HJINV(SZ:000633)2024-04-17 10:13Financial Performance - The company's operating revenue for Q1 2024 was ¥44,811,065.17, a decrease of 4.08% compared to ¥46,718,284.47 in the same period last year[5] - Net profit attributable to shareholders increased by 11.13% to ¥1,330,796.86 from ¥1,197,519.12 year-on-year[5] - The net profit after deducting non-recurring gains and losses surged by 74.57% to ¥1,223,394.50, compared to ¥700,807.78 in the previous year[5] - The company reported a total of 27,098 common shareholders at the end of the reporting period[21] - Total operating revenue for the current period was ¥44,811,065.17, a decrease of 4.1% from ¥46,718,284.47 in the previous period[41] - Net profit attributable to shareholders of the parent company was reported as ¥179,815,447.03, compared to ¥178,484,650.17 in the previous period, indicating a slight increase[41] - The company recorded a net loss of ¥315,674,733.30 in undistributed profits, an improvement from a loss of ¥317,005,530.16 in the previous period[41] - Total comprehensive income for Q1 2024 was CNY 1,330,796.86, compared to CNY 1,197,519.12 in the previous year, indicating a growth of 11.1%[46] - Earnings per share (EPS) for Q1 2024 was CNY 0.0035, an increase from CNY 0.0031 in the same quarter last year[46] Cash Flow and Assets - The net cash flow from operating activities improved significantly by 275.40%, reaching ¥9,314,207.81, compared to a negative cash flow of -¥5,310,274.68 last year[5] - Cash and cash equivalents increased by 212.43% to ¥24,790,272.48, primarily due to the recovery of investment funds from joint ventures and increased customer payments[6] - Total current assets increased to ¥136,853,648.94 from ¥127,549,084.94, reflecting a growth of approximately 10.1%[24] - Cash and cash equivalents rose significantly to ¥24,790,272.48 from ¥7,934,621.01, marking an increase of about 212.5%[24] - The company's total assets at the end of the reporting period were ¥233,161,679.10, a slight decrease of 0.12% from ¥233,453,274.15 at the end of the previous year[5] - The total liabilities decreased to ¥53,346,232.07 from ¥54,968,623.98, reflecting a reduction of 2.9%[43] - The company’s cash flow management strategy includes the recovery of an investment of ¥8 million in a subsidiary, enhancing its financial position[40] Research and Development - Research and development expenses were recorded at ¥171,476.54, marking a 100% increase as the company increased its R&D spending[7] - Research and development expenses amounted to ¥171,476.54, with no previous period data available for comparison[41] - The company plans to continue its focus on R&D and market expansion strategies to enhance future growth prospects[5] Shareholder Information - The largest shareholder, Guanghui Energy Co., Ltd., holds 20.74% of the shares, totaling 79,879,575 shares[21] - The second-largest shareholder, Qiongqing City Zhiyin No. 3 Investment Partnership, holds 7.00% with 26,942,400 shares[21] - The company has no known related party relationships among the top shareholders[21] - The total number of shares held by the top ten shareholders participating in margin trading is 1,752,600 shares[21] Financial Expenses and Subsidies - The company reported a significant increase in financial expenses, which rose by 675.67% to -¥1,658,882.88, mainly due to foreign exchange fluctuations[7] - The company received government subsidies amounting to ¥137,106.09, which positively impacted the current period's profit[5] Strategic Focus - The company is focusing on strategic transformation to enhance core competitiveness and sustainable operational capabilities[40] - The company has implemented new accounting standards starting from 2024, which may impact future financial reporting[32]