Etrol(SZ:300370)2024-04-18 12:52Financial Performance - The company's operating revenue for Q1 2024 was ¥42,517,423.52, a decrease of 21.36% compared to ¥54,063,735.48 in the same period last year[14] - The net loss attributable to shareholders for Q1 2024 was ¥17,881,640.59, an improvement of 73.38% from a loss of ¥67,173,948.38 in Q1 2023[14] - The basic earnings per share for Q1 2024 was -¥0.0114, showing a 73.24% improvement from -¥0.0426 in Q1 2023[14] - Net profit for the current period is -¥19,223,466.98, compared to -¥71,047,666.44 in the previous period, indicating an improvement[36] - The total comprehensive income attributable to the parent company was -17,887,704.97 yuan, compared to -67,147,196.25 yuan in the previous period, indicating a significant improvement[37] Cash Flow - The net cash flow from operating activities improved to -¥15,101,810.80, a 40.28% increase compared to -¥25,285,958.49 in the previous year[14] - Cash inflow from operating activities totaled 122,793,975.45 yuan, down 33.6% from 184,832,947.76 yuan in the previous period[37] - Cash outflow from operating activities was 137,895,786.25 yuan, a decrease of 34.4% compared to 210,118,906.25 yuan last year[37] - The net cash flow from investing activities was -7,164,222.25 yuan, compared to 5,884,538.67 yuan in the previous period, reflecting a shift to negative cash flow[38] - Cash inflow from financing activities was 58,184,673.19 yuan, an increase from 35,160,515.77 yuan year-over-year[38] - The net cash flow from financing activities was 31,960,134.96 yuan, a turnaround from -41,984,356.93 yuan in the previous period[38] - The ending cash and cash equivalents balance was 57,068,926.15 yuan, down from 123,317,946.04 yuan in the previous period[38] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,433,666,926.40, down 4.94% from ¥1,508,188,652.40 at the end of the previous year[14] - Current liabilities decreased to ¥360,586,432.83 from ¥419,446,195.58, a decline of about 14%[34] - Non-current liabilities increased slightly to ¥415,465,715.00 from ¥413,123,672.97, an increase of 0.6%[35] - The equity attributable to shareholders decreased by 2.71% to ¥597,792,019.80 from ¥614,454,198.69 at the end of the previous year[14] - The total equity attributable to shareholders decreased to ¥597,792,019.80 from ¥614,454,198.69, a decline of approximately 2.8%[35] Shareholder Information - Total number of common shareholders at the end of the reporting period is 32,619[19] - The largest shareholder, Yibin Xuzhou District Chuangyi Industrial Investment, holds 15.12% with 236,628,960 shares, which are pledged[19] - The second largest shareholder, Shenzhen High-tech Investment Group, holds 14.35% with 224,616,354 shares[19] - The company has a total of 4.15% shares held by Sichuan Development Securities Investment Fund Management[19] - The company plans to release restricted shares totaling 236,628,960 by December 20, 2025[32] - The company has not disclosed whether the major shareholders have any related party relationships[32] Operational Metrics - The company reported a significant increase in credit impairment losses, which rose by 1743.17% to ¥7,095,393.88 compared to -¥431,812.41 in the same period last year[16] - The company reported a credit impairment loss of ¥7,095,393.88, compared to a gain of -¥431,812.41 in the previous period[36] - Research and development expenses for the current period are ¥6,224,414.36, slightly up from ¥6,025,318.07 in the previous period[35] - Total operating costs for the current period are ¥68,734,870.97, down 24.8% from ¥91,326,830.16 in the previous period[35] Inventory and Receivables - Accounts receivable decreased to ¥181,530,806.04 from ¥259,621,388.70[22] - Inventory increased to ¥100,003,017.82 from ¥89,247,590.47[22] - Other receivables decreased to ¥12,870,009.35 from ¥23,024,512.63[22] - Cash and cash equivalents at the end of the period amount to ¥57,068,926.15, an increase from ¥47,374,708.23 at the beginning of the period[22]