Financial Performance - Revenue for Q1 2024 was CNY 80,736,025.81, a decrease of 2.06% compared to CNY 82,429,982.60 in the same period last year[5] - Net profit attributable to shareholders was CNY 14,141,918.24, down 4.07% from CNY 14,741,458.04 year-on-year[5] - Total operating revenue for Q1 2024 was CNY 80,736,025.81, a decrease of 2.1% from CNY 82,429,982.60 in the previous year[23] - Net profit for Q1 2024 was CNY 14,141,918.24, a decrease of 4.1% compared to CNY 14,741,458.04 in the same period last year[24] - Total operating costs for Q1 2024 were CNY 65,263,760.10, down 1.9% from CNY 66,530,132.10 in the previous year[23] Cash Flow - Net cash flow from operating activities decreased by 35.47% to CNY 13,752,100.28, compared to CNY 21,310,526.85 in Q1 2023[12] - Total cash inflow from operating activities is CNY 94,316,852.97, up 8.5% from CNY 87,006,691.48 in the previous period[28] - Cash outflow from operating activities increased to CNY 80,564,752.69, representing a rise of 22.6% compared to CNY 65,696,164.63 in the previous period[28] - Cash flow from investment activities shows a net outflow of CNY 6,055,735.00, an improvement from a net outflow of CNY 28,924,905.98 in the previous period[28] - Cash flow from financing activities resulted in a net outflow of CNY 15,540,719.66, compared to a net outflow of CNY 19,637,649.82 in the previous period, indicating a reduction in cash outflow[28] - The ending balance of cash and cash equivalents is CNY 73,235,383.15, an increase from CNY 53,819,399.63 in the previous period[28] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 689,015,586.62, a decrease of 1.30% from CNY 698,063,027.79 at the end of the previous year[5] - Total liabilities decreased to CNY 118,752,928.61 from CNY 126,942,717.53, a reduction of 6.4%[21] - The company's total assets decreased to CNY 689,015,586.62 from CNY 698,063,027.79, reflecting a decline of 1.2%[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,463[14] - The largest shareholder, Guangzhou Feixue Group Co., Ltd., holds 43.67% of the shares, with 9,500,000 shares pledged[14] - The total number of restricted shares remains at 165,088,617, with no new restrictions added during the period[17] - The company has a significant number of shares held by major shareholders, including 100,934,135 shares held by Feixue Group, which are subject to lock-up until September 13, 2024[17] - The total number of shares held by the top 10 unrestricted shareholders includes 8,250,841 shares held by Guangdong Yueke Gejin Advanced Manufacturing Investment Partnership[16] Research and Development - Research and development expenses increased by 36.11% to CNY 4,835,839.82, up from CNY 3,552,856.85 in the previous year[10] - Research and development expenses increased to CNY 4,835,839.82, up 36% from CNY 3,552,856.85 in the previous year[24] Tax and Expenses - The company reported a tax expense of CNY 2,217,423.32, slightly down from CNY 2,259,721.63 in the previous year[24] - Tax payments increased to CNY 8,892,196.97 from CNY 5,949,712.33, reflecting a rise of 49.1%[28] - The company paid CNY 12,645,682.54 in employee compensation, slightly down from CNY 13,167,941.77 in the previous period[28] Other Information - The company has not reported any new strategies or significant market expansions during the quarter[18] - The company’s financial report indicates no changes in the status of preferred shareholders or any new preferred shareholders[16] - There were no significant changes in the financing and securities lending activities of the top shareholders during the reporting period[18]
金三江(301059) - 2024 Q1 - 季度财报