XDC(300615)2024-04-28 07:57Financial Performance - The company's revenue for Q1 2024 was ¥40,059,966.13, a decrease of 79.36% compared to ¥194,080,020.14 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥8,424,616.01, representing a decline of 135.49% from a profit of ¥23,735,950.81 in the previous year[4] - The company reported a significant decline in operating income, primarily due to reduced sales of RF device products[9] - Total operating revenue for Q1 2024 was CNY 40,059,966.13, a decrease of 79.4% compared to CNY 194,080,020.14 in the same period last year[21] - Net profit for Q1 2024 was a loss of CNY 8,424,616.01, compared to a profit of CNY 28,932,870.22 in Q1 2023, representing a significant decline[22] - The total comprehensive income for Q1 2024 was a loss of CNY 9,042,814.18, compared to a gain of CNY 29,511,144.52 in the same period last year[22] Cash Flow - The net cash flow from operating activities was negative at ¥24,775,778.62, a decrease of 210.72% compared to a positive cash flow of ¥22,377,748.24 in Q1 2023[10] - Cash flow from operating activities was CNY 57,447,635.67, down 72.6% from CNY 198,387,571.38 in the previous year[24] - The total cash inflow from operating activities was 59,608,151.31, while total cash outflow was 84,383,929.93, resulting in a negative cash flow from operations[25] - The company incurred payments to employees totaling 23,315,146.21 in Q1 2024, down from 29,384,423.08 in the previous year[25] - Total cash inflow from financing activities was 30,315,000.00, while cash outflow was 2,957,335.65, resulting in a net cash flow of 27,357,664.35, contrasting with a net outflow of -1,913,204.58 in the previous year[25] - The total cash outflow from investing activities was 4,254,049.24, leading to a net cash flow of -4,254,049.24 for the quarter, compared to -22,624,315.82 in Q1 2023[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥682,250,575.12, down 2.25% from ¥697,980,409.81 at the end of the previous year[4] - Total liabilities decreased to CNY 150,939,515.80 from CNY 157,626,536.31, a decline of about 4.2%[20] - The company's cash and cash equivalents at the end of the reporting period amount to ¥110,450,207.32, a decrease from ¥111,888,997.35 at the beginning of the period[18] - The total current assets decreased to ¥483,494,074.99 from ¥495,552,232.89[18] - The inventory at the end of the reporting period is ¥85,114,178.91, up from ¥82,829,494.93[18] - The company reported a decrease in accounts receivable from ¥102,355,813.99 to ¥91,127,268.98[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,376[12] - The largest shareholder, Shi Weiping, holds 28.69% of shares, totaling 55,007,583 shares, with 27,000,000 shares pledged[12] - The total number of shares held by the top 10 shareholders includes 17,702,112 shares held by shareholder Xue Feng, representing a significant portion of the company's equity[13] - The total number of shares with limited sale conditions for Shi Weiping remains at 41,255,687 shares, indicating no change during the period[15] Other Financial Metrics - The company's basic and diluted earnings per share were both negative at ¥-0.0439, a decrease of 135.12% from ¥0.1250 in the same period last year[4] - Research and development expenses for Q1 2024 were CNY 5,601,215.32, an increase of 18.1% compared to CNY 4,741,069.92 in Q1 2023[21] - The company reported a financial expense of CNY -82,589.19, a significant improvement compared to CNY 2,567,329.55 in the previous year[21] - The impact of exchange rate changes on cash and cash equivalents was a positive 312,468.95 in Q1 2024, contrasting with a negative impact of -764,432.89 in Q1 2023[25] - The company received tax refunds amounting to 1,022,625.83 in Q1 2024, compared to 2,912,247.90 in the same period last year[25] - The company plans to continue its market expansion and product development strategies, although specific figures were not disclosed in the report[16]