Financial Performance - Operating revenue for the first quarter of 2024 was CNY 171,884,028.62, a decrease of 15.06% from CNY 202,365,485.56 in the same period last year[11] - Net profit attributable to shareholders decreased by 11.84% to CNY 11,967,392.03, down from CNY 13,574,106.56 year-on-year[11] - The basic earnings per share decreased by 14.29% to CNY 0.12, down from CNY 0.14 in the previous year[11] - Total operating revenue for Q1 2024 was CNY 171,884,028.62, a decrease from CNY 202,365,485.56 in Q1 2023, representing a decline of approximately 15%[39] - Net profit for Q1 2024 was CNY 11,967,392.03, compared to CNY 13,574,106.56 in Q1 2023, reflecting a decrease of approximately 11.8%[40] - The total comprehensive income for Q1 2024 is CNY 8,857,244.11, compared to CNY 9,611,607.68 in Q1 2023, showing a decrease of 7.8%[45] Cash Flow - Cash flow from operating activities increased by 124.36% to CNY 15,090,850.80, compared to a negative cash flow of CNY 61,944,316.02 in the previous year[11] - Cash flow from operating activities for Q1 2024 is CNY 15,090,850.80, a significant improvement from a negative cash flow of CNY -61,944,316.02 in Q1 2023[47] - Cash inflow from financing activities in Q1 2024 is CNY 61,878,253.43, up from CNY 8,431,595.33 in Q1 2023, indicating a growth of 632.5%[47] - The company reported a financial expense of CNY 995,717.55 in Q1 2024, compared to a financial income of CNY -715,935.10 in Q1 2023, indicating a significant shift in financial performance[39] Assets and Liabilities - Total assets increased by 5.39% to CNY 1,036,370,144.44 as of March 31, 2024, compared to CNY 983,325,707.99 at the end of 2023[11] - Total liabilities increased to CNY 140,099,892.17 in the latest report, up from CNY 79,545,256.96 previously, marking an increase of about 76%[37] - The company's asset-liability ratio increased to 15.92% for consolidated statements, up from 12.41% at the end of 2023[11] - Current assets increased to ¥828,687,027.31 as of March 31, 2024, up from ¥782,514,598.06 on December 31, 2023, representing a growth of approximately 5.4%[31] - Total liabilities increased to ¥164,971,706.93 as of March 31, 2024, compared to ¥121,994,402.57 on December 31, 2023, indicating a rise of about 35%[33] Shareholder Information - The total number of shares outstanding is 100,000,000, with 60,199,750 shares (60.20%) being freely tradable and 39,800,250 shares (39.80%) subject to restrictions[19] - The largest shareholder, Jiangsu Yuanhang Times Holding Group Co., Ltd., holds 37,550,250 shares, representing 37.55% of the total shares[20] - The second largest shareholder, Yixing City Taodu Asset Management Co., Ltd., holds 3,600,000 shares, accounting for 3.60% of the total shares[21] - The company has a total of 13,587 common shareholders[19] - The total number of shares held by the top ten shareholders is 52,404,304, which is 52.40% of the total shares[21] Investments and Expenses - Other non-current assets surged by 786.67% to CNY 11,132,216.71, mainly due to increased investment in fundraising projects[12] - Research and development expenses for Q1 2024 were CNY 6,787,048.77, slightly down from CNY 7,207,674.60 in Q1 2023, a decrease of about 5.8%[39] - Cash paid for investments in Q1 2024 was 160.00 million in Q1 2023, representing an 83.03% increase[49] Legal and Compliance - The company has not reported any significant legal disputes or external guarantees during the reporting period[24] - All previously disclosed commitments are being fulfilled as per the announcements made[26] - The company has not introduced any new commitments during the reporting period[26]
远航精密(833914) - 2024 Q1 - 季度财报