时创能源(688429) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥144,126,501.08, representing a decrease of 69.67% compared to the same period last year[3] - The net profit attributable to shareholders was -¥58,449,865.10, a decline of 190.97% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥65,175,877.90, reflecting a decrease of 214.20%[3] - The basic earnings per share were -¥0.15, a decrease of 183.33% compared to the previous year[3] - The weighted average return on net assets was -2.55%, a decrease of 7.1 percentage points[3] - Net profit for Q1 2024 was a loss of ¥58,490,954.70, compared to a profit of ¥64,212,042.29 in Q1 2023, representing a significant decline[17] - Basic and diluted earnings per share for Q1 2024 were both -¥0.15, compared to ¥0.18 in Q1 2023[18] - The total comprehensive income for Q1 2024 was a loss of CNY 55.86 million, contrasting with a comprehensive income of CNY 64.43 million in Q1 2023[28] Revenue and Costs - Total operating revenue for Q1 2024 was ¥144,126,501.08, a decrease of 69.7% compared to ¥475,123,923.43 in Q1 2023[16] - Total operating costs for Q1 2024 were ¥186,058,622.36, down 54.7% from ¥410,544,245.42 in Q1 2023[16] - Cash received from sales of goods and services in Q1 2024 was ¥215,427,762.61, down 30.6% from ¥310,182,225.66 in Q1 2023[19] - The company experienced a significant drop in battery prices and sales volume, which contributed to the overall revenue decline[6] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,023,932,289.73, up 17.75% from the end of the previous year[4] - Total liabilities rose to ¥1,758,824,186.60 in Q1 2024, compared to ¥1,100,000,394.00 in Q1 2023, marking an increase of 60%[14] - Non-current assets totaled ¥1,874,235,064.73 in Q1 2024, up from ¥1,112,224,159.31 in Q1 2023, indicating a growth of 68.5%[14] - The company's total equity decreased to 2,264,845,635.20 RMB in Q1 2024 from 2,314,579,566.82 RMB in Q4 2023, primarily due to a reduction in retained earnings[25] Cash Flow - The net cash flow from operating activities was -¥244,210,749.06, indicating a significant decline due to decreased revenue and increased cash payments for goods[6] - The net cash flow from operating activities for Q1 2024 was -244,210,749.06 RMB, compared to -44,758,594.79 RMB in Q1 2023, indicating a significant decline in operational cash flow[20] - The total cash flow from operating activities in Q1 2024 was a net outflow of CNY 234.48 million, worsening from a net outflow of CNY 44.71 million in Q1 2023[28] Research and Development - Research and development expenses totaled ¥39,469,634.15, accounting for 27.39% of operating revenue, an increase of 20.33 percentage points[4] - Research and development expenses for Q1 2024 were ¥39,469,634.15, an increase of 17.3% from ¥33,558,071.90 in Q1 2023[17] - The company incurred research and development expenses of CNY 38.47 million in Q1 2024, up from CNY 32.98 million in Q1 2023, reflecting a 16.5% increase[27] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 6,231[8] - The top shareholder, Changzhou Shichuang Investment Co., Ltd., holds 142,941,654 shares, accounting for 35.74% of total shares[8] - The top ten shareholders hold a significant portion of shares, with the largest shareholder holding over 35%[9] - The company has not reported any changes in the lending or borrowing of shares among major shareholders[9] Other Information - The company reported a total of ¥6,726,012.80 in non-recurring gains and losses for the period[5] - There are no significant reminders or additional important information regarding the company's operational status during the reporting period[10] - The company reported a significant increase in accounts payable, which rose to ¥689,032,895.09 in Q1 2024 from ¥157,834,048.09 in Q1 2023, reflecting a growth of 336.5%[14] - The company reported a significant increase in cash outflow related to other operating activities, which rose to 177,752,368.48 RMB in Q1 2024 from 49,115,432.54 RMB in Q1 2023, indicating higher operational costs[20]