BJLE(002392)2024-04-29 10:14Financial Performance - The company's revenue for Q1 2024 reached ¥1,492,613,034.95, representing a 21.04% increase compared to ¥1,233,106,240.76 in the same period last year[5] - Net profit attributable to shareholders was ¥82,380,577.45, a 5.55% increase from ¥78,052,288.37 year-on-year[5] - Net profit for Q1 2024 was CNY 83,970,182.42, representing a 10.00% increase compared to CNY 75,777,667.10 in Q1 2023[20] - Operating costs amounted to CNY 1,401,973,755.07, up 23.38% from CNY 1,135,728,264.00 year-over-year[19] - Other comprehensive income after tax was CNY -138,572.11, an improvement from CNY -1,870,841.68 in Q1 2023[20] Cash Flow - The net cash flow from operating activities improved by 54.00%, from -¥326,563,204.30 to -¥150,221,945.07[5] - The company reported a net cash outflow from operating activities of CNY -150,221,945.07, an improvement from CNY -326,563,204.30 in the previous year[21] - The company generated CNY 1,599,892,669.85 in cash inflows from operating activities, compared to CNY 899,993,863.32 in the prior year[21] - Investment cash outflows totaled CNY 414,337,423.29, down from CNY 599,782,300.00 in the same period last year[21] - The net cash flow from investment activities was 5,221,097.36 CNY, a significant decrease from 179,000,695.59 CNY in the previous year[22] - The cash inflow from financing activities totaled 63,000,000.00 CNY, compared to 28,720,824.84 CNY in the same period last year, indicating a 119% increase[22] - The net cash flow from financing activities was -6,470,591.78 CNY, a decline from 28,617,074.84 CNY year-over-year[22] - The total cash and cash equivalents at the end of the period were 153,494,196.87 CNY, up from 136,768,490.57 CNY in the previous year[22] - The net increase in cash and cash equivalents was -150,277,641.84 CNY, compared to -118,750,977.08 CNY in the same quarter last year[22] - The cash outflow from investment activities was 415,810,583.77 CNY, compared to 606,470,217.60 CNY in the previous year[22] Assets and Liabilities - Total assets increased by 1.64% to ¥8,759,064,253.05 compared to the end of the previous year[5] - The total assets of Beijing Lier High-Temperature Materials Co., Ltd. as of March 31, 2024, amounted to CNY 8,759,064,253.05, an increase from CNY 8,617,363,340.59 at the beginning of the period[14] - Accounts receivable increased to CNY 2,912,120,927.95, up from CNY 2,600,935,490.05, representing an increase of about 12%[14] - The total current liabilities rose to CNY 3,284,723,014.41 from CNY 3,226,681,618.84, indicating a growth of approximately 1.8%[16] - The total liabilities increased to CNY 3,349,415,344.14 from CNY 3,291,728,411.63, marking an increase of about 1.7%[16] - The company reported a decrease in short-term borrowings to CNY 299,872,133.33 from CNY 316,790,615.34, a reduction of approximately 5.3%[16] - The company's equity remained stable at CNY 1,190,490,839.00, unchanged from the previous period[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 54,487[10] - The company plans to issue between 181,818,182 and 241,781,818 shares, with expected fundraising between CNY 500 million and CNY 664.9 million[13] Other Income and Expenses - Other income grew by 117.97% year-on-year, primarily due to VAT input tax deductions related to advanced manufacturing[10] - Investment income decreased by 373.87% compared to the previous year, mainly due to increased bank acceptance discount interest[10] - The company reported a significant increase in asset disposal income, up 347.24% year-on-year, attributed to higher net gains from fixed asset disposals[10] - Research and development expenses were CNY 63,731,049.23, slightly down from CNY 65,003,258.28 in the same quarter last year[19] Stability of Earnings - The company's basic and diluted earnings per share remained stable at ¥0.07, unchanged from the previous year[5] - Basic and diluted earnings per share remained stable at CNY 0.07, consistent with the previous year[21] Audit Information - The company did not undergo an audit for the first quarter report[23]