JFLB(002762)2024-04-17 13:24Financial Performance - The company's revenue for Q1 2024 was ¥43,502,464.13, a decrease of 14.86% compared to ¥51,095,758.87 in the same period last year[14] - Net profit attributable to shareholders was ¥487,509.42, down 91.01% from ¥5,423,361.79 year-on-year[14] - Basic earnings per share decreased by 95.00% to ¥0.001 from ¥0.02 in the same period last year[14] - Operating profit decreased from CNY 5,953,244.54 to CNY 1,528,951.32, a decline of 74.36%[22] - Net profit decreased from CNY 5,402,138.35 to CNY 474,072.86, a decline of 91.25%[22] - The company reported a net comprehensive income of CNY 487,509.42 for Q1 2024, down from CNY 5,423,361.79 in Q1 2023[39] Cash Flow - The net cash flow from operating activities increased by 69.17% to ¥8,884,804.34, compared to ¥5,252,145.61 in the previous year[14] - Cash received from sales of goods and services was CNY 47,907,071.16, compared to CNY 58,059,820.04 in the previous year, indicating a decline of 17.8%[39] - Operating cash inflow totaled 58,666,671.77[45] - Operating cash outflow amounted to 53,414,526.16, resulting in a net cash flow from operating activities of 5,252,145.61[45] - The net increase in cash and cash equivalents was -87,394,833.28 in the previous period[45] - The ending balance of cash and cash equivalents stood at 230,133,949.74[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥897,875,066.34, reflecting a 0.68% increase from ¥891,791,823.92 at the end of the previous year[14] - Total liabilities rose to CNY 63,559,948.52, up from CNY 57,950,778.96, marking an increase of 9.0%[36] - The company's equity attributable to shareholders increased to CNY 834,402,348.33 from CNY 833,914,838.91, a slight increase of 0.1%[36] Expenses - The company reported a significant increase in operating expenses, with operating expenses rising to CNY 1,026,859.31 from CNY 2,853.51, an increase of 35885.83%[27] - The company’s financial expenses increased by 96.07% from CNY -2,907,409.56 to CNY -114,346.45[27] - Research and development expenses decreased from CNY 2,469,173.74 to CNY 2,214,271.33, a decline of 10.34%[22] - Other income decreased by 94.06% from CNY 278,341.03 to CNY 16,536.10[27] Investments - Cash received from investments decreased by 52.38% to ¥120,000,000.00 compared to ¥252,000,000.00 in the same period last year[18] - The company invested ¥270,000,000.00 in financial products, an increase of 58.82% from ¥170,000,000.00 in the previous year[18] - Cash paid for investments surged to 170,000,000.00, indicating a significant increase in investment activity[45] Shareholder Information - Total number of common shareholders at the end of the reporting period is 44,900[19] - The largest shareholder, Lin Haoliang, holds 27.29% of shares, totaling 96,628,899 shares[19] Taxation - The company reported a significant decrease in tax payments, down 56.58% to ¥3,853,720.54 from ¥8,875,023.80 in the previous year[18] - Tax payments decreased to ¥3,853,720.54 from ¥8,875,023.80, indicating a potential change in tax obligations or strategies[45] Future Plans - The company plans to expand its market presence and invest in new product development[23] - The company has not disclosed any new product launches or significant market expansion strategies during this quarter[39]