Financial Performance - The company's operating revenue for Q1 2024 was ¥189,109,474.07, a decrease of 2.41% compared to ¥193,788,912.58 in the same period last year[5] - Net profit attributable to shareholders was ¥45,467,802.98, down 12.54% from ¥51,985,920.77 year-on-year[5] - Total operating revenue for Q1 2024 was CNY 189,109,474.07, a decrease of 2.3% from CNY 193,788,912.58 in Q1 2023[24] - Net profit for Q1 2024 was CNY 42,427,049.27, down 17.8% compared to CNY 51,674,794.42 in Q1 2023[25] - Total comprehensive income for the first quarter was CNY 42,485,162.00, a decrease from CNY 51,563,327.30 in the previous year[26] - Basic and diluted earnings per share were both CNY 0.11, down from CNY 0.12 in the same period last year[26] Cash Flow - The net cash flow from operating activities was -¥33,240,384.68, a significant decline of 176.00% compared to ¥43,734,808.96 in the previous year[12] - Cash flow from operating activities showed a net outflow of CNY -33,240,384.68, compared to a net inflow of CNY 43,734,808.96 in the previous year[29] - Cash inflow from operating activities totaled CNY 136,954,879.04, down from CNY 187,555,195.15 in the previous year[29] - Cash outflow from operating activities was CNY 170,195,263.72, an increase from CNY 143,820,386.19 in the previous year[29] - Cash flow from investing activities resulted in a net outflow of CNY -32,973,274.36, compared to CNY -296,882,888.97 in the previous year[30] - Cash flow from financing activities generated a net inflow of CNY 33,498,725.43, compared to a net outflow of CNY -516,082.76 in the previous year[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,290,178,532.17, reflecting a 2.74% increase from ¥2,229,112,184.59 at the end of the previous year[5] - Total assets increased to CNY 2,290,178,532.17, compared to CNY 2,229,112,184.59 at the end of Q1 2023[23] - Total liabilities rose to CNY 418,198,298.29, an increase from CNY 399,717,112.70 in the previous year[23] - The company reported cash and cash equivalents of ¥422,924,160.94 at the end of the period, down from ¥455,643,438.49 at the beginning[20] - The ending balance of cash and cash equivalents was CNY 422,874,160.94, down from CNY 553,069,978.27 at the end of the previous year[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,294[14] - Major shareholder Zheng Hanjie holds 20.77% of shares, totaling 88,378,020 shares, with 18,980,000 shares pledged[14] - Major shareholder Sun Weiwen holds 15.56% of shares, totaling 66,216,870 shares, with 18,980,000 shares pledged[14] - The company has a total of 157,887,172 shares subject to lock-up agreements, with various release dates in 2025[18] Expenses - Financial expenses rose by 177.96% to ¥1,591,264.13, mainly due to increased interest expenses on bank loans[9] - Total operating costs increased to CNY 136,778,024.33, up 3.1% from CNY 132,087,982.65 in the previous year[24] - Research and development expenses rose to CNY 16,746,979.14, an increase of 5.3% from CNY 15,898,325.39 in the same period last year[25] - The company reported a decrease in sales expenses to CNY 28,520,395.93, down 10.5% from CNY 31,937,508.38 in Q1 2023[25] Other Financial Metrics - The weighted average return on equity decreased to 2.51% from 2.77% year-on-year[5] - The company experienced a 90.04% increase in current liabilities due to the reclassification of long-term borrowings to current liabilities[8] - The company recorded a 136.82% increase in other income, totaling ¥3,187,975.96, attributed to increased government subsidies[9] - The company’s trading financial assets increased slightly to ¥252,875,852.43 from ¥251,803,447.94[20] - The company’s prepayments increased to ¥25,943,792.35 from ¥17,691,382.39[20] Developments and Outlook - The company has no new product or technology developments reported in the current quarter[19] - There are no significant mergers or acquisitions reported in the current quarter[19] - Future outlook includes continued investment in R&D and potential market expansion strategies, although specific figures were not disclosed[24]
泰恩康(301263) - 2024 Q1 - 季度财报