三星新材(603578) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥253,745,442.12, representing a decrease of 15.17% compared to the same period last year[6] - Net profit attributable to shareholders was ¥20,601,476.23, down 49.67% year-on-year[6] - Basic earnings per share decreased by 52.17% to ¥0.11[7] - Total operating revenue for Q1 2024 was ¥253,745,442.12, a decrease of 15.2% compared to ¥299,116,961.69 in Q1 2023[18] - Net profit for Q1 2024 was ¥16,907,231.45, a decline of 58.1% from ¥40,322,155.75 in Q1 2023[21] - Earnings per share for Q1 2024 were ¥0.11, compared to ¥0.23 in Q1 2023[22] - The company reported a total comprehensive income of ¥16,907,231.45 for Q1 2024, down 58.1% from ¥40,322,155.75 in Q1 2023[22] Assets and Liabilities - Total assets increased by 29.62% to ¥3,481,935,126.24 compared to the end of the previous year[7] - As of March 31, 2024, the total current assets amounted to RMB 1,305,811,143.90, an increase from RMB 1,128,403,073.56 as of December 31, 2023, representing a growth of approximately 15.7%[15] - Total liabilities increased to RMB 1,316,157,675.70 from RMB 789,546,166.77, representing a growth of about 67.0%[16] - The company's total liabilities as of Q1 2024 amounted to ¥2,339,608,641.64, up 49.2% from ¥1,565,916,669.15 in Q1 2023[20] Cash Flow - Cash flow from operating activities increased by 40.74% to ¥67,272,765.44[6] - Cash flow from operating activities in Q1 2024 was ¥227,388,056.57, an increase of 18.9% from ¥191,095,096.19 in Q1 2023[22] - Net cash flow from operating activities was $67,272,765.44, an increase from $47,800,067.37 in the previous year, representing a growth of approximately 40.7%[23] - Cash inflow from financing activities totaled $240,000,000.00, with cash outflow for debt repayment at $38,000,000.00, reflecting a strong financing position[24] Investments - The company reported a significant increase in construction in progress by 186.93%, attributed to investments in the Guohua Jintai project[10] - Investment income decreased by 102.32% as a result of reduced returns following the recovery of entrusted loans[10] - Total cash outflow from investing activities was $246,132,502.18, significantly higher than $4,150,557.56 in the same period last year, indicating a strategic increase in investments[23] - The company reported a net cash flow from investing activities of -$226,071,542.18, indicating a significant investment strategy despite the negative cash flow[23] Expenses - Management expenses surged by 261.92% due to the consolidation of Guohua Jintai into the financial statements[10] - Financial expenses increased significantly to ¥7,232,877.44 in Q1 2024, compared to ¥294,546.59 in Q1 2023[20] - Research and development expenses for Q1 2024 were ¥9,818,318.84, slightly up from ¥9,080,407.69 in Q1 2023[20] Other Information - The company has not reported any changes in the shareholding structure or any related party transactions during the reporting period[14] - There are no significant new strategies or product developments mentioned in the current report[14]