Financial Performance - Net profit attributable to shareholders rose by 33.14% to CNY 26,226,725.33 for the first quarter of 2024[12] - Operating revenue for Q1 2024 reached CNY 211,968,942.81, a 32.14% increase year-on-year[12] - In Q1 2024, the operating profit increased by 39.90% to CNY 30.65 million, driven by increased operating revenue[15] - Total profit for Q1 2024 rose by 40.09% to CNY 30.69 million, attributed to higher operating income[15] - The company reported a basic earnings per share of CNY 0.26, down 27.78% from the previous year[12] - The company reported a non-recurring loss of CNY -534,689.80, influenced by various non-operational factors[18] - The basic earnings per share for Q1 2024 was ¥0.26, down from ¥0.36 in Q1 2023[57] - The total comprehensive income for Q1 2024 was ¥32.62 million, compared to ¥20.62 million in Q1 2023, reflecting a growth of 58%[59] Assets and Liabilities - Total assets increased by 7.69% to CNY 738,659,077.37 compared to the end of last year[12] - The total liabilities to assets ratio for the consolidated entity was 53.46%, slightly down from 53.73% at the end of the previous year[12] - The company's total liabilities increased to ¥394,904,685.85 as of March 31, 2024, from ¥368,564,940.20 on December 31, 2023, marking a rise of about 7.1%[51] - The company's equity attributable to shareholders reached ¥343,024,755.09 as of March 31, 2024, compared to ¥315,932,042.95 on December 31, 2023, showing an increase of approximately 8.5%[51] - The company's current assets totaled ¥455,060,522.74 as of March 31, 2024, compared to ¥420,048,736.80 on December 31, 2023, indicating an increase of about 8.3%[49] - The company's total liabilities rose to ¥328,230,021.78 in Q1 2024, up from ¥316,484,925.51 in Q1 2023, an increase of 3.9%[54] Cash Flow - The company's cash flow from operating activities showed a significant decline of 108.53%, resulting in a net outflow of CNY 3,326,027.68[12] - The net cash flow from operating activities for Q1 2024 was CNY -3.33 million, a decrease of 108.53% compared to the previous year, mainly due to increased inventory and employee costs[15] - Cash flow from operating activities showed a net outflow of ¥3.33 million in Q1 2024, contrasting with a net inflow of ¥39.00 million in Q1 2023[61] - The net cash flow from investing activities was -17,274,580.17 in Q1 2023, indicating a worsening investment position[66] - The net cash flow from financing activities improved to 10,814,458.15, showing a significant turnaround[66] Expenses - The gross profit margin decreased, with operating costs rising by 33.60% to CNY 154,500,287.67 due to increased sales volume[14] - Management expenses increased by 78.07% to CNY 15,378,357.05, attributed to higher costs associated with overseas operations[14] - Research and development expenses for Q1 2024 were ¥6,868,586.47, slightly down from ¥7,772,460.18 in Q1 2023[55] - Total operating expenses increased to ¥143.28 million in Q1 2024 from ¥120.81 million in Q1 2023, marking an increase of approximately 18.5%[59] Shareholder Information - As of the end of the reporting period, the total number of ordinary shares was 100,151,100, with 59.63% held by the controlling shareholder[20][21] - The largest shareholder, Shen Anju, holds 56,161,980 shares, representing 56.08% of the total shares[22] - The total shares held by the top ten shareholders amount to 69,904,822, which is 69.79% of the total shares[22] - The company has no pledged or judicially frozen shares among its major shareholders[23] - There are no significant changes in the shareholding structure of the top ten shareholders during the reporting period[22] Legal and Compliance - The company is involved in a lawsuit with a claim amounting to 37,424,448.74 yuan, which represents 10.89% of the company's net assets[27] - The company has committed to bear any civil compensation liabilities arising from a legal case involving a former subsidiary[37] - The company has fulfilled its obligations regarding external guarantees and related transactions in a timely manner[25] Future Plans and Investments - The company is expanding its construction projects, with ongoing investments in new facilities and equipment in North America[14] - The company plans to issue up to 10 million shares, raising a total of no more than 150 million yuan for R&D headquarters and auto parts production projects[41] - The company submitted an application for a private placement of shares to the Beijing Stock Exchange on October 27, 2023, and received an acceptance notice on October 31, 2023[42]
骏创科技(833533) - 2024 Q1 - 季度财报