飞凯材料(300398) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥668,475,317.50, representing a 12.51% increase compared to ¥594,157,918.54 in the same period last year[4] - Net profit attributable to shareholders decreased by 17.13% to ¥59,841,252.83 from ¥72,212,645.69 year-on-year[4] - Basic and diluted earnings per share fell by 21.43% to ¥0.11 from ¥0.14 in the same period last year[5] - Operating profit for Q1 2024 was ¥72,380,204.98, down 12.6% from ¥82,445,569.52 in the same period last year[35] - The total comprehensive income for Q1 2024 was ¥64,710,650.61, compared to ¥61,412,775.12 in the same period last year[36] Cash Flow - The net cash flow from operating activities improved significantly, reaching ¥91,545,576.54, a 173.37% increase from a negative cash flow of ¥124,769,378.66 in the previous year[4] - Cash received from operating activities decreased by 48.52% to ¥30,335,937.84 compared to ¥58,923,372.50 in the previous year[12] - The net cash flow from investment activities was -31,912,182.57 CNY, a decrease from -104,235,678.58 CNY in the previous period[39] - Cash inflow from financing activities totaled 217,018,335.72 CNY, compared to 458,031,373.47 CNY last year[39] - The net cash flow from financing activities was -34,877,749.36 CNY, contrasting with a positive flow of 41,310,638.75 CNY in the previous year[39] Assets and Liabilities - Total assets as of March 31, 2024, were ¥6,501,984,080.69, a slight increase of 0.25% from ¥6,485,522,219.69 at the end of the previous year[5] - The total liabilities decreased to ¥2,487,214,697.76 from ¥2,535,845,207.11, indicating a decline of about 1.92%[31] - The company's total equity increased to ¥4,014,769,382.93, up from ¥3,949,677,012.58 in the previous quarter[32] Shareholder Information - The total number of common shareholders at the end of the reporting period is 44,362[13] - The largest shareholder, Feikai Holdings Limited, holds 22.37% of the shares, equating to 118,237,504 shares[13] - The total number of shares held by the top 10 shareholders accounts for 32.35% of the total share capital[13] Financial Strategy and Capital Management - The company plans to issue convertible bonds totaling up to RMB 832 million to enhance capital strength and profitability[20] - The company has received approval from the China Securities Regulatory Commission for its convertible bond issuance application[20] - The bond issuance is expected to provide additional funding for the company's ongoing projects and market expansion efforts[21] - The company plans to use up to 500 million yuan of temporarily idle raised funds for cash management without affecting the use of raised funds[22] - The company is committed to optimizing its capital structure and protecting investor interests through these financial strategies[22] Research and Development - Research and development expenses increased to ¥46,084,366.43, up 9.3% from ¥41,918,118.01 in the previous year[35] Regulatory Compliance - The company has conducted thorough checks and responses to feedback from regulatory bodies throughout the bond issuance process[21] - The company aims to ensure compliance with the latest regulations regarding the issuance of convertible bonds[21] Miscellaneous - The company did not execute any new accounting standards adjustments for the first quarter of 2024[40] - The first quarter report was not audited[40] - The company experienced a foreign exchange impact of 4,043,319.60 CNY on cash and cash equivalents[39]