Financial Performance - The company's revenue for Q1 2024 was ¥226,323,527.36, representing a 6.35% increase compared to ¥212,812,693.30 in Q1 2023[5] - Net profit attributable to shareholders increased by 147.47% to ¥24,169,441.26 from ¥9,766,643.71 in the same period last year[5] - The net cash flow from operating activities surged by 296.93% to ¥31,539,636.58, up from ¥7,945,806.59 in Q1 2023[5] - Basic and diluted earnings per share rose by 141.67% to ¥0.3625, compared to ¥0.1500 in the previous year[5] - Total operating revenue for Q1 2024 reached ¥226,323,527.36, an increase of 6.0% compared to ¥212,812,693.30 in Q1 2023[24] - The net profit for Q1 2024 was CNY 22,229,957.52, a significant increase from CNY 8,279,174.16 in Q1 2023, representing a growth of 168.5%[25] - The operating profit for Q1 2024 reached CNY 26,251,413.53, compared to CNY 9,749,676.69 in Q1 2023, marking a growth of 169.5%[25] - The total comprehensive income for Q1 2024 was CNY 22,229,957.52, up from CNY 8,279,174.16 in Q1 2023, showing an increase of 168.5%[25] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥1,563,479,508.19, a decrease of 1.26% from ¥1,583,418,697.27 at the end of the previous year[5] - Cash and cash equivalents at the end of Q1 2024 were ¥499,467,874.77, slightly down from ¥502,258,401.50 at the beginning of the quarter[22] - Accounts receivable decreased to ¥181,486,890.14 from ¥226,954,279.70, indicating a reduction of approximately 20.0%[22] - Inventory increased to ¥103,249,136.93, up from ¥89,906,308.56, representing a growth of about 15.0%[22] - The total liabilities decreased to ¥132,379,071.74 from ¥159,836,527.36, indicating a reduction of approximately 17.3%[22] - Total assets at the end of Q1 2024 were ¥1,563,479,508.19, a slight decrease from ¥1,583,418,697.27 at the beginning of the quarter[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,929[14] - The largest shareholder, Lü Bin, holds 21.26% of shares, totaling 14,175,000 shares[14] - The top ten shareholders hold a significant portion of shares, with the second-largest shareholder, Lu Bin, owning 14.85% or 9,900,000 shares[14] - The company has a total of 32,091,666 restricted shares at the beginning of the period, with 666,666 shares released during the period[17] Investment and Cash Flow - The company reported a significant increase in investment income by 59.90%, amounting to ¥6,097,532.77 compared to ¥3,813,326.31 in Q1 2023[11] - The net cash flow from investing activities improved by 74.54%, reducing the outflow to -¥18,740,680.02 from -¥73,613,103.33 in the previous year[12] - The net cash flow from financing activities was negative at CNY -16,680,594.45, compared to CNY -20,446,674.03 in Q1 2023, indicating a reduction in cash outflow[28] Strategic Initiatives - The company plans to adjust the implementation methods and internal investment structure of certain fundraising projects, with expected completion dates extended to March 31, 2025[18] - The company has initiated a share repurchase plan, intending to buy back shares worth between RMB 20 million and RMB 40 million, with a maximum repurchase price of RMB 40 per share[19] - As of March 31, 2024, the company has repurchased 419,800 shares, accounting for 0.63% of the total share capital, with a total transaction amount of RMB 14,778,388[19] - The company is focusing on enhancing its consumer data platform and information technology capabilities as part of its strategic adjustments[18] Research and Development - Research and development expenses for Q1 2024 were ¥12,731,927.95, compared to ¥10,924,935.25 in Q1 2023, marking an increase of 16.5%[24] Other Financial Metrics - The company experienced a 2063245.42% increase in credit impairment losses, primarily due to the reversal of previously recognized impairment provisions[11] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[15] - The company’s actual controllers are Lü Bin and Lu Bin, who are also identified as acting in concert[15]
青木股份(301110) - 2024 Q1 - 季度财报