BATIAN(002170)2024-04-26 11:28Financial Performance - The company's revenue for Q1 2024 was ¥656,367,561.57, a decrease of 17.28% compared to ¥793,527,623.73 in the same period last year[5] - Net profit attributable to shareholders was ¥52,758,981.72, down 26.57% from ¥71,847,128.14 year-on-year[5] - Basic and diluted earnings per share were both ¥0.0593, a decline of 26.52% compared to ¥0.0807 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 656,367,561.57, a decrease of 17.3% compared to CNY 793,527,623.73 in the same period last year[16] - Net profit for Q1 2024 was CNY 52,887,335.68, a decline of 26.5% from CNY 71,928,763.22 in Q1 2023[17] Cash Flow - The net cash flow from operating activities decreased by 38.66% to ¥109,019,001.21 from ¥177,731,438.53 in the previous year[5] - Cash inflow from operating activities totaled CNY 683,285.30 thousand, a decrease of 19% from CNY 843,214.47 thousand in the previous period[18] - Net cash flow from operating activities was CNY 109,019.00 thousand, down 38.7% from CNY 177,731.44 thousand in the previous period[18] - Cash outflow for investment activities was CNY 128,660.14 thousand, significantly lower than CNY 316,886.50 thousand in the previous period, indicating a reduction of 59.5%[19] - Net cash flow from financing activities increased significantly by 3806.63% to ¥251,876,082.47 from ¥6,447,404.02 in the previous year[9] - The net increase in cash and cash equivalents for Q1 2024 was CNY 232,234.95 thousand, compared to a decrease of CNY 132,693.66 thousand in the previous period[19] - The ending balance of cash and cash equivalents was CNY 341,467.47 thousand, up from CNY 73,993.99 thousand at the end of the previous period[19] Assets and Liabilities - Total assets increased by 7.82% to ¥5,737,265,133.00 from ¥5,321,059,506.62 at the end of the previous year[5] - Total liabilities rose to CNY 3,246,931,240.51, compared to CNY 2,885,948,964.13 in the prior period[14] - The company's cash and cash equivalents increased to ¥758,613,998.91 from ¥539,727,921.14, representing a growth of approximately 40.5%[12] - Accounts receivable rose to ¥100,540,103.57 from ¥73,133,469.20, indicating an increase of about 37.5%[12] - Inventory increased to ¥646,448,460.33 from ¥572,655,650.81, reflecting a growth of approximately 12.9%[12] - Total current assets reached ¥1,962,577,800.02, up from ¥1,584,353,687.07, marking an increase of about 24%[12] Research and Development - The company's R&D expenses decreased by 32.44% to ¥6,692,370.11 from ¥9,906,090.58 year-on-year[9] - Research and development expenses for Q1 2024 were CNY 6,692,370.11, a decrease of 32.3% from CNY 9,906,090.58 in the previous year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 47,985[10] - The largest shareholder, Huang Peizhao, holds 26.75% of the shares, totaling 237,927,851 shares, with 92,960,000 shares pledged[10] - The top ten shareholders collectively hold significant stakes, with Huang Peizhao being the actual controller of the company[10] Other Income and Expenses - Financial expenses surged by 192.89% to ¥17,941,732.06 due to an increase in interest-bearing liabilities[9] - The company reported a 71.10% increase in other income, totaling ¥2,076,878.15, attributed to higher government subsidies[9] - The company experienced a 99.45% decrease in non-operating income, which fell to ¥173,844.00 from ¥31,781,543.89 in the previous year due to the absence of compensation income from phosphate ore[9] Miscellaneous - The company has no preferred shareholders or related matters to report[11] - The company has not disclosed any new strategies or future outlook in the provided documents[11] - The first quarter report for 2024 was not audited[20]