NXBM(600449)2024-04-23 10:41Financial Performance - The company's operating revenue for Q1 2024 was ¥1,566,593,410.34, representing a year-on-year increase of 37.42%[3] - The net profit attributable to shareholders of the listed company was -¥15,473,222.41, a decrease of 339.42% compared to the same period last year[3] - The basic earnings per share for the period was -¥0.03, reflecting a decline of 400.00% year-on-year[3] - The net loss for Q1 2024 was ¥17,869,566.38, compared to a net profit of ¥5,221,497.90 in Q1 2023, indicating a substantial decline in profitability[20] - The company reported a basic and diluted earnings per share of -¥0.03 for Q1 2024, down from ¥0.01 in Q1 2023[20] - The total profit for Q1 2024 was CNY 5,453,025.75, compared to CNY 14,044,257.09 in the same period last year, reflecting a decline of approximately 61.1%[33] Cash Flow - The company's cash flow from operating activities was -¥63,252,615.75, indicating a significant cash outflow[3] - In Q1 2024, cash inflow from operating activities was CNY 1,304,835,251.86, a 55.5% increase from CNY 838,631,765.87 in Q1 2023[24] - The net cash flow from operating activities was -CNY 63,252,615.75, an improvement from -CNY 465,827,155.42 in the same period last year[24] - Cash inflow from investment activities totaled CNY 50,230,835.62, down 95.6% from CNY 1,135,148,383.57 in Q1 2023[25] - The net cash flow from investment activities was -CNY 234,493,553.83, compared to -CNY 366,551,317.97 in Q1 2023[25] - Cash inflow from financing activities was CNY 601,611,221.25, an increase from CNY 422,500,000.00 in Q1 2023[25] - The net cash flow from financing activities was CNY 248,785,053.39, down from CNY 405,697,084.71 in the previous year[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥11,340,169,288.18, an increase of 0.80% from the end of the previous year[4] - The total assets as of Q1 2024 amounted to ¥11,340,169,288.18, up from ¥11,249,677,158.00 in the previous year[16] - Total liabilities increased to ¥3,823,563,983.09 in Q1 2024, compared to ¥3,716,384,410.42 in Q1 2023, reflecting a rise of 2.9%[16] - The total liabilities decreased to CNY 2,794,500,349.53 from CNY 3,319,542,093.44 at the end of 2023[29] - The owner's equity increased slightly to CNY 6,913,241,221.13 from CNY 6,909,158,461.26 at the end of 2023[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,581[7] - The largest shareholder, China National Building Material Group Corporation, holds 234,475,104 shares, accounting for 49.03% of total shares[7] - The company has no reported related party relationships among the top shareholders[8] Research and Development - Research and development expenses increased by 214.65%, attributed to higher expenditures on R&D projects[6] - Research and development expenses increased to ¥5,213,863.69 in Q1 2024, compared to ¥1,657,049.56 in Q1 2023, marking a growth of 215.5%[19] Operational Costs - The company's gross profit margin was negatively impacted by a decline in cement sales volume and prices, leading to a net profit decrease of 442.23%[6] - The company reported a 41.59% increase in operating costs, driven by the expansion of digital logistics business[6] - Operating costs for Q1 2024 were ¥1,539,541,712.73, up from ¥1,087,348,436.74 in Q1 2023, reflecting a rise of 41.5%[19] Asset Restructuring - The company is in the process of a major asset restructuring involving the merger with China National Building Material Information Technology Co., Ltd.[9] - The company plans to continue pushing forward with the major asset restructuring despite the initial rejection by the Shanghai Stock Exchange[10] Inventory and Financial Assets - The company's inventory increased to approximately ¥379.26 million from ¥276.49 million as of December 31, 2023[14] - The company reported a significant increase in trading financial assets to approximately ¥1,968.30 million from ¥1,761.70 million as of December 31, 2023[14] Management Expenses - The company’s management expenses increased to CNY 13,144,282.78 in Q1 2024 from CNY 7,617,059.98 in Q1 2023, marking an increase of approximately 72.5%[33] Other Information - The company did not report any new product developments or market expansion strategies during this quarter[36]