Financial Performance - The company's revenue for Q1 2024 was ¥140,107,642.63, representing a 12.69% increase compared to ¥124,325,966.33 in Q1 2023[9] - Net profit attributable to shareholders for Q1 2024 was ¥11,180,748.83, a significant increase of 418.44% from ¥2,156,627.77 in the same period last year[9] - The net profit after deducting non-recurring gains and losses was ¥9,500,910.25, up 320.65% from ¥2,258,650.48 in Q1 2023[9] - Basic earnings per share for Q1 2024 were ¥0.1612, an increase of 415.02% compared to ¥0.0313 in Q1 2023[9] - Total operating revenue for Q1 2024 reached ¥140,107,642.63, an increase from ¥124,325,966.33 in the previous year, representing a growth of approximately 12.7%[30] - The net profit for the period was $11,148,415.47, a significant recovery from a net loss of $2,480,943.57 in the previous period[38] - Basic earnings per share rose to $0.1612, compared to $0.0313 in the prior period, indicating improved profitability[40] - The operating profit for the period was $11,983,591.73, a turnaround from an operating loss of $546,736.71 in the previous period[38] - The company reported a total comprehensive income of $11,148,415.47, compared to $2,105,692.06 in the previous period[40] Cash Flow and Assets - The net cash flow from operating activities was -¥24,690,448.47, worsening by 194.74% compared to -¥8,377,021.21 in Q1 2023[9] - The total assets at the end of Q1 2024 were ¥1,273,665,928.97, a decrease of 5.72% from ¥1,350,961,669.90 at the end of the previous year[9] - Cash flow from operating activities showed a net outflow of ¥24,690,448.47, worsening from a net outflow of ¥8,377,021.21 in the previous period[35] - The ending balance of cash and cash equivalents was $720,999,585.64, down from $769,773,660.86 at the end of the previous period[36] - The cash and cash equivalents at the end of the reporting period were RMB 721,290,060.68, an increase from RMB 635,156,587.55 at the beginning of the period[24] Expenses and Liabilities - The company reported a 43.54% increase in selling expenses, totaling ¥6,581,904.59, primarily due to increased bonuses and operational costs on the Amazon platform[15] - Investment income decreased by 85.23% to ¥271,076.72 compared to ¥1,834,831.08 in the same period last year[15] - The total liabilities also decreased from ¥179,025,209.21 to ¥111,693,775.50, a reduction of approximately 37.4%[30] - Total operating costs amounted to $130,434,877.97, up from $125,592,744.26 year-over-year[38] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,235, with the top ten shareholders holding a combined 54.48% of shares[19] - The largest shareholder, Beijing Lianzhong Yongsheng Trade Co., Ltd., holds 32.48% of shares, totaling 22,528,000 shares[19] - The company approved a share repurchase plan with a total fund of no less than RMB 50 million and no more than RMB 80 million, with a maximum repurchase price of RMB 41.91 per share[22] - As of the end of the reporting period, the company repurchased a total of 933,334 shares, accounting for 1.35% of the total share capital, with a total transaction amount of RMB 29,992,613.20[23] - The net cash flow from financing activities decreased by 32.18% to RMB 7,919,431.55, primarily due to a reduction in the exercise of stock options[19] Research and Development - Research and development expenses increased to $21,897,373.05 from $20,386,291.07, reflecting a focus on innovation[38] - The company has not disclosed any new product or technology developments in the current report[20] Other Financial Metrics - The company experienced a 53.86% decrease in net cash flow from investing activities, amounting to ¥100,705,834.74, down from ¥218,273,687.39 in Q1 2023[16] - Cash inflow from investment activities was ¥182,568,465.01, down from ¥469,476,831.08, indicating a significant decrease of about 61.1%[35] - The company reported a cash outflow of ¥81,862,630.27 from investment activities, compared to ¥251,203,143.69 in the previous year, reflecting a decrease of approximately 67.5%[35] - The company's total equity amounted to ¥1,161,972,153.47, slightly down from ¥1,171,936,460.69, a decrease of approximately 0.8%[30] - The accounts payable decreased significantly from ¥101,494,818.03 to ¥50,987,564.92, a reduction of about 50.2%[30] - The company’s cash received from tax refunds was ¥12,040,307.22, an increase from ¥7,898,986.36 in the previous year, representing a growth of approximately 52.2%[35] - The net increase in cash and cash equivalents for the period was $85,842,998.09, compared to $219,925,466.11 in the previous period[36] - The company experienced a financial income of $4,209,702.90, up from $3,548,756.94, indicating better management of financial resources[38]
安联锐视(301042) - 2024 Q1 - 季度财报