晶品特装(688084) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 8,442,518.45, a decrease of 37.93% compared to the same period last year, primarily due to reduced product deliveries influenced by the military industry situation and execution progress [6]. - The net profit attributable to shareholders was CNY -9,283,701.10, with a basic and diluted earnings per share of CNY -0.12 [5]. - Total operating revenue for Q1 2024 was ¥8,442,518.45, a decrease of 37.6% compared to ¥13,601,286.14 in Q1 2023 [22]. - Net loss for Q1 2024 was ¥10,442,283.14, an improvement from a net loss of ¥11,084,835.28 in Q1 2023 [23]. - Operating profit for Q1 2024 was -¥10,424,664.56, compared to -¥13,353,156.34 in Q1 2023, indicating a narrowing of losses [22]. - Basic and diluted earnings per share for Q1 2024 were both -¥0.12, compared to -¥0.14 in Q1 2023 [23]. Research and Development - The total R&D investment amounted to CNY 11,430,585.55, representing 135.39% of the revenue, an increase of 46.11 percentage points compared to the previous year [6]. - Research and development expenses for Q1 2024 were ¥11,430,585.55, a slight decrease from ¥12,143,453.46 in Q1 2023 [22]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY -41,346,483.24, indicating a decrease in cash received from sales compared to the previous year [5]. - In Q1 2024, the company reported cash inflows from operating activities of CNY 21,873,250.95, a decrease of 54.8% compared to CNY 48,420,983.20 in Q1 2023 [25]. - The company's cash and cash equivalents decreased to CNY 505,472,932.08 from CNY 1,240,689,744.04, indicating a significant reduction of about 59.2% [17]. - The company's cash and cash equivalents at the end of Q1 2024 stood at CNY 493,169,228.08, down from CNY 633,129,375.45 a year earlier [26]. - The total cash outflow for the quarter was CNY -733,501,644.85, a slight improvement from CNY -740,525,591.02 in Q1 2023 [26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,894,510,605.40, a decrease of 2.12% from the end of the previous year [6]. - The total current assets were reported at CNY 1,616,131,467.94, down from CNY 1,674,077,398.73, reflecting a decrease of approximately 3.5% [18]. - Total liabilities decreased to CNY 1,616,131,467.94 from CNY 1,674,077,398.73, indicating a reduction of approximately 3.5% [18]. - Total liabilities as of Q1 2024 were ¥240,482,310.31, slightly down from ¥241,789,107.59 in the previous year [22]. Shareholder Information - The company has a total of 3,006 common shareholders at the end of the reporting period [10]. - The top three shareholders hold a combined 51.30% of the company's shares, indicating a concentrated ownership structure [11]. - The equity attributable to shareholders decreased by 2.25% to CNY 1,665,185,028.09 compared to the end of the previous year [6]. - Total equity attributable to shareholders was ¥1,665,185,028.09, a decrease from ¥1,703,539,746.92 in Q1 2023 [22]. Operational Metrics - The company experienced a significant decline in sales revenue, with cash received from sales at CNY 15,931,974.55, down 65.9% from CNY 46,688,059.35 in the previous year [25]. - Employee compensation payments increased to CNY 21,498,155.44, up 19.0% from CNY 17,979,819.78 in Q1 2023 [25]. - Tax payments decreased to CNY 7,981,403.34, down 46.3% from CNY 14,883,330.12 in the same quarter last year [25]. Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report [14]. - The company reported a weighted average return on equity of -0.54% for the period [6].