兆新股份(002256) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥67,531,460.81, representing a 1.32% increase compared to ¥66,652,641.98 in the same period last year[5] - Net profit attributable to shareholders was ¥1,547,342.96, a significant turnaround from a loss of ¥64,665,953.99, marking a 102.39% improvement[5] - Basic and diluted earnings per share improved to ¥0.00 from -¥0.03, reflecting a 100% increase[5] - The net profit for Q1 2024 is ¥2,459,187.92, a significant improvement compared to a net loss of ¥65,790,766.28 in the same period last year, marking a turnaround of approximately 103.74%[21] - Operating profit for the quarter stands at a loss of ¥7,371,816.58, an improvement from a loss of ¥64,869,695.18 year-over-year[21] - The company reported a total comprehensive income of ¥2,459,187.92 for the quarter, compared to a total comprehensive loss of ¥65,790,766.28 in the previous year[21] Cash Flow and Liquidity - The net cash flow from operating activities was -¥9,827,480.77, a decline of 205.65% compared to ¥9,301,790.93 in the previous year[5] - Cash and cash equivalents at the end of the period are ¥26,923,292.34, down from ¥110,606,145.42 at the end of the previous year, indicating a decrease of approximately 75.7%[23] - The cash flow from financing activities shows a net inflow of ¥8,699,761.72, a recovery from a net outflow of ¥36,617,773.74 in the previous year[23] - The total cash outflow from operating activities increased to ¥86,525,882.41 from ¥67,686,221.00 year-over-year, indicating a rise of approximately 28%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,844,521,931.75, up 1.37% from ¥1,819,557,288.61 at the end of the previous year[5] - Current liabilities rose to CNY 336,380,451.82 from CNY 317,030,920.41, indicating increased short-term financial obligations[18] - Non-current liabilities decreased to CNY 80,616,627.56 from CNY 82,140,695.62, showing a reduction in long-term financial commitments[18] - The company’s total equity increased to CNY 1,427,524,852.37 from CNY 1,420,385,672.58, indicating a slight improvement in shareholder value[19] Expenses and Cost Management - The company reported a significant decrease in management expenses, down 69.11% to ¥17,245,735.86 from ¥55,825,239.06 in the previous year[8] - Financial expenses decreased by 80.78% to ¥3,527,261.51 from ¥18,354,883.26, primarily due to a substantial reduction in interest expenses[8] - Total operating costs decreased significantly to CNY 79,144,687.04 from CNY 128,959,827.03, representing a reduction of approximately 38.5%[20] - Research and development expenses increased to CNY 2,170,631.37, up from CNY 1,671,753.08, indicating a focus on innovation[20] Shareholder Actions and Investments - The company plans to repurchase shares with a total amount between RMB 50 million and RMB 100 million, with a maximum price of RMB 3.66 per share[11] - As of the report date, the company has repurchased 1,110,000 shares, accounting for 0.06% of the total share capital, with a total transaction amount of RMB 1,981,783.95[11] - The company is investing a total of USD 5,999,760 in 1X Holding AS, with its contribution being USD 2,939,882.40[15] - The investment in 1X Holding AS has been completed, and the share transfer has been finalized[15] Corporate Developments - The company terminated the major asset restructuring plan due to significant market fluctuations and failed negotiations on core issues[12] - The company signed a pledge agreement with Qinghai Fuxiang Mining Asset Management Co., pledging 8.8793% of Qinghai Jintai's shares as collateral for the payment of the share transfer price[13] - In 2024, the company agreed to a new arrangement with Fuxiang Mining for the payment of the share transfer price, including additional collateral of 6.1207% of Qinghai Jintai's shares[14] - The company is actively exploring investment opportunities in frontier industries to enhance long-term development and corporate value[12] Shareholder Information - The company has a total of 123,612 common shareholders at the end of the reporting period[10] - The largest shareholder, CITIC Trust Co., holds 24.86% of the shares, totaling 486,007,100 shares[10]