安车检测(300572) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 125,109,960.44, representing a 12.78% increase compared to CNY 110,929,024.64 in the same period last year[4] - Net profit attributable to shareholders decreased by 96.32% to CNY 154,215.17 from CNY 4,196,226.34 year-on-year[4] - Total operating revenue for Q1 2024 was CNY 125,109,960.44, an increase of 12.0% compared to CNY 110,929,024.64 in Q1 2023[21] - Total operating costs for Q1 2024 were CNY 129,037,421.21, up 13.7% from CNY 113,404,658.76 in the same period last year[21] - Net profit for Q1 2024 was a loss of CNY 689,939.69, compared to a profit of CNY 3,710,799.53 in Q1 2023[22] - The company's basic earnings per share of CNY 0.0007, down from CNY 0.0200 in the same period last year[22] Cash Flow and Liquidity - The net cash flow from operating activities improved by 47.11%, reaching CNY -20,650,744.16 compared to CNY -39,043,268.98 in the previous year[4] - The net cash flow from operating activities was -20,650,744.16, an improvement from -39,043,268.98 in the previous period, indicating a reduction in cash outflow[24] - Cash inflow from investment activities totaled 513,307,054.80, down from 554,044,182.91 in the previous period, while cash outflow for investments was 417,299,860.51, compared to 452,811,141.93 previously[24] - The net cash flow from financing activities was -24,699,275.64, a significant decline from a positive cash flow of 5,412,967.68 in the previous period[25] - The total cash and cash equivalents at the end of the period amounted to 824,615,317.46, down from 1,323,230,926.29 in the previous period[25] - Cash received from sales of goods and services was 107,553,825.46, a decrease from 114,854,287.67 in the previous period[24] - Cash paid for purchasing goods and services was 46,105,481.81, significantly lower than 74,004,353.46 in the previous period[24] - Cash paid for employee compensation was 52,993,764.10, slightly down from 53,187,729.66 in the previous period[24] - The company reported cash inflow from investment income of 3,307,054.80, down from 3,928,021.65 in the previous period[24] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 2,832,836,216.02, a decrease of 1.29% from CNY 2,869,743,614.54 at the end of the previous year[4] - The company's total assets decreased to CNY 2,832,836,216.02 from CNY 2,869,743,614.54 in the previous quarter[20] - Total liabilities decreased to CNY 727,531,732.58 from CNY 749,030,394.96 in the previous quarter[20] - The total equity attributable to shareholders decreased to CNY 2,027,990,888.48 from CNY 2,047,881,132.75 in the previous quarter[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,602, with the largest shareholder holding 25.72% of the shares[11] - The company repurchased shares during the reporting period, resulting in a 100% increase in treasury stock[7] - As of March 31, 2024, the company has repurchased a total of 1,635,500 shares, representing about 0.7142% of its total share capital, with a total transaction amount of RMB 19,988,395[17] - The company has initiated a share buyback plan with a budget between RMB 40 million and RMB 80 million, with a maximum repurchase price set at RMB 18.00 per share[17] - The company’s major shareholders include Shenzhen Hengbang Zhaofeng Private Securities Fund Management Co., holding 4,579,776 shares, and other significant shareholders with varying holdings[13] Strategic Initiatives - The company plans to use RMB 33.15 million from its fundraising for acquiring 51% equity in 18 vehicle inspection stations, enhancing its competitive edge in the downstream inspection station business[16] - The company’s board approved the acquisition of equity in Guangxi Chemao Automotive Technology Co., which is expected to enhance resource sharing and competitive advantages[16] - The company is focusing on enhancing its market expansion strategies and exploring potential mergers and acquisitions to drive future growth[22] Other Income and Expenses - Financial expenses decreased by 80.28% to CNY -818,759.78, primarily due to increased interest income[8] - Other income increased by 61.34% to CNY 3,217,441.15, driven by VAT refunds and increased government subsidies[8] - Research and development expenses for Q1 2024 were CNY 9,948,985.12, slightly down from CNY 10,458,197.16 in Q1 2023[22] - The company reported a significant decrease in accounts receivable notes by 85.12%, indicating reduced receipt of notes compared to the beginning of the period[7] - The company’s accounts receivable increased to RMB 135,339,057.74 from RMB 127,528,658.37, indicating a growth of approximately 6.2%[18] - The company’s trading financial assets decreased to RMB 436,241,921.36 from RMB 558,241,921.36, a decline of about 21.9%[18] - The company’s other receivables rose to RMB 43,471,717.26 from RMB 38,541,511.73, marking an increase of approximately 12.5%[18] - The company’s prepayments increased to RMB 26,715,865.86 from RMB 22,753,330.51, reflecting a growth of about 17.3%[18]