Financial Performance - The company's revenue for Q1 2024 was ¥116,744,027.13, representing an increase of 11.63% compared to ¥104,580,750.49 in the same period last year[3]. - Net profit attributable to shareholders was ¥14,935,968.73, up 14.23% from ¥13,075,418.14 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥14,592,457.48, a significant increase of 1,098.24% compared to a loss of ¥1,461,818.52 in the previous year[3]. - The basic earnings per share for Q1 2024 were ¥0.0746, an increase of 10.19% from ¥0.0677 in the same period last year[3]. - The total comprehensive income attributable to the parent company was CNY 14,935,968.73, compared to CNY 13,075,418.14 in the same period last year, marking an increase of about 14.2%[17]. - Basic and diluted earnings per share for Q1 2024 were both CNY 0.0746, up from CNY 0.0677 in Q1 2023, indicating a growth of approximately 10.8%[17]. - The total profit for Q1 2024 was CNY 19,045,101.31, an increase from CNY 12,421,359.10 in Q1 2023, reflecting a growth of approximately 53.5%[17]. Cash Flow and Operating Activities - The net cash flow from operating activities was -¥21,579,810.65, a decrease of 4,563.34% from ¥483,490.23 in the same period last year[3]. - Cash flow from operating activities showed a net outflow of CNY -21,579,810.65, a decline from a positive cash flow of CNY 483,490.23 in the previous year[19]. - The company reported cash inflow from investment activities of CNY 14,054,809.66, compared to CNY 42,101,393.80 in the previous year, reflecting a decrease of approximately 66.7%[19]. - The company raised CNY 29,000,000.00 through borrowings in Q1 2024, an increase from CNY 19,363,661.28 in Q1 2023[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,230,251,376.37, down 2.70% from ¥1,264,441,013.26 at the end of the previous year[3]. - Total assets amounted to CNY 1,230,251,376.37, down from CNY 1,264,441,013.26, a decrease of 2.7%[14]. - Total liabilities decreased to CNY 433,551,462.85 from CNY 482,861,100.98, a reduction of 10.2%[14]. - The company’s fixed assets increased to CNY 242,894,157.27 from CNY 173,197,880.74, an increase of 40.3%[12]. - The total current assets decreased to CNY 664,454,388.81 from CNY 701,291,959.30, a decline of 5.2%[12]. - Cash and cash equivalents decreased to CNY 82,463,441.64 from CNY 193,657,864.95, a decline of 57.4%[12]. Research and Development - Research and development expenses were CNY 4,552,950.00, down 39.7% from CNY 7,552,399.08 in the previous period[16]. Future Plans and Projects - The company plans to raise up to ¥300 million through a simplified procedure for issuing shares to specific targets, with proceeds to be used for a project to produce 50,000 tons of electronic photosensitive materials annually[8]. - The trial production of the project for producing 9,000 tons per annum of outer layer ink commenced on March 1, 2024, and will continue until September 1, 2024[10].
广信材料(300537) - 2024 Q1 - 季度财报