Financial Performance - Operating revenue increased by 29.62% to ¥412,818,421.55 from ¥318,487,437.87 in the same period last year[9] - Net profit attributable to shareholders decreased by 65.30% to ¥3,555,964.80, down from ¥10,248,188.29 year-on-year[9] - The company reported a significant increase in operating costs by 32.14% to ¥384,906,143.06, correlating with revenue growth[11] - Total operating revenue for Q1 2024 reached ¥412,818,421.55, an increase from ¥318,487,437.87 in Q1 2023, representing a growth of approximately 29.6%[31] - Net profit for Q1 2024 was ¥3,966,824.49, a decrease from ¥8,797,000.17 in Q1 2023, reflecting a decline of approximately 55.1%[32] - The comprehensive income for Q1 2024 was ¥4,208,737.17, compared to ¥9,431,025.59 in Q1 2023, reflecting a decline of approximately 55.4%[32] - The net profit for Q1 2024 was ¥5,254,192.50, down 39.5% from ¥8,647,476.42 in Q1 2023[33] - The total comprehensive income for Q1 2024 was ¥5,393,588.14, a decrease of 41.5% from ¥9,281,501.84 in Q1 2023[34] Assets and Liabilities - Total assets decreased by 4.60% to ¥903,291,350.47 compared to the end of last year[9] - Total current assets decreased from 833,066,471.45 to 791,885,399.23, a decline of approximately 5.0%[25] - Total liabilities decreased from 488,926,170.99 to 440,801,219.06, a decline of about 9.9%[27] - Total liabilities increased to ¥294,274,583.98 from ¥283,972,955.43, marking a rise of approximately 3.3%[30] - Total equity increased from 457,934,586.14 to 462,490,131.41, an increase of about 1.2%[27] - Non-current assets decreased from 113,794,285.68 to 111,405,951.24, a decline of approximately 2.1%[26] - The company’s intangible assets decreased by 49.65% to ¥144,654.20 due to amortization[10] Cash Flow - Cash flow from operating activities showed a net outflow of ¥31,480,947.69, a decline of 35.30% compared to the previous year[9] - The net cash flow from operating activities for Q1 2024 was -¥31,480,947.69, compared to -¥23,267,654.43 in Q1 2023[36] - Cash inflow from operating activities totaled ¥403,302,511.41 in Q1 2024, up from ¥326,095,021.92 in Q1 2023[35] - The company incurred a net cash outflow from investing activities of -¥10,028,212.69 in Q1 2024, compared to -¥104,485,735.77 in Q1 2023[36] - Cash flow from financing activities generated a net inflow of ¥8,248,279.92 in Q1 2024, contrasting with a net outflow of -¥92,083,361.69 in Q1 2023[36] Shareholder Information - The total number of shares with limited sale conditions is 52,775,000, accounting for 57.91% of the total shares[16] - The total share capital is 91,135,439, with a reduction of 3,100,000 shares[16] - The largest shareholder, Hunan XuanKai, holds 29,550,000 shares, representing 33.57% of the total shares[17] - The company repurchased 3,100,000 shares, which is 3.40% of the total share capital, to be used for capital reduction[22] - The total number of shares held by the top ten shareholders is 53,938,336, accounting for 61.27% of the total shares[18] - The number of shareholders holding ordinary shares is 7,869[16] Other Financial Metrics - The company’s weighted average return on equity decreased to 0.80% from 2.23% year-on-year[9] - The company reported a credit impairment loss of ¥8,504,682.81 in Q1 2024, compared to ¥4,792,220.61 in Q1 2023, which is an increase of approximately 77.1%[32] - Research and development expenses for Q1 2024 were ¥218,800.47, marginally higher than ¥217,192.39 in Q1 2023[31] - The company recorded other income of ¥2,729,695.89 in Q1 2024, down from ¥7,376,116.42 in Q1 2023, a decrease of about 63.0%[32] Legal and Compliance - The company has no litigation or arbitration matters during the reporting period[21] - There are no pledged or judicially frozen shares among the top shareholders[19] - The company has not implemented any employee stock ownership plans or equity incentive plans[22] - The company plans to complete the cancellation of the repurchased shares by January 23, 2024[22]
华光源海(872351) - 2024 Q1 - 季度财报