Financial Performance - The company's revenue for Q1 2024 was ¥24,741,109.48, a decrease of 50.65% compared to ¥50,134,214.35 in the same period last year[5] - Net profit attributable to shareholders was ¥3,517,308.66, down 80.20% from ¥17,763,133.33 year-on-year[5] - Basic and diluted earnings per share were both ¥0.05, representing an 85.71% decrease from ¥0.35 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 24,741,109.48, a decrease from CNY 50,134,214.35 in the previous period[18] - Net profit for Q1 2024 was CNY 3,517,308.66, compared to CNY 17,763,133.33 in the same period last year, representing a decline of approximately 80.2%[20] Cash Flow - The net cash flow from operating activities was -¥38,265,922.35, a decline of 32.61% compared to -¥28,854,960.20 in the previous year[5] - The company reported a net cash outflow from operating activities of CNY -38,265,922.35 for Q1 2024, compared to CNY -28,854,960.20 in the previous period[22] - Cash inflow from operating activities totaled CNY 6,794,606.27 for Q1 2024, compared to CNY 16,042,237.45 in the previous period[22] - The company reported a net decrease in cash and cash equivalents of -237,679,020.00 CNY, compared to -29,042,969.70 CNY in the previous year[24] - The ending balance of cash and cash equivalents was 154,738,522.44 CNY, compared to 58,666,128.09 CNY at the end of the previous year[24] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,326,419,818.54, a slight increase of 0.35% from ¥1,321,738,554.67 at the end of the previous year[5] - The total current assets at the end of the reporting period are ¥922,059,642.66, slightly down from ¥931,962,960.42 at the beginning of the period[16] - The total liabilities decreased from ¥173,583,296.45 to ¥160,407,122.95, a reduction of about 7.6%[16] - The total liabilities as of Q1 2024 were CNY 182,273,334.81, slightly up from CNY 181,109,379.60 in the previous period[20] - The company's total equity increased to CNY 1,144,146,483.73 from CNY 1,140,629,175.07 in the previous period[20] Investment and Expenses - The company reported a significant increase in investment income of 493.65%, reaching ¥1,727,503.09 compared to ¥290,997.61 in Q1 2023[11] - The company experienced a 38.06% reduction in operating costs, which amounted to ¥10,837,801.07 compared to ¥17,495,902.49 in the previous year[11] - Research and development expenses for Q1 2024 were CNY 4,802,525.93, down from CNY 6,797,469.75 in the previous period[18] - The company recorded investment income of CNY 1,727,503.09 for Q1 2024, an increase from CNY 290,997.61 in the previous period[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,897, with no preferred shareholders having restored voting rights[13] - The largest shareholder, Chen Yue, holds 46.25% of the shares, amounting to 31,450,000 shares[13] Inventory and Receivables - Inventory increased from ¥42,336,414.09 to ¥54,359,503.71, representing a growth of approximately 28.5%[15] - The accounts receivable rose from ¥309,286,226.60 to ¥328,251,852.95, an increase of about 6.4%[15] Financial Activities - The company has no long-term borrowings at the beginning of the period, but it has incurred ¥15,017,446.77 in long-term borrowings by the end of the reporting period[16] - The company received 15,000,000.00 CNY from borrowings during the quarter[24] - The company paid 2,891,478.31 CNY for debt repayment in the first quarter[24] Other Information - The company has no derivative financial assets or liabilities reported during the period[15] - The first quarter report was not audited[25]
北方长龙(301357) - 2024 Q1 - 季度财报