裕兴股份(300305) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 was ¥272,904,269.36, a decrease of 45.57% compared to ¥501,407,806.35 in the same period last year[5] - Net profit attributable to shareholders was -¥57,419,577.80, representing a decline of 379.71% from ¥20,528,177.66 in the previous year[5] - Total operating revenue for Q1 2024 was ¥272,904,269.36, a decrease of 45.5% compared to ¥501,407,806.35 in the same period last year[39] - Net profit for Q1 2024 was a loss of ¥57,426,398.86, compared to a profit of ¥20,528,177.66 in Q1 2023, representing a significant decline[40] - Basic and diluted earnings per share for Q1 2024 were both -¥0.1679, compared to ¥0.0722 in Q1 2023[40] Cash Flow - The net cash flow from operating activities improved to ¥24,045,491.92, a 129.37% increase from -¥81,858,258.78 in the same period last year[5] - Cash received from sales decreased by 31.60% to ¥14,227.29 million, primarily due to lower polyester film revenue[25] - Cash inflow from investment activities totaled $40,807,601.35, compared to $15,867,550.32 in the prior period[42] - The net cash flow from investment activities was negative at $193,588,197.39, worsening from a negative $26,387,257.65 year-over-year[43] - Total cash inflow from financing activities reached $762,984,441.96, a substantial increase from $166,000,000.00 in the previous period[43] - The net cash flow from financing activities was $688,855,468.99, up from $97,965,250.07 in the prior year[43] - The ending balance of cash and cash equivalents was $923,094,413.19, compared to $355,747,493.74 at the end of the previous period[43] Assets and Liabilities - Total assets increased by 15.73% to ¥4,004,767,423.00 from ¥3,460,313,990.38 at the end of the previous year[5] - Total liabilities decreased to ¥1,421,726,700.41 in Q1 2024 from ¥1,504,596,706.27 in Q1 2023, a reduction of 5.5%[38] - The total non-current assets reached ¥2,049,771,020.32, an increase from ¥1,917,541,712.56 in the previous year, reflecting a growth of 6.9%[38] Shareholder Information - Total number of common shareholders at the end of the reporting period was 14,462[30] - The largest shareholder, Wang Jianxin, holds 18.17% of shares, totaling 68,213,400 shares[30] - The second largest shareholder, Beijing Renji Real Estate Development Group, holds 10.47% of shares, totaling 39,315,000 shares[30] - The company repurchased 4,588,200 shares, accounting for 1.22% of the total share capital[31] Research and Development - The company reported a 44.45% decrease in R&D expenses, amounting to ¥1,095.20 million, due to reduced investment in new product development[19] - Research and development expenses for Q1 2024 were ¥13,685,565.57, down 44.5% from ¥24,637,584.03 in Q1 2023[39] Investments - Investment cash payments increased by CNY 112.35 million, a growth of 1021.36%, mainly due to increased purchases of financial products[27] - Cash received from investment increased by CNY 685.34 million, a growth of 100%, primarily from issuing A-shares to specific investors[27] - The company raised 694 million yuan through a private placement of A-shares, with the new shares listed on January 29, 2024[34] Other Financial Metrics - The company’s total equity attributable to shareholders increased by 31.98% to ¥2,581,162,846.65 from ¥1,955,717,284.11 at the end of the previous year[5] - The company's weighted average return on equity was -2.55%, down from 1.07% in the previous year[5] - The company reported a significant increase in deferred tax assets to ¥18,345,949.52 from ¥7,592,567.86 year-over-year[38] - The company's inventory decreased to 264.09 million yuan from 312.68 million yuan, reflecting a reduction of 15.5%[36] - The company's fixed assets decreased to 1.51 billion yuan from 1.65 billion yuan, a decline of 8.9%[36] - The company has ongoing projects in construction with an investment of 338.28 million yuan, significantly up from 85.29 million yuan at the beginning of the period[36]