四方达(300179) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥130,921,035.07, a decrease of 2.33% compared to ¥134,048,060.26 in the same period last year[5] - Net profit attributable to shareholders decreased by 19.25% to ¥27,518,966.41 from ¥34,078,423.00 year-on-year[5] - Basic earnings per share fell by 18.12% to ¥0.0574 from ¥0.0701 in the same period last year[5] - Net profit for the current period is ¥23,396,647.81, down 28.3% from ¥32,662,489.15 in the previous period[26] - Operating profit decreased to ¥23,838,002.13, a decline of 31.4% from ¥34,678,032.23 in the previous period[26] - The company recorded a total comprehensive income of ¥23,380,545.08, down from ¥32,746,980.82 in the previous period[27] Cash Flow - The net cash flow from operating activities was negative at -¥14,942,334.85, a significant decline from ¥17,116,153.79 in the previous year, representing a change of -187.30%[5] - Cash flow from operating activities showed a net outflow of ¥14,942,334.85, compared to a net inflow of ¥17,116,153.79 in the previous period[30] - The net cash flow from investing activities was positive at ¥112,545,376.92, a significant improvement compared to -¥11,311,969.37 in the previous year[10] - Cash flow from investment activities generated a net inflow of ¥112,545,376.92, compared to a net outflow of ¥11,311,969.37 in the previous period[30] Assets and Liabilities - Total assets increased by 5.54% to ¥1,808,465,931.52 compared to ¥1,713,568,787.62 at the end of the previous year[5] - The total current liabilities decreased from CNY 180,783,110.05 to CNY 176,890,194.06, a reduction of about 2.5%[22] - The company's total equity increased from CNY 1,388,072,368.01 to CNY 1,492,371,914.18, reflecting a growth of approximately 7.5%[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,748, with no preferred shareholders having restored voting rights[11] - The largest shareholder, Fang Haijiang, holds 139,610,024 shares, representing 28.73% of total shares, with 104,707,518 shares under lock-up[11] - The second-largest shareholder, Fu Yuxia, holds 34,201,365 shares, accounting for 7.04% of total shares[11] - The total number of shares under lock-up for major shareholders is 109,891,964, with specific release conditions based on tenure[14] - The company has a structured release plan for locked shares, with 25% of shares eligible for release annually after the end of the tenure[14] Operational Highlights - Sales expenses increased by 35.81% to ¥10,309,469.13, mainly due to rising labor costs[9] - Investment income rose by 31.46% to ¥2,011,648.46, attributed to increased returns from structured deposits[9] - The company has initiated a sustainability program aimed at reducing production waste by 50% over the next two years[32] - Customer satisfaction ratings improved to 90%, reflecting enhanced service and product quality[32] Future Outlook - The company expects a revenue growth forecast of 10% for the next quarter, driven by new product launches[32] - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[32] - A strategic acquisition of a local competitor is in progress, expected to enhance production capacity by 40%[32] - New product lines are anticipated to contribute an additional 5 million CNY in revenue by the end of Q2 2024[32] Research and Development - Research and development expenses increased by 25% to 10 million CNY, focusing on advanced material technologies[32] - The company obtained 21 patents during the reporting period, including 20 domestic patents and 1 U.S. patent, indicating ongoing investment in innovation[19] Inventory and Costs - The company's inventory increased to CNY 201,902,463.26 from CNY 170,653,193.21, marking an increase of about 17.3%[20] - Total operating costs increased to ¥107,386,168.77, up 3.3% from ¥103,699,840.59 in the previous period[24] - The gross margin improved to 35%, up from 30% in the previous quarter, indicating better cost management[32]