Cynda(603086)2024-04-29 11:21Financial Performance - The company's operating revenue for Q1 2024 was ¥489,964,898.81, representing a decrease of 10.56% compared to the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥13,762,047.97, a decline of 130.98% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥16,014,119.47, down 144.65% from the previous year[4]. - Basic and diluted earnings per share were both -¥0.03, reflecting a decrease of 130.00% due to the decline in net profit[4]. - Net profit for Q1 2024 was a loss of ¥13,769,723.01, compared to a profit of ¥45,223,909.14 in Q1 2023, indicating a significant decline[18]. - The total comprehensive income attributable to the parent company for Q1 2024 was -¥13,762,047.97, a decrease from ¥44,424,279.36 in Q1 2023[22]. - The company's basic and diluted earnings per share for Q1 2024 were both -¥0.03, compared to ¥0.10 in Q1 2023, reflecting a decline in profitability[22]. Revenue and Costs - Total operating revenue for Q1 2024 was ¥489,964,898.81, a decrease of 10.5% compared to ¥547,800,695.47 in Q1 2023[17]. - Total operating costs for Q1 2024 were ¥501,696,305.69, slightly down from ¥505,720,886.53 in Q1 2023[17]. - Total revenue from sales of goods and services in Q1 2024 was ¥544,356,184.54, down 15.1% from ¥641,006,858.07 in Q1 2023[22]. - The decline in net profit was mainly attributed to a decrease in the sales prices of the company's main products[7]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,463,452,806.93, an increase of 4.41% from the end of the previous year[4]. - The company's total assets increased to ¥3,463,452,806.93 in Q1 2024 from ¥3,317,294,993.02 in Q1 2023, reflecting a growth of 4.4%[14]. - Total liabilities rose to ¥1,463,574,586.16 in Q1 2024, up from ¥1,306,139,641.33 in Q1 2023, an increase of 12.0%[13]. - The equity attributable to shareholders decreased by 0.56% to ¥1,992,511,294.15 compared to the end of the previous year[4]. - The company’s total equity decreased to ¥1,999,878,220.77 in Q1 2024 from ¥2,011,155,351.69 in Q1 2023, a decline of 0.6%[14]. Cash Flow - The net cash flow from operating activities increased by 277.74% to ¥72,516,450.20, primarily due to the use of bank acceptance bills for procurement settlements[7]. - In Q1 2024, the company reported a net cash flow from operating activities of ¥72,516,450.20, a significant improvement compared to a net outflow of -¥40,800,207.31 in Q1 2023[22]. - The company incurred financial expenses of ¥282,759.06 in Q1 2024, significantly lower than ¥7,649,800.71 in Q1 2023, indicating improved financial management[18]. - The company experienced a net cash outflow from investing activities of -¥230,011,834.59 in Q1 2024, compared to -¥186,084,397.20 in Q1 2023, indicating increased investment expenditures[23]. - Cash outflows from financing activities in Q1 2024 amounted to ¥103,466,142.21, compared to only ¥1,119,016.67 in Q1 2023, indicating a significant increase in financing costs[24]. - The net increase in cash and cash equivalents for Q1 2024 was -¥156,476,881.96, compared to -¥143,054,285.17 in Q1 2023, showing a worsening cash position[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,681[9]. Non-Recurring Gains - The company reported non-recurring gains of ¥2,252,071.50, primarily from government subsidies and other non-operating income[6].