天赐材料(002709) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥2,463,055,780.57, a decrease of 42.91% compared to ¥4,313,996,360.31 in the same period last year[4] - Net profit attributable to shareholders was ¥114,391,149.88, down 83.54% from ¥694,765,271.75 year-on-year[4] - The basic earnings per share decreased to ¥0.06, representing an 83.33% decline from ¥0.36 in the previous year[10] - Net profit for the current period is ¥113,652,481.20, a decline of 83.7% compared to ¥699,736,784.61 in the previous period[22] - Basic earnings per share for the current period is ¥0.06, down from ¥0.36 in the previous period[23] Cash Flow - The net cash flow from operating activities improved to ¥21,988,431.67, a 104.49% increase compared to a negative cash flow of ¥489,551,652.75 in Q1 2023[12] - Cash inflow from operating activities is ¥1,405,855,277.46, slightly down from ¥1,423,276,417.98 in the previous period[25] - The net cash flow from operating activities was 21,988,431.67 CNY, a significant improvement from a negative cash flow of -489,551,652.75 CNY in the previous period[26] - The cash flow from operating activities decreased to 1,383,866,845.79 CNY from 1,912,828,070.73 CNY, indicating a decline in operational efficiency[26] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥23,940,612,058.84, a slight decrease of 0.15% from ¥23,976,869,911.88 at the end of the previous year[4] - Total current assets amount to ¥9,925,468,316.54, a slight decrease from ¥9,936,209,168.79 at the beginning of the period[18] - Total liabilities amount to ¥10,237,312,623.91, a decrease from ¥10,397,214,803.90 in the previous period[19] - Total liabilities include accounts payable of ¥2,879,160,632.23, down from ¥3,261,079,276.45, a decrease of approximately 11.7%[18] Operating Costs and Income - The company's operating costs decreased by 33.87% to ¥1,981,947,354.62, primarily due to a significant drop in lithium-ion battery raw material prices[9] - The company reported a significant increase in other income, which rose by 89.70% to ¥14,026,295.56 due to increased government subsidies[10] - Total operating costs for the current period are ¥2,372,105,957.38, down 30.4% from ¥3,409,730,727.53 in the previous period[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 192,249[14] - The largest shareholder, Xu Jinfeng, holds 36.31% of shares, totaling 698,668,092 shares[14] Investment Activities - Total cash outflow from investing activities was 530,965,628.54 CNY, compared to 1,516,108,107.37 CNY in the prior period, indicating a reduction in investment expenditures[26] - The cash flow from investment activities showed a net outflow of -485,044,947.67 CNY, compared to -1,465,815,990.37 CNY in the prior period, reflecting a decrease in investment losses[26] Other Financial Metrics - The weighted average return on equity fell to 0.85%, a decrease of 4.69 percentage points from 5.54% in the previous year[4] - The company reported a decrease in research and development expenses to ¥136,917,425.02 from ¥137,641,021.44 in the previous period[22] - Other comprehensive income after tax for the current period is ¥3,080,331.24, compared to a loss of ¥6,261,560.96 in the previous period[23] Strategic Initiatives - The company is exploring new strategies for market expansion and product development, although specific details were not disclosed in the provided content[16] Audit Information - The company did not undergo an audit for the first quarter report[27]