Financial Performance - Revenue for the first quarter of 2024 was ¥33,073,047.98, a decrease of 58.20% year-over-year from ¥79,116,090.45[10] - Net profit attributable to shareholders for the first quarter of 2024 was a loss of ¥6,351,674.18, representing a decline of 206.33% compared to a profit of ¥5,973,578.24 in the same period last year[10] - The company reported a total of CNY 6.57 billion in deferred tax assets as of March 31, 2024, down from CNY 6.82 billion[32] - The net profit for Q1 2024 was a loss of CNY 6,406,787.70, contrasting with a profit of CNY 5,893,121.73 in Q1 2023[38] - Operating profit for Q1 2024 was reported at a loss of CNY 6,140,952.19, compared to a profit of CNY 2,935,679.64 in Q1 2023[38] - The company's revenue for Q1 2024 was ¥30,546,504.32, a decrease of 61.0% compared to ¥78,540,074.59 in Q1 2023[39] - The net loss for Q1 2024 was ¥6,348,167.49, compared to a net profit of ¥5,789,682.96 in Q1 2023, indicating a significant decline in profitability[40] - Basic earnings per share for Q1 2024 were -¥0.08, down from ¥0.07 in Q1 2023[40] Cash Flow and Liquidity - The net cash flow from operating activities was ¥30,264,503.49, an increase of 326.99% compared to a negative cash flow of ¥13,333,093.24 in the previous year[10] - Operating cash flow for Q1 2024 was ¥30,264,503.49, a recovery from a negative cash flow of -¥13,333,093.24 in Q1 2023[42] - The company generated operating cash inflows of ¥99,882,609.22 in Q1 2024, compared to ¥125,607,745.22 in Q1 2023[41] - Total cash and cash equivalents at the end of Q1 2024 were ¥126,100,886.99, up from ¥56,848,327.78 at the end of Q1 2023[42] - Net cash flow from operating activities was $31,001,692.63, a significant improvement compared to a net outflow of $13,182,772.60 in the previous period[44] - The ending balance of cash and cash equivalents reached $125,267,843.65, up from $54,204,618.02[44] Assets and Liabilities - Total assets as of March 31, 2024, reached ¥658,546,503.68, an increase of 2.33% compared to the end of 2023[10] - The company's total liabilities to assets ratio increased to 33.73% from 31.19% at the end of 2023[10] - Total liabilities rose to CNY 222.15 billion from CNY 200.73 billion, an increase of about 10.7%[33] - Current liabilities increased to CNY 151.49 billion from CNY 130.19 billion, reflecting a growth of approximately 16.3%[32] - Long-term borrowings remained stable at CNY 48.66 billion, with a slight increase from CNY 48.65 billion[32] - The company has a total of 122,999,050.17 in assets under restriction, accounting for 18.73% of total assets[27] - Fixed assets, including land, are mortgaged for long-term loans totaling 98,389,584.64, which is 14.94% of total assets[27] Shareholder Information - The total number of ordinary shareholders was 4,009 as of the end of the reporting period[17] - Major shareholders include Ni Jun with 19.31% and Ni Daihong with 13.10% of shares[18] - Total shares held by the top ten shareholders account for 74.53% of the company[19] - The company has no pledged or judicially frozen shares among major shareholders[20] Operational Efficiency - The company reported a significant decrease in operating costs, which fell by 57.49% to ¥27,021,766.42 due to reduced contract orders and lower raw material purchases[12] - Total operating costs for Q1 2024 were CNY 40,244,198.73, compared to CNY 77,824,146.14 in Q1 2023, indicating a significant reduction[37] - The company incurred research and development expenses of ¥2,657,075.39 in Q1 2024, an increase from ¥2,384,488.02 in Q1 2023[39] - The company experienced a credit impairment loss of CNY 1,486,960.22 in Q1 2024, compared to a CNY 686,693.14 in Q1 2023, indicating potential challenges in asset quality[38] Legal and Compliance - There is an ongoing lawsuit with a total claim amount of 97,500, which represents 0.02% of the company's net assets[23] - The company has not disclosed any new commitments during the reporting period[25] - The company has not undergone an audit for the financial report[30] Future Outlook - The company plans to focus on market expansion and new product development to drive future growth[39]
浩淼科技(831856) - 2024 Q1 - 季度财报