Financial Performance - The company's revenue for Q1 2024 was CNY 269,023,360.53, representing a 16.10% increase compared to CNY 231,713,359.74 in the same period last year[5] - Net profit attributable to shareholders decreased by 17.31% to CNY 26,905,646.75 from CNY 32,538,675.69 year-on-year[5] - Total operating revenue for Q1 2024 reached CNY 269,023,360.53, an increase of 16.06% compared to CNY 231,713,359.74 in Q1 2023[18] - Net profit for Q1 2024 was CNY 26,905,646.75, a decrease of 17.99% from CNY 32,538,675.69 in Q1 2023[19] - The total comprehensive income for the first quarter of 2024 was CNY 26,268,333.67, a decrease from CNY 32,538,675.69 in the previous period, reflecting a decline of approximately 19.3%[20] - Basic and diluted earnings per share for the first quarter were CNY 0.406, down from CNY 0.4909 in the same period last year, representing a decrease of about 17.1%[20] Cash Flow - The net cash flow from operating activities was negative at CNY -25,664,506.00, a decline of 59.09% compared to CNY -16,132,490.70 in the previous year[5] - Cash inflow from operating activities totaled CNY 246,738,220.99, compared to CNY 236,533,361.20 in the previous period, indicating an increase of approximately 4.7%[21] - The net cash flow from financing activities was CNY 6,836,044.09, a decrease from CNY 34,911,306.24 in the previous year, reflecting a decline of approximately 80.5%[23] - The company reported a cash inflow from financing activities of CNY 78,310,514.02, compared to CNY 35,382,122.14 in the previous period, indicating an increase of approximately 121.1%[23] - Cash outflow from investing activities was CNY 28,152,849.21, significantly higher than CNY 136,872,266.03 in the previous period, indicating a decrease in investment activity[23] - The ending balance of cash and cash equivalents was CNY 100,688,492.41, down from CNY 133,144,995.13 at the end of the previous period, a decrease of about 24.4%[23] Assets and Liabilities - Total assets increased by 20.22% to CNY 1,689,411,662.89 from CNY 1,405,215,240.72 at the end of the previous year[5] - Total liabilities decreased to CNY 658,281,843.62 from CNY 697,703,935.20 in the previous year, reflecting a reduction of 5.65%[16] - Owner's equity increased to CNY 1,031,129,819.27, up from CNY 985,522,220.16, marking a growth of 4.63%[16] - The company reported a significant increase in lease liabilities by 2,376.02% to CNY 639,050.00, attributed to the need for new long-term rental facilities[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,096[12] - The top shareholder, Fang Guangwen, holds 13.50% of the shares, totaling 8,949,000 shares[13] - The second-largest shareholder, Shi Xiaoguang, owns 6.67% of the shares, amounting to 4,418,407 shares[13] - The company has not reported any changes in the top 10 shareholders due to margin trading activities[14] - There are no significant changes in the status of restricted shares among the top shareholders[14] Research and Development - The company reported a 26.99% increase in R&D expenses, totaling CNY 3,117,000.00, due to increased development activities for new products and technologies[9] - Research and development expenses increased to CNY 31,170,044.86, representing a rise of 27.00% compared to CNY 24,544,874.06 in the previous year[18] Operational Costs - The gross profit margin decreased as operating costs rose by 21.65% to CNY 166,685,800.00, driven by increased labor costs and business expansion[9] - Total operating costs for Q1 2024 were CNY 245,413,209.08, up 23.66% from CNY 198,375,463.59 in the same period last year[18] Future Plans - The company has plans for market expansion and new product development, focusing on enhancing its technological capabilities and increasing market share[19]
中熔电气(301031) - 2024 Q1 - 季度财报