Financial Performance - The company's revenue for Q1 2024 was CNY 114,021,195.92, a slight increase of 0.34% compared to CNY 113,636,300.13 in the same period last year[5] - Net profit attributable to shareholders decreased by 69.13% to CNY 4,044,476.11 from CNY 13,100,179.28 year-on-year[5] - The net profit after deducting non-recurring gains and losses fell by 86.43% to CNY 1,637,232.39 compared to CNY 12,065,738.55 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 114,021,195.92, a slight increase of 0.34% compared to CNY 113,636,300.13 in the previous year[20] - Net profit for Q1 2024 was CNY 4,044,476.11, a decrease of 69.0% compared to CNY 13,100,179.28 in Q1 2023[21] - The total comprehensive income attributable to the parent company for Q1 2024 is CNY 4,016,394.07, a decrease from CNY 13,100,179.28 in the same period last year, representing a decline of approximately 69.4%[22] Cash Flow - The net cash flow from operating activities was negative at CNY -10,754,964.13, a decline of 114.86% from CNY 72,364,824.44 in the same period last year[5] - Cash inflow from operating activities for Q1 2024 is CNY 109,806,888.47, compared to CNY 120,372,480.46 in Q1 2023, reflecting a decline of approximately 8.7%[23] - The net cash flow from operating activities for Q1 2024 is negative CNY 10,754,964.13, a significant drop from positive CNY 72,364,824.44 in the previous year[23] - Cash outflow from investing activities in Q1 2024 is CNY 48,579,812.64, compared to CNY 65,300.00 in Q1 2023, indicating a substantial increase in investment spending[24] - The net cash flow from investing activities for Q1 2024 is negative CNY 48,579,812.64, contrasting with a positive CNY 5,608.84 in the same period last year[24] - The net cash flow from financing activities for Q1 2024 is negative CNY 31,658.00, a decrease from positive CNY 794,414,095.45 in Q1 2023, indicating a significant reduction in financing activities[24] - The cash and cash equivalents at the end of Q1 2024 amount to CNY 782,302,478.13, down from CNY 936,112,288.71 at the end of Q1 2023, representing a decrease of approximately 16.4%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,430,700,745.66, down 1.68% from CNY 1,455,103,714.73 at the end of the previous year[5] - Current assets totaled CNY 1,153,776,344.04, down from CNY 1,231,495,451.85 at the start of the year[18] - The company reported a decrease in cash and cash equivalents to CNY 788,071,463.40 from CNY 850,727,385.74[18] - The total liabilities decreased to CNY 158,576,488.82 from CNY 187,048,478.29[19] - The company’s inventory decreased to CNY 121,938,051.31 from CNY 143,742,135.18[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,416[10] - The top three shareholders, Wu Zhongping, Wu Shuangping, and Wu Weiping, hold 33.30%, 16.03%, and 14.79% of shares respectively, totaling 64.12%[10] - The total number of shares held by the top 10 shareholders is 67,172,824, which represents a significant portion of the company's equity[16] - The company has a total of 67,172,824 restricted shares, with no changes in the number of restricted shares during the reporting period[16] - The largest shareholder, Wu Zhongping, holds 29,500,000 shares, which are subject to a lock-up agreement until October 3, 2026[15] - The company has no preferred shareholders as indicated in the report[14] - The top 10 unrestricted shareholders include individuals with holdings ranging from 85,500 to 162,500 shares[10] - The company has not reported any changes in the number of shares lent out through margin trading during the reporting period[12] - The total number of shares lent out by the China Construction Bank's index fund was 23,500, which is 0.03% of the total share capital[12] - The company has a commitment to maintain the lock-up period for major shareholders until specified dates in 2024 and 2026[15] Expenses - The company experienced a 76.22% increase in management expenses, reaching CNY 3,714,740.90, attributed to higher hospitality, depreciation, and management personnel salaries[8] - Research and development expenses for Q1 2024 were CNY 3,676,873.53, compared to CNY 3,390,241.53 in the previous year[21] - The company's financial expenses showed a significant improvement, with a net financial income of CNY 6,279,155.10 compared to a financial expense of CNY 1,043,791.91 in the previous year[20] Government Support - Government subsidies recognized in the current period amounted to CNY 2,834,555.40, contributing to the overall financial performance[7] Audit Status - The company has not undergone an audit for the Q1 2024 report[25]
中科磁业(301141) - 2024 Q1 - 季度财报