中富电路(300814) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥296,788,975.39, a decrease of 5.18% compared to ¥313,017,806.64 in the same period last year[4] - Net profit attributable to shareholders was ¥11,402,007.09, down 21.73% from ¥14,566,889.46 year-on-year[4] - The net profit excluding non-recurring gains and losses was ¥6,580,277.87, reflecting a significant decline of 53.72% from ¥14,217,255.50 in the previous year[4] - Net profit for Q1 2024 was ¥11,349,077.23, down from ¥14,566,889.46 in Q1 2023, representing a decline of about 22.5%[21] - Operating profit decreased to ¥11,302,059.29 from ¥16,018,020.62, a drop of approximately 29.5%[20] - Total comprehensive income for the period was ¥9,176,836.53, down from ¥13,498,902.07, a decrease of about 32.1%[21] Cash Flow and Assets - The net cash flow from operating activities decreased by 40.81% to ¥25,167,360.47, compared to ¥42,516,252.52 in the same period last year[4] - Cash flow from operating activities generated ¥25,167,360.47, down from ¥42,516,252.52, a decrease of about 40.9%[24] - Cash and cash equivalents at the end of the period were ¥153,106,943.73, down from ¥243,061,328.79, a decline of approximately 37.1%[25] - Cash and cash equivalents increased to CNY 221,124,418.99 from CNY 188,442,368.31, reflecting a growth of 17.3%[15] - Total assets at the end of the reporting period were ¥2,250,297,223.37, a slight decrease of 0.53% from ¥2,262,374,735.91 at the end of the previous year[4] - Total assets decreased to CNY 2,250,297,223.37 from CNY 2,262,374,735.91, a reduction of 0.5%[17] Liabilities and Shareholder Information - Total liabilities decreased to CNY 1,079,055,009.25 from CNY 1,100,309,358.32, a decline of 1.9%[17] - The number of ordinary shareholders at the end of the reporting period was 20,323, with the largest shareholder holding 31.00% of the shares[11] Expenses and Financial Metrics - The weighted average return on equity was 0.98%, down from 1.28% in the same period last year, a decrease of 0.30%[4] - Financial expenses increased by 224.40% to ¥3,861,074.45, primarily due to exchange rate fluctuations affecting foreign exchange gains and losses[10] - Research and development expenses were ¥14,748,686.95, slightly down from ¥15,589,291.37, a decrease of about 5.4%[20] - Basic earnings per share decreased to ¥0.06 from ¥0.08, a reduction of 25%[21] Government Support and Investments - The company received government subsidies amounting to ¥4,513,329.08, which significantly increased by 501.90% compared to ¥749,842.37 in the previous year[10] - Investment activities resulted in a net cash outflow of ¥7,364,552.90, compared to a net outflow of ¥16,528,908.75 in the previous year[24] Market Strategy - The company plans to focus on market expansion and new product development in the upcoming quarters[15] Inventory and Receivables - Accounts receivable decreased to CNY 289,015,429.05 from CNY 301,574,455.33, a decline of 4.1%[15] - Inventory increased to CNY 307,814,558.79 from CNY 298,190,465.45, showing a rise of 3.5%[15] - The company reported a 36.00% decrease in trading financial assets, totaling ¥163,233,272.60, mainly due to the redemption of structured deposits during the reporting period[8] Operating Costs - Total operating costs decreased to ¥286,482,816.09 from ¥299,155,607.77, a reduction of approximately 4.5%[20]