东软载波(300183) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 206,350,278.07, representing a 43.41% increase compared to CNY 143,889,568.79 in the same period last year[4] - Net profit attributable to shareholders decreased by 46.27% to CNY 7,357,427.50 from CNY 13,692,271.89 year-on-year[4] - The net profit for Q1 2024 was CNY 7,148,285.81, a decrease of 47.9% from CNY 13,698,881.34 in Q1 2023[20] - The total operating revenue for Q1 2024 was CNY 206,350,278.07, an increase of 43.4% compared to CNY 143,889,568.79 in the same period last year[19] - The total operating costs for Q1 2024 were CNY 206,255,457.53, up from CNY 143,376,727.32, reflecting a 43.8% increase year-over-year[19] - The company's earnings per share (EPS) for Q1 2024 was CNY 0.0159, compared to CNY 0.0296 in Q1 2023, reflecting a decline of 46.5%[20] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching CNY 22,597,769.76, a 176.30% increase from a negative cash flow of CNY 29,616,477.48 in the previous year[4] - The cash flow from operating activities for Q1 2024 was CNY 244,019,806.43, down from CNY 252,669,545.08 in the previous year[22] - The company reported a total cash and cash equivalents balance of ¥493,193,634.33 at the end of Q1 2024, up from ¥160,033,230.81 at the end of Q1 2023[23] - Total cash inflow from investment activities reached ¥548,835,271.05, while cash outflow was ¥371,262,822.81, resulting in a net cash flow of ¥177,572,448.24[23] - Cash outflow for purchasing goods and services was ¥104,661,854.13, a decrease from ¥167,582,780.22 in the same period last year[23] - The net cash flow from financing activities was ¥228,342.21, a recovery from a net outflow of ¥489,622.02 in Q1 2023[23] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 3,484,476,765.80, a decrease of 1.05% from CNY 3,521,395,832.86 at the end of the previous year[4] - The total liabilities decreased to CNY 336,241,573.11 from CNY 379,976,360.36, representing a reduction of 11.5%[18] - The total current assets decreased from CNY 2,711,490,543.62 at the beginning of the period to CNY 2,689,780,415.22 at the end of the period, reflecting a decline of approximately 0.8%[16] - Cash and cash equivalents decreased from CNY 1,607,848,970.11 to CNY 1,424,051,736.71, a reduction of about 11.4%[16] - The company's goodwill remained stable at CNY 205,507,448.16, unchanged from the previous quarter[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,255, with no preferred shareholders[10] - The top shareholder, Cui Jian, holds 16.06% of the shares, amounting to 74,282,700 shares[10] - The total number of shares held by the top 10 unrestricted shareholders includes 68,775,700 shares held by Shenzhen Shanhu Investment Management Co., Ltd.[11] - The company reported a total of 91,705,125 shares under lock-up agreements, with 11,877,700 shares released during the period[14] Operational Insights - The gross profit margin for integrated circuit products decreased, contributing to the decline in net profit[8] - The company reported a significant increase in prepayments, which rose by 1153.50% to CNY 13,882,462.41 compared to CNY 1,107,498.78 in the previous year[8] - The company experienced a 75.13% increase in trading financial assets, amounting to CNY 473,663,446.73, up from CNY 270,461,208.84[8] - Accounts receivable decreased from CNY 321,176,124.37 to CNY 289,589,914.21, a decline of about 9.8%[16] - Inventory remained relatively stable, increasing slightly from CNY 393,270,689.06 to CNY 394,898,069.69, an increase of about 0.4%[16] - The company's R&D expenses for Q1 2024 were CNY 40,495,935.85, compared to CNY 34,865,025.75 in the previous year, indicating an increase of 16.5%[19] Future Outlook - The company is exploring new strategies for market expansion and product development, although specific figures were not disclosed in the current report[15] - The company's total assets and liabilities will be further detailed in the upcoming financial reports, indicating a focus on transparency and investor communication[15] Accounting and Audit - The company did not undergo an audit for the Q1 2024 report[24] - The new accounting standards were first implemented in 2024, affecting the financial statements[24]