盛达资源(000603) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥263,277,619.24, a decrease of 6.27% compared to ¥280,875,465.35 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥8,778,349.46, representing a decline of 153.98% from a profit of ¥16,261,204.69 in Q1 2023[5] - Total operating revenue for Q1 2024 was CNY 263,277,619.24, a decrease of 6.3% compared to CNY 280,875,465.35 in Q1 2023[23] - Net profit for Q1 2024 was a loss of CNY 19,976,086.05, compared to a profit of CNY 8,805,192.14 in Q1 2023[24] - Basic and diluted earnings per share for Q1 2024 were both -0.0128, down from 0.0236 in Q1 2023[25] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net outflow of ¥11,325,166.81, a 94.57% reduction from a net outflow of ¥208,649,569.30 in the previous year[10] - Operating cash flow for the current period is -11,325,166.81 CNY, an improvement from -208,649,569.30 CNY in the previous period[26] - Cash received from sales of goods and services is 346,179,661.08 CNY, slightly up from 344,747,949.36 CNY in the previous period[26] - Total cash outflow from operating activities is 396,007,438.24 CNY, down from 592,328,720.71 CNY in the previous period[26] - Cash paid for taxes is 47,316,420.29 CNY, a decrease from 104,292,327.57 CNY in the previous period[26] - The ending balance of cash and cash equivalents is 431,002,196.06 CNY, significantly up from 101,158,535.34 CNY in the previous period[27] Assets and Liabilities - The company's total assets decreased by 1.56% to ¥6,447,516,311.55 from ¥6,549,798,405.02 at the end of the previous year[5] - Current liabilities totaled CNY 1,836,416,660.12, slightly down from CNY 1,844,664,451.43 in the previous year[22] - Non-current liabilities decreased to CNY 770,980,520.94 from CNY 796,592,361.72 year-over-year[22] Research and Development - Research and development expenses increased by 164.84% to ¥3,531,617.25, up from ¥1,333,480.60 in Q1 2023, indicating a focus on innovation[10] - Research and development expenses increased significantly to CNY 3,531,617.25, up from CNY 1,333,480.60 in Q1 2023[24] Investments and Strategic Initiatives - The company reported an investment income of CNY 18,574,865.86, compared to CNY 14,772,685.15 in the previous year[24] - The company signed a strategic cooperation framework agreement with China Geological Survey to enhance collaboration in mineral exploration and development, focusing on gold, silver, copper, and strategic chemical minerals[17] - The company obtained mining licenses for the Caiyuanzi copper-gold mine, with an annual production capacity of 900,000 tons, indicating progress in resource extraction capabilities[18] - The company became a member of the Shanghai Gold Exchange, which may provide new opportunities for trading and investment in precious metals[15] Shareholder Actions - The company repurchased a total of 4,108,000 shares, representing 0.60% of the total share capital, with a total transaction amount of RMB 33,923,195.34, at a maximum price of RMB 9.50 per share[14] - The company plans to utilize self-raised funds for share repurchase, with a total amount not less than RMB 50 million and not exceeding RMB 100 million[14] Subsidiary Developments - The company’s subsidiary, Inner Mongolia Yindu Mining Co., received approval for mineral resource reserves, marking a significant milestone in exploration and resource expansion[16] - The company’s subsidiary, Hunan Jinye Environmental Technology Co., was recognized as a national-level "Green Factory," which may enhance its market positioning and operational efficiency[18] - The company’s subsidiary, Sichuan Honglin Mining Co., has received various administrative approvals for the Caiyuanzi copper-gold mining project, indicating readiness for construction[19] Financial Ratios - The weighted average return on equity dropped to -0.28% from 0.58% in the same period last year[5] - The company’s financial expenses rose by 42.76% to ¥18,427,289.74, mainly due to increased interest expenses[10]