金利华电(300069) - 2024 Q1 - 季度财报

Revenue and Profitability - The company's revenue for Q1 2024 was ¥27,407,327.33, representing a 147.89% increase compared to ¥11,056,118.82 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 27,407,327.33, a significant increase from CNY 11,056,118.82 in the same period last year, representing a growth of approximately 147.5%[20] - The net loss for Q1 2024 was CNY 3,783,445.08, an improvement compared to a net loss of CNY 6,257,046.19 in Q1 2023, reflecting a reduction in losses of approximately 39.5%[22] - The net loss attributable to shareholders was ¥4,167,685.17, a 13.87% improvement from a loss of ¥4,838,658.09 in the previous year[5] - The operating profit for Q1 2024 was reported at CNY -3,962,450.48, which is an improvement from CNY -6,221,227.92 in the same quarter last year[21] - The basic and diluted earnings per share for Q1 2024 were both CNY -0.0356, an improvement from CNY -0.0414 in Q1 2023[22] Cash Flow and Liquidity - The net cash flow from operating activities was -¥10,872,208.90, a decline of 215.29% compared to a positive cash flow of ¥9,430,432.75 in the same period last year[11] - The net cash flow from operating activities for Q1 2024 was -10,872,208.90, compared to 9,430,432.75 in Q1 2023, indicating a significant decline in operational cash generation[25] - The company reported a total cash inflow from operating activities of 79,820,878.29, while cash outflow was 90,693,087.19, reflecting a cash outflow of 10,872,208.90[25] - The company's cash and cash equivalents decreased from 66,832,816.17 RMB to 56,504,554.14 RMB, a decline of approximately 15.5%[17] - The ending balance of cash and cash equivalents was 46,837,233.69, down from 94,002,778.46 at the end of Q1 2023[26] - The company’s cash flow from financing activities included a significant borrowing of 36,500,000.00, which may indicate a strategy to strengthen liquidity[25] Assets and Liabilities - The company's total assets decreased by 1.53% to ¥380,750,456.10 from ¥386,682,392.67 at the end of the previous year[5] - Total current assets decreased from 197,926,038.72 RMB to 177,541,809.18 RMB, a reduction of about 10.3%[17] - The company's total liabilities decreased slightly to CNY 125,781,822.60 from CNY 127,930,314.09 year-over-year[21] - The total equity attributable to shareholders decreased to CNY 238,884,362.80 from CNY 243,052,047.97, indicating a decline of approximately 1.4%[21] - The company’s short-term borrowings increased by 100% to ¥6,500,000.00, reflecting the need to supplement working capital[10] Expenses and Costs - The company reported a significant increase in sales expenses, which rose by 205.46% to ¥4,391,348.32 due to third-party costs related to winning a bid from the Southern Power Grid[11] - Total operating costs for Q1 2024 were CNY 33,191,615.40, up from CNY 18,117,368.32 in the previous year, indicating an increase of about 83.3%[21] - Research and development expenses for Q1 2024 were CNY 1,454,122.87, compared to CNY 1,237,291.30 in the previous year, marking an increase of about 17.5%[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,554[13] - The largest shareholder, Shanxi Hongtaiyang Tourism Development Co., Ltd., holds 15.02% of shares, totaling 17,570,818 shares[14] - The second-largest shareholder, Beijing Baize Changrui Enterprise Management Center, holds 14.18% of shares, totaling 16,590,100 shares[14] - There are no significant changes in the top 10 shareholders or their shareholding status compared to the previous period[14] Other Financial Information - The company has not undergone an audit for the Q1 2024 report, indicating that the figures are unaudited[27] - The company is implementing new accounting standards starting in 2024, which may affect future financial reporting[27] - The company’s operational cash flow challenges may necessitate a review of cost management and revenue generation strategies moving forward[25]