盟升电子(688311) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥14,264,624.52, representing a decrease of 65.47% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥21,752,869.19, with a basic and diluted earnings per share of -¥0.14[5]. - Net loss for Q1 2024 was ¥22,255,256.57, compared to a net loss of ¥20,849,473.68 in Q1 2023, indicating a worsening of 6.8%[22]. - The company reported a basic and diluted earnings per share of -¥0.14 for Q1 2024, compared to -¥0.17 in Q1 2023[23]. - The total comprehensive loss for Q1 2024 was CNY 3,267,664.41, compared to a loss of CNY 2,178,044.71 in Q1 2023, reflecting an increase in comprehensive losses of about 50%[34]. Cash Flow - The net cash flow from operating activities was -¥74,261,628.13, indicating significant cash outflow during the quarter[5]. - Cash flow from operating activities increased to ¥51,100,183.94 in Q1 2024, up from ¥47,934,632.28 in Q1 2023, reflecting a growth of 4.5%[25]. - The net cash flow from operating activities was -CNY 74,261,628.13, an improvement from -CNY 89,977,537.45 in the previous year[27]. - Operating cash flow for Q1 2024 was negative CNY 36,596,630.67, an improvement from negative CNY 88,942,807.63 in Q1 2023, reflecting a decrease in cash outflow of about 58.8%[35]. - The company reported cash and cash equivalents of CNY 43,844,663.88 at the end of Q1 2024, down from CNY 139,696,606.12 at the end of Q1 2023, a decrease of approximately 68.5%[36]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,632,681,022.89, down 4.80% from the end of the previous year[6]. - The total liabilities decreased to ¥895,630,206.27 in Q1 2024 from ¥1,008,749,080.17 in Q1 2023, a reduction of 11.2%[20]. - The total equity decreased to ¥1,737,050,816.62 in Q1 2024 from ¥1,756,689,454.91 in Q1 2023, a decline of 1.1%[20]. - The total assets as of March 31, 2024, were CNY 1,961,252,747.07, a decrease from CNY 1,973,941,397.61 at the end of 2023[30]. - The company's total liabilities decreased to CNY 448,709,207.84 from CNY 459,690,607.43 at the end of 2023[31]. Research and Development - Research and development expenses totaled ¥18,573,037.29, accounting for 130.20% of operating revenue, an increase of 82.44 percentage points year-on-year[6][9]. - Research and development expenses for Q1 2024 were ¥18,573,037.29, slightly down from ¥19,734,570.54 in Q1 2023, a decrease of 5.9%[22]. - The company's R&D expenses for Q1 2024 were CNY 11,857,082.08, a decrease from CNY 12,679,733.01 in Q1 2023[32]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,391[11]. - The largest shareholder, Chengdu Rongtou Innovation Investment Co., Ltd., held 28.92% of the shares[12]. - The company reported a total of 46,439,340 shares held by Chengdu Rongtou Innovation Investment Co., Ltd., representing 28.98% of the total shares[15]. Operational Challenges - The company faced project delays and non-fulfillment of plans due to industry-specific factors, impacting revenue significantly[9]. - The company continues to focus on cost reduction strategies, as evidenced by the significant decrease in total operating costs[21]. - The company's operating profit for Q1 2024 was negative CNY 5,547,381.69, worsening from negative CNY 2,178,044.71 in Q1 2023, indicating a decline in operational performance[33].