天晟新材(300169) - 2024 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2024 reached ¥125,857,021.17, an increase of 19.31% compared to ¥105,487,175.26 in the same period last year[5] - The company reported a 109.66% increase in investment income, rising to ¥282,043.36, attributed to higher wealth management returns[9] - Basic and diluted earnings per share improved to -¥0.0124, a 71.10% increase from -¥0.0429 in the previous year[5] - Total operating revenue for Q1 2024 reached CNY 125,857,021.17, an increase of 19.2% compared to CNY 105,487,175.26 in the same period last year[22] - The net loss for Q1 2024 was CNY 4,184,678.84, an improvement from a net loss of CNY 14,190,754.57 in Q1 2023[23] - The gross profit margin decreased to -5.9% in Q1 2024 from -13.1% in Q1 2023, indicating a reduction in profitability[23] Cash Flow and Liquidity - Net cash flow from operating activities fell significantly by 1,814.90%, amounting to -¥112,424,133.10, primarily due to increased cash payments for goods and services[5][9] - Cash flow from operating activities was CNY 156,965,144.66, compared to CNY 112,190,320.28 in the previous period, showing a significant increase[26] - The net cash flow from operating activities for Q1 2024 was -112,424,133.10 CNY, compared to a positive cash flow of 6,555,714.18 CNY in Q1 2023, indicating a significant decline[27] - Total cash inflow from operating activities was 163,226,974.09 CNY, while total cash outflow was 275,651,107.19 CNY, resulting in a cash outflow of 112,424,133.10 CNY[27] - The company reported a significant increase in cash paid for purchasing goods and services, totaling 219,486,174.95 CNY in Q1 2024, compared to 76,403,987.11 CNY in Q1 2023[27] - The company’s cash flow situation indicates a need for strategic adjustments to improve liquidity and operational efficiency moving forward[27] Assets and Liabilities - Total assets decreased by 16.48% to ¥968,898,817.93 from ¥1,160,041,808.31 at the end of the previous year[5] - The company's current assets decreased to CNY 484,234,485.00 from CNY 671,226,012.18, reflecting a decline of approximately 28%[20] - Cash and cash equivalents dropped significantly to CNY 28,140,960.41 from CNY 186,420,045.62, indicating a reduction of about 85%[19] - The total liabilities decreased to CNY 861,324,248.23 from CNY 1,048,876,708.64, a reduction of approximately 17.9%[23] - The total liabilities decreased to CNY 484,234,485.00 from CNY 671,226,012.18, indicating a reduction of approximately 28%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 29,488[11] - The total equity attributable to shareholders of the parent company was CNY 109,116,967.88, slightly down from CNY 112,558,236.09[23] Legal Challenges - The company faced legal challenges, including a patent infringement case where the Supreme Court ruled against the company, resulting in the dismissal of its claims[16] - The company has ongoing litigation regarding the invalidation of its patent rights, with a recent ruling against it in March 2024[16] Research and Development - Research and development expenses for Q1 2024 were CNY 3,247,188.45, a decrease of 8.2% from CNY 3,537,297.61 in the previous year[23]