Financial Performance - Revenue for Q1 2024 was CNY 436.23 million, a decrease of 0.88% compared to CNY 440.09 million in the same period last year[5]. - Net profit attributable to shareholders was CNY 17.58 million, down 4.68% from CNY 18.44 million year-on-year[5]. - Total operating revenue for Q1 2024 was CNY 436.23 million, a decrease of 0.20% compared to CNY 440.09 million in Q1 2023[22]. - Net profit for Q1 2024 was CNY 17.43 million, down 9.66% from CNY 19.31 million in Q1 2023[23]. - Basic and diluted earnings per share decreased by 22.22% to CNY 0.14 from CNY 0.18 in the same period last year[5]. - Basic and diluted earnings per share for Q1 2024 were CNY 0.14, down from CNY 0.18 in Q1 2023[24]. Cash Flow - Net cash flow from operating activities increased by 387.02%, reaching CNY 6.17 million, compared to a negative cash flow of CNY 2.15 million in the previous year[5][13]. - Cash inflow from operating activities was CNY 517.76 million, significantly higher than CNY 362.43 million in Q1 2023[25]. - The company reported a net cash outflow of CNY 428.56 million for purchasing goods and services, compared to CNY 305.14 million in the previous year[25]. - Cash inflow from financing activities reached CNY 525,842,200.00, with a net cash flow of CNY 456,262,886.88, a substantial increase from a negative CNY 1,677,456.73 in the previous period[26]. - The company's cash and cash equivalents increased by CNY 170,904,352.81, compared to a decrease of CNY 20,147,310.18 in the prior period[26]. - The balance of cash and cash equivalents at the end of the period was CNY 403,588,563.99, up from CNY 40,089,868.28 at the end of the previous period[26]. Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 1.91 billion, reflecting a 12.32% increase from CNY 1.70 billion at the end of the previous year[5]. - The total assets of the company reached ¥1,908,863,171.61, up from ¥1,699,485,197.11, indicating an increase of about 12.3%[19]. - Total current assets rose to ¥1,355,759,792.79 from ¥1,140,412,089.98, an increase of about 18.9%[19]. - Total liabilities decreased from ¥754,000,000.00 to ¥707,000,000.00, a reduction of approximately 6.2%[19]. - Total liabilities decreased to CNY 706.05 million from CNY 971.82 million at the beginning of the period, a reduction of 27.38%[20]. Shareholder Information - As of the end of the reporting period, the total number of common shareholders was 24,499[15]. - The largest shareholder, Gu Wei, holds 29.59% of the shares, totaling 40,470,000 shares[15]. - The company has not reported any significant changes in the shareholding structure of the top 10 shareholders due to margin trading activities[16]. Research and Development - Research and development expenses increased by 33.11% to CNY 18.29 million, indicating a commitment to enhancing innovation[11]. - Research and development expenses rose to CNY 18.29 million, an increase of 33.57% compared to CNY 13.74 million in the same period last year[23]. Other Financial Metrics - The company reported a significant increase in cash flow from financing activities, which reached CNY 456.26 million, compared to a negative CNY 1.68 million in the previous year, primarily due to funds raised from the IPO[13]. - The company reported a 474.53% increase in credit impairment losses, amounting to CNY 5.42 million, due to increased bad debt provisions[11]. - Payments to employees increased to CNY 48,080,216.66 from CNY 40,328,493.93, reflecting a growth of approximately 19.5%[26]. - Tax payments rose to CNY 7,345,559.29 from CNY 2,752,208.15, indicating an increase of about 166.5%[26]. - Cash received from investment income was CNY 135,838.36, marking the first recorded income in this category[26]. IPO Information - The company completed its initial public offering on January 11, 2024, raising a total of ¥525,842,200.00 by issuing 34.19 million shares at ¥15.38 per share[16]. Audit Status - The first quarter report was not audited, indicating that the figures are preliminary and subject to change[27].
雪祺电气(001387) - 2024 Q1 - 季度财报