海源复材(002529) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥42,998,065.39, a decrease of 33.69% compared to ¥64,841,204.35 in the same period last year[5] - The net loss attributable to shareholders was ¥23,276,487.87, representing a 35.10% increase in loss from ¥17,229,164.23 year-on-year[5] - The basic earnings per share were -¥0.0895, a decline of 34.99% from -¥0.0663 in the same period last year[5] - Total operating revenue for Q1 2024 was ¥42,998,065.39, a decrease of 33.8% compared to ¥64,841,204.35 in Q1 2023[20] - Net loss for Q1 2024 was ¥23,276,487.87, compared to a net loss of ¥17,229,164.23 in Q1 2023, indicating a worsening of 35.2%[22] - Basic and diluted earnings per share for Q1 2024 were both -¥0.0895, compared to -¥0.0663 in Q1 2023[22] Cash Flow - The net cash flow from operating activities decreased by 63.88%, amounting to -¥35,790,642.91 compared to -¥21,839,690.07 in the previous year[5] - Cash received from sales of goods and services in Q1 2024 was ¥27,096,120.51, down from ¥47,754,177.83 in Q1 2023[23] - The net cash flow from operating activities was -35,790,642.91, compared to -21,839,690.07 in the previous year, indicating a decline of approximately 63.9%[24] - Cash outflows for operating activities totaled 76,471,076.72, compared to 84,986,940.80 in the previous year, showing a reduction of about 10.1%[24] - Total cash inflow from financing activities reached 142,001,959.79, significantly higher than 66,282,940.92 in the same period last year, representing an increase of approximately 114.3%[24] - The cash outflow for financing activities was 123,647,832.09, compared to 51,189,237.33 in the previous year, indicating an increase of approximately 141.5%[24] - The ending balance of cash and cash equivalents was 20,277,342.64, down from 37,284,931.72 year-over-year, reflecting a decrease of approximately 45.4%[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥994,226,857.71, down 9.31% from ¥1,096,320,377.81 at the end of the previous year[5] - The company's total current assets amount to 280,410,227.01 RMB, a decrease from 370,272,992.85 RMB in the previous period[17] - Total liabilities as of Q1 2024 were ¥567,516,845.25, a decrease from ¥646,636,479.08 in the previous year[21] - Total equity attributable to shareholders of the parent company was ¥426,710,012.46, down from ¥449,683,898.73 in the same period last year[21] - Non-current liabilities increased to ¥141,500,165.51 in Q1 2024 from ¥75,822,695.40 in Q1 2023, representing an increase of 86.6%[21] - The company reported a significant increase in long-term borrowings, rising to ¥74,749,534.72 from ¥9,500,000.00 year-over-year[21] Investments and Expenses - The company reported a 31.84% increase in financial expenses, primarily due to higher interest costs compared to the previous year[11] - Investment income increased by 70.69%, attributed to a reduction in investment losses recognized under the equity method[11] - The company experienced a 94.23% decrease in taxes and surcharges, mainly due to lower property tax and value-added tax compared to the previous year[10] - The company reported a 100% increase in asset impairment losses, primarily due to higher provisions for inventory write-downs[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,343[13] - Jiangxi Saiwei Electric Power Group Co., Ltd. holds 18.14% of shares, totaling 47,175,000 shares, with 10,000,000 shares pledged[13] - The company has 47,175,000 shares held through a margin trading account, with no changes in shareholding due to margin trading activities[14] Capital and Subsidiary Activities - The company plans to increase the registered capital of its wholly-owned subsidiary by 190 million RMB, raising it from 10 million RMB to 200 million RMB[14] - The company has terminated an investment cooperation agreement and transferred 100% equity of its subsidiary for 38 million RMB[14] Other Financial Metrics - The company's fixed assets are valued at 374,245,867.50 RMB, compared to 381,647,080.36 RMB in the previous period[17] - The company has a total of 1,617,222.18 RMB in long-term equity investments, unchanged from the previous period[17] - Cash inflows from investment activities amounted to 19,315,200.00, with no previous year comparison available[24] - The company received 72,499,000.00 in borrowings during the financing activities, with no previous year comparison available[24] - The impact of exchange rate changes on cash and cash equivalents was -60,103.65, compared to -124,702.05 in the previous year[24] - The company did not undergo an audit for the first quarter report[26]