蜀道装备(300540) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 40,172,357.47, representing a 134.10% increase compared to CNY 17,160,499.70 in the same period last year[4] - The net profit attributable to shareholders decreased by 75.56% to CNY 3,959,370.48 from CNY 16,198,116.52 year-on-year[4] - The weighted average return on equity decreased to 0.39% from 1.66% year-on-year[4] - Net profit for Q1 2024 was ¥3,936,932.38, a decrease from ¥16,171,936.25 in Q1 2023, reflecting a decline of approximately 75.7%[19] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0240, down from ¥0.1008 in Q1 2023, reflecting a decrease of approximately 76.2%[19] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to CNY 76,670,469.08, a 267.14% increase from -CNY 45,870,716.20 in the previous year[4] - As of March 31, 2024, the company's cash and cash equivalents increased to RMB 172.67 million from RMB 121.48 million at the beginning of the period, representing a growth of 42.14%[14] - Total cash inflow from operating activities reached ¥250,147,251.94, up from ¥133,884,584.01 in the prior period, indicating a growth of approximately 87.5%[22] - The ending cash and cash equivalents balance increased to ¥166,019,492.98 from ¥121,641,554.75, reflecting a net increase of ¥62,183,877.75[22] - The company received tax refunds amounting to ¥6,259,688.47, compared to ¥1,161,672.55 in the previous period, marking a substantial increase[22] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,691,798,050.97, down 2.80% from CNY 1,740,615,463.69 at the end of the previous year[4] - Total liabilities decreased to ¥667,863,838.65 in Q1 2024 from ¥720,815,745.75 in Q1 2023, showing a decline of approximately 7.3%[16] - Total current assets decreased to RMB 1.14 billion from RMB 1.19 billion, a reduction of 3.00%[14] Research and Development - Research and development expenses increased by 31.84% to CNY 6,279,290.18, compared to CNY 4,762,900.02 in the same period last year[7] - Research and development expenses increased to ¥6,279,290.18 in Q1 2024 from ¥4,762,900.02 in Q1 2023, marking an increase of about 31.7%[17] Operational Metrics - The company reported a significant increase in other income, which rose by 736.75% to CNY 2,065,902.39 from CNY 246,896.10 in the previous year[7] - The company experienced a 58.58% decrease in accounts receivable, totaling CNY 46,812,461.86 compared to CNY 113,015,302.56 at the beginning of the period[7] - Operating costs for Q1 2024 were ¥51,054,570.63, up from ¥31,047,864.57 in the same period last year, indicating an increase of about 64.5%[17] - The company reported a 99.11% increase in operating costs, amounting to CNY 29,764,983.57, compared to CNY 14,948,819.45 in the previous year[7] Strategic Initiatives - The company signed a letter of intent on February 6, 2024, to acquire controlling stakes in Inner Mongolia Yahui Energy Development Co., Ltd. through cash payments and capital increases[12] - The company plans to invest approximately RMB 100 million in the Yibin Jiang'an Yangchun Chemical Park Industrial Gas Island project, with a registered capital of RMB 30 million and 100% ownership[12] - The company is currently conducting due diligence for the acquisition project, indicating ongoing strategic expansion efforts[12] - The company is focused on developing new industrial gas products, including oxygen, nitrogen, and hydrogen, for supply to park customers[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,523[9] - The company has not reported any changes in the number of preferred shareholders or significant changes in restricted shares[11] - The company has not engaged in any financing or securities lending activities among its top shareholders[11]