湘潭电化(002125) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥359,704,613.62, a decrease of 22.51% compared to ¥464,219,545.45 in the same period last year[5] - Net profit attributable to shareholders increased by 20.07% to ¥48,562,556.94 from ¥40,444,662.16 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 73.44% to ¥48,281,817.31 compared to ¥27,837,017.90 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 359.70 million, a decrease of 22.5% compared to CNY 464.22 million in Q1 2023[19] - Net profit for Q1 2024 reached CNY 47.97 million, an increase of 20.5% from CNY 39.96 million in Q1 2023[20] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.08, up from CNY 0.06 in the same period last year[21] Cash Flow - The net cash flow from operating activities significantly decreased by 84.78% to ¥2,337,316.11 from ¥15,353,435.59 in the same period last year[5] - The net cash flow from operating activities for the current period is CNY 2,337,316.11, a decrease of 84.8% compared to CNY 15,353,435.59 in the previous period[22] - Total cash inflow from operating activities decreased to CNY 304,510,965.84, down 20.8% from CNY 384,028,572.75 in the previous period[22] - Cash outflow from operating activities was CNY 302,173,649.73, a reduction of 18.0% compared to CNY 368,675,137.16 in the previous period[22] - The net cash flow from investing activities was CNY -49,356,245.21, worsening from CNY -5,862,403.38 in the previous period[24] - The net cash flow from financing activities decreased significantly to CNY -117,317,054.03, compared to CNY 136,817,283.26 in the previous period[24] - The ending balance of cash and cash equivalents is CNY 307,905,263.87, down from CNY 350,065,659.87 in the previous period[24] - Cash received from the disposal of fixed assets was CNY 117,803.60, a significant decrease from CNY 17,787,800.00 in the previous period[24] - Cash paid for the purchase of fixed assets was CNY 49,474,048.81, an increase from CNY 23,650,203.38 in the previous period[24] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,866,853,376.72, down 3.00% from ¥5,017,246,028.93 at the end of the previous year[5] - Total assets as of the end of Q1 2024 were CNY 4.87 billion, a slight decrease from CNY 5.02 billion at the end of Q1 2023[17] - Total liabilities decreased to CNY 1.98 billion, down from CNY 2.18 billion in the previous year[17] - The equity attributable to shareholders increased by 1.77% to ¥2,833,012,948.76 from ¥2,783,741,545.10 at the end of the previous year[5] - The company's equity attributable to shareholders increased to CNY 2.83 billion, compared to CNY 2.78 billion in Q1 2023[17] Research and Development - Research and development expenses increased by 69.40% to ¥16,700,518.83 compared to ¥9,858,886.45 in the previous year[9] - R&D expenses increased to CNY 16.70 million, up 69.7% from CNY 9.86 million in the previous year[19] Investment and Financing - The company reported a 54.02% decrease in investment income to ¥10,094,230.83 from ¥21,954,308.41 year-on-year[9] - The company plans to issue convertible bonds to raise up to 487 million yuan for a lithium battery material project and working capital[13] - The company is currently in the second round of inquiries regarding its convertible bond issuance application, which is still under review[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 49,736[10] - The largest shareholder, Xiangtan Electric Group Co., Ltd., holds 184,095,427 shares, accounting for 29.25% of total shares, with 79,090,000 shares pledged[10] Inventory and Receivables - Accounts receivable decreased from 352,626,115.94 yuan to 315,817,716.74 yuan during the reporting period[15] - Inventory increased significantly from 375,453,379.27 yuan to 456,543,299.45 yuan[15] Debt Settlement - The company signed a debt settlement agreement with the management committee of the Yutang Economic Development Zone, involving a compensation payment of 15,000.2 million yuan[12] - The company has completed the bidding process for the asset involved in the debt settlement, only needing to pay an additional 19.01 million yuan beyond the compensation amount[12] Ongoing Projects - The company has ongoing projects in construction valued at CNY 144.78 million, an increase from CNY 103.65 million in Q1 2023[17] Audit Information - The company did not undergo an audit for the first quarter report[25]