NBMC(SH:600798)2024-04-26 12:41Financial Performance - The company's operating revenue for Q1 2024 was ¥453,777,457.04, representing a year-on-year increase of 1.95%[4]. - The net profit attributable to shareholders was a loss of ¥24,587,643.55, a decrease of ¥28,651,400 from the same period last year[4][6]. - Basic and diluted earnings per share were both -¥0.0204, a decrease of ¥0.0238 compared to the same period last year[4][6]. - The company reported a net loss of CNY 34,004,063.39 for Q1 2024, compared to a net profit in the same period last year[18]. - In Q1 2024, the company reported a net loss of ¥34,202,135.34, compared to a net profit of ¥10,990,986.31 in Q1 2023, indicating a significant decline in profitability[19]. - The total comprehensive loss for Q1 2024 was ¥34,036,996.31, compared to a comprehensive income of ¥9,966,607.67 in the same period last year[19]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 58.52%, amounting to ¥68,504,583.31, primarily due to the absence of a significant receivable collection from the previous year[4][6]. - The company generated operating cash flow of ¥68,504,583.31 in Q1 2024, down from ¥165,143,723.70 in Q1 2023, reflecting a decrease of approximately 58.6%[20]. - Sales revenue from goods and services received in cash was ¥422,215,495.11, a decrease of 12.9% from ¥485,209,424.12 in Q1 2023[20]. - The company’s operating cash outflow totaled ¥368,911,757.10, compared to ¥342,211,296.08 in the previous year, indicating an increase in cash outflows[20]. - The net cash flow from investing activities was -¥14,599,540.24, compared to -¥144,946,069.15 in Q1 2023, showing an improvement in cash outflow management[21]. - The net cash flow from financing activities was -¥56,591,745.81, worsening from -¥21,496,793.03 in the same quarter last year[21]. - The company ended Q1 2024 with cash and cash equivalents of ¥530,950,441.95, slightly down from ¥533,529,096.87 at the beginning of the quarter[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,687,212,344.02, a decrease of 0.90% from the end of the previous year[4]. - Total assets decreased to CNY 6,687,212,344.02 as of March 31, 2024, from CNY 6,747,934,510.28 at the end of 2023[14]. - Total liabilities decreased to CNY 1,526,556,709.06 as of March 31, 2024, from CNY 1,554,486,550.13 at the end of 2023[14]. - Shareholders' equity as of March 31, 2024, was CNY 5,160,655,634.96, down from CNY 5,193,447,960.15 at the end of 2023[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,744[7]. - The largest shareholder, Ningbo Shipping Group Co., Ltd., holds 31.11% of the shares[7]. - Zhejiang Energy Group Co., Ltd. is the second-largest shareholder with a 12.62% stake[7]. Operating Costs and Profitability - Total operating costs for Q1 2024 were CNY 499,199,291.23, up from CNY 444,600,408.38 in Q1 2023, representing an increase of 12.3%[18]. - Operating profit for Q1 2024 was a loss of CNY 34,004,063.39, compared to a profit of CNY 18,814,335.42 in Q1 2023[18]. - The weighted average return on net assets was -0.62%, down from 0.10% in the same period last year[4][6]. - The company reported a tax expense of ¥205,782.09 in Q1 2024, a significant decrease from ¥7,877,508.38 in Q1 2023, indicating a lower taxable income due to losses[19]. Government Subsidies - The company received government subsidies amounting to ¥11,200,000, which are not related to its normal business operations[6].