Financial Performance - The company's revenue for Q1 2024 was ¥412,034,215.24, a decrease of 3.58% compared to ¥427,342,028.54 in the same period last year[5] - Net profit attributable to shareholders decreased by 42.50% to ¥17,487,113.32 from ¥30,411,108.08 year-on-year[5] - In Q1 2024, the company's revenue was CNY 412.03 million, a decrease of 3.58% year-over-year, while net profit was CNY 17.49 million, down 42.50% compared to the same period last year[13] - The decline in revenue and profit was primarily due to increased market competition and rising management expenses related to the company's listing activities[13] - Basic and diluted earnings per share for Q1 2024 were CNY 0.0874, down from CNY 0.2027 in Q1 2023, a decrease of 56.9%[22] - The company reported a total comprehensive income of CNY 17,467,998.26, down from CNY 30,398,776.87 in the previous year, a decline of 42.5%[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥85,270,363.70, a decline of 186.09% compared to ¥99,048,194.55 in Q1 2023[5] - Cash received from sales of goods and services was CNY 395,169,254.26, down from CNY 422,399,386.25 in the previous year, a decline of 6.4%[24] - The total cash inflow from financing activities amounted to 977,051,506.00 CNY, with a net cash flow of 770,003,677.58 CNY, compared to -142,152,015.89 CNY last year[26] - The cash and cash equivalents at the end of the period reached 769,955,083.14 CNY, up from 106,131,019.73 CNY in the previous year[26] - The total cash outflow from operating activities was 543,556,109.50 CNY, compared to 383,228,782.36 CNY last year[25] - The impact of exchange rate changes on cash and cash equivalents was -274,644.78 CNY, contrasting with a positive impact of 140,553.83 CNY in the previous year[26] Assets and Liabilities - Total assets increased by 40.91% to ¥1,997,199,379.23 from ¥1,417,361,302.94 at the end of the previous year[5] - The company's total assets reached CNY 1,997,199,379.23, compared to CNY 1,417,361,302.94 in the previous year, reflecting a growth of 40.7%[18] - Total liabilities decreased to CNY 559,569,814.31 from CNY 765,150,558.87, a reduction of 26.9%[18] - The company's total liabilities decreased by 41.16% in accounts payable, reflecting a reduction in bill payments[8] - Shareholders' equity attributable to the parent company rose by 120.42% to ¥1,437,629,564.92 from ¥652,210,744.07[5] - The company's equity attributable to shareholders increased significantly to CNY 1,437,629,564.92 from CNY 652,210,744.07, marking a growth of 120.5%[18] Operational Metrics - The company reported a significant increase in other income, which rose by 8652.21% to ¥13,708,491.67, primarily due to a government reward for listing[8] - The company's R&D expenses decreased by 39.91% to ¥3,994,482.38 compared to ¥6,647,028.88 in Q1 2023[8] - Total operating costs increased to CNY 398,721,755.55, up 3.93% from CNY 386,968,690.83 in the previous year[21] - Accounts receivable slightly increased to CNY 139.92 million from CNY 136.45 million, indicating stable customer payment behavior despite revenue decline[15] - Inventory levels were CNY 450.71 million, showing a slight decrease from CNY 456.93 million, reflecting ongoing inventory management efforts[15] - Despite the competitive market environment, the company experienced an increase in order volume, indicating strong demand for its products[14] Shareholder Information - The top shareholder, Chen Peijun, holds 35.50% of the company's shares, reinforcing strong insider ownership[12] - The total number of common shareholders at the end of the reporting period was 30,386, reflecting a stable shareholder base[12] - The company is focused on strategic planning and operational goals to navigate the challenging market landscape[14]
腾达科技(001379) - 2024 Q1 - 季度财报