新华锦(600735) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 470,350,786.65, a decrease of 16.28% compared to CNY 561,836,351.48 in the same period last year[4] - Net profit attributable to shareholders was CNY 7,355,008.97, down 28.64% from CNY 10,306,212.24 year-on-year[4] - Basic and diluted earnings per share decreased by 28.33% to CNY 0.0172 from CNY 0.0240 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 470,350,786.65, a decrease of 16.3% compared to CNY 561,836,351.48 in Q1 2023[19] - Total operating costs for Q1 2024 were CNY 444,937,538.45, down 17.5% from CNY 540,226,995.28 in Q1 2023[19] - Net profit for Q1 2024 was CNY 19,127,889.08, a slight decrease of 1.7% from CNY 19,453,569.62 in Q1 2023[20] - The net profit attributable to shareholders of the parent company was CNY 7,355,008.97, down 28.5% from CNY 10,306,212.24 in Q1 2023[20] - The total comprehensive income for Q1 2024 was CNY 19,014,866.77, compared to CNY 17,299,474.16 in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 466.21%, reaching CNY 76,841,307.73 compared to CNY 13,873,620.32 in the previous year[5] - Cash flow from operating activities for Q1 2024 was CNY 76,841,307.73, significantly up from CNY 13,571,236.89 in Q1 2023[25] - Cash received from sales of goods and services was CNY 466,327,537.08, a decrease of 23.7% compared to CNY 611,281,419.24 in Q1 2023[24] - The company reported a cash outflow from investment activities of CNY 283,760,650.05, an increase from CNY 141,302,109.11 in Q1 2023[25] - The net cash flow from financing activities was -65,553,194.63, compared to -26,204,339.03 in Q1 2023, indicating a significant increase in cash outflow[26] - The total cash and cash equivalents at the end of Q1 2024 were 564,671,778.19, down from 596,602,450.79 at the end of Q1 2023, reflecting a decrease of approximately 5.34%[26] - The cash and cash equivalents decreased by 11,073,133.35 in Q1 2024, compared to a decrease of 7,608,351.76 in Q1 2023, indicating a worsening liquidity position[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,213,613,231.70, reflecting a decrease of 2.19% from CNY 2,263,251,222.56 at the end of the previous year[5] - As of March 31, 2024, total assets amounted to CNY 2,213,613,231.70, a decrease from CNY 2,263,251,222.56 at the end of 2023, reflecting a decline of approximately 2.2%[14] - Total current liabilities decreased to CNY 642,251,843.86 from CNY 698,110,831.84, representing a reduction of about 8.0%[16] - Total liabilities decreased to CNY 690,148,482.32 from CNY 747,149,032.45, a reduction of approximately 7.6%[16] - The company reported a total equity of CNY 1,523,464,749.38 as of March 31, 2024, compared to CNY 1,516,102,190.11 at the end of 2023, showing a slight increase of about 0.5%[16] - The company’s total equity attributable to shareholders increased slightly by 0.54% to CNY 1,345,769,749.54 from CNY 1,338,548,895.33 at the end of the previous year[5] Investments and Acquisitions - The company completed the acquisition of 100% equity in Shandong Xinhua Jin New Material Technology Co., Ltd. in July 2023, which is now a wholly-owned subsidiary[5] - Investment income increased by 388.28% due to significant foreign exchange losses in the same period last year[8] Tax and Expenses - The company reported a 30.90% increase in income tax expenses, attributed to profitability in certain business segments[8] - The company experienced a 52.09% decrease in contract liabilities, indicating a reduction in advance payments received[8] Shareholder Information - The company has no significant changes in the top 10 shareholders or their shareholding status compared to the previous period[12] - The company did not engage in any financing or securities lending activities during the reporting period[12] - The company did not apply new accounting standards or interpretations starting in 2024, indicating stability in financial reporting practices[26] Other Information - There are no significant new strategies or product developments mentioned in the report[12]