Financial Performance - The company's revenue for Q1 2024 was CNY 197,642,799.49, representing a 23.08% increase compared to CNY 160,581,543.23 in the same period last year[5] - Net profit attributable to shareholders decreased by 2.27% to CNY 12,596,945.15 from CNY 12,889,020.51 year-on-year[5] - Basic and diluted earnings per share both decreased by 22.22% to CNY 0.07 from CNY 0.09 in the previous year[5] - The net profit after deducting non-recurring gains and losses was CNY 10,639,646.64, down 14.12% from CNY 12,388,324.55 year-on-year[5] - The weighted average return on equity decreased to 1.21% from 2.64% in the previous year[5] - Total operating revenue for Q1 2024 reached ¥197,642,799.49, an increase of 23.06% compared to ¥160,581,543.23 in the same period last year[18] - Net profit for Q1 2024 was ¥12,596,945.15, a decrease of 2.27% from ¥12,889,020.51 in Q1 2023[19] - The company reported a basic and diluted earnings per share of ¥0.07, down from ¥0.09 in the previous year[20] - The company’s total profit for the period was ¥14,745,226.96, slightly up from ¥14,282,609.22 year-over-year[19] Cash Flow and Liquidity - The net cash flow from operating activities dropped significantly by 90.26%, amounting to CNY 734,918.04, primarily due to increased cash payments for goods and a decrease in export tax rebates[8] - Cash flow from operating activities generated a net amount of ¥734,918.04, significantly lower than ¥7,543,361.06 in the same quarter last year[22] - The total cash and cash equivalents at the end of Q1 2024 amounted to ¥320,167,552.50, compared to ¥101,884,381.45 at the end of Q1 2023, indicating a substantial increase in liquidity[23] - The cash flow from financing activities showed a net outflow of ¥8,003,401.00 in Q1 2024, which is a decrease from the outflow of ¥1,168,219.41 in Q1 2023, suggesting tighter financing conditions[23] - The cash flow from operating activities was not explicitly detailed, but the overall cash increase for Q1 2024 was ¥2,912,461.68, down from ¥7,948,132.33 in Q1 2023, indicating a potential decline in operational performance[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,424,890,469.65, a decrease of 1.31% from CNY 1,443,779,041.79 at the end of the previous year[5] - The company’s total assets and equity stood at ¥1,424,890,469.65 and ¥1,044,904,063.06 respectively, showing a slight decrease in total equity from the previous quarter[19] - The company’s total liabilities decreased from CNY 411,486,991.55 to CNY 379,986,406.59, indicating a reduction in financial obligations[16] - The cash and cash equivalents at the end of the period were CNY 392,508,933.84, down from CNY 400,360,430.79 at the beginning of the period[15] - The total current assets decreased from CNY 1,030,309,254.90 to CNY 999,946,860.19, a reduction of about 2.5%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,750[10] - The largest shareholder, Gong Zhiqiang, holds 49.67% of the shares, totaling 90,000,000 shares[10] - The company repurchased 24,500 shares, representing approximately 0.01% of the total share capital, with a total transaction amount of CNY 321,084.00[13] - The board approved a share repurchase plan with a budget between CNY 26 million and CNY 50 million, with a maximum repurchase price of CNY 16.56 per share[12] - The company plans to utilize its own funds for the share repurchase aimed at employee stock ownership plans[12] Investment and Research - Cash inflow from investment activities totaled ¥350,265,510.11, compared to ¥122,284,160.74 in the previous year, indicating a substantial increase[22] - Research and development expenses for Q1 2024 were ¥11,004,115.77, up from ¥8,969,399.20 in the same period last year, reflecting a focus on innovation[18] - The net cash flow from investment activities for Q1 2024 was ¥11,924,739.10, an increase from ¥2,849,663.46 in Q1 2023, reflecting a significant growth in investment returns[23] Other Financial Metrics - Other comprehensive income after tax was reported at -¥871,283.22, compared to -¥330,290.67 in the previous year, indicating increased losses in this area[19] - The impact of exchange rate fluctuations on cash and cash equivalents was a negative ¥1,743,794.46 in Q1 2024, compared to a negative impact of ¥1,276,672.78 in Q1 2023, highlighting increased currency risk[23] - The company has not undergone an audit for the Q1 2024 report, which may affect the reliability of the financial data presented[24] - The company is implementing new accounting standards starting in 2024, which may influence future financial reporting and performance metrics[24]
豪江智能(301320) - 2024 Q1 - 季度财报