天洋新材(603330) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 289,647,776.70, representing a decrease of 14.06% compared to the same period last year[5]. - Total operating revenue for Q1 2024 was CNY 289,647,776.70, a decrease of 14.05% compared to CNY 337,051,352.88 in Q1 2023[16]. - Net profit for Q1 2024 was CNY 6,162,139.22, an increase of 115.36% compared to CNY 2,861,830.23 in Q1 2023[17]. - Net profit attributable to shareholders of the listed company was CNY 5,455,355.32, an increase of 58.42% year-on-year, primarily due to a reduction in financial expenses[5][8]. - The company’s total comprehensive income for Q1 2024 was CNY 6,162,139.22, compared to CNY 2,861,830.23 in Q1 2023, reflecting a significant increase[17]. Cash Flow - The net cash flow from operating activities was negative at CNY -72,923,137.94, indicating a cash outflow during the quarter[5]. - Cash flow from operating activities for Q1 2024 was a net outflow of CNY 72,923,137.94, an improvement from a net outflow of CNY 99,773,921.87 in Q1 2023[18]. - The net cash flow from investment activities was -$23.79 million, a significant improvement from -$355.05 million in the previous year[19]. - Cash inflow from investment activities in Q1 2024 was CNY 111,503,106.85, compared to CNY 120,000,000.00 in Q1 2023[18]. - The company experienced a net decrease in cash and cash equivalents of $34.19 million during the quarter[19]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 2,968,846,201.23, an increase of 3.07% from the end of the previous year[6]. - Total assets reached CNY 2,968,846,201.23, up from CNY 2,880,493,567.33, marking an increase of about 3.1%[14]. - Total liabilities as of Q1 2024 were CNY 1,161,377,790.83, an increase from CNY 1,073,117,958.41 in Q1 2023[16]. - Current liabilities increased to CNY 480,179,449.89 from CNY 451,065,967.10, reflecting a rise of approximately 6.5%[14]. - The company reported a total non-current asset value of CNY 1,454,295,124.44, up from CNY 1,403,446,482.50, which is an increase of about 3.6%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 21,063, with no preferred shareholders having restored voting rights[10]. - The company has not reported any significant changes in shareholder structure or major financing activities during the reporting period[12]. Research and Development - The company reported a decrease in research and development expenses to CNY 7,519,526.74 in Q1 2024 from CNY 10,107,335.54 in Q1 2023, a reduction of 25.69%[17]. - There are no significant new product launches or technological advancements mentioned in the current report[12]. Accounting Standards - The company is not applying new accounting standards for the first quarter of 2024[21].