荣联科技(002642) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥399,894,050.30, a decrease of 9.66% compared to ¥442,674,578.66 in the same period last year[5] - Net profit attributable to shareholders increased by 141.74% to ¥5,217,021.39 from ¥2,158,075.64 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 143.59% to ¥5,047,198.00 compared to ¥2,072,026.62 in the previous year[5] - Basic and diluted earnings per share increased by 139.39% to ¥0.0079 from ¥0.0033 year-on-year[5] - The total operating revenue for Q1 2024 was CNY 399,894,050.30, a decrease of 9.6% compared to CNY 442,674,578.66 in the same period last year[21] - The net profit for Q1 2024 was CNY 5,217,021.39, an increase of 142.5% compared to CNY 2,158,075.64 in Q1 2023[22] - The comprehensive income total of CNY 5,341,614.37 for Q1 2024, significantly higher than CNY 241,107.18 in the same quarter last year[22] Cash Flow - The net cash flow from operating activities improved by 52.14%, reaching -¥89,798,165.90, compared to -¥187,616,997.16 in the same period last year[5] - The cash inflow from operating activities for Q1 2024 was approximately CNY 981.64 million, an increase from CNY 687.85 million in Q1 2023, representing a growth of about 42.7%[25] - The net cash outflow from operating activities was CNY -89.80 million, an improvement compared to CNY -187.62 million in the same period last year[25] - The cash inflow from financing activities was CNY 97.00 million, down from CNY 122.00 million in Q1 2023, indicating a decrease of approximately 20.5%[26] - The net cash outflow from financing activities was CNY -33.51 million, contrasting with a net inflow of CNY 27.08 million in Q1 2023[26] - The cash and cash equivalents at the end of Q1 2024 stood at CNY 503.49 million, compared to CNY 372.55 million at the end of Q1 2023, reflecting an increase of about 35.1%[26] - The total cash outflow from investing activities was CNY 415.81 million, compared to CNY 372.29 million in Q1 2023, marking an increase of approximately 11.6%[25] - The net cash flow from investing activities was CNY -413.29 million, a significant decrease from a net inflow of CNY 1.86 million in the previous year[25] Assets and Liabilities - Total assets decreased by 4.96% to ¥2,472,851,726.30 from ¥2,601,864,877.95 at the end of the previous year[5] - The total current assets decreased from CNY 2,067,045,884.25 at the beginning of the period to CNY 1,943,988,459.12 at the end of the period, representing a decline of approximately 5.98%[17] - The total liabilities decreased to CNY 1,344,911,169.31 from CNY 1,479,265,935.33, a reduction of 9.1%[20] - Shareholders' equity attributable to the parent company increased by 0.48% to ¥1,127,970,556.99 from ¥1,122,628,942.62 at the end of the previous year[5] - The owner's equity attributable to the parent company increased to CNY 1,127,970,556.99 from CNY 1,122,628,942.62, showing a slight increase of 0.4%[20] Expenses - Management expenses decreased by 37.73% to ¥15,258,026.10, primarily due to employee optimization efforts[10] - Financial expenses dropped by 81.78% to ¥410,517.34, reflecting a reduction in interest expenses compared to the previous year[10] - Research and development expenses for Q1 2024 were CNY 16,820,259.39, up 6.8% from CNY 15,741,055.24 in the previous year[21] Changes in Management - The company appointed Zhang Xuguang as the new manager and Li Li as the new financial director, effective from February 5, 2024[15] Strategic Initiatives - The company continues to explore market expansion opportunities and new product development strategies as part of its growth initiatives[15] - The company extended the validity period of the share subscription agreement with its controlling shareholder, Shandong Jingda Technology Industry Development Co., Ltd.[16] Other Financial Information - The company reported a significant increase in contract liabilities by 91.32%, reaching ¥232,115,699.08, indicating a rise in pre-received project payments[10] - The company reported a significant increase in prepayments from CNY 25,860,345.15 to CNY 125,489,876.14, a rise of approximately 386.56%[18] - The total non-current assets remained stable, with minor fluctuations in various categories, indicating consistent asset management[18] - The company has not yet audited the Q1 2024 report, indicating that the figures are subject to change[27]