ECEC(002199)2024-04-26 08:48Revenue and Profit - Revenue for the first quarter of 2024 was RMB 43,491,415.27, a 12.31% increase compared to the same period last year[5] - Operating revenue increased by 12.3% to 43,491,415.27 yuan from 38,724,436.49 yuan in the previous year[18] - Net profit attributable to shareholders of the listed company was RMB -17,763,011.86, a 27.57% decrease compared to the same period last year[5] - Net profit for the quarter was -17,763,011.86 yuan, compared to -13,945,471.47 yuan in the same period last year, a 27.4% increase in loss[19] - Comprehensive income attributable to the parent company's owners totaled -17,769,225.15 RMB, a decrease compared to -13,924,409.49 RMB in the previous period[20] Cash Flow - Net cash flow from operating activities was RMB 2,050,164.17, a 122.89% increase compared to the same period last year, mainly due to a decrease in cash payments for material purchases[8] - Net cash flow from operating activities was 2,050,164.17 RMB, a significant improvement from -8,954,789.11 RMB in the previous period[23] - Net cash flow from investing activities was -82,133.33 RMB, an improvement from -6,444,982.22 RMB in the prior period[23] - Net cash flow from financing activities was -3,605,439.41 RMB, compared to 5,592,785.98 RMB in the previous period[23] - Cash received from sales of goods and services was 32,191,313.20 RMB, up from 30,894,051.35 RMB in the previous period[22] - Total operating cash inflows were 33,642,475.68 RMB, compared to 32,350,414.63 RMB in the prior period[22] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 505,358,154.47, a 2.29% decrease compared to the end of the previous year[5] - Total assets decreased from 517,228,276.23 yuan to 505,358,154.47 yuan, a decline of 2.3%[14][16] - Equity attributable to shareholders of the listed company was RMB 283,932,786.29, a 5.89% decrease compared to the end of the previous year[5] - Total liabilities increased slightly from 215,526,264.79 yuan to 221,425,368.18 yuan, a 2.7% rise[16] - Fixed assets decreased by 1.9% to 267,756,077.46 yuan from 272,998,646.06 yuan[14] - Inventory increased by 6.9% to 69,523,700.94 yuan from 65,064,742.81 yuan[14] - Accounts receivable decreased by 6.7% to 49,431,211.78 yuan from 52,984,592.53 yuan[13] - Cash and cash equivalents decreased by 2.9% to 55,037,039.15 yuan from 56,680,661.01 yuan[13] - The ending balance of cash and cash equivalents was 55,037,039.15 RMB, down from 56,680,661.01 RMB at the beginning of the period[24] Earnings and Shareholder Information - Basic earnings per share were RMB -0.0730, a 27.62% decrease compared to the same period last year[5] - Basic and diluted earnings per share were both -0.0730 RMB, down from -0.0572 RMB in the prior period[20] - Weighted average return on equity was -6.07%, a decrease of 2.20 percentage points compared to the same period last year[5] - The total number of ordinary shareholders at the end of the reporting period was 22,660[10] - The largest shareholder, Li Qingyue, holds 12.81% of the company's shares, totaling 31,180,360 shares[10] Operating Costs and Expenses - Operating costs increased by 29.8% to 53,688,803.18 yuan from 44,759,638.23 yuan[18] - Research and development expenses decreased by 18.7% to 2,407,230.48 yuan from 2,959,425.86 yuan[19] Government Subsidies and Loans - Government subsidies recognized in the current period amounted to RMB 1,182,693.00[6] - The company received 20,000,000 RMB in loans, slightly up from 19,530,000 RMB in the previous period[23] - The company repaid 22,000,000 RMB in debt, significantly higher than the 12,000,000 RMB repaid in the prior period[23]