恒兴新材(603276) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 153,837,088.72, representing a year-on-year increase of 9.83%[5] - The net profit attributable to shareholders for the same period was CNY 16,790,012.84, showing a slight increase of 0.64% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses decreased by 19.29% to CNY 13,245,018.37[5] - The basic earnings per share (EPS) was CNY 0.10, down by 24.52% year-on-year[6] - The total operating revenue for Q1 2024 was CNY 153,837,088.72, an increase of 9.8% compared to CNY 140,066,768.48 in Q1 2023[20] - The total profit before tax for Q1 2024 was CNY 19,635,282.97, a decrease from CNY 20,169,891.12 in Q1 2023[21] - The company's total revenue for Q1 2024 was CNY 58,553,246.94, a decrease of 12.0% compared to CNY 67,034,417.38 in Q1 2023[34] - The net profit for Q1 2024 was CNY 9,849,866.59, representing an increase of 4.1% from CNY 9,466,124.54 in Q1 2023[35] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,872,613,272.55, a decrease of 0.44% from the end of the previous year[6] - The total assets decreased slightly to CNY 1,872,613,272.55 from CNY 1,880,816,443.76 at the end of 2023, a decline of 0.4%[18] - The total liabilities decreased to CNY 106,139,478.08 from CNY 121,816,908.17, representing a reduction of 12.9%[18] - The total liabilities decreased to CNY 71,984,839.41 in Q1 2024 from CNY 107,074,242.91 in Q4 2023, a reduction of 32.7%[32] - The total current assets slightly decreased to CNY 1,181,349,600.49 from CNY 1,184,946,181.02, a decline of 0.3%[16] - The total current assets amounted to CNY 1,076,997,966.75, down from CNY 1,109,640,216.96 in the previous quarter, a decrease of 2.9%[31] Cash Flow - The net cash flow from operating activities was negative at CNY -16,343,007.23, indicating increased cash outflow for raw material purchases[9] - The company reported a net cash outflow from operating activities of CNY -16,343,007.23 in Q1 2024, compared to a net inflow of CNY 3,701,497.05 in Q1 2023[26] - The cash flow from operating activities was CNY 61,297,213.83 in Q1 2024, down from CNY 70,473,604.70 in Q1 2023, a decrease of 13.9%[37] - The company reported a financial income of CNY 1,222,867.87 in Q1 2024, significantly higher than CNY 374,269.19 in Q1 2023[34] - The cash inflow from operating activities totaled $66,505,101.63, while cash outflow was $73,910,453.10, indicating operational challenges[38] Shareholder Information - The company had a total of 21,594 common shareholders at the end of the reporting period[11] - The largest shareholder, Yixing Zhonggang Investment Co., Ltd., held 75,000,000 shares, accounting for 46.88% of the total shares[12] Inventory and Expenses - The company's inventory increased to CNY 175,081,980.26 from CNY 148,225,628.63, marking an increase of 18.1%[16] - The company incurred research and development expenses of CNY 4,562,609.49 in Q1 2024, slightly up from CNY 4,454,923.91 in Q1 2023[21] - Research and development expenses for Q1 2024 were CNY 1,503,956.70, down 27.1% from CNY 2,064,684.44 in Q1 2023[34] - The total operating costs for Q1 2024 were CNY 141,614,181.65, an increase of 17.1% compared to CNY 120,950,231.37 in Q1 2023[21] Strategic Focus - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[20] - The company is focusing on expanding its market presence and enhancing product development, although detailed strategies were not specified in the provided content[20]