Financial Performance - Operating revenue for the first quarter of 2024 was ¥32,335,551.42, representing a decrease of 14.44% year-over-year[10] - Net profit attributable to shareholders for the first quarter of 2024 was ¥5,315,244.80, an increase of 27.33% compared to the same period last year[10] - The company reported a decrease in short-term borrowings, contributing to a reduction in total liabilities[34] - Total operating revenue for Q1 2024 was CNY 32,335,551.42, a decrease from CNY 37,791,830.06 in Q1 2023, representing a decline of approximately 14.5%[38] - Total operating costs for Q1 2024 were CNY 31,436,601.47, down from CNY 34,838,579.44 in Q1 2023, reflecting a decrease of about 9.3%[38] - Net profit for Q1 2024 reached CNY 5,240,681.35, an increase from CNY 4,164,960.95 in Q1 2023, marking a growth of approximately 25.9%[39] - The company reported a total comprehensive income of CNY 4,053,696.69 for Q1 2024, compared to CNY 4,471,162.18 in Q1 2023[41] Cash Flow - The net cash flow from operating activities was ¥10,609,872.86, a significant increase of 286.30% year-over-year[10] - The cash flow from operating activities for Q1 2024 was CNY 10,609,872.86, a significant improvement compared to a negative cash flow of CNY -5,695,183.37 in Q1 2023[42] - Cash inflow from investment activities in Q1 2024 was CNY 115,205,092.49, a substantial increase from CNY 12,680,419.00 in Q1 2023[43] - The cash flow from financing activities in Q1 2024 was CNY 137,155.00, down from CNY 60,573,271.99 in Q1 2023[43] - The net increase in cash and cash equivalents was -43,886,448.63 in the prior period[46] Assets and Liabilities - Total assets as of March 31, 2024, reached ¥319,038,567.89, an increase of 1.41% compared to the end of 2023[10] - The company's total liabilities to assets ratio (consolidated) improved to 17.72% from 18.28% at the end of 2023[10] - Total current assets increased to ¥245,548,816.76 as of March 31, 2024, compared to ¥242,031,035.15 on December 31, 2023, reflecting a growth of approximately 1.05%[32] - Total liabilities decreased to ¥56,539,604.19 from ¥57,500,826.58, a decline of approximately 1.68%[34] - Total equity increased to ¥262,498,963.70 from ¥257,108,282.36, reflecting a growth of about 2.5%[34] Shareholder Information - Major shareholders include Xu Weifeng with 23.90% and Shi Baojing with 23.79% of shares[18] - Total shares held by the top ten shareholders amount to 54,006,373, representing 82.23% of total shares[19] - There are no pledged or frozen shares among the top ten shareholders[21] Legal Matters - The company is currently involved in a lawsuit regarding unfair competition with Hanwei Technology Group, with a claim amount of 2,034,098.00 yuan[24] - The company has initiated a counter lawsuit against Hanwei Technology Group for 5,100,000.00 yuan, which is currently under review[24] Government Support and Other Income - The company received government subsidies amounting to ¥3,787,236.82, a rise of 148.26% compared to the previous year[12] - The company reported a significant increase in other income, which rose to CNY 3,787,236.82 from CNY 1,525,495.29, indicating a growth of about 148.5%[39] Research and Development - Research and development expenses for Q1 2024 were CNY 3,365,890.25, compared to CNY 3,289,523.75 in Q1 2023, representing an increase of approximately 2.3%[38] - The company's research and development expenses for Q1 2024 were CNY 2,753,188.80, slightly higher than CNY 2,624,643.26 in Q1 2023[40] Financial Ratios and Performance Metrics - The company's basic and diluted earnings per share for Q1 2024 were both CNY 0.08, compared to CNY 0.07 in Q1 2023[40] - The company's deferred tax assets decreased to CNY 3,180,321.19 from CNY 3,376,565.34, reflecting a decline of approximately 5.8%[36]
驰诚股份(834407) - 2024 Q1 - 季度财报