旋极信息(300324) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥467,425,586.58, a decrease of 16.43% compared to ¥559,337,181.74 in the same period last year[5] - The net loss attributable to shareholders was ¥47,974,091.61, representing a 9.45% increase from a loss of ¥43,832,332.83 in the previous year[5] - The net profit for Q1 2024 was -54,279,035.91 CNY, compared to -38,895,266.84 CNY in Q1 2023, representing an increase in net loss of approximately 39.4% year-over-year[37] - Operating profit for Q1 2024 was -53,863,837.37 CNY, compared to -36,019,604.40 CNY in the same period last year, indicating a decline of about 49.5%[37] - The company reported a total comprehensive loss of -54,259,260.08 CNY for Q1 2024, compared to -39,751,755.30 CNY in Q1 2023, marking an increase in loss of about 36.5%[38] Cash Flow - The net cash flow from operating activities was -¥212,841,744.03, a decline of 81.38% compared to -¥117,347,469.30 in Q1 2023[12] - Cash flow from operating activities showed a net outflow of -212,841,744.03 CNY, worsening from -117,347,469.30 CNY in the previous year[42] - The total cash outflow from investing activities was -34,917,807.39 CNY, compared to -78,823,480.95 CNY in Q1 2023, showing an improvement in cash flow management[42] - The company reported a cash inflow from financing activities of 8,200,000.00 CNY in Q1 2024, down from 50,142,156.64 CNY in Q1 2023, indicating a decrease in financing activities[43] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥5,552,141,650.36, down 5.47% from ¥5,873,294,567.14 at the end of the previous year[5] - Total liabilities decreased to CNY 2,269,442,385.75 from CNY 2,536,536,042.45[32] - The company’s total equity was CNY 3,282,699,264.61, down from CNY 3,336,758,524.69[33] - Cash and cash equivalents decreased to CNY 1,023,247,725.48 from CNY 1,368,278,404.56 at the beginning of the period[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 70,183[14] - As of the end of the reporting period, the total shares held by Mr. Chen Jiangtao is 112,920,677, accounting for 6.54% of the total share capital, with 83,180,000 shares pledged, representing 73.66% of his holdings[18] Investments and Acquisitions - The company has completed the acquisition of a 10% stake in Zhejiang Qusu Technology Co., Ltd. for a total transaction amount of RMB 30 million, which includes RMB 20 million for the purchase of shares and RMB 10 million for capital increase[20] - The company has established Beijing Xuanji Shuzhi Technology Co., Ltd. with an investment of RMB 10 million, which has completed the registration process as of March 21, 2024[23] - Investment income decreased by 131.33%, resulting in a loss of ¥10,516,128.17 compared to a loss of ¥4,545,904.67 in the previous year[11] Legal Matters - The company won a patent infringement lawsuit against Shenzhen Langke Technology Co., Ltd., with the Supreme People's Court upholding the original ruling in favor of the company[25] - The company has initiated a lawsuit against Shenzhen Jingsheng New Materials Co., Ltd. and Guangwei Technology Group Co., Ltd. regarding a property transfer dispute[27] Inventory and Receivables - The company reported a significant increase in prepayments, which rose by 269.68% to ¥155,774,483.36 due to increased inventory needs[9] - Accounts receivable decreased to CNY 1,177,499,419.12 from CNY 1,292,149,910.56[28] - Inventory increased to CNY 294,806,238.12 from CNY 261,195,282.04[30] Operating Costs - Total operating costs for Q1 2024 were CNY 514,237,512.30, down from CNY 587,353,419.17 year-over-year[35] - Operating costs included CNY 369,220,901.82 in cost of goods sold, reduced from CNY 416,430,511.95[36]