HONGBO(002229)2024-04-29 15:58Financial Performance - The company reported a net loss attributable to shareholders of ¥25.06 million, a decrease of 37.33% from the previous year[5]. - The net profit attributable to the parent company was -¥25,063,921.54, compared to -¥18,251,132.61 in the previous period, indicating a decline of approximately 37.5%[36]. - The total profit for the period was -¥15,659,634.42, worsening from -¥11,249,217.14 in the prior period, reflecting an increase in losses of about 39.5%[36]. - The company reported a net loss of -¥16,090,482.19 for the period, compared to -¥14,263,727.93 in the previous period, indicating an increase in losses of about 12.8%[36]. - The operating profit (loss) was -¥15,583,847.31, compared to -¥11,217,161.11 in the previous period, indicating a deterioration of approximately 39.5%[36]. Revenue and Costs - Operating revenue for the current period was ¥154,764,165.57, representing a year-over-year increase of 7.59%[29]. - The total operating revenue for the first quarter of 2024 was ¥154,764,165.57, an increase from ¥143,850,756.53 in the same period last year, representing a growth of approximately 7.5%[51]. - The total operating costs for the first quarter of 2024 were ¥173,827,988.57, compared to ¥158,226,908.79 in the previous year, indicating an increase of about 9.9%[51]. Assets and Liabilities - Total assets increased significantly, with trading financial assets at ¥110 million, and inventory rising by 68.49% to ¥410.53 million due to stockpiling for existing orders[5]. - The company's total assets increased by 9.98% to ¥3,388,563,623.77 compared to the previous year[29]. - The total liabilities as of the end of the reporting period amounted to ¥1,742,401,759.79, up from ¥1,419,655,362.06 in the previous year[51]. - The company's total liabilities increased, with lease liabilities up by 55.45% to ¥155.25 million, reflecting new financing leases[5]. - The total liabilities decreased slightly to ¥1,861,670,603.92, compared to ¥1,860,950,000.00 at the end of the previous year[29]. Cash Flow - The net cash flow from operating activities turned negative at -¥43.65 million, a decline of 226.79% compared to the previous year, primarily due to uncollected sales payments[5]. - The net cash flow from operating activities was -¥43,651,072.26, a decrease of 226.79% compared to the same period last year[29]. - The cash and cash equivalents decreased by 68.84% to -¥200.92 million, again due to uncollected sales payments[5]. - The company's cash and cash equivalents at the end of the period were ¥601,479,477.13, down from ¥948,528,786.30 at the beginning of the period[25]. Investment and Expenses - Research and development expenses rose by 53.67% to ¥5.11 million, indicating increased investment in innovation[5]. - Financial expenses rose to ¥5,268,401.09 from ¥4,626,017.03, an increase of about 13.9%[36]. - The cash outflow from investment activities was ¥204,090,127.08, down from ¥375,812,637.62 in the previous year[25]. - The company reported a significant credit impairment loss of -¥1,442,680.25, contrasting with a gain of ¥721,180.65 in the previous period[36]. - The sales expenses decreased to ¥6,706,151.87 from ¥7,138,688.06, reflecting a reduction of about 6.0%[36]. - The management expenses decreased to ¥23,721,839.58 from ¥24,787,762.85, showing a decline of approximately 4.3%[36]. Shareholder Information - The company has transitioned to having no controlling shareholder, with the largest shareholder's stake dropping from 21.83% to 0.65% due to legal disputes[18]. - The company has no controlling shareholder or actual controller as of the latest report[47]. - The company plans to repurchase and cancel 2,152,775 shares of restricted stock, which accounts for 0.43% of the total share capital prior to the repurchase[47]. - The company's equity attributable to shareholders decreased by 1.57% to ¥1,526,893,019.85 compared to the previous year[29]. - The total equity attributable to shareholders of the parent company was ¥1,526,893,019.85, a slight decrease from ¥1,551,249,970.42 year-on-year[51]. Other Information - The construction in progress rose by 436.28% to ¥18.10 million, indicating ongoing investments in new equipment[5]. - The company recorded a total of ¥4,014,769.54 in other income, which includes government subsidies and investment income[41]. - The company reported a decrease in undistributed profits to ¥130,479,887.83 from ¥155,543,809.37 in the previous year[51]. - The company's long-term borrowings stood at ¥53,000,000.00, slightly down from ¥53,500,000.00 in the previous year[51]. - The first quarter report is unaudited[53].