Financial Performance - Net profit for the period was ¥27,222,986.63, down 42.53% from ¥47,350,490.52 in the same period last year[11] - The total profit decreased to ¥35,703,603.68 from ¥59,723,504.54, reflecting a decline of 40.25% year-over-year[11] - Net profit attributable to shareholders was ¥27,222,986.63, down 42.51% from ¥47,350,490.52 year-on-year[35] - The net profit after deducting non-recurring gains and losses was ¥23,303,655.76, a decline of 47.59% compared to ¥44,463,342.86 in the previous year[35] - The company reported a basic earnings per share of ¥0.07, down from ¥0.12 in the same period last year[11] - Basic earnings per share decreased to ¥0.07, down 41.67% from ¥0.12 year-on-year[35] - Diluted earnings per share decreased from ¥0.12 to ¥0.07, representing a decline of 41.7%[54] Revenue and Costs - The company's operating revenue for Q1 2024 was ¥232,331,862.14, a decrease of 4.74% compared to ¥243,897,698.49 in the same period last year[35] - Total operating revenue for the first quarter was CNY 232,331,862.14, a decrease of 4.3% compared to CNY 243,897,698.49 in the previous year[47] - Total operating costs increased to CNY 199,436,023.50, up 7.4% from CNY 185,350,825.87 in the prior year[47] Cash Flow - Operating cash flow improved by 71.47%, with a net cash flow from operating activities of -¥3,054,714.32 compared to -¥10,708,381.90 in the previous year[15] - The net cash flow from operating activities improved to -¥3,054,714.32, a 71.47% increase from -¥10,708,381.90 in the same period last year[35] - Cash inflow from operating activities totaled ¥191,448,321.94, compared to ¥188,434,774.06 in the previous period, an increase of about 1.1%[55] - Cash outflow for operating activities totaled ¥194,503,036.26, down from ¥199,143,155.96, a decrease of approximately 2.4%[55] - Investment cash flow also improved, decreasing by 43.67% to -¥3,448,424.16 from -¥6,121,712.71, mainly due to reduced capital investment expenditures[15] - The company reported a net cash outflow from investing activities of -¥3,448,424.16, an improvement from -¥6,121,712.71 in the previous period[55] - Financing cash flow showed a significant decline of 671.24%, with a net cash flow of -¥47,360,604.14 compared to -¥6,140,871.56, primarily due to share buybacks and payments for leasing fixed asset buyouts[15] - The company experienced a net cash outflow from financing activities of -¥47,360,604.14, compared to -¥6,140,871.56 in the previous period, indicating a significant increase in cash outflow[59] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,957,336,473.66, a decrease of 2.22% from ¥2,001,804,287.77 at the end of the previous year[35] - Total assets decreased from ¥2,001,804,287.77 to ¥1,957,336,473.66, a decline of approximately 2.2%[51] - Total liabilities decreased from ¥279,596,289.43 to ¥230,084,711.02, a reduction of about 17.7%[51] - The company’s total liabilities decreased by 75.66% for current liabilities due to repayment of lease liabilities[39] - The company’s cash and cash equivalents decreased to CNY 173,429,542.25 from CNY 227,256,203.31, a decline of 23.7%[44] - Cash and cash equivalents at the end of the period decreased from ¥229,195,448.07 to ¥173,286,537.64, a decline of approximately 24.5%[59] Research and Development - R&D expenses increased significantly by 245.26% to ¥229,716.70 from ¥66,534.84, attributed to increased investment in R&D projects during the reporting period[3] - The company’s research and development expenses for the quarter were CNY 229,716.70, significantly higher than CNY 66,534.84 in the previous year, marking an increase of 245.5%[47] Other Income and Expenses - Other income rose by 82.46% to ¥3,939,673.29 compared to ¥2,159,219.43, mainly due to an increase in government subsidies received[3] - The company received government subsidies amounting to CNY 3,939,673.29 during the reporting period[39] - The company reported a decrease in the provision for credit impairment losses, with a loss of CNY -1,571,293.41 compared to CNY -2,316,577.03 in the previous year[47] Shareholder Information - The total number of common shareholders at the end of the reporting period was 4,229[16] - The top ten shareholders held a combined 99.99% of the shares, with the largest shareholder holding 71.10%[16] - Shareholders' equity attributable to the parent company increased slightly to ¥1,727,251,762.64, up 0.29% from ¥1,722,207,998.34[35] - Total equity increased slightly from ¥1,722,207,998.34 to ¥1,727,251,762.64, an increase of about 0.3%[53] - The weighted average return on net assets was 1.57%, down 1.42 percentage points from 2.99% in the previous year[35]
侨源股份(301286) - 2024 Q1 - 季度财报