爱克股份(300889) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥171,343,020.41, representing a slight increase of 0.48% compared to ¥170,522,864.36 in the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥35,040,755.42, which is a decline of 105.27% from a loss of ¥17,070,924.60 in the previous year[4]. - Sales revenue for Q1 2024 reached CNY 230,550,034.98, an increase of 30.63% compared to CNY 176,487,564.23 in Q1 2023[10]. - The net profit for Q1 2024 was -35,745,446.20 CNY, compared to -18,160,257.85 CNY in Q1 2023, representing an increase in net loss of approximately 96.5% year-over-year[26]. - Operating profit for Q1 2024 was -42,198,460.33 CNY, compared to -22,180,226.22 CNY in the same period last year, indicating a worsening of approximately 90.3%[26]. - The total comprehensive income for Q1 2024 was -35,756,160.57 CNY, compared to -18,058,392.36 CNY in the same period last year, indicating a worsening of approximately 97.5%[27]. Cash Flow - The net cash flow from operating activities improved by 58.89%, amounting to -¥72,523,657.63 compared to -¥176,410,435.73 in the same period last year[4]. - The company's cash flow from operating activities decreased by 80.83% to CNY 6,987,194.43, primarily due to a reduction in recovered deposit guarantees[10]. - Cash flow from operating activities showed a net outflow of -72,523,657.63 CNY, an improvement from -176,410,435.73 CNY in Q1 2023[29]. - Investment activities resulted in a net cash outflow of -19,149,962.14 CNY, compared to -62,362,573.12 CNY in the previous year, indicating a reduction in cash outflow by approximately 69.4%[30]. - Financing activities generated a net cash outflow of -18,308,612.73 CNY, a significant decrease from a net inflow of 220,199,661.16 CNY in Q1 2023[30]. Assets and Liabilities - The total assets decreased by 5.73% to ¥2,592,827,889.19 from ¥2,750,496,860.29 at the end of the previous year[4]. - The company's cash and cash equivalents decreased to CNY 399,203,984.47 from CNY 522,633,023.46, representing a decline of 23.5%[21]. - Total current assets decreased to CNY 1,697,147,502.74 from CNY 1,848,623,541.67, a decline of 8.17%[22]. - Total liabilities decreased to CNY 991,183,046.53 from CNY 1,110,584,993.63, a reduction of 10.73%[23]. - The company's total assets decreased to CNY 2,592,827,889.19 from CNY 2,750,496,860.29, a decline of 5.74%[22]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,847, with no preferred shareholders[12]. - The top shareholder, Xie Mingwu, holds 29.06% of shares, amounting to 45,337,500 shares, with 36,500,000 shares pledged[12]. - The company plans to release previously restricted shares held by the chairman on March 18, 2024, totaling 45,337,500 shares[19]. Expenses and Costs - Total operating costs for the first quarter of 2024 were CNY 209,771,850.87, up 11.43% from CNY 187,198,347.28 in the previous period[25]. - The company's net profit margin is under pressure due to rising operating costs, with total operating costs exceeding total revenue for the quarter[25]. - Research and development expenses for the first quarter were CNY 13,950,041.90, an increase of 10.19% from CNY 12,656,587.39 in the previous period[25]. - The company's tax and additional charges increased by 63.49% to ¥1,505,716.62, primarily due to higher VAT payable at the beginning of the period[9]. - Financial expenses decreased by 90.03% to CNY 135,897.91, primarily due to reduced interest expenses on loans[10]. Investment and Financing - The company's trading financial assets increased significantly by 135.58%, reaching ¥25,096,628.00 from ¥10,653,250.00 at the end of the previous year[9]. - Accounts receivable rose by 106.55% to ¥7,450,043.82, primarily due to an increase in customer commercial acceptance[9]. - The company reported a 61.69% increase in accounts receivable financing, totaling ¥84,388,445.43, attributed to an increase in customer bank acceptance notes and supply chain notes[9]. - The company's long-term equity investments increased by 108.06% to ¥6,138,409.53, mainly due to a reduction in the balance of consolidated subsidiaries[9]. - Investment income showed a significant decline of 2064.28%, resulting in a loss of CNY 2,569,988.13, mainly due to the disposal of a subsidiary[10]. - Cash received from investment redemption increased by 741.66% to CNY 50,500,000.00, reflecting higher maturity of financial products[10]. - The company reported a significant increase in credit impairment losses, amounting to -564,522.89 CNY in Q1 2024, compared to -6,344,128.52 CNY in Q1 2023, indicating a reduction in losses by approximately 91.1%[26].