NBYS(SH:600366)2024-04-29 09:44Financial Performance - The company's operating revenue for Q1 2024 was ¥1,026,082,261.87, representing a decrease of 28.25% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was -¥431,534.50, indicating a significant loss[6]. - The company achieved a main business revenue of 948 million yuan, a decrease of 23.86% compared to the same period last year[17]. - Total revenue for Q1 2024 was approximately ¥1.03 billion, a decrease of 28.3% compared to ¥1.43 billion in Q1 2023[24]. - Net profit for Q1 2024 was a loss of approximately ¥2.26 million, compared to a profit of ¥19.34 million in Q1 2023[25]. - Basic and diluted earnings per share for Q1 2024 were both -¥0.0004, compared to ¥0.0175 and ¥0.0174 respectively in Q1 2023[26]. Cash Flow - The net cash flow from operating activities was ¥5,233,446.72, showing a decline due to reduced cash payments for purchased goods[10]. - Cash inflow from operating activities in Q1 2024 was approximately ¥1.10 billion, a decrease of 11.7% from ¥1.25 billion in Q1 2023[27]. - Cash outflow from operating activities in Q1 2024 was approximately ¥1.10 billion, down 13.3% from ¥1.27 billion in Q1 2023[27]. - The net cash flow from operating activities for Q1 2024 was $5,233,446.72, a decrease of $17,231,020.29 compared to the previous period[28]. - The total cash inflow from investment activities was $312,327,245.53, an increase of $12,780,086.14 year-over-year[28]. - The net cash flow from investment activities was $46,366,278.13, recovering from a loss of $41,985,678.31 in the previous period[28]. - The cash inflow from financing activities amounted to $500,000,000.00, down from $920,000,000.00 in the prior year[28]. - The net cash flow from financing activities was $343,158,516.45, an increase of $189,726,517.68 compared to the previous period[28]. - The total cash and cash equivalents at the end of Q1 2024 reached $1,677,953,372.21, up from $1,429,926,451.69 in the previous year[28]. - The cash increase for the period was $395,547,981.15, compared to an increase of $102,040,127.13 in the prior year[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,861,111,674.70, an increase of 3.49% from the previous year[7]. - The company's current assets totaled approximately 5.996 billion yuan, compared to 5.667 billion yuan at the end of 2023[18]. - The company's total liabilities were 2.916 billion yuan, up from 2.617 billion yuan at the end of 2023[20]. - The company's cash and cash equivalents increased to approximately 1.678 billion yuan from 1.283 billion yuan at the end of 2023[18]. - The company's long-term borrowings rose to 943 million yuan from 699 million yuan at the end of 2023[20]. - The company's retained earnings stood at approximately 3.269 billion yuan, slightly down from 3.269 billion yuan at the end of 2023[20]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 73,555[11]. - The largest shareholder, Yunsen Holding Group Co., Ltd., held 28.8% of the shares, totaling 320,406,816 shares[12]. - The total shares held by the top 10 unrestricted shareholders include 320,406,816 shares from Yunsheng Holdings Group, representing 28.82% of the total shares[15]. - The company repurchased 9,843,000 shares by the end of the reporting period[15]. - The top shareholder, Yunsheng Holdings Group, maintained a consistent holding of 320,406,816 shares throughout the reporting period[15]. - The second largest shareholder, Huayuan (Hong Kong) Limited, holds 17,458,654 shares, accounting for 1.57% of total shares[15]. - The total shares held by Ningbo Qianhao Investment Limited is 11,056,870, representing 0.99% of total shares[15]. - The company reported a decrease in the shareholding percentage of Huayuan Media Internet Mixed Securities Investment Fund from 0.97% to 0.85%[16]. - The shareholding of Beijing Yian Capital Management Limited in Yian Fuhua No. 12 Private Securities Investment Fund is 6,090,063, which is 0.55% of total shares[16]. - The shareholding of Zhu Yunde is 5,366,635, representing 0.48% of total shares[16]. - The total shares held by Ningbo Jiatuo Investment Partnership is 8,701,300, accounting for 0.78% of total shares[15]. - The total shares held by China North Industries Group is 7,874,015, representing 0.71% of total shares[15]. Operational Highlights - Sales revenue from neodymium iron boron permanent magnet materials for electric vehicle applications was 401 million yuan, down 21.83% year-on-year, with a market share of approximately 21.4% in the domestic electric vehicle main drive market[17]. - Sales revenue from neodymium iron boron permanent magnet materials for consumer electronics applications was 188 million yuan, a decrease of 29.59% year-on-year[17]. - Sales revenue from neodymium iron boron permanent magnet materials for industrial and other applications was 359 million yuan, down 22.80% year-on-year[17]. - Research and development expenses for Q1 2024 were approximately ¥35.12 million, a significant decrease of 70% from ¥117.28 million in Q1 2023[24]. - Sales expenses for Q1 2024 were approximately ¥17.93 million, a slight decrease of 7.3% from ¥19.35 million in Q1 2023[24]. - Management expenses for Q1 2024 were approximately ¥52.93 million, down 18.5% from ¥64.99 million in Q1 2023[24]. - Other income for Q1 2024 was approximately ¥26.70 million, a substantial increase from ¥3.96 million in Q1 2023[24]. Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2024[29].