Financial Performance - The company's operating revenue for Q1 2024 was ¥73,486,625.41, a decrease of 20.21% compared to ¥92,103,887.75 in the same period last year[5]. - Net profit attributable to shareholders was ¥4,292,867.99, down 78.09% from ¥19,592,866.80 year-on-year[5]. - The company reported a net profit of CNY 3,173,500.00, compared to CNY 3,739,686.24 in the previous period, indicating a decrease of 15.1%[21]. - The net profit for Q1 2024 was CNY 3,704,671.58, a decrease from CNY 19,484,734.34 in Q1 2023, representing a decline of approximately 81%[22]. - Operating profit for Q1 2024 was CNY 1,573,187.33, significantly lower than CNY 21,812,061.17 in the same period last year[22]. - The total profit for Q1 2024 was CNY 1,614,262.48, a decrease from CNY 21,812,850.23 in the same quarter last year[22]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 59.60% to ¥3,443,200.10, compared to ¥2,157,443.67 in the previous year[9]. - Cash flow from operating activities generated a net amount of CNY 3,443,200.10, an increase from CNY 2,157,443.67 in Q1 2023[24]. - The net increase in cash and cash equivalents was ¥30,985,867.61, a remarkable increase of 1768.44% compared to a decrease of ¥1,857,173.54 in the previous year[10]. - Total cash and cash equivalents at the end of Q1 2024 amounted to CNY 455,283,772.42, compared to CNY 545,310,251.31 at the end of Q1 2023[25]. - Cash flow from investing activities showed a net inflow of CNY 50,506,528.15, a significant improvement from a net outflow of CNY 26,894,081.75 in the previous year[24]. - The company reported a net cash outflow from financing activities of CNY 22,963,860.64 in Q1 2024, contrasting with a net inflow of CNY 22,879,464.54 in the previous year[25]. Research and Development - Research and development expenses surged by 183.10% to ¥11,285,958.92, reflecting increased investment in new product development[9]. - Research and development expenses increased significantly to CNY 11,285,958.92, up 183.1% from CNY 3,986,569.27 in the previous period[21]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[9]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,663,845,967.21, a slight decrease of 0.28% from the previous year[5]. - Total assets decreased slightly to CNY 1,663,845,967.21 from CNY 1,668,517,980.02, reflecting a decline of 0.3%[19]. - Total liabilities increased to CNY 81,251,429.19 from CNY 75,136,341.41, marking an increase of 8.3%[19]. - The company's total equity decreased to CNY 1,582,594,538.02 from CNY 1,593,381,638.61, a decline of 0.5%[19]. - Inventory increased to CNY 86,259,276.82, up 28.0% from CNY 67,390,720.39[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,000[11]. - The largest shareholder, Tan Yong, holds 54.45% of the shares, totaling 202,259,475 shares[11]. - The second-largest shareholder, Zong Lili, holds 2.30% of the shares, totaling 8,542,500 shares[11]. - The company has a total of 3,007,050 shares held in the repurchase special securities account[11]. - The total number of shares held by the top 10 shareholders accounts for 70.71% of the total shares[11]. - The company has no preferred shareholders with voting rights as of the reporting period[11]. - The number of shares held by the top 10 unrestricted shareholders is 38,000,000 shares[11]. - The company has no changes in the number of restricted shares during the reporting period[15]. - The total number of shares held by Minsheng Securities Investment Co., Ltd. is 4,369,992, accounting for 1.18% of the total shares[13]. - The company has no preferred shareholders as of the reporting period[14].
新特电气(301120) - 2024 Q1 - 季度财报