Financial Performance - Operating revenue for Q1 2024 reached CNY 13,935,411.12, representing a 19.77% increase from CNY 11,634,968.50 in Q1 2023[12] - Net profit attributable to shareholders decreased by 19.09% to CNY 4,129,493.76, down from CNY 5,103,781.32 in the same period last year[12] - Operating profit for Q1 2024 was CNY 4,137,465.57, an increase of 12.78% compared to CNY 3,668,110.33 in Q1 2023[41] - Total comprehensive income for Q1 2024 was CNY 4,129,493.76, compared to CNY 5,103,781.32 in Q1 2023[41] - Basic earnings per share for Q1 2024 were CNY 0.03, down from CNY 0.08 in Q1 2023[41] Cash Flow - The net cash flow from operating activities surged by 752.16% to CNY 6,022,816.37, compared to CNY 706,767.46 in Q1 2023[12] - Operating cash inflow for Q1 2024 reached CNY 22,970,109.03, an increase from CNY 20,777,767.62 in Q1 2023, representing a growth of approximately 10.0%[45] - The parent company achieved a net cash flow from operating activities of CNY 8,793,152.66 in Q1 2024, a significant recovery from a negative cash flow of CNY 1,728,965.35 in Q1 2023[47] - Net cash flow from investment activities for Q1 2024 was CNY 54,974,385.05, a recovery from a negative cash flow of CNY 76,605,718.07 in Q1 2023[46] - The company reported a net cash outflow from financing activities of CNY 125,591.04 in Q1 2024, indicating no new financing was secured during this period[46] Assets and Liabilities - Total assets increased by 1.89% to CNY 498,115,063.28 as of March 31, 2024, compared to CNY 488,877,842.97 at the end of 2023[12] - Total liabilities increased to CNY 44,828,997.40 from CNY 39,721,270.85, indicating a rise of approximately 12.5%[36] - Shareholders' equity rose to CNY 453,286,065.88 from CNY 449,156,572.12, reflecting an increase of about 0.5%[36] - Current assets totaled CNY 468,331,491.22, a slight increase from CNY 458,627,770.17, reflecting a growth of about 1.54%[34] - Non-current assets totaled CNY 29,783,572.06, a decrease from CNY 30,250,072.80, reflecting a decline of approximately 1.55%[35] Receivables and Payables - The company’s accounts receivable decreased by 30.99% to CNY 17,441,565.79, reflecting improved collection efforts[13] - Contract liabilities surged to CNY 29,425,587.36 from CNY 18,732,938.55, representing an increase of about 57.5%[35] - The company reported credit impairment losses of CNY 856,267.38 in Q1 2024, significantly higher than CNY 25,117.01 in Q1 2023[41] Investment and Expenses - Investment income increased significantly by 519.90% to CNY 1,697,397.55, attributed to cash management of idle funds[14] - The company’s financial expenses decreased by 84.39% to CNY -184,936.27 due to a shift from bank wealth management to investment management[14] - Research and development expenses for Q1 2024 were CNY 2,116,289.13, a decrease of 6.05% from CNY 2,252,651.10 in Q1 2023[40] - Total operating costs for Q1 2024 were CNY 14,232,707.92, an increase of 29.83% from CNY 11,017,631.42 in Q1 2023[40] Shareholder Information - Total outstanding shares amount to 134,000,000, with 49.26% being unrestricted shares and 50.74% being restricted shares[19] - The largest shareholder, Zhou Xiangcheng, holds 34.87% of the shares, totaling 46,731,200 shares[22] - The second largest shareholder, Wan Meihua, holds 32.25% of the shares, totaling 43,217,600 shares[22] - The number of common shareholders is 7,731[19] Compliance and Commitments - The company has fulfilled all disclosed commitments without any violations during the reporting period[28] - The company has no significant litigation or arbitration matters during the reporting period[26] - There are no pledges or judicial freezes on shares held by shareholders with over 5% ownership[24] - The company has not engaged in any major asset acquisitions or disposals during the reporting period[26]
恒进感应(838670) - 2024 Q1 - 季度财报