Triductor(688259)2024-04-24 13:36Financial Performance - The company's operating revenue for Q1 2024 was ¥123,024,763.86, representing a decrease of 13.55% compared to the same period last year[5] - Net profit attributable to shareholders was ¥15,142,821.21, showing a slight increase of 0.36% year-on-year[5] - Total revenue for Q1 2024 was CNY 123,024,763.86, a decrease of 13.5% compared to CNY 142,300,197.23 in Q1 2023[18] - Net profit for Q1 2024 was CNY 15,142,821.21, slightly up from CNY 15,088,256.54 in Q1 2023, indicating a growth of 0.4%[19] - The company's cash inflow from operating activities is expected to improve in the upcoming quarters due to cost-cutting measures and efficiency improvements[21] Cash Flow and Investments - The net cash flow from operating activities was -¥87,849,088.12, a significant decrease of 286.75% compared to the same period last year[5] - In Q1 2024, the company's cash inflow from operating activities was CNY 80,600,617.50, a decrease of 45.5% compared to CNY 147,639,180.39 in Q1 2023[22] - The net cash outflow from operating activities in Q1 2024 was CNY -87,849,088.12, contrasting with a net inflow of CNY 47,042,026.6 in Q1 2023[23] - The total cash inflow from investment activities in Q1 2024 was CNY 422,045,842.87, down from CNY 1,584,023,225.96 in Q1 2023[23] - The net cash outflow from investment activities in Q1 2024 was CNY -21,665,299.48, compared to CNY -55,466,644.19 in Q1 2023[23] - The company experienced a cash outflow of CNY 443,303,656.20 related to investment activities in Q1 2024, compared to CNY 1,639,430,930.05 in Q1 2023, marking a significant reduction[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,317,010,218.89, down 8.18% from the end of the previous year[6] - Total assets decreased to CNY 2,317,010,218.89 in Q1 2024 from CNY 2,523,528,860.19 in Q1 2023, a decline of 8.2%[17] - Total liabilities decreased to CNY 810,140,994.21 in Q1 2024 from CNY 1,016,791,870.21 in Q1 2023, a reduction of 20.3%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,901[9] - The largest shareholder, Chongqing Chuangruiying Enterprise Management Co., Ltd., held 22,111,200 shares, accounting for 27.64% of total shares[9] - The company reported a total of 118,100 shares available for securities lending as of the end of the reporting period[12] - The company has not disclosed any significant changes in shareholder participation in securities lending activities compared to the previous period[12] Research and Development - R&D investment totaled ¥32,916,895.41, accounting for 26.76% of operating revenue, an increase of 2.77 percentage points from the previous year[6] - Research and development expenses for Q1 2024 were CNY 32,916,895.41, a decrease of 3.6% from CNY 34,132,756.11 in Q1 2023[19] - The company plans to continue focusing on R&D and market expansion strategies in the upcoming quarters[6] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive revenue growth[21] - The company plans to repurchase shares using between RMB 20 million and RMB 40 million of excess funds at a price not exceeding RMB 75 per share, aimed at employee stock ownership plans or equity incentive plans[13]