Financial Performance - The company's operating revenue for Q1 2024 was ¥48,608,571.97, representing an increase of 18.91% compared to ¥40,877,119.01 in the same period last year[5]. - Net profit attributable to shareholders was ¥1,486,204.03, a significant increase of 358.32% from a loss of ¥575,335.08 in the previous year[5]. - The net profit after deducting non-recurring gains and losses was ¥1,280,200.01, up 237.61% from a loss of ¥930,309.47 in the same period last year[5]. - Basic and diluted earnings per share were both ¥0.0248, reflecting a 293.75% increase from a loss of ¥0.0128 per share in the previous year[5]. - Total operating revenue for Q1 2024 was CNY 48,608,571.97, an increase of 19.9% compared to CNY 40,877,119.01 in Q1 2023[17]. - Net profit for Q1 2024 was CNY 1,486,204.03, a significant recovery from a net loss of CNY 575,335.08 in Q1 2023[18]. - Basic and diluted earnings per share for Q1 2024 were CNY 0.0248, compared to a loss per share of CNY -0.0128 in Q1 2023[18]. - The total profit for Q1 2024 was CNY 2,200,362.13, a recovery from a loss of CNY -941.33 in Q1 2023[17]. Cash Flow and Assets - The net cash flow from operating activities was -¥171,585,289.92, a decrease of 103.32% compared to -¥84,392,997.13 in the same period last year[5]. - The company reported a net cash outflow from operating activities of CNY -171,585,289.92, worsening from CNY -84,392,997.13 in the previous year[21]. - Cash and cash equivalents dropped significantly from RMB 587,494,343.79 to RMB 395,990,430.41, a decrease of about 32.5%[12]. - Cash and cash equivalents at the end of Q1 2024 stood at CNY 383,010,379.11, down from CNY 450,722,777.52 at the beginning of the quarter[22]. - Total assets at the end of the reporting period were ¥1,118,789,678.84, down 6.72% from ¥1,199,418,464.20 at the end of the previous year[5]. - The company's total assets decreased from RMB 1,199,418,464.20 to RMB 1,118,789,678.84, representing a decline of about 6.7%[14]. - Total current assets decreased from RMB 1,054,660,953.60 at the beginning of the year to RMB 960,979,982.89 by the end of the quarter, representing a decline of approximately 8.85%[12]. Shareholder Equity and Liabilities - Shareholders' equity attributable to shareholders was ¥951,692,085.38, a slight increase of 0.19% from ¥949,919,702.57 at the end of the previous year[5]. - The equity attributable to the parent company increased slightly from RMB 949,919,702.57 to RMB 951,692,085.38, an increase of approximately 0.2%[14]. - Total liabilities decreased from RMB 249,498,761.63 to RMB 167,097,593.46, a reduction of approximately 33%[14]. - The company reported a significant decrease in short-term borrowings, with total current liabilities dropping from RMB 249,068,423.80 to RMB 165,343,512.31, a decline of approximately 33.5%[14]. Operational Highlights - The company reported a significant increase in sales collections and interest income, contributing to the rise in net profit[8]. - The company received CNY 78,178,047.65 in cash from sales of goods and services, an increase from CNY 64,883,161.19 in the previous year[20]. - The company incurred research and development expenses of CNY 5,259,877.11, a decrease from CNY 5,901,028.84 in the same quarter last year[17]. - Contract liabilities rose from RMB 31,929,295.97 to RMB 39,470,681.40, indicating an increase of about 23.5%[14]. - The company has maintained a stable level of long-term equity investments, with a slight decrease from RMB 5,944,728.33 to RMB 5,048,094.66, a reduction of about 15%[13]. Inventory and Receivables - Accounts receivable decreased from RMB 352,981,610.21 to RMB 341,441,950.95, reflecting a reduction of approximately 3.7%[13]. - Inventory increased from RMB 60,557,517.31 to RMB 106,403,080.38, marking an increase of around 75.8%[13].
经纬股份(301390) - 2024 Q1 - 季度财报