中材节能(603126) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥548,627,998.84, representing a decrease of 9.05% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥26,716,716.29, down 23.05% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 30.96% to ¥22,145,587.05[5]. - The basic and diluted earnings per share were both ¥0.0438, reflecting a decline of 23.03%[5]. - The weighted average return on equity was 1.26%, a decrease of 0.43 percentage points compared to the previous year[5]. - Net profit for Q1 2024 was approximately ¥26.59 million, a decline of 47.8% compared to ¥50.86 million in Q1 2023[19]. - The company reported a total comprehensive income of approximately ¥22.12 million for Q1 2024, significantly lower than ¥54.10 million in Q1 2023[19]. - The company’s operating profit for Q1 2024 was approximately ¥29.87 million, down 50.2% from ¥60.04 million in Q1 2023[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,391,613,223.36, a decrease of 0.76% from the end of the previous year[5]. - As of March 31, 2024, the total assets of the company amounted to RMB 5,391,613,223.36, a slight decrease from RMB 5,432,830,245.83 at the end of 2023[16]. - The company's current assets totaled RMB 3,908,256,524.90, compared to RMB 3,935,842,754.05 at the end of 2023, indicating a decrease of approximately 0.7%[14]. - Total liabilities decreased from RMB 2,894,582,751.17 to RMB 2,830,684,402.12, a reduction of approximately 2.2%[16]. - The company reported a total current liability of RMB 2,428,766,496.96, down from RMB 2,507,498,184.32, a decrease of approximately 3.1%[16]. - Long-term borrowings increased from RMB 349,258,138.99 to RMB 369,030,455.33, an increase of about 5.0%[16]. Cash Flow - The cash flow from operating activities was negative at -¥309,646,449.62, indicating increased cash outflows for purchasing goods and services[5][9]. - Cash flow from operating activities showed a net outflow of approximately ¥309.65 million in Q1 2024, compared to a net outflow of ¥215.74 million in Q1 2023[23]. - Cash and cash equivalents decreased from RMB 1,242,133,954.31 to RMB 932,113,143.07, a decline of about 25%[14]. - Cash and cash equivalents at the end of Q1 2024 were approximately ¥776.44 million, an increase from ¥637.03 million at the end of Q1 2023[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 52,629[11]. - The largest shareholder, China National Materials Group Corporation, held 50.66% of the shares[11]. - The company's equity attributable to shareholders increased from RMB 2,106,194,366.47 to RMB 2,130,626,431.03, reflecting a growth of about 1.2%[16]. Non-Recurring Gains and Expenses - Non-recurring gains included ¥3,758,822.41 from the disposal of non-current assets and ¥2,242,756.74 from government subsidies related to normal business operations[7]. - Research and development expenses decreased to approximately ¥22.42 million in Q1 2024, down 36.4% from ¥35.28 million in Q1 2023[18]. - The company recorded a foreign exchange loss of approximately ¥1.56 million in Q1 2024, compared to a loss of ¥798,177.60 in Q1 2023[23]. Accounting Changes - The company will implement new accounting standards starting from 2024, which will involve adjustments to the financial statements at the beginning of the year[25].