Financial Performance - The company's operating revenue for Q1 2024 was CNY 44,199,104.90, representing a 150.42% increase compared to CNY 17,650,172.26 in the same period last year[5] - Net profit attributable to shareholders decreased by 33.96% to CNY 2,328,278.63 from CNY 3,525,541.14 year-on-year[5] - Basic and diluted earnings per share fell by 40.00% to CNY 0.03 from CNY 0.05 in the same quarter last year[5] - Operating costs for the same period were CNY 39,279,463.06, up 176.5% from CNY 14,255,730.07 year-over-year[18] - Net profit for Q1 2024 was CNY 2,328,278.63, a decrease of 33.9% from CNY 3,525,541.14 in Q1 2023[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 8,448,683.47, a decline of 220.76% compared to a positive CNY 6,996,304.34 in the previous year[5] - The company's cash flow from operating activities showed a positive trend, indicating improved liquidity management[20] - Cash inflows from operating activities totaled 52,653,765.37, up from 40,196,345.53 in the previous period, reflecting a growth of approximately 31%[21] - Cash outflows from operating activities increased to 61,102,448.84 from 33,200,041.19, representing an increase of about 84%[21] - The total cash increase for the period was -28,852,665.77, compared to -5,443,049.48 in the previous period, indicating a worsening cash position[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 786,705,163.46, down 2.42% from CNY 806,226,796.90 at the end of the previous year[5] - Total liabilities decreased to CNY 60,113,729.27 from CNY 81,963,641.34 in the previous quarter[17] - The total equity attributable to shareholders of the parent company was CNY 726,591,434.19, slightly up from CNY 724,263,155.56 in the previous quarter[17] Investments and Expenditures - The company invested 20,348,283.86 in fixed assets and intangible assets, significantly higher than 11,694,085.62 in the previous period, reflecting a focus on capital expenditure[22] - Research and development expenses increased by 108.21% to CNY 3,090,694.23, driven by higher direct material inputs and employee compensation[8] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,814[10] - The largest shareholder, Ye Yueting, holds 52.01% of the shares, totaling 36,405,600 shares[10] - The second-largest shareholder, Jin Feichun, owns 18.75% of the shares, amounting to 13,125,000 shares[10] Other Financial Metrics - The company reported a significant increase in prepayments, which rose by 201.56% to CNY 2,602,790.03, primarily due to increased prepaid expenses[8] - The company experienced a 449.80% increase in taxes and surcharges, amounting to CNY 770,058.39, due to higher sales[8] - Cash and cash equivalents decreased by 9.62% to CNY 281,907,730.23 from CNY 311,901,871.50 at the beginning of the year[8] - The company reported a financial asset impairment loss of CNY -155,806.86, compared to a gain of CNY 502,593.51 in the previous year[19] Audit and Reporting - The first quarter report was not audited, which may affect the reliability of the financial data presented[23]
雅艺科技(301113) - 2024 Q1 - 季度财报