晶瑞电材(300655) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥329,793,849.99, representing an increase of 11.69% compared to ¥295,284,439.98 in the same period last year[6] - The net profit attributable to shareholders was a loss of ¥9,022,578.96, a decrease of 150.33% from a profit of ¥17,927,652.35 in Q1 2023[6] - The net profit for Q1 2024 was -13,371,083.94 CNY, compared to a net profit of 19,062,083.26 CNY in the same period last year, representing a significant decline[31] - Operating profit for Q1 2024 was -13,038,983.86 CNY, down from 21,735,792.15 CNY in Q1 2023[31] - The basic earnings per share for Q1 2024 was -0.01 CNY, compared to 0.02 CNY in Q1 2023[32] - The total comprehensive income attributable to the parent company was -9,414,452.56 CNY in Q1 2024, compared to 17,927,652.35 CNY in the same period last year[32] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 50.37% to ¥31,535,842.78 from ¥63,546,453.29 in the previous year[6] - Cash flow from operating activities generated a net inflow of 31,535,842.78 CNY, down from 63,546,453.29 CNY in the previous year[34] - Total cash and cash equivalents at the end of Q1 2024 reached 1,837,872,478.73 CNY, compared to 700,821,837.16 CNY at the end of Q1 2023, showing a strong liquidity position[35] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥5,469,936,810.41, an increase of 8.55% from ¥5,039,118,836.19 at the end of the previous year[6] - Total current assets reached CNY 2,701,042,630.64, a rise of 14.6% compared to CNY 2,356,355,963.93 at the beginning of the year[27] - Total liabilities were CNY 1,684,566,392.45, slightly up from CNY 1,635,509,340.64, indicating a growth of 3.0%[28] - Short-term borrowings rose to CNY 398,374,976.65 from CNY 368,336,222.21, an increase of 8.4%[28] - Long-term borrowings increased significantly to CNY 152,234,858.05 from CNY 87,520,000.00, representing a growth of 73.9%[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 78,509[16] - The largest shareholder, New Silver International Limited, holds 16.55% of shares, totaling 165,176,124 shares[16] - Li Hulin, a significant shareholder, holds 5.23% of shares, amounting to 52,185,216 shares, with 39,138,912 shares under lock-up[16] - The top 10 shareholders collectively hold a significant portion of the company's shares, with the largest being New Silver International Limited[16] - The company has a high concentration of ownership, with the top 10 shareholders holding a significant percentage of the total shares[16] Investment and Financing Activities - The company plans to issue 61,643,835 shares at a price of 7.30 RMB per share, raising a total of approximately 450 million RMB[23] - The cash inflow from financing activities increased by 128.52% to ¥525,664,257.69, attributed to increased investment absorption[14] - Investment activities resulted in a net cash outflow of -122,262,478.30 CNY, compared to -100,514,788.31 CNY in the same period last year[35] - The company raised 386,949,399.64 CNY from investment activities in Q1 2024, a significant increase from 12,030,000.00 CNY in Q1 2023[35] Research and Development - Research and development expenses increased by 45.48% to ¥23,536,185.62 compared to ¥16,178,249.68 in Q1 2023, indicating a focus on innovation[11] - Research and development expenses increased to 23,536,185.62 CNY in Q1 2024, up from 16,178,249.68 CNY in Q1 2023, indicating a focus on innovation[31] Financial Expenses - The company reported a significant increase in financial expenses by 250.54% to ¥9,781,961.40, primarily due to increased financing costs[11] - The company experienced a 296.33% decline in fair value gains, resulting in a loss of ¥11,680,861.26 due to fluctuations in financial asset values[11]