Financial Performance - The company's revenue for Q1 2024 was ¥95,070,067.74, a decrease of 26.92% compared to ¥130,085,460.27 in the same period last year[5] - Net profit attributable to shareholders was ¥6,455,387.64, down 59.65% from ¥15,998,093.80 year-on-year[5] - Basic earnings per share decreased by 59.09% to ¥0.09 from ¥0.22 in the previous year[5] - The company reported a profit margin decrease, with total profit for Q1 2024 at ¥6,976,950.96, down 61.35% from ¥18,051,593.64 in the same period last year[8] - Net profit for Q1 2024 was CNY 5,994,164.48, a decline of 62.5% from CNY 15,996,221.87 in Q1 2023[19] Cash Flow and Investments - The net cash flow from operating activities increased by 239.37% to ¥18,772,769.02, compared to ¥5,531,641.17 in Q1 2023[5] - The cash flow statement for Q1 2024 is available but not detailed in the provided content[20] - Total cash inflow from investment activities is $161,006,419.75, compared to $191,254,678.08 in the prior period, indicating a decrease in investment returns[21] - The net cash flow from investment activities is $79,272,056.96, a substantial recovery from a negative cash flow of -$93,362,101.94 in the previous period[21] - Cash inflow from financing activities is $82,200,000.00, while cash outflow for financing activities totals $95,680,342.40, resulting in a net cash flow of -$13,480,342.40[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,194,697,209.95, a slight increase of 0.08% from ¥1,193,700,929.27 at the end of the previous year[5] - Total liabilities increased to CNY 276,574,727.69, compared to CNY 270,104,019.27 in the previous year[17] - The company’s total liabilities and equity structure remains stable, with no significant changes reported in the shareholder structure[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,108, with no preferred shareholders having restored voting rights[10] - The top three shareholders hold significant stakes: Hu Xinrui at 39.19% (28,766,400 shares), Hu Yunping at 16.13% (11,840,000 shares), and Ding Deping at 13.62% (10,000,000 shares)[10] - The company has repurchased a total of 506,700 shares, accounting for 0.6903% of the total share capital, with a total transaction amount of approximately RMB 11.997 million[13] - The company plans to repurchase shares with a total amount not less than RMB 20 million and not exceeding RMB 40 million, at a price not exceeding RMB 30 per share[12] Research and Development - Research and development expenses rose by 70.95% to ¥10,614,460.30, compared to ¥6,209,066.27 in Q1 2023[8] - R&D expenses increased to CNY 10,614,460.30, up 71.5% from CNY 6,209,066.27 in the previous year[18] Inventory and Current Assets - The company's inventory increased to RMB 105.71 million from RMB 99.75 million, indicating a rise of about 5%[15] - The total current assets decreased to RMB 518.60 million from RMB 565.16 million, a decline of approximately 8.2%[15] Audit and Reliability - The first quarter report has not been audited, which may affect the reliability of the financial data presented[23] - The company has not yet disclosed any new product developments or market expansion strategies in the current report[23]
瑜欣电子(301107) - 2024 Q1 - 季度财报