventory levels decreased to RMB 395,734,408.69 from RMB 434,507,338.17, representing a decline of 8.9%[16] - The company reported a total revenue from sales of goods and services of CNY 175,903,756.82 in Q1 2024, compared to CNY 168,254,295.55 in Q1 2023, reflecting a growth of 4.9%[25]