博亚精工(300971) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥75,874,565, a decrease of 9.37% compared to ¥83,717,542 in the same period last year[11]. - Net profit attributable to shareholders was ¥13,823,043, down 12.48% from ¥15,794,334 in the previous year[11]. - The net profit after deducting non-recurring gains and losses was ¥10,931,178, reflecting a decline of 13.55% from ¥12,645,011 in the same period last year[11]. - Basic and diluted earnings per share were both ¥0.16, down 15.79% from ¥0.19 in the same period last year[11]. - Total operating revenue for the current period is $75.87 million, down from $83.72 million in the previous period, representing a decrease of approximately 9.5%[24]. - Net profit for the current period is $13.42 million, compared to $15.73 million in the previous period, reflecting a decline of approximately 14.6%[26]. - Basic earnings per share decreased to $0.16 from $0.19, a drop of about 15.8%[26]. - The total profit before tax decreased to $15.34 million from $17.37 million, a decline of about 11.8%[24]. Cash Flow - The net cash flow from operating activities was negative at ¥1,993,581, a significant decrease of 271.28% compared to a positive cash flow of ¥1,163,958 in the previous year[11]. - Cash flow from operating activities showed a net outflow of $1.99 million, contrasting with a net inflow of $1.16 million in the previous period[29]. - Net cash flow from operating activities decreased by 271.28% to -¥1,993,581.43 in Q1 2024 from ¥1,163,957.89 in Q1 2023, mainly due to a significant increase in bills received for goods sold and services provided[36]. - Net cash flow from investing activities increased by 235.71% to ¥45,424,062.74 in Q1 2024 from -¥33,472,575.13 in Q1 2023, primarily due to cash management redemptions and capital reductions from subsidiaries[36]. - Net cash flow from financing activities decreased by 95.55% to -¥235,083.33 in Q1 2024 from -¥5,281,583.69 in Q1 2023, mainly due to debt repayment of ¥5 million in the previous year[36]. - The net cash flow from financing activities was -$235,083.33, a decrease of 5,281,583.69 compared to the previous period[49]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,292,525,229, a slight increase of 0.05% from ¥1,291,921,316 at the end of the previous year[11]. - Total liabilities decreased to ¥286,284,528.55 as of March 31, 2024, from ¥299,806,632.74 at the beginning of the year[48]. - Total equity increased to ¥1,006,240,700.49 as of March 31, 2024, compared to ¥992,114,683.23 at the beginning of the year[48]. - The company's contract liabilities increased by 13.67% to ¥30,346,116.69 as of March 31, 2024, from ¥26,666,397.84[48]. Cash Management - Cash and cash equivalents increased to ¥390,244,388 from ¥311,844,849, showing a growth of 25.06%[16]. - The company's cash management strategy led to a complete redemption of trading financial assets, resulting in a 100% decrease from ¥40,040,833.34[43]. - The cash and cash equivalents increased by $43,195,404.14, contrasting with a decrease of 37,590,247.40 in the prior period[49]. - The ending balance of cash and cash equivalents was $337,967,020.55, down from $421,614,441.63 in the previous period[49]. - The initial balance of cash and cash equivalents was $294,771,616.41, compared to $459,204,689.03 previously[49]. - The impact of exchange rate changes on cash and cash equivalents was $6.16, compared to -$46.47 in the previous period[49]. Expenses - Total operating costs decreased to $67.21 million from $72.86 million, a reduction of about 7.9%[24]. - The company reported a decrease in sales expenses to $6.27 million from $4.80 million, an increase of approximately 30.5%[24]. - Research and development expenses decreased to $7.55 million from $8.88 million, a reduction of about 15%[24]. - The company recorded other income of $7.36 million, an increase from $6.26 million, representing a growth of approximately 17.6%[24]. - Sales expenses increased by 30.52% to ¥6,271,044.57 in Q1 2024 compared to ¥4,804,677.35 in Q1 2023, primarily due to increased compensation for sales personnel[36]. Other Information - Non-current asset disposal gains amounted to ¥26,437.51 in Q1 2024[41]. - Government subsidies recognized in the current period totaled ¥3,094,821.13, impacting the company's financial performance positively[41]. - The first quarter report was not audited[49].