金刚光伏(300093) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥44,231,203.23, a decrease of 75.68% compared to ¥181,898,797.62 in the same period last year[5] - The net profit attributable to shareholders was -¥84,119,176.12, representing a decline of 94.80% from -¥43,183,211.22 year-over-year[5] - The basic and diluted earnings per share were both -¥0.3894, down 94.80% from -¥0.1999 in the previous year[5] - The net profit for the first quarter of 2024 was -102,336,117.30 CNY, compared to -44,583,887.69 CNY in the same period last year, representing a significant increase in losses[18] - Operating profit for the first quarter was -102,383,387.65 CNY, compared to -44,407,189.09 CNY in the previous year, indicating a worsening operational performance[18] - The total comprehensive income for the first quarter was -102,411,528.37 CNY, compared to -41,701,400.25 CNY in the previous year, reflecting a significant increase in overall losses[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥36,803,122.38, a decrease of 16.89% compared to -¥31,484,132.06 in the same period last year[5] - The cash flow from operating activities showed a net outflow of -36,803,122.38 CNY, compared to -31,484,132.06 CNY in the previous year, indicating increased cash burn[22] - Cash and cash equivalents decreased to CNY 63,360,143.07 from CNY 71,189,171.53, a decline of 11.4%[13] - Cash and cash equivalents at the end of the period were 2,578,898.58 CNY, down from 131,973,336.72 CNY at the end of the previous year, indicating a liquidity squeeze[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,835,344,420.15, down 2.59% from ¥2,910,689,020.50 at the end of the previous year[5] - Total assets as of March 31, 2024, were CNY 2,835,344,420.15, down from CNY 2,910,689,020.50, a decrease of 2.6%[15] - Total liabilities increased to CNY 2,908,935,404.73 from CNY 2,881,868,476.71, an increase of 0.9%[15] - Non-current liabilities decreased to CNY 764,793,163.02 from CNY 1,088,635,592.05, a reduction of 29.7%[15] - The equity attributable to shareholders was -¥57,726,171.74, a significant decrease of 318.10% from ¥26,468,016.71 at the end of the previous year[5] Operational Challenges - The decline in revenue was primarily due to a reduction in orders during the reporting period[9] - The low capacity utilization rate and high overall costs contributed to the significant net loss[9] - Total operating revenue for Q1 2024 was CNY 44,231,203.23, a decrease of 75.7% compared to CNY 181,898,797.62 in the same period last year[17] - Total operating costs for Q1 2024 were CNY 144,624,264.39, down from CNY 225,087,682.00 in the previous year, reflecting a reduction of 35.7%[17] - Total revenue from sales and services received was 97,527,755.78 CNY, down from 162,817,628.13 CNY year-over-year, reflecting a decline of approximately 40%[21] Research and Development - Research and development expenses increased to 8,773,549.73 CNY from 4,658,346.83 CNY, marking a rise of approximately 88% year-over-year, highlighting a focus on innovation[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,441[10] Financial Reporting - The company reported non-operating income of ¥39,735.60 after accounting for various adjustments[7] - The company incurred financial expenses of 23,625,537.21 CNY, slightly up from 22,507,698.98 CNY, primarily due to increased interest expenses[18] - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[24]