Financial Performance - Revenue for the first quarter of 2024 was ¥28,354,495.48, a decline of 33.54% from ¥42,664,837.59 in the same period last year[12] - Net profit attributable to shareholders was a loss of ¥7,272,768.01, representing a decrease of 369.31% compared to a profit of ¥2,700,550.95 in Q1 2023[12] - The net cash flow from operating activities was -¥37,462,927.37, a decrease of 196.86% from -¥12,619,673.75 in the previous year[12] - The basic earnings per share for Q1 2024 was -¥0.07, compared to ¥0.03 in the same period last year, reflecting a decrease of 333.33%[12] - Net profit for Q1 2024 was a loss of ¥7,373,970.83, compared to a profit of ¥2,163,082.85 in Q1 2023, indicating a significant decline in profitability[54] - The total operating profit for Q1 2024 was -5,742,435.97, compared to an operating profit of 8,425,796.41 in Q1 2023, indicating a substantial decline[56] Assets and Liabilities - Total assets decreased by 7.48% to ¥453,843,024.75 as of March 31, 2024, compared to ¥490,511,180.67 at the end of 2023[12] - The company's cash and cash equivalents decreased by 61.39% to ¥31,714,109.56 due to repayment of bank loans and supplier payments[13] - Total current assets decreased to CNY 221,407,603.54 from CNY 259,154,312.48 as of December 31, 2023, representing a decline of approximately 14.6%[46] - Total liabilities decreased to CNY 203,722,448.75 from CNY 232,074,120.16, a reduction of approximately 12.2%[48] - The company's retained earnings decreased to CNY 41,700,696.15 from CNY 48,973,464.16, reflecting a decline of about 14.8%[48] Shareholder Information - The total number of shares outstanding is 103,670,278, with 52.87% being unrestricted shares[19] - The largest shareholder, Shanghai Yixingjian Information Technology Co., Ltd., holds 45,020,920 shares, representing 43.43% of total shares[20] - The top ten shareholders collectively own 63,403,003 shares, accounting for 61.17% of total shares[21] - The company has no pledged or judicially frozen shares among the top ten shareholders[22] - The number of common shareholders is 5,443[19] Related Party Transactions - The company has engaged in related party transactions, with an estimated amount of 120,000,000 CNY for purchasing raw materials and services, and 20,663,341.43 CNY has been incurred[28] - The company has committed to avoiding related party transactions that could harm the interests of shareholders[38] - The company has ensured that all related party transactions are conducted at fair market prices[38] Cash Flow and Investments - Cash flow from operating activities for Q1 2024 was -37,462,927.37, worsening from -12,619,673.75 in Q1 2023[58] - Cash outflow from investing activities in Q1 2024 was 6,650,690.59, significantly lower than 30,130,012.95 in Q1 2023, showing a reduction of about 77.9%[59] - Cash inflow from financing activities in Q1 2024 was 27,940,000.00, down from 40,000,000.00 in Q1 2023, a decrease of approximately 30.2%[59] Corporate Governance and Commitments - The company commits to effective use of raised funds to mitigate the dilution of immediate returns and enhance operational and profitability capabilities[35] - The company will strengthen internal controls and management to ensure the effective implementation of return measures[35] - The company has established a mechanism to link the compensation system of directors and senior management to the execution of return measures[35] - The company has committed to not transferring benefits to other entities or individuals under unfair conditions[35] - The company will adhere to its profit distribution policy as per the regulations applicable after the public offering, ensuring consideration of minority shareholders' interests[36] Miscellaneous - There are no ongoing litigation or arbitration matters reported during the period[24] - The company has completed share buyback procedures as per the announcements made in 2023[25] - The company has not undergone any audits for its financial reports[44]
通易航天(871642) - 2024 Q1 - 季度财报