远望谷(002161) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 109,111,915.36, representing a 3.14% increase compared to CNY 105,788,832.26 in the same period last year[5] - Net profit attributable to shareholders reached CNY 86,585,831.40, a significant increase of 998.26% from a loss of CNY 9,639,283.89 in the previous year[5] - Basic and diluted earnings per share were CNY 0.1170, marking a 1,000% increase from a loss of CNY 0.013 per share in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 109,111,915.36, an increase of 3.1% compared to CNY 105,788,832.26 in Q1 2023[20] - Net profit for Q1 2024 was CNY 85,203,110.53, a significant recovery from a net loss of CNY 9,917,839.00 in the same period last year[21] - The total comprehensive income for the first quarter of 2024 was approximately CNY 85.13 million, compared to a loss of CNY 10.15 million in the same period last year[22] - Basic and diluted earnings per share for the first quarter were CNY 0.117, a significant improvement from a loss of CNY 0.013 per share in the previous year[22] Asset and Liability Management - The company's total assets increased by 4.05% to CNY 2,835,373,133.65 from CNY 2,725,064,646.56 at the end of the previous year[5] - The company's total liabilities decreased by 14.98% in accounts payable, reflecting a payment of supplier procurement costs[9] - Total liabilities increased to CNY 1,256,279,865.74 from CNY 1,231,213,859.48, showing a rise in financial obligations[18] - The equity attributable to shareholders of the parent company increased to CNY 1,584,542,996.32 from CNY 1,498,028,437.58, indicating improved shareholder value[18] Cash Flow Analysis - Cash flow from operating activities showed a negative net amount of CNY -22,484,598.72, a decline of 207.20% compared to CNY 20,974,617.66 in the previous year[5] - The net cash flow from operating activities for Q1 2024 was -22,484,598.72 RMB, a decrease of 207.20% compared to Q1 2023, primarily due to increased procurement payments and higher taxes resulting from 2023 performance growth[11] - The net cash flow from investing activities was -22,924,244.16 RMB, a significant decline of 654.31% year-over-year, mainly attributed to increased payments for the renovation and expansion of the company's facilities[11] - The net cash flow from financing activities improved to 20,902,674.53 RMB, a 137,893,463.96 RMB increase compared to the previous year, due to a reduction in bank loan repayments[11] - The net increase in cash and cash equivalents was -23,516,695.45 RMB, showing an improvement of 77.42% compared to the same period last year[11] - The company's cash and cash equivalents at the end of Q1 2024 were 241,640,192.11 RMB, down from 265,415,779.64 RMB at the beginning of the quarter[16] - The ending balance of cash and cash equivalents was CNY 74.52 million, an increase from CNY 52.18 million at the end of the previous year[25] Investment and Development - The fair value change income from financial assets was CNY 110,748,660.87, a dramatic increase of 2,988.81% from CNY 3,585,482.61 in the previous year[10] - The company's investment income decreased by 61.94% to CNY 829,109.01 from CNY 2,178,249.13 in the same period last year[10] - The company reported a significant increase in investment income to CNY 829,109.01 from CNY 2,178,249.13, highlighting better performance in investments[21] - Research and development expenses increased slightly to CNY 12,745,665.65 from CNY 12,552,759.22, reflecting a focus on innovation[21] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[11] Shareholder Information - As of March 31, 2024, the total number of ordinary shareholders was 72,308, with the largest shareholder, Xu Yusuo, holding 20.30% of the shares[13] - Xu Yusuo's shareholding includes 145,570,000 shares that are pledged, representing 78.67% of his total holdings and 19.68% of the company's total shares[15] Operational Insights - The company is currently expanding its construction projects, with ongoing investments in the renovation of its headquarters, leading to a 15.97% increase in construction in progress[9] - Accounts receivable remained relatively stable at 193,036,113.57 RMB, slightly down from 193,886,411.99 RMB in the previous period[16] - Revenue from sales of goods and services received was CNY 114.93 million, down from CNY 129.16 million in the same period last year[24] - Total operating costs decreased to CNY 122,326,361.65 from CNY 127,701,081.63, representing a reduction of 4.3%[20] Reporting and Compliance - The company has not undergone an audit for the first quarter report[26] - The report was released on April 24, 2024, by the board of directors of the company[27]