CTC(SH:603060)2024-04-29 10:44Financial Performance - The company's operating revenue for Q1 2024 was ¥458,601,757.75, representing a decrease of 2.09% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥27,334,264.78, a decline of 13.11% year-on-year[4]. - The net cash flow from operating activities was -¥121,518,053.60, reflecting a decrease of 14.40% compared to the previous year[4]. - The basic earnings per share were -¥0.0340, down 12.96% from the same quarter last year[4]. - The total comprehensive loss for Q1 2024 was -¥39,430,773.77, compared to -¥35,768,045.79 in Q1 2023, indicating an increase in losses of about 7.4%[18]. - The net loss for Q1 2024 was CNY 29.25 million, compared to a net loss of CNY 30.38 million in Q1 2023, indicating an improvement[16]. - Basic earnings per share for Q1 2024 were -¥0.0340, compared to -¥0.0301 in Q1 2023, reflecting a deterioration of approximately 9.9%[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,019,676,026.64, a decrease of 0.95% from the end of the previous year[4]. - Cash and cash equivalents decreased to CNY 269.29 million as of March 31, 2024, from CNY 388.92 million as of December 31, 2023, a decline of 30.7%[11]. - Accounts receivable decreased to CNY 1.18 billion as of March 31, 2024, from CNY 1.21 billion as of December 31, 2023, a decline of 2.8%[11]. - Inventory increased to CNY 117.84 million as of March 31, 2024, up 29.7% from CNY 90.82 million as of December 31, 2023[11]. - The total assets as of March 31, 2024, were CNY 5.02 billion, a slight decrease from CNY 5.07 billion as of December 31, 2023[12]. - Total liabilities as of March 31, 2024, were CNY 2.49 billion, a minor decrease from CNY 2.49 billion as of December 31, 2023[13]. Shareholder Information - The equity attributable to shareholders was ¥1,879,227,923.86, down 1.71% from the end of the previous year[4]. - The total number of ordinary shareholders at the end of the reporting period was 17,435[6]. - The largest shareholder, China Building Materials Science Research Institute Co., Ltd., held 64.27% of the shares[6]. Cash Flow and Expenses - Operating cash flow for Q1 2024 was -¥121,518,053.60, worsening from -¥106,218,416.65 in Q1 2023, representing a decline of approximately 14.4%[20]. - The company reported cash inflows from financing activities of ¥322,435,955.60 in Q1 2024, significantly higher than ¥134,226,621.24 in Q1 2023, reflecting an increase of approximately 140.4%[22]. - The cash outflow from investing activities in Q1 2024 was -¥59,781,097.44, compared to -¥52,085,858.27 in Q1 2023, indicating an increase in investment outflows of about 14.8%[22]. - The total cash outflow from operating activities in Q1 2024 was ¥662,873,170.93, compared to ¥640,505,830.49 in Q1 2023, representing an increase of approximately 3.5%[20]. - The company experienced a net cash outflow of -¥111,029,736.27 in Q1 2024, slightly improved from -¥111,260,640.95 in Q1 2023[22]. - The company reported a decrease in management expenses to CNY 76.47 million in Q1 2024 from CNY 94.99 million in Q1 2023, a reduction of 19.5%[16]. - Research and development expenses remained stable at CNY 41.52 million in Q1 2024, compared to CNY 41.07 million in Q1 2023[16]. Non-Recurring Items - Non-recurring gains and losses totaled ¥6,453,691.96 for the period[5]. - The company recorded a decrease in sales revenue from goods and services, with cash received amounting to ¥491,644,865.94 in Q1 2024, down from ¥497,677,015.55 in Q1 2023, a decline of about 1.6%[20]. - The company had a weighted average return on equity of -1.44%, a decrease of 0.07 percentage points[4].