Financial Performance - Operating revenue for Q1 2024 was CNY 49,248,485.72, down 8.95% year-on-year[9] - Net profit attributable to shareholders for Q1 2024 was CNY 6,826,518.11, a decline of 9.77% compared to the same period last year[9] - Basic earnings per share for Q1 2024 were CNY 0.09, a decrease of 10.00% from CNY 0.10 in Q1 2023[9] - The weighted average return on equity based on net profit attributable to shareholders was 1.26% for Q1 2024, down from 1.46% in the previous year[9] - Total operating revenue for Q1 2024 was 49,248,485.72, a decrease from 54,088,077.49 in Q1 2023, representing a decline of approximately 9.4%[37] - Net profit for Q1 2024 was 6,826,518.11, compared to 7,566,061.91 in Q1 2023, reflecting a decrease of approximately 9.8%[39] - Operating profit for Q1 2024 was ¥4,086,214.99, a decrease of 10.9% from ¥4,585,244.15 in Q1 2023[42] - The company’s total comprehensive income for Q1 2024 was ¥3,574,791.04, compared to ¥4,064,745.44 in Q1 2023[43] Assets and Liabilities - Total assets as of March 31, 2024, were CNY 641,898,050.25, a decrease of 0.40% compared to the end of the previous year[9] - The company's total liabilities to assets ratio was 15.10% at the end of Q1 2024, down from 16.56% at the end of the previous year[9] - Total liabilities decreased to ¥96,932,589.38 from ¥106,713,388.11, a reduction of about 9.3%[32] - Shareholders' equity increased to ¥544,965,460.87 from ¥537,756,193.43, indicating a growth of approximately 1.5%[32] - Total assets amounted to ¥641,898,050.25, a decrease from ¥644,469,581.54 as of December 31, 2023, reflecting a decline of approximately 0.09%[30] - Current assets totaled ¥418,693,470.63, slightly down from ¥419,902,945.70, indicating a decrease of about 0.29%[30] - Total liabilities decreased to 26,625,349.54 from 28,838,468.05, a reduction of approximately 7.6%[36] - Owner's equity increased to 445,808,492.24 from 442,024,227.02, showing a growth of about 0.6%[36] Cash Flow - Net cash flow from operating activities decreased by 122.18% to -CNY 1,507,963.48 due to delayed receipt of funds[10] - Cash flow from operating activities for Q1 2024 was negative at -¥1,507,963.48, compared to positive ¥6,799,160.33 in Q1 2023[44] - The company reported a net cash outflow from investing activities of -¥3,303,477.58 in Q1 2024, compared to -¥1,745,384.50 in Q1 2023[45] - Cash inflow from financing activities was $1,216,268.46, primarily from other financing-related cash receipts[47] - Net cash flow from financing activities was $1,216,268.46, reflecting a stable financing position[47] - The net increase in cash and cash equivalents for the period was $4,793,418.42[47] - Overall, the company maintained a strong liquidity position with a total cash and cash equivalents balance of $276,819,819.42 at the end of the period[47] Expenses - Total operating costs for Q1 2024 were 40,616,739.48, down from 44,125,640.03 in Q1 2023, indicating a reduction of about 8.5%[37] - Research and development expenses for Q1 2024 were 2,321,387.80, compared to 2,560,035.48 in Q1 2023, indicating a decrease of approximately 9.3%[37] - Research and development expenses for Q1 2024 were ¥885,079.91, a decrease of 15% from ¥1,041,935.46 in Q1 2023[42] - Sales expenses for Q1 2024 were ¥415,468.25, down 33.7% from ¥627,006.48 in Q1 2023[42] Shareholder Information - The total number of shareholders was 4,786 at the end of the reporting period[15] - The company did not report any significant legal disputes or external guarantees during the reporting period[22]
浙江大农(831855) - 2024 Q1 - 季度财报