DAWEI(002213)2024-04-25 10:42Financial Performance - The company's revenue for Q1 2024 reached CNY 320,978,361.63, representing a 201.95% increase compared to CNY 106,302,822.88 in the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 2,788,422.19, a decrease of 442.68% from a profit of CNY 813,713.53 in the previous year[5] - The net cash flow from operating activities was a negative CNY 27,900,995.32, an improvement of 18.17% compared to a negative CNY 34,096,889.27 in the same period last year[5] - Total operating revenue for Q1 2024 reached CNY 320,978,361.63, a significant increase from CNY 106,302,822.88 in the same period last year, representing a growth of approximately 201.5%[19] - The net profit for Q1 2024 was a loss of CNY 3,026,879.20, contrasting with a net profit of CNY 792,704.65 in Q1 2023, marking a decline of approximately 480.3%[20] - The total comprehensive income for the first quarter was -2,924,529.25 CNY, compared to 399,728.47 CNY in the previous period[21] - The company incurred a basic and diluted earnings per share of -0.0118 CNY, compared to 0.0034 CNY in the previous period[21] Assets and Liabilities - The total assets at the end of the reporting period were CNY 723,703,038.07, a slight decrease of 0.93% from CNY 730,504,660.44 at the end of the previous year[5] - The total equity attributable to shareholders decreased to CNY 605,731,276.94 from CNY 607,355,562.79, a decline of approximately 0.3%[18] - Total current liabilities decreased to CNY 95,324,405.63 from CNY 108,995,849.86, a reduction of about 12.5%[18] - Accounts receivable decreased from ¥17,070,277.51 to ¥12,833,009.68[16] - Accounts receivable increased to CNY 55,691,368.56 from CNY 38,089,256.18, reflecting a growth of about 46.2%[17] - Inventory rose to CNY 98,092,970.21 from CNY 94,997,139.24, showing an increase of approximately 3.3%[17] Cash Flow - The company's cash and cash equivalents decreased to ¥209,540,246.80 from ¥269,587,001.53[16] - Cash received from sales of goods and services was 332,254,443.32 CNY, significantly higher than 89,790,819.06 CNY in the previous period[23] - The net cash flow from investing activities was -39,222,370.41 CNY, compared to a positive cash flow of 4,810,495.72 CNY in the previous period[24] - Cash and cash equivalents at the end of the period were 205,313,445.21 CNY, down from 366,337,591.24 CNY at the end of the previous period[24] - The company received 12,000,000.00 CNY in cash from borrowings, an increase from 6,000,000.00 CNY in the previous period[24] - The total cash outflow from financing activities was 6,936,287.75 CNY, compared to 50,092,012.66 CNY in the previous period[24] Investments and Expenses - Research and development expenses rose by 112.26% to CNY 2,906,507.03, attributed to increased investment in the Chenzhou lithium battery project[8] - Research and development expenses for Q1 2024 were CNY 2,906,507.03, up from CNY 1,369,289.06 in Q1 2023, representing an increase of about 112.4%[20] - The company reported a financial expense of CNY -475,563.70, an improvement compared to CNY -877,688.26 in the previous year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,888[11] - Shenzhen Chuangtong Investment Development Co., Ltd. holds 29.57% of shares, totaling 70,146,515 shares, with 30,000,000 shares pledged[11] Business Segments and Strategy - The semiconductor storage business generated revenue of CNY 260 million, a significant increase of 333.92% year-over-year, driven by the growth in digitalization and cloud computing[8] - The company aims to leverage its core values of "steady operation and technology for good" to drive growth in its "new energy + automotive" and "semiconductor storage + smart terminal" business segments[8] Other Information - The company has obtained a mineral resource exploration license from the Hunan Provincial Department of Natural Resources[13] - The company has disclosed two announcements regarding abnormal stock trading fluctuations[14] - The company has changed its supervisory representatives and registered capital during the reporting period[12] - The company plans to engage in commodity futures options hedging with a maximum margin and premium limit of ¥7 million[13] - The maximum contract value held on any trading day will not exceed ¥100 million[13] - The company has not undergone an audit for the first quarter report[25]