松发股份(603268) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 46,652,693.88, representing a year-on-year increase of 24.82%[5] - The net profit attributable to shareholders was a loss of CNY 10,563,995.53, with a basic and diluted earnings per share of -CNY 0.09[5] - The company reported a net loss of RMB 320,236,468.82 for Q1 2024, compared to a net loss of RMB 309,672,473.29 in Q4 2023[16] - In Q1 2024, the company reported a net loss of ¥10,563,995.53, an improvement from a net loss of ¥21,974,977.17 in Q1 2023, representing a 52% reduction in losses[19] - The total comprehensive loss for Q1 2024 was -¥10,563,995.53, compared to -¥21,899,302.06 in Q1 2023, reflecting overall financial improvement[20] Cash Flow and Liquidity - The net cash flow from operating activities was -CNY 4,202,615.02, reflecting a decrease of 196.80% compared to the same period last year[5] - Cash flow from operating activities showed a net outflow of -¥4,202,615.02 in Q1 2024, a decline from a net inflow of ¥4,341,582.77 in Q1 2023[23] - The company raised ¥45,530,000.00 in borrowings during Q1 2024, an increase from ¥23,000,000.00 in Q1 2023, reflecting a strategy to enhance liquidity[24] - Cash and cash equivalents increased by 43.94% due to financing through leasing arrangements[8] - The total cash and cash equivalents at the end of Q1 2024 increased to ¥26,023,056.38 from ¥2,912,834.95 at the end of Q1 2023, marking a significant recovery in cash position[24] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 562,840,606.62, a decrease of 0.47% from the end of the previous year[6] - Total assets as of March 31, 2024, were RMB 562,840,606.62, a slight decrease from RMB 565,481,304.02 at the end of 2023[16] - Total liabilities increased to RMB 498,195,383.29 as of March 31, 2024, compared to RMB 490,272,085.16 at the end of 2023, reflecting an increase of 1.9%[16] - Shareholders' equity attributable to the parent company decreased by 14.05% to CNY 64,645,223.33 compared to the end of the previous year[6] - The company's total equity as of March 31, 2024, was RMB 64,645,223.33, down from RMB 75,209,218.86 at the end of 2023, a decrease of 13.9%[16] Operating Costs and Expenses - The company experienced a significant increase in operating expenses, with a rise of 2,050.44% attributed to increased donation expenditures[8] - Total operating costs for Q1 2024 were RMB 57,753,026.09, a decrease of 4.7% from RMB 60,652,675.11 in Q1 2023[18] - Research and development expenses rose to ¥1,637,526.65 in Q1 2024, up from ¥1,369,290.51 in Q1 2023, indicating a commitment to innovation[19] - The company reported a decrease in sales expenses to ¥5,914,746.17 in Q1 2024 from ¥5,522,607.76 in Q1 2023, suggesting improved cost management[19] Customer and Market Dynamics - Contract liabilities rose by 30.22% due to an increase in customer prepayments[8] - Accounts receivable decreased to RMB 81,940,039.65 as of March 31, 2024, from RMB 87,850,348.88 at the end of 2023, a decline of 6.5%[14] - Inventory as of March 31, 2024, was RMB 158,476,591.95, slightly up from RMB 158,312,029.09 on December 31, 2023, indicating a marginal increase of 0.1%[14] - The company has not indicated any significant new product launches or market expansion strategies during this reporting period[13] Operational Efficiency - The company's operating profit for Q1 2024 was -¥9,102,868.26, compared to -¥21,342,960.55 in Q1 2023, indicating a significant improvement in operational efficiency[19]