宝泰隆(601011) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥522,442,693.72, a decrease of 37.07% compared to the same period last year[1] - The net profit attributable to shareholders was -¥89,941,930.76, representing a decline of 396.77% year-on-year[1] - Basic and diluted earnings per share were both -¥0.047, a decrease of 393.44% compared to the previous year[1] - The company reported a significant decline in gross profit, with the gross profit from coke products decreasing by ¥83,060,000, primarily due to a drop in sales volume and price[3] - Net loss for Q1 2024 was ¥96,611,340.20, compared to a net profit of ¥29,814,499.68 in Q1 2023, indicating a significant decline in profitability[17] - The company reported a total comprehensive loss of ¥96,611,340.20 in Q1 2024, contrasting with a comprehensive income of ¥29,814,499.68 in Q1 2023[18] - Operating revenue for Q1 2024 was ¥496.18 million, a decrease of 39.7% compared to ¥822.70 million in Q1 2023[25] - Net profit for Q1 2024 was a loss of ¥72.78 million, compared to a loss of ¥16.33 million in Q1 2023, indicating a significant decline in profitability[26] - The company reported a total comprehensive income of -¥72.78 million in Q1 2024, compared to -¥16.33 million in Q1 2023, indicating a worsening financial position[26] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 41.83% to ¥141,142,409.06[1] - Cash inflow from operating activities was ¥626,367,740.21 in Q1 2024, down from ¥865,785,645.84 in Q1 2023, a decrease of 27.6%[20] - The net cash flow from operating activities for Q1 2024 was ¥141,142,409.06, a decrease of 42% compared to ¥242,622,427.27 in Q1 2023[21] - The company's cash and cash equivalents at the end of Q1 2024 were ¥165,009,735.24, compared to ¥271,747,329.01 at the end of Q1 2023, indicating a decrease of 39.2%[21] - Cash and cash equivalents at the end of Q1 2024 were ¥44.17 million, down from ¥141.76 million at the end of Q1 2023[28] - Cash inflow from financing activities in Q1 2024 was ¥65.00 million, a decrease from ¥292.98 million in Q1 2023[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,202,878,054.92, a decrease of 1.61% from the end of the previous year[1] - The total assets as of March 31, 2024, were approximately ¥12.20 billion, down from ¥12.40 billion at the end of 2023[13] - The company's total assets decreased to ¥10,156,740,376.37 as of March 31, 2024, from ¥10,243,650,964.58 at the end of 2023, reflecting a decline of about 0.85%[24] - The company's total liabilities decreased to ¥5,598,845,543.54 in Q1 2024 from ¥5,701,070,999.61 in Q1 2023, a reduction of 1.8%[14] - The total liabilities as of March 31, 2024, were ¥4,231,444,702.07, slightly down from ¥4,243,652,573.30 at the end of 2023[23] - The company's total owner's equity decreased to ¥5,925,295,674.30 as of March 31, 2024, from ¥5,999,998,391.28 at the end of 2023, a decline of about 1.24%[24] Operational Challenges - The company faced significant operational impacts due to safety inspections leading to the suspension of coal production, affecting Q1 2024 output[8] - The company is awaiting safety inspections to resume operations at its coal mines, which are currently on hold[9] Shareholder Information - The total number of common shareholders at the end of the reporting period was 88,852[6] - The largest shareholder, Baotailong Group Co., Ltd., holds 445,891,693 shares, accounting for 23.28% of the total shares[6] Research and Development - Research and development expenses increased by 30.65%, attributed to higher investment in graphene application technology[3] - Research and development expenses increased to ¥2,100,231.73 in Q1 2024 from ¥1,607,531.82 in Q1 2023, representing a growth of 30.6%[17] Inventory and Receivables - The company experienced a 35.95% decrease in accounts receivable, mainly due to the recovery of customer debts[3] - Accounts receivable decreased from ¥105.98 million to ¥67.88 million, representing a decline of approximately 36%[12] - Inventory decreased significantly from ¥709.69 million to ¥452.76 million, a reduction of about 36%[12] - The company's inventory decreased significantly to ¥403,586,376.75 in Q1 2024 from ¥667,621,298.83 in Q1 2023, a reduction of approximately 39.5%[22] - The company reported a significant decrease in accounts payable from ¥1.55 billion to ¥1.41 billion, a reduction of about 9%[13]