Financial Performance - Operating revenue for the first quarter of 2024 was CNY 150,223,109.83, representing a year-on-year increase of 14.16% from CNY 131,589,291.44[10] - Net profit attributable to shareholders for the first quarter of 2024 was CNY 10,300,990.15, a decrease of 14.14% compared to CNY 11,997,404.18 in the same period last year[10] - Total operating revenue for Q1 2024 reached ¥150,223,109.83, a 14.14% increase from ¥131,589,291.44 in Q1 2023[31] - Net profit for Q1 2024 was ¥10,300,990.15, a decrease of 14.15% compared to ¥11,997,404.18 in Q1 2023[32] - The company reported a total profit of ¥11,718,011.82 for Q1 2024, compared to ¥13,834,622.83 in Q1 2023, reflecting a decline of 15.3%[32] - Operating profit for Q1 2024 was ¥11,868,454.96, down from ¥13,835,692.65 in Q1 2023, indicating a decrease of 14.2%[32] Assets and Liabilities - Total assets as of March 31, 2024, were CNY 650,389,397.43, a decrease of 3.77% compared to CNY 675,877,793.03 at the end of 2023[10] - The asset-liability ratio for the consolidated entity decreased to 20.19% from 24.83% year-on-year[10] - Current liabilities decreased from ¥156,144,785.51 to ¥128,530,366.01, a reduction of about 17.7%[27] - Non-current liabilities decreased significantly from ¥11,660,000.00 to ¥2,765,000.00, a drop of approximately 76.3%[28] - Total liabilities decreased from ¥167,804,785.51 to ¥131,295,366.01, a decrease of around 21.7%[28] - Shareholders' equity increased from ¥508,073,007.52 to ¥519,094,031.42, an increase of about 2.0%[28] Cash Flow - The company reported a net cash flow from operating activities of CNY -136,754.07, an improvement of 99.41% compared to CNY -22,993,870.73 in the previous year[12] - Operating cash inflow for Q1 2024 was CNY 139,888,476.04, an increase from CNY 132,274,278.55 in Q1 2023, representing a growth of approximately 5%[37] - Operating cash outflow for Q1 2024 was CNY 140,025,230.11, a decrease from CNY 155,268,149.28 in Q1 2023, indicating a reduction of about 9.8%[37] - The ending cash and cash equivalents balance for Q1 2024 was CNY 145,506,464.34, up from CNY 44,365,537.33 in Q1 2023, indicating a significant increase of approximately 228%[38] - The net increase in cash and cash equivalents for Q1 2024 was CNY -42,973,047.01, an improvement from CNY -62,260,918.08 in Q1 2023[38] - The company reported a net cash flow from operating activities of CNY 4,089,022.47 for Q1 2024, a turnaround from a loss of CNY -7,286,924.42 in Q1 2023[39] Shareholder Information - The total number of shares held by the top ten shareholders is 54,987,486, representing 61.60% of the total shares[19] - The largest shareholder, Party Tuli, holds 20,897,239 shares, accounting for 23.41% of the total shares[18] - The second-largest shareholder, Wang Yubin, holds 11,756,631 shares, which is 13.17% of the total shares[18] Research and Development - Research and development expenses increased by 32.69% to CNY 2,865,089.23 due to increased investment in R&D projects[12] - Research and development expenses rose to ¥2,865,089.23, an increase of 32.67% from ¥2,159,217.82 in Q1 2023[31] Other Financial Metrics - The weighted average return on equity based on net profit attributable to shareholders was 2.01%, down from 3.95% in the previous year[10] - Basic earnings per share for Q1 2024 was ¥0.12, down from ¥0.17 in Q1 2023[33] - The company experienced a credit impairment loss of ¥1,240,193.18 in Q1 2024, compared to a gain of ¥244,890.66 in Q1 2023[32]
万德股份(836419) - 2024 Q1 - 季度财报