华研精机(301138) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥116,125,287.10, representing a 9.74% increase compared to ¥105,819,984.87 in the same period last year[5] - Net profit attributable to shareholders decreased by 25.97% to ¥13,791,811.37 from ¥18,630,988.96 year-on-year[5] - Basic and diluted earnings per share decreased by 26.01% to ¥0.1149 from ¥0.1553 in the same period last year[5] - Net profit for Q1 2024 decreased to CNY 14,057,033.32, down 27.5% from CNY 19,286,112.90 in Q1 2023[21] - Total comprehensive income for Q1 2024 was CNY 13,806,780.04, compared to CNY 18,999,165.36 in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities fell by 64.86% to ¥3,265,535.12, down from ¥9,292,955.01 in the previous year[5] - Cash flow from operating activities generated a net cash inflow of CNY 3,265,535.12, a decrease from CNY 9,292,955.01 in the previous year[24] - Cash and cash equivalents decreased to CNY 352,237,710.42 from CNY 488,772,216.52, representing a decline of about 28%[16] - Cash and cash equivalents at the end of Q1 2024 were CNY 352,237,710.42, down from CNY 697,708,977.93 at the end of Q1 2023[25] Assets and Liabilities - Total assets increased by 3.34% to ¥1,495,186,381.73 compared to ¥1,446,882,762.55 at the end of the previous year[5] - The company's current assets totaled CNY 1,125,768,265.73, up from CNY 1,087,896,435.18 at the start of the quarter, reflecting a growth of approximately 3.5%[16] - Total liabilities increased to CNY 397,217,595.61 from CNY 362,546,563.95, reflecting a growth of approximately 9.5%[17] - The total current liabilities amounted to CNY 378,856,825.43, compared to CNY 343,014,693.42 at the beginning of the quarter, representing an increase of approximately 10.4%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,918[13] - The top two shareholders, Wenshixu and Baohelin, each hold 28.58% of the shares, totaling 34,293,240 shares[13] Research and Development - Research and development expenses rose by 39.63% to ¥6,740,637.59 from ¥4,827,375.48 year-on-year[9] - Research and development expenses increased to CNY 6,740,637.59, a rise of 39.6% compared to CNY 4,827,375.48 in the same period last year[20] Operating Costs and Expenses - Total operating costs rose to CNY 97,307,115.16, up 15.9% from CNY 83,862,302.50 in the previous year[20] - The company reported a significant increase in sales expenses, which rose to CNY 12,257,917.79 from CNY 11,506,933.41 in the previous year[20] - The company experienced a decrease in investment income, which fell to CNY 705,588.61 from CNY 1,698,904.08 in Q1 2023[20] Other Financial Metrics - The company experienced a 1907.54% increase in financial expenses, primarily due to interest received from matured time deposits[10] - The company reported a decrease in employee compensation payable from CNY 26,721,969.92 to CNY 10,051,110.22, a reduction of about 62.5%[17] - The non-current assets totaled CNY 369,418,116.00, slightly up from CNY 358,986,327.37, indicating a growth of about 2.4%[16] Audit and Accounting Standards - The first quarter report has not been audited[26] - The new accounting standards will be implemented starting in 2024[26]