Financial Performance - Operating revenue for Q1 2024 was CNY 209,976,797.08, a decline of 19.58% from CNY 261,085,134.50 in Q1 2023[11] - Net profit attributable to shareholders decreased by 18.88% to CNY 46,793,297.33 compared to CNY 57,686,439.75 in the same period last year[11] - The total operating profit for the first quarter of 2024 is CNY 59,587,265.55, down from CNY 71,911,758.85 in the first quarter of 2023, reflecting a decline of 17.1%[35] - The net profit for the first quarter of 2024 is CNY 46,793,297.33, a decrease of 18.9% compared to CNY 57,686,439.75 in the same period of 2023[35] - The basic and diluted earnings per share for the first quarter of 2024 are both CNY 0.14, down from CNY 0.18 in the first quarter of 2023[36] - The total comprehensive income attributable to the parent company for the first quarter of 2024 is CNY 46,793,297.33, down from CNY 57,686,439.75 in the first quarter of 2023[36] Cash Flow and Liquidity - The net cash flow from operating activities was CNY -30,706,589.71, a significant increase in outflow of 95.14% compared to CNY -15,735,787.22 in Q1 2023[11] - The company incurred a total operating cash outflow of CNY 132,369,741.92 in the first quarter of 2024, compared to CNY 93,447,741.50 in the same period of 2023[37] - The company reported cash inflow from sales of goods and services of CNY 101,010,591.95 in the first quarter of 2024, an increase from CNY 76,538,642.30 in the same period of 2023[37] - The total cash and cash equivalents at the end of the first quarter of 2024 is CNY 132,466,437.70, a decrease from CNY 247,295,793.80 at the end of the first quarter of 2023[38] - The company reported a net cash outflow from investing activities of CNY 1,264,708.42 in the first quarter of 2024, compared to CNY 89,517,284.84 in the first quarter of 2023[38] Assets and Liabilities - Total assets decreased by 3.71% to CNY 2,394,277,213.49 compared to the end of last year[11] - The company's debt-to-asset ratio improved to 29.29% from 33.83% at the end of the previous year[11] - Total current assets decreased to ¥771,460,915.93 from ¥840,566,423.55, a decline of 8.2%[30] - Non-current assets totaled ¥1,622,816,297.56, down from ¥1,646,003,544.53, a decrease of 1.4%[31] - Total liabilities decreased to ¥701,221,628.95 from ¥841,039,884.83, a reduction of 16.7%[32] - Shareholders' equity increased to ¥1,693,055,584.54 from ¥1,645,530,083.25, an increase of 2.9%[32] Shareholder Information - Total shares outstanding are 324,661,590 with 7,776 common shareholders[19] - The largest shareholder, China Pingmei Shenma Group Co., Ltd., holds 63,469,010 shares, representing 19.55% of total shares[20] - The second largest shareholder, Henan Pingmei Shenma Shoushan Carbon Materials Co., Ltd., holds 58,937,180 shares, accounting for 18.15%[20] - The company has a total of 246,937,900 shares held by the top ten shareholders, which is 76.06% of total shares[21] Research and Development - Research and development expenses decreased by 54.20% to CNY 3,961,872.73 due to reduced investment in materials and electricity[13] - Research and development expenses for Q1 2024 were ¥3,961,872.73, down from ¥8,650,533.57 in Q1 2023, a decrease of 54.2%[34] Other Financial Metrics - The company reported a significant increase in contract liabilities by 365.22% to CNY 640,599.82 due to increased customer prepayments[12] - Long-term borrowings rose by 35.99% to CNY 110,884,230.84 due to new loans from Citic Bank[13] - Non-recurring gains and losses for the period amounted to CNY 917,227.29 after tax[16] Asset Restrictions - The company has frozen cash assets valued at 25,800,704.90 yuan, which is 1.08% of total assets[27] - Pledged accounts receivable amount to 15,433,200.00 yuan, representing 0.64% of total assets[27] - The company has non-terminable accounts receivable confirmed at 108,017,649.33 yuan, which is 4.51% of total assets[27] - Total assets with restrictions amount to 149,251,554.23 yuan, making up 6.23% of total assets[27] Corporate Governance - The company has not reported any litigation or arbitration matters during the reporting period[25] - Daily related transactions have been approved by the board and shareholders for 2024[26]
硅烷科技(838402) - 2024 Q1 - 季度财报