天宇股份(300702) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥689,450,572.73, a decrease of 11.29% compared to ¥777,213,687.73 in the same period last year[5] - Net profit attributable to shareholders was ¥40,517,331.09, down 59.58% from ¥100,237,944.26 year-on-year[5] - Basic earnings per share decreased by 59.88% to ¥0.1164 from ¥0.2901 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 689,450,572.73, a decrease of 11.3% compared to CNY 777,213,687.73 in the same period last year[17] - Net profit for Q1 2024 was CNY 40,517,331.09, a decline of 59.6% compared to CNY 100,237,944.26 in Q1 2023[18] - Total comprehensive income for the first quarter of 2024 was CNY 40,517,331.09, compared to CNY 100,237,944.26 in the same period last year, representing a decrease of approximately 59.6%[19] - Basic and diluted earnings per share for the first quarter were CNY 0.1164, down from CNY 0.2901 in the previous year, reflecting a decline of about 59.9%[19] Cash Flow - The net cash flow from operating activities increased by 257.10%, reaching ¥99,004,492.44, compared to a negative cash flow of -¥63,019,837.85 in the previous year[5] - Cash received from operating activities increased by 133.95% to ¥20,230,483.55, mainly due to increased interest income from term deposits[8] - Cash flow from operating activities generated a net cash inflow of CNY 99,004,492.44, a significant improvement from a net outflow of CNY 63,019,837.85 in the same period last year[22] - Total cash inflow from operating activities was CNY 770,249,724.99, compared to CNY 675,543,987.27 in the previous year, indicating an increase of approximately 14.0%[21] - Cash outflow from operating activities totaled CNY 671,245,232.55, down from CNY 738,563,825.12 in the previous year, showing a decrease of about 9.1%[22] - Cash flow from investing activities resulted in a net outflow of CNY 63,235,019.48, an improvement from a net outflow of CNY 128,451,669.47 in the previous year[22] - Cash flow from financing activities showed a net outflow of CNY 42,696,928.90, compared to a net inflow of CNY 301,757,703.33 in the same period last year[22] - The ending balance of cash and cash equivalents was CNY 230,482,962.87, down from CNY 377,973,652.28 at the end of the previous year[22] - The company received CNY 510,500,000.00 in cash from borrowings during the quarter, compared to CNY 571,290,000.00 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,174,534,565.56, a decline of 2.58% from ¥6,338,123,767.04 at the end of the previous year[5] - Total liabilities decreased to CNY 2,674,029,530.43 from CNY 2,850,352,416.09 year-over-year[16] - The company's cash and cash equivalents decreased to CNY 2,777,946,526.03 from CNY 2,951,299,469.71 in the previous year[16] - Long-term equity investments were CNY 32,557,324.33, slightly down from CNY 33,353,402.23 year-over-year[16] - The company reported a decrease in accounts payable to CNY 395,494,008.28 from CNY 457,728,797.25 in the previous year, indicating improved cash flow management[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,036, with the largest shareholder holding 35.07% of the shares[9] - The largest shareholder, Lin Jie, holds 30,507,119 shares, representing a significant portion of the company's equity[10] - The second-largest shareholder, Tu Yongjun, holds 14,277,353 shares, further consolidating family control over the company[10] - The company reported a total of 136,812,676 shares under lock-up, all belonging to executives[12] Expenses - The company reported a significant increase in sales expenses, which rose by 84.97% to ¥24,443,213.39, primarily due to increased promotional costs for its formulation business[8] - Research and development expenses for Q1 2024 amounted to CNY 50,058,138.24, a decrease of 4.4% from CNY 52,497,086.41 in the previous year[18] - Financial expenses for Q1 2024 showed a significant improvement, reporting a gain of CNY 2,651,349.81 compared to a loss of CNY 19,731,905.91 in Q1 2023[18] Other Information - The company has not disclosed any new product developments or technological advancements in this quarter[11] - There are no updates on market expansion or mergers and acquisitions reported in this quarter[11] - The company has not provided specific future guidance or performance outlook for the upcoming quarters[11] - The company has no changes in the number of shares lent or returned under the margin trading business[10] - The total current assets decreased from CNY 426,152,929.86 to CNY 357,344,819.49, reflecting a decline of approximately 16.1%[14] - Accounts receivable decreased from CNY 492,470,789.40 to CNY 471,555,894.27, a reduction of about 4.2%[14] - Inventory decreased from CNY 1,889,680,544.33 to CNY 1,799,912,695.73, indicating a decline of approximately 4.7%[14]