Apex(SH:603383)2024-04-24 11:02Financial Performance - The company's operating revenue for Q1 2024 was ¥137,615,572.95, representing a year-on-year increase of 5.34%[5] - The net profit attributable to shareholders decreased by 26.78% to ¥16,208,369.57 compared to the same period last year[5] - The diluted earnings per share fell by 30.77% to ¥0.09 due to the decline in net profit attributable to shareholders[6] - Total revenue for Q1 2024 reached ¥137,615,572.95, an increase of 5.3% compared to ¥130,639,138.61 in Q1 2023[18] - Operating profit for Q1 2024 was ¥17,122,269.94, a decrease of 18.5% from ¥20,860,550.82 in Q1 2023[19] - Net profit for Q1 2024 was ¥14,141,430.06, down from ¥21,157,409.20 in Q1 2023, indicating a decline of 33.1%[19] - The net profit for Q1 2024 is 14,141,430.06 RMB, a decrease of 33.1% compared to 21,157,409.20 RMB in Q1 2023[20] - The net profit attributable to shareholders of the parent company is 16,208,369.57 RMB, down 26.7% from 22,136,760.02 RMB in the same period last year[20] - Basic earnings per share for Q1 2024 is 0.10 RMB, compared to 0.13 RMB in Q1 2023, reflecting a decline of 23.1%[20] Cash Flow - The net cash flow from operating activities was negative at ¥148,489,818.92, indicating a significant cash outflow[5] - Cash inflow from operating activities is 69,791,290.50 RMB, down 18.5% from 85,629,084.25 RMB in Q1 2023[22] - The net cash flow from operating activities is -148,489,818.92 RMB, worsening from -118,486,182.01 RMB in the previous year[22] - Cash inflow from investment activities is 120,668,841.44 RMB, a significant decrease of 73.3% compared to 453,710,292.33 RMB in Q1 2023[23] - The net cash flow from investment activities is -70,669,418.81 RMB, compared to -19,138,806.49 RMB in the same period last year[23] - The total cash and cash equivalents at the end of Q1 2024 is 719,247,031.02 RMB, down from 890,959,862.88 RMB at the end of Q1 2023[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,793,585,095.79, down 4.90% from the previous year-end[6] - Total assets decreased to ¥1,793,585,095.79 as of March 31, 2024, down from ¥1,886,086,098.63 at the end of 2023, a reduction of 4.9%[15] - Total liabilities decreased to ¥271,243,121.39 in Q1 2024, down from ¥380,148,428.67 in Q4 2023, a decline of 28.7%[15] - Shareholders' equity increased to ¥1,522,341,974.40 as of March 31, 2024, compared to ¥1,505,937,669.96 at the end of 2023, reflecting a growth of 1.1%[15] Accounts Receivable and Inventory - Accounts receivable increased by 60.41%, primarily due to project payments concentrated in the fourth quarter[7] - Accounts receivable increased to ¥89,830,454.88 in Q1 2024, up 60.5% from ¥56,001,768.30 in Q4 2023[14] - Inventory rose to ¥144,156,551.85, an increase of 8.5% compared to ¥132,388,711.79 in Q4 2023[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,499[9] - The top shareholder, Yan Mengyu, holds 20.96% of the shares, totaling 35,887,614 shares[9] Government Subsidies - The company received government subsidies amounting to ¥1,927,890.01, which are closely related to its normal business operations[7] Accounting Standards - The company has not adopted new accounting standards for the current reporting period[24] Merged Entity - The company did not report any net profit from the merged entity in the current or previous period[21]