Financial Performance - The company's revenue for Q1 2024 was ¥274,432,950.33, representing a slight increase of 0.57% compared to ¥272,889,044.92 in the same period last year[4] - Net profit attributable to shareholders decreased significantly by 81.88% to ¥5,137,981.20 from ¥28,356,125.41 year-on-year[4] - Basic and diluted earnings per share dropped by 82.35% to ¥0.03 from ¥0.17 in the same quarter last year[4] - Total operating revenue for Q1 2024 was CNY 274,432,950.33, a slight increase of 0.5% compared to CNY 272,889,044.92 in Q1 2023[20] - Net profit for Q1 2024 was CNY 5,137,981.20, a significant decrease of 81.9% compared to CNY 28,356,125.41 in Q1 2023[21] - The basic earnings per share for Q1 2024 was CNY 0.03, down from CNY 0.17 in Q1 2023, indicating a decline in profitability per share[21] Cash Flow - The net cash flow from operating activities was negative at -¥88,337,397.80, a decline of 151.03% compared to -¥35,189,931.23 in the previous year[4] - The net cash flow from operating activities for Q1 2024 was -88,337,397.80, compared to -35,189,931.23 in Q1 2023, indicating a decline in operational cash flow[24] - Total cash inflow from operating activities was 175,876,071.68, up from 147,376,387.41 in the previous year, reflecting a year-over-year increase of approximately 19.4%[24] - Cash outflow from operating activities increased to 264,213,469.48 from 182,566,318.64, representing a significant rise of about 44.6%[24] - The net cash flow from investment activities was 141,480,350.83, compared to 61,975,137.15 in Q1 2023, showing a substantial increase of approximately 128.7%[24] - Cash inflow from investment activities totaled 202,149,909.15, down from 652,352,162.99, indicating a decrease of about 69.0%[24] - Cash outflow from investment activities decreased to 60,669,558.32 from 590,377,025.84, a reduction of approximately 89.7%[24] - The net cash flow from financing activities was -537,273.99, compared to -469,971.93 in the same quarter last year, indicating a slight increase in cash outflow[25] - The company did not report any cash inflow from financing activities during the quarter[25] Assets and Liabilities - Total assets decreased by 2.22% to ¥2,126,813,642.49 from ¥2,175,087,311.70 at the end of the previous year[5] - Total current assets amount to 1,334,086,681.18 CNY, a decrease from 1,403,520,272.87 CNY at the beginning of the period[17] - Total liabilities decreased to CNY 350,227,163.72, down 15.0% from CNY 411,969,976.10 in the previous year[19] - Deferred income tax assets decreased to CNY 3,471,834.25 from CNY 3,842,170.86, a reduction of 9.7%[18] - The total equity attributable to the parent company increased slightly to CNY 1,776,586,478.77 from CNY 1,763,117,335.60, reflecting a growth of 0.8%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,903[13] - The largest shareholder, Zhang Guoshan, holds 33.17% of shares, totaling 55,890,000 shares[13] - The second largest shareholder, Zhang Haolei, holds 29.86% of shares, totaling 50,301,000 shares[13] - The company has a significant shareholder relationship among the top shareholders, indicating potential influence on corporate decisions[14] - The company has not reported any changes in the status of preferred shareholders or restricted shares[15] Operational Metrics - The weighted average return on equity fell to 0.29% from 1.72% year-on-year, indicating a decline in profitability[5] - Total operating costs increased to CNY 272,929,938.80, up 9.8% from CNY 248,647,807.94 in the previous year[20] - Research and development expenses increased to CNY 21,549,215.91, up 24.7% from CNY 17,316,136.09 in Q1 2023, highlighting a focus on innovation[20] - The company reported a significant increase in accounts receivable financing, which rose by 388.45% to ¥130,912,315.80, primarily due to an increase in bank acceptance bills[9] - The company’s investment income decreased by 50.47% to ¥2,109,053.34, attributed to a reduction in investments in bank wealth management products[10] - Cash received from investment decreased by 69.14% to ¥200,000,000.00, reflecting a decline in bank wealth management product investments[11] - Cash and cash equivalents increased to 251,203,358.56 CNY from 202,907,699.06 CNY[17] - Accounts receivable decreased to 638,939,448.25 CNY from 737,415,312.97 CNY[17] - Inventory increased to 222,660,779.33 CNY from 180,584,491.40 CNY[17] - Fixed assets increased to 561,431,285.66 CNY from 391,979,075.22 CNY[17]
同飞股份(300990) - 2024 Q1 - 季度财报