普天科技(002544) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,083,091,036.09, a decrease of 11.40% compared to ¥1,222,418,477.63 in the same period last year[6] - Net profit attributable to shareholders was ¥16,110,493.17, down 26.16% from ¥21,817,508.90 year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥13,846,340.06, a decline of 27.84% compared to ¥19,188,508.79 in the previous year[6] - Basic and diluted earnings per share were both ¥0.0236, reflecting a decrease of 26.25% from ¥0.0320 in the previous year[6] - The company reported a decrease in employee compensation payable to CNY 66,180,504.77 from CNY 71,809,558.12, a decline of 7.3%[29] - The total comprehensive income for the period was ¥10.52 million, compared to ¥22.59 million in the previous period, indicating a decrease of approximately 53.4%[35] - Net profit for the period was ¥12.17 million, compared to ¥22.20 million in the previous period, reflecting a decline of about 45.0%[32] Cash Flow and Liquidity - The net cash flow from operating activities improved by 46.75%, reaching -¥285,175,561.32, compared to -¥535,514,679.37 in the same period last year[6] - The company has a cash balance of approximately ¥1.97 billion as of March 31, 2024, down from ¥2.38 billion at the beginning of the period[23] - Cash inflow from financing activities totaled $102,333,701.83, down from $204,017,781.83 in the previous period, reflecting a significant decrease in financing received[39] - The net cash flow from financing activities was -$84,884,372.40, contrasting with a positive cash flow of $49,472,325.46 in the previous period, indicating a shift in financing strategy[39] - The ending balance of cash and cash equivalents was $1,751,124,617.01, down from $2,213,869,925.94 at the beginning of the period, reflecting a decrease in liquidity[39] - Total cash and cash equivalents decreased by $411,699,800.60, compared to a decrease of $518,896,615.36 in the previous period, indicating a trend of cash depletion[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,958,424,204.87, down 2.15% from ¥10,177,524,346.99 at the end of the previous year[6] - Total current liabilities decreased to CNY 6,030,199,875.11 from CNY 6,254,944,394.22, a reduction of 3.6%[29] - Non-current liabilities totaled CNY 77,606,762.47, a decrease from CNY 82,407,814.56, reflecting a drop of 5.0%[29] - The company's total equity increased slightly to CNY 3,850,617,567.29 from CNY 3,840,172,138.21, showing a growth of 0.2%[29] - Shareholders' equity attributable to the parent company increased by 0.39% to ¥3,744,426,453.77 from ¥3,730,057,534.70 at the end of the previous year[6] Development and R&D - The company reported a significant increase in development expenditure by 52.89%, totaling ¥45,327,900.00, due to ongoing R&D investments[14] - The company's development expenditure increased to CNY 45,327,945.16 from CNY 29,647,831.27, a significant rise of 52.7%[26] - Research and development expenses amounted to ¥55.10 million, down from ¥77.03 million, indicating a decrease of approximately 28.5%[32] Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,759[18] - The largest shareholder, China Electric Network Communication Group Co., Ltd., holds 27.42% of shares, totaling 187,160,325 shares[18] - The company plans to release 366,399 shares from the second lock-up period of its A-share restricted stock incentive plan, representing 0.0537% of the total share capital[22] - A total of 10,532,583 shares from a non-public offering will be released from lock-up on January 22, 2024, accounting for 1.543% of the total share capital[22] - The top ten shareholders and the top ten unrestricted circulating shareholders did not change due to securities lending activities[21] Government Support and Recognition - The company received government subsidies amounting to ¥2,530,089.31, contributing positively to the financial results[8] - The company has received recognition as a high-tech enterprise again in February 2024[22] Other Financial Metrics - Total operating costs for the period were approximately ¥1,085.54 million, a decrease from ¥1,201.95 million in the previous period, representing a reduction of about 9.7%[32] - The company reported a decrease in sales expenses from ¥69.38 million to ¥56.04 million, a reduction of about 19.2%[32] - The company experienced a significant increase in interest income, rising to ¥10.31 million from ¥5.37 million, an increase of approximately 91.5%[32] - The company recorded a tax expense of ¥531.68 million, down from ¥1,914.35 million, reflecting a decrease of about 72.2%[32] - The company did not undergo an audit for the first quarter report, which may affect stakeholder confidence in financial reporting[39]