全信股份(300447) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥277,414,914.16, a decrease of 13.80% compared to ¥321,810,416.66 in the same period last year[5] - Net profit attributable to shareholders was ¥32,770,689.04, down 48.36% from ¥63,458,276.06 year-on-year[5] - Basic earnings per share decreased to ¥0.1050, down 48.63% from ¥0.2044 in the previous year[5] - Operating profit for Q1 2024 was CNY 35,914,833.20, a decline of 49.67% compared to CNY 71,436,915.32 in Q1 2023[20] - Net profit for Q1 2024 was CNY 32,770,689.04, down 48.34% from CNY 63,458,276.06 in the same period last year[21] Cash Flow - The net cash flow from operating activities was -¥58,873,936.19, representing a decline of 408.81% compared to -¥11,570,802.83 in Q1 2023[5] - Cash flow from operating activities was CNY 176,067,667.96, down from CNY 214,988,021.01 in the previous year[23] - Total cash inflow from operating activities was 177,161,659.75, while total cash outflow was 236,035,595.94, resulting in a net cash outflow of -58,873,936.19[24] - The net cash flow from financing activities was -701,224.61, a decrease from -20,913,943.30 in Q1 2023, reflecting reduced financing activities[24] - The company reported a significant increase in cash payments for purchasing goods and services, rising from 103,110,622.26 to 150,645,493.44, reflecting higher operational costs[24] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,747,616,739.15, a decrease of 1.28% from ¥2,783,380,864.23 at the end of the previous year[5] - Total liabilities decreased to CNY 694,086,825.78 from CNY 763,931,513.89, a decline of 9.12%[19] - The company has a total of 2,207,583,667.64 RMB in current assets at the end of the reporting period[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,720[11] - The largest shareholder, Chen Xianglou, holds 47.32% of the shares, totaling 147,788,400 shares[11] - The total number of restricted shares held by Chen Xianglou is 110,841,300, which are subject to a lock-up period[15] Other Financial Metrics - The company reported a significant increase in prepayments by 38.28%, rising to ¥33,776,008.74 from ¥24,426,311.96[8] - The company experienced a 198.48% increase in taxes payable, reaching ¥8,288,032.56 compared to ¥2,776,731.79 at the end of the previous year[8] - Other income increased by 59.25% to ¥2,600,341.13, up from ¥1,632,836.14 in Q1 2023[8] - The company reported a 118.97% increase in investment income, amounting to ¥89,293.20 compared to a loss of ¥470,796.23 in the previous year[8] - The company’s financial expenses decreased significantly by 407.42%, resulting in -¥1,394,466.73 compared to ¥453,599.34 in Q1 2023[8] Investments and Mergers - The company approved a merger with its wholly-owned subsidiary, Shanghai Saizhi, to optimize management structure and improve operational efficiency[15] - The company’s long-term investments increased slightly from 22,999,953.71 RMB to 23,089,246.91 RMB[17] Inventory and Receivables - Accounts receivable increased from 822,030,815.42 RMB to 968,560,628.57 RMB, representing a growth of about 17.8%[17] - Inventory decreased from 718,527,261.30 RMB to 698,079,538.00 RMB, a reduction of approximately 2.9%[17] Share Repurchase Plan - The company plans to repurchase shares with a total amount not less than 30 million RMB and not exceeding 60 million RMB, at a price not exceeding 14 RMB per share[14] Research and Development - Research and development expenses increased to CNY 22,390,996.74, up from CNY 21,432,920.24, indicating a growth of 4.47%[20] Accounting Standards - The company did not execute any new accounting standards for the first quarter of 2024, and the report was not audited[25]