Financial Performance - Net profit attributable to shareholders increased by 25.47% to CNY 5,656,738.18 for the first quarter of 2024, up from CNY 4,508,481.02 in the same period last year[12]. - Operating revenue rose by 10.50% to CNY 82,695,047.88 in Q1 2024, compared to CNY 74,835,296.81 in Q1 2023[12]. - Total operating revenue for Q1 2024 reached ¥82,695,047.88, an increase of 10.4% compared to ¥74,835,296.81 in Q1 2023[36]. - Total operating costs for Q1 2024 were ¥76,509,986.25, up 10.5% from ¥69,274,617.42 in Q1 2023[36]. - Net profit for Q1 2024 was ¥5,656,738.18, representing a 25.5% increase from ¥4,508,481.02 in Q1 2023[37]. - The total profit for Q1 2024 was ¥6,497,780.97, compared to ¥6,007,559.00 in Q1 2023, indicating a growth of 8.2%[37]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.04, compared to ¥0.03 in Q1 2023[38]. Cash Flow - The company's cash flow from operating activities showed a significant decline of 348.52%, resulting in a net outflow of CNY 37,658,985.15, primarily due to the return of bid deposits[14]. - Operating cash inflow for Q1 2024 was CNY 197,867,760.29, a decrease of 10.9% compared to CNY 221,985,648.01 in Q1 2023[40]. - Net cash outflow from operating activities for Q1 2024 was CNY -37,658,985.15, compared to CNY -8,396,352.37 in Q1 2023, indicating a worsening cash flow situation[40]. - Cash inflow from sales of goods and services for Q1 2024 was CNY 93,088,505.27, down from CNY 104,219,971.59 in Q1 2023[40]. - The total cash outflow for operating activities in Q1 2024 was CNY 235,526,745.44, compared to CNY 230,382,000.38 in Q1 2023, indicating a slight increase in operational expenses[40]. - The company experienced a net decrease in cash and cash equivalents of CNY -41,493,892.18 in Q1 2024, compared to a decrease of CNY -11,368,827.12 in Q1 2023[41]. Assets and Liabilities - Total assets decreased by 4.76% to CNY 780,321,740.59 as of March 31, 2024, compared to CNY 819,296,471.08 at the end of 2023[12]. - The asset-liability ratio for the consolidated entity improved to 47.48% from 50.67% year-over-year[12]. - Total liabilities decreased from 415,122,900.31 to 370,491,431.64, a reduction of about 10.7%[32]. - Current liabilities decreased from 399,229,981.09 to 355,950,928.80, a decrease of approximately 10.8%[32]. - Non-current liabilities decreased from 15,892,919.22 to 14,540,502.84, a decline of about 8.5%[32]. - The company's cash and cash equivalents decreased from 654,580,624.85 to 622,218,698.02, a decline of approximately 4.93%[30]. - The total current assets decreased from 750,801,694.25 to 714,097,938.43, a decline of approximately 4.87%[30]. - The company's fixed assets decreased from 4,528,825.31 to 4,198,394.41, a reduction of about 7.29%[30]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,309[19]. - The largest shareholder, Guangdong Environmental Protection Group Co., Ltd., holds 32.08% of the shares, totaling 41,405,000 shares[22]. - The second-largest shareholder, Jiang Zhufu, holds 9.22% with 11,902,444 shares, having sold 8,926,834 shares[22]. - Total shares held by the top ten shareholders amount to 99,262,607, representing 76.90% of the total shares[22]. - The company has no pledged or judicially frozen shares among the top shareholders[24]. - There are no significant legal disputes or external guarantees reported during the period[26]. - The company has not engaged in any share buyback activities during the reporting period[26]. Other Financial Metrics - The weighted average return on equity based on net profit attributable to shareholders was 1.39%, up from 1.16% in the previous year[12]. - Non-recurring gains and losses totaled CNY 138,310.15 for the period, with a net amount of CNY 115,223.71 after tax[16][17]. - Research and development expenses for Q1 2024 totaled ¥5,784,746.99, a decrease of 11.3% from ¥6,521,357.08 in Q1 2023[36]. - The company reported a financial expense of -¥756,891.22 in Q1 2024, an improvement from -¥1,014,808.46 in Q1 2023[36]. - Tax expenses for Q1 2024 were ¥841,042.79, down from ¥1,499,077.98 in Q1 2023[37]. - The company recorded a credit impairment loss of -¥121,520.60 in Q1 2024, compared to -¥17,773.03 in Q1 2023[37].
广咨国际(836892) - 2024 Q1 - 季度财报