创源股份(300703) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for the current period reached ¥324,650,944.67, an increase of 29.61% compared to ¥250,489,770.92 in the same period last year[4] - Net profit attributable to shareholders was ¥6,441,130.25, a significant recovery from a loss of ¥9,656,091.99 in the previous year[4] - The basic earnings per share improved to ¥0.0357, up 167.23% from a loss of ¥0.0531 per share in the same period last year[4] - The weighted average return on equity increased to 5.39%, up 6.66 percentage points from -1.27% in the previous year[4] - The net profit for the period was CNY 11,583,190.72, a significant recovery from a net loss of CNY 9,347,496.72 in the same period last year[46] - The operating profit reached CNY 13,192,763.88, compared to an operating loss of CNY 8,168,943.00 in the previous year[45] - The company achieved a profit attributable to the parent company of CNY 6,441,130.25, recovering from a loss of CNY 9,656,091.99 in the previous year[46] Cash Flow - The net cash flow from operating activities was -¥35,089,374.18, a decline of 1,003.66% compared to ¥3,883,011.86 in the same period last year[4] - The net cash flow from operating activities was -35,089,374.18, a decrease compared to 3,883,011.86 in the previous period[48] - Cash inflow from operating activities totaled 340,541,705.24, up from 256,264,459.70, indicating a growth of approximately 32.8%[48] - Cash outflow from operating activities increased to 375,631,079.42 from 252,381,447.84, reflecting a rise of about 48.8%[48] - The net cash flow from financing activities was -CNY 8,284,207.86, an improvement from -CNY 18,938,959.57 in the same period last year[34] - Cash inflow from financing activities was 54,357,035.76, compared to 11,394,528.44, showing an increase of approximately 376.5%[48] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,466,487,290.32, a decrease of 1.57% from ¥1,489,893,052.07 at the end of the previous year[4] - The total liabilities decreased to CNY 601,807,021.30 from CNY 633,943,642.95, indicating improved financial stability[44] - The total equity increased to CNY 864,680,269.02 from CNY 855,949,409.12, reflecting a positive trend in shareholder value[44] - The company's total equity attributable to shareholders increased slightly by 0.44% to ¥816,526,559.66 from ¥812,943,076.24 at the end of the previous year[4] Expenses - Sales expenses increased by 89.12% to CNY 48,256,258.03, attributed to higher advertising and business support costs related to cross-border e-commerce[36] - Financial expenses showed a significant decrease of 175.90%, resulting in -CNY 4,629,187.93, mainly due to fluctuations in the RMB to USD exchange rate[36] - Research and development expenses were CNY 13,478,582.61, slightly up from CNY 13,178,508.04, indicating continued investment in innovation[45] Inventory and Cash Equivalents - The cash and cash equivalents decreased to ¥338,956,592.58 from ¥421,122,389.02 at the beginning of the period[25] - The inventory increased to ¥221,426,657.10 from ¥181,825,532.56, indicating a growth in stock levels[25] - Inventory rose by 21.78% to 221,426,657.10 from 181,825,532.56, attributed to increased sales revenue[58] - The ending balance of cash and cash equivalents was CNY 332,838,374.41, compared to CNY 281,409,586.08 at the end of Q1 2023[34] Government Subsidies and Other Income - The company received government subsidies amounting to ¥919,219.73 during the reporting period, which positively impacted its financial performance[17] - Other income decreased by 70.33% to CNY 921,049.85, primarily due to a reduction in government subsidies received[36]