SLPT(SH:603178)2024-04-22 12:34Financial Performance - The company's operating revenue for Q1 2024 was CNY 370,769,500.02, representing a year-on-year increase of 15.20%[5] - The net profit attributable to shareholders of the listed company was CNY 848,719.50, a decrease of 85.46% compared to the same period last year[5] - The basic and diluted earnings per share were both CNY 0.00, reflecting an 85.43% decrease due to the significant drop in net profit[6] - The net profit for Q1 2024 was CNY 848,719.50, compared to CNY 5,838,306.16 in Q1 2023, indicating a significant decrease[20] - Total comprehensive income attributable to the parent company was CNY 686,960.13, down from CNY 5,690,109.85 in the previous year[21] - The total operating profit for Q1 2024 was CNY 852,962.12, down from CNY 5,243,323.59 in the previous year[20] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 4,135,828.47, attributed to an increase in customer payments[6] - Cash flow from operating activities generated a net inflow of CNY 4,135,828.47, a recovery from a net outflow of CNY 15,642,570.61 in Q1 2023[23] - Cash received from sales of goods and services was CNY 396,627,569.76, an increase from CNY 337,265,754.19 in the same period last year[22] - Cash and cash equivalents rose to ¥224,804,378.44 as of March 31, 2024, compared to ¥149,172,594.90 at the end of 2023, an increase of 50.6%[13] - Cash and cash equivalents at the end of Q1 2024 totaled CNY 196,854,302.48, up from CNY 112,089,859.15 at the end of Q1 2023[24] - The company reported a net cash outflow from investing activities of CNY 50,129,739.35, an improvement from CNY 123,224,311.90 in Q1 2023[23] - The company raised CNY 190,000,000.00 through borrowings in Q1 2024, compared to CNY 135,132,872.10 in Q1 2023[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,273,745,628.87, an increase of 5.82% from the end of the previous year[6] - Total assets increased to ¥2,273,745,628.87 from ¥2,148,773,110.26, reflecting a growth of 5.8%[14] - Current liabilities totaled ¥839,687,291.21, up from ¥762,698,253.68, indicating an increase of 10.1%[14] - Long-term borrowings rose to ¥76,070,264.38 from ¥26,032,764.38, a significant increase of 192.5%[15] - The company’s total equity reached ¥1,285,142,036.09, slightly up from ¥1,284,455,075.96, indicating a marginal growth of 0.1%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,337[10] - The largest shareholder, Ningbo Shenglong (Group) Co., Ltd., holds 54.45% of the shares[10] Research and Development - The company is investing heavily in new product development, which has led to a significant increase in R&D expenses[8] - Research and development expenses increased significantly to ¥26,477,813.95, compared to ¥17,809,019.29 in the same period last year, marking a growth of 48.6%[19] Other Comprehensive Income - The company experienced a decrease in other comprehensive income, with a net loss of CNY 161,759.37 compared to a loss of CNY 148,196.31 in Q1 2023[20] - Non-recurring gains and losses totaled CNY 4,181,209.32, primarily due to government subsidies and other income[7]