华阳新材(600281) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 41,836,553.69, a decrease of 51.95% compared to CNY 87,069,058.77 in the same period last year[5]. - The net loss attributable to shareholders for Q1 2024 was CNY -25,868,125.23, with a basic and diluted earnings per share of CNY -0.0503[5][6]. - In Q1 2024, the company reported a net profit of -25,868,125.23 RMB, compared to -28,632,442.64 RMB in Q1 2023, indicating an improvement of approximately 8.8% year-over-year[24]. - Operating profit for Q1 2024 was -23,918,998.80 RMB, an improvement from -31,993,950.29 RMB in the same period last year, reflecting a year-over-year improvement of about 25.2%[24]. - The company’s total comprehensive income for Q1 2024 was -25,868,125.23 RMB, compared to -28,632,442.64 RMB in Q1 2023, showing an improvement of about 8.8%[24]. Assets and Liabilities - The company's total assets increased by 1.55% to CNY 992,343,887.45 compared to CNY 977,234,567.61 at the end of the previous year[6]. - Total assets as of March 31, 2024, were CNY 992,343,887.45, an increase of 1.3% from CNY 977,234,567.61 at the end of 2023[20]. - Total liabilities as of March 31, 2024, were CNY 772,522,022.82, an increase of 5.6% from CNY 731,544,577.75 at the end of 2023[19]. - Long-term borrowings increased to CNY 424,770,000.00 as of March 31, 2024, compared to CNY 379,770,000.00 at the end of 2023, reflecting a growth of 11.8%[19]. - The total equity attributable to shareholders as of March 31, 2024, was CNY 219,821,864.63, a decrease of 10.5% from CNY 245,689,989.86 at the end of 2023[20]. Cash Flow - The net cash flow from operating activities was CNY -8,520,870.96, showing a significant improvement from CNY -58,634,179.45 in the previous year[6]. - Cash flow from operating activities showed a net outflow of -8,520,870.96 RMB in Q1 2024, compared to -58,634,179.45 RMB in Q1 2023, marking a significant improvement of approximately 85.5%[28]. - The company received cash from operating activities totaling 68,557,311.47 RMB in Q1 2024, compared to 56,409,127.99 RMB in Q1 2023, representing an increase of about 21.6%[28]. - Total cash and cash equivalents at the end of Q1 2024 were 71,894,421.67 RMB, down from 149,426,097.15 RMB at the end of Q1 2023[29]. - The company reported a total cash inflow from financing activities of 95,500,000.00 RMB in Q1 2024, down from 250,000,000.00 RMB in Q1 2023, a decrease of approximately 61.8%[29]. Expenses - The company reported a 37.52% increase in selling expenses due to increased salaries for sales personnel related to PBAT and product business[11]. - The company incurred research and development expenses of 567,745.54 RMB in Q1 2024, with no comparative figure provided for Q1 2023[24]. - The company’s financial expenses increased to 5,290,716.55 RMB in Q1 2024 from 4,043,982.53 RMB in Q1 2023, reflecting an increase of approximately 30.8%[24]. - The company’s sales expenses rose to 1,248,990.86 RMB in Q1 2024, compared to 908,210.65 RMB in Q1 2023, indicating an increase of about 37.5%[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,190[12]. - The equity attributable to shareholders decreased by 10.53% to CNY 219,821,864.63 from CNY 245,689,989.86 at the end of the previous year[6].