华宏科技(002645) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,209,427,249.71, a decrease of 31.44% compared to ¥1,764,103,722.33 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥27,725,877.35, an improvement of 53.08% from a loss of ¥59,088,586.31 year-over-year[5] - The basic earnings per share improved by 53.40% to -¥0.0479 from -¥0.1028 in the same period last year[5] - The total comprehensive income attributable to minority shareholders for Q1 2024 was ¥10,565,249.99, a decrease from ¥-4,232,446.53 in the previous period[21] - Basic and diluted earnings per share for Q1 2024 were both ¥-0.0479, compared to ¥-0.1028 and ¥-0.0910 respectively in the previous period[21] - Net loss for Q1 2024 was CNY 17,160,627.36, an improvement from a net loss of CNY 63,321,032.84 in Q1 2023[20] Cash Flow - The net cash flow from operating activities decreased by 14.06% to ¥174,810,667.70 from ¥203,411,264.03 in the previous year[5] - Cash inflow from operating activities was ¥1,356,161,464.86, down 34.7% from ¥2,077,465,890.55 in the previous period[21] - Cash inflow from investment activities totaled ¥712,556,437.10, significantly up from ¥209,146,062.09 in the previous period[22] - Net cash flow from investment activities was ¥-184,090,789.87, worsening from ¥-126,901,710.88 in the previous period[22] - Cash inflow from financing activities was ¥18,023,579.34, down from ¥47,380,000.00 in the previous period[22] - Net cash flow from financing activities was ¥-105,963,397.08, compared to ¥-39,395,248.20 in the previous period[22] - The ending balance of cash and cash equivalents was ¥743,712,150.13, down from ¥795,624,284.89 in the previous period[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,975,313,263.86, down 2.47% from ¥6,126,675,140.39 at the end of the previous year[5] - The company's total assets decreased to CNY 5,975,313,263.86 from CNY 6,126,675,140.39, reflecting a decline of 2.5%[17] - Total liabilities decreased to CNY 2,167,354,269.96 from CNY 2,361,766,035.77, a reduction of 8.2%[17] - The equity attributable to shareholders of the parent company was CNY 3,663,071,061.61, down from CNY 3,706,445,818.66, a decrease of 1.2%[17] - The company’s total liabilities decreased significantly, with other payables dropping by 59.34% to ¥78,466,173.22 from ¥192,974,426.16[9] Investment and Income - The company reported a significant increase in investment income, which rose by 208.36% to ¥1,113,284.35 compared to ¥361,030.61 in the previous year[9] - The company reported a significant increase in other income, totaling CNY 75,331,697.50, compared to CNY 52,328,815.95 in Q1 2023[19] - The company experienced a 240.70% increase in cash inflow from investment activities, totaling ¥712,556,437.10, compared to ¥209,146,062.09 in the previous year[9] Operational Efficiency - The company is focusing on improving operational efficiency and reducing costs in response to the challenging market environment[20] - Research and development expenses for Q1 2024 were CNY 41,510,481.33, down 28.6% from CNY 58,147,358.63 in the previous year[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 29,225[11] - The largest shareholder, Jiangsu Huahong Industrial Group, holds 34.54% of shares, totaling 200,884,632 shares, which are fully pledged[11] - The company has initiated a share repurchase plan with a budget between RMB 20 million and RMB 30 million, with a maximum repurchase price of RMB 15.68 per share[12] - As of March 29, 2024, the company has repurchased 2,061,900 shares, accounting for 0.35% of the total share capital, with a total transaction amount of RMB 13,268,331[13] Current Assets - The total current assets at the end of the reporting period amount to RMB 3,520,898,363.61, a decrease from RMB 3,664,069,524.63 at the beginning of the period[15] - Cash and cash equivalents decreased from RMB 949,360,888.53 to RMB 845,377,354.45[15] - Accounts receivable decreased from RMB 633,705,499.34 to RMB 491,489,150.31[15] - Inventory decreased from RMB 1,783,990,320.55 to RMB 1,591,246,843.19[15] - The fixed assets decreased from RMB 946,305,774.86 to RMB 923,502,579.48[15] Financial Expenses - The company reported a decrease in financial expenses by 30.12% to ¥11,838,782.76, down from ¥16,940,700.16 in the previous year[9] Audit Status - The first quarter report was not audited[23]