海象新材(003011) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥301,382,508.21, a decrease of 30.45% compared to ¥433,359,930.82 in the same period last year[5] - Net profit attributable to shareholders was ¥10,981,594.77, down 83.67% from ¥67,242,810.35 year-on-year[5] - Basic and diluted earnings per share were both ¥0.11, reflecting an 83.08% decline from ¥0.65 in the prior year[5] - Total operating revenue for the first quarter was ¥301,382,508.21, a decrease of 30.4% compared to ¥433,359,930.82 in the previous period[16] - Net profit for the quarter was ¥10,981,594.77, down 83.7% from ¥67,242,810.35 in the same period last year[18] - The company reported a total comprehensive income of ¥6,208,229.36, significantly lower than ¥64,441,039.56 in the previous year[18] Cash Flow - The net cash flow from operating activities decreased by 69.46%, amounting to ¥40,424,925.90 compared to ¥132,388,184.62 in the previous year[5] - Operating cash flow generated was ¥40,424,925.90, a decline of 69.5% compared to ¥132,388,184.62 in the previous year[19] - The company experienced a net cash outflow from investing activities of ¥42,861,470.90, compared to an outflow of ¥99,101,704.34 in the previous year[19] - The net cash flow from financing activities was positive at ¥25,969,533.80, contrasting with a negative flow of ¥73,786,588.01 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,344,148,113.91, a slight increase of 0.14% from ¥2,340,803,842.15 at the end of the previous year[5] - Current assets totaled CNY 1,014,630,122.61, compared to CNY 998,270,586.01 at the start of the quarter, reflecting a growth of approximately 1.4%[13] - Total liabilities decreased to CNY 903,555,128.86 from CNY 920,327,471.96, a reduction of approximately 1.8%[14] - The total current liabilities amounted to CNY 895,301,218.41, a slight decrease from CNY 910,911,492.56, reflecting a decline of approximately 1.7%[14] Expenses - Total operating costs decreased to ¥291,919,416.18 from ¥374,101,423.03, reflecting a reduction of 21.9%[16] - The company experienced a 30.18% reduction in selling expenses, which amounted to ¥24,822,230.89, attributed to the decline in revenue[7] - Research and development expenses increased to ¥12,754,629.99 from ¥10,984,002.50, representing a rise of 16.1%[16] Other Financial Metrics - The company reported a significant increase in prepayments by 37.51%, totaling ¥19,392,744.48 due to increased material procurement[7] - Other receivables increased by 67.01%, reaching ¥37,910,611.12, primarily due to an increase in tax refunds receivable[7] - The company recorded a 135.20% increase in cash flow from financing activities, totaling ¥25,969,533.80, due to reduced cash payments for loan repayments[7] - The company reported a 170.17% decrease in other comprehensive income, amounting to -¥7,578,360.61, primarily due to foreign currency translation adjustments[7] - Cash and cash equivalents increased to CNY 257,120,604.52 from CNY 235,081,522.48, representing a rise of about 9.4%[13] - Accounts receivable decreased to CNY 285,108,288.95 from CNY 308,992,523.17, indicating a decline of approximately 7.7%[13] - Inventory rose to CNY 397,718,509.27 from CNY 386,435,486.37, showing an increase of about 2.9%[13] - Short-term borrowings increased to CNY 601,433,040.48 from CNY 541,291,163.62, marking an increase of approximately 11.1%[14] - The company's retained earnings rose to CNY 600,875,938.40 from CNY 589,894,343.63, indicating an increase of about 1.7%[14] - The equity attributable to shareholders of the parent company increased to CNY 1,440,592,985.05 from CNY 1,420,476,370.19, reflecting a growth of about 1.4%[15]