三川智慧(300066) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 348,533,208.31, a decrease of 15.56% compared to CNY 412,772,002.87 in the same period last year[5] - Net profit attributable to shareholders was CNY 474,432.04, down 97.29% from CNY 17,528,353.64 year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY -5,824,570.69, a decline of 144.27% compared to CNY 13,158,081.17 in the previous year[5] - Net profit for Q1 2024 was a loss of ¥9,898,653.88, compared to a profit of ¥13,382,805.36 in Q1 2023, representing a significant decline[21] - Basic earnings per share for Q1 2024 were ¥0.0005, a decrease from ¥0.0169 in the same period last year[22] Cash Flow - The cash flow from operating activities was CNY -69,431,250.17, an improvement of 62.60% from CNY -185,652,102.73 in the same period last year[5] - The company reported a net cash outflow from operating activities of ¥69,431,250.17, an improvement from a net outflow of ¥185,652,102.73 in the previous year[23] - The company's cash inflow from operating activities decreased by 29.18% to CNY 386,329,515.24, primarily due to a decline in sales collections[12] - The company’s cash inflow from operating activities totaled ¥386,329,515.24, down from ¥545,515,129.02 in the previous year[23] - The net cash flow from investment activities was -195,878,639.77, compared to -243,237,245.28 in the previous year, indicating an improvement of approximately 19.5%[25] - Cash inflow from financing activities totaled 119,000,000.00, down from 174,500,000.00 year-over-year, representing a decrease of about 31.8%[25] - The net cash flow from financing activities was -14,134,583.08, a significant decline from 142,139,301.03 in the previous year[25] Assets and Liabilities - The company's total assets decreased by 4.02% to CNY 3,120,900,456.95 from CNY 3,251,709,614.73 at the end of the previous year[5] - Total assets decreased from CNY 3,251,709,614.73 to CNY 3,120,900,456.95, a decline of approximately 4.02%[18] - Cash and cash equivalents dropped from CNY 461,919,941.23 to CNY 183,133,526.95, a decrease of about 60.32%[17] - Total current liabilities decreased from CNY 573,720,786.75 to CNY 450,766,941.21, a reduction of approximately 21.43%[18] - The company’s total liabilities decreased to ¥489,807,132.25 from ¥611,432,879.38 year-over-year, indicating improved financial stability[21] Shareholder Information - The company reported a total of 31,429 common shareholders at the end of the reporting period[15] - The largest shareholder, Jiangxi Sanchuan Group, holds 35.84% of the shares, totaling 372,742,902 shares[15] - The company has no preferred shareholders as of the reporting date[16] - The company has not disclosed any significant changes in shareholder structure or related party transactions[16] Business Segments - The net profit from the smart water business increased by 17.06% to CNY 36,234,900, while the rare earth business saw a revenue decline of 38.11% leading to a loss of CNY 35,760,500[9] Operating Costs - Total operating costs for Q1 2024 were ¥345,528,478.76, down 14.2% from ¥402,603,681.95 year-over-year[20] Research and Development - Research and development expenses for Q1 2024 were ¥13,846,464.67, slightly down from ¥14,463,836.11 in the same quarter last year[21] Financial Expenses - The company reported a significant increase in financial expenses, which decreased by 56.61% to CNY 785,139.60, attributed to increased exchange gains and reduced interest expenses[11]