创兴资源(600193) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 11,409,404.80, representing a decrease of 61.41% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 2,497,688.45, an increase of 58.44% year-on-year[5]. - The basic earnings per share increased by 50.00% to CNY 0.006[6]. - In Q1 2024, the company reported a net profit of CNY 2,497,688.45, a significant increase of 58.3% compared to CNY 1,576,472.76 in Q1 2023[24]. - Operating profit for Q1 2024 was CNY 3,575,221.62, up from CNY 1,855,138.51 in the same period last year, reflecting a growth of 92.5%[23]. - The total comprehensive income for Q1 2024 was CNY 2,497,688.45, reflecting the same amount as the net profit, indicating no other comprehensive income items[24]. Assets and Liabilities - Total assets decreased by 8.76% to CNY 658,080,081.31 compared to the end of the previous year[6]. - Current assets decreased to RMB 468,696,617.76 as of March 31, 2024, from RMB 531,566,641.05 at the end of 2023, representing a decline of 11.8%[18]. - Total liabilities decreased to RMB 358,786,156.86 as of March 31, 2024, from RMB 424,470,879.37 at the end of 2023, a decrease of 15.5%[20]. - Current liabilities decreased to RMB 357,636,933.66 from RMB 423,341,653.13, a reduction of 15.5%[19]. - Non-current assets totaled RMB 189,383,463.55, slightly down from RMB 189,700,474.32[19]. - Total assets decreased to RMB 658,080,081.31 from RMB 721,267,115.37, a decline of 8.7%[19]. Cash Flow - The company had a net cash flow from operating activities of -CNY 19,303,875.28, which is not applicable for comparison[5]. - The company experienced a net cash outflow from operating activities of CNY -19,303,875.28, an improvement from CNY -29,483,142.07 in Q1 2023[27]. - Cash and cash equivalents at the end of Q1 2024 stood at CNY 4,386,360.27, down from CNY 8,166,811.55 at the end of Q1 2023[29]. Operating Costs and Expenses - Operating costs decreased by 76.84%, attributed to a reduction in project volumes[10]. - Total operating costs for Q1 2024 were RMB 12,799,387.94, down from RMB 28,764,513.11 in Q1 2023[22]. - The company incurred total operating expenses of CNY 81,617,406.34 in Q1 2024, compared to CNY 98,513,748.37 in Q1 2023, showing a reduction of 17.1%[27]. - Management expenses increased by 46.81%, mainly due to the expansion of the new business team[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,358[12]. Credit and Impairment - The company reported a significant increase in credit impairment losses, up 277.69%, primarily due to the reversal of bad debt provisions[10]. Research and Development - Research and development expenses for Q1 2024 were CNY 666,774.36, indicating ongoing investment in innovation[23]. Borrowings - The company raised CNY 20,000,000.00 through borrowings in Q1 2024, compared to CNY 25,000,000.00 in Q1 2023[29].