方直科技(300235) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 29,958,096.69, representing an increase of 8.48% compared to CNY 27,615,390.63 in the same period last year[5] - Net profit attributable to shareholders decreased by 16.20% to CNY 9,770,450.57 from CNY 11,659,495.61 year-on-year[5] - Total operating revenue for Q1 2024 reached CNY 29,958,096.69, an increase of 8.6% compared to CNY 27,615,390.63 in Q1 2023[20] - Net profit for Q1 2024 was CNY 9,770,450.57, down 16.1% from CNY 11,659,495.61 in the same period last year[21] - Operating costs for Q1 2024 amounted to CNY 17,721,544.57, representing a year-over-year increase of 15.9% from CNY 15,289,339.95[20] - The company reported a total comprehensive income of CNY 9,804,809.77 for Q1 2024, a decrease from CNY 11,766,810.60 in the previous year[21] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 154.22% to CNY 3,827,616.94, up from CNY 1,505,654.09 in the previous year[5] - The company's cash and cash equivalents at the end of the reporting period amount to RMB 217,304,404.62, an increase from RMB 181,346,942.77 at the beginning of the period[16] - The net cash flow from operating activities for the current period is ¥3,827,616.94, an increase of 154.5% compared to ¥1,505,654.09 in the previous period[23] - Cash inflow from investment activities totaled ¥190,591,706.70, up from ¥130,870,905.54, representing a growth of 45.6%[23] - The net cash flow from investment activities improved significantly to ¥70,397,373.98 from a negative ¥9,184,440.46 in the previous period[25] - The cash outflow from financing activities was ¥8,267,529.07, compared to ¥58,368.00 in the previous period, indicating a substantial increase in cash outflow[25] - The net increase in cash and cash equivalents for the current period is ¥65,957,461.85, recovering from a decrease of ¥7,737,154.37 in the previous period[25] - The ending balance of cash and cash equivalents is ¥217,216,645.62, compared to ¥202,710,222.47 at the end of the previous period, showing a growth of 7.4%[25] Assets and Liabilities - The total assets at the end of the reporting period were CNY 731,275,418.39, a slight increase of 1.08% from CNY 723,448,125.72 at the end of the previous year[5] - Total liabilities increased to CNY 21,537,532.45 in Q1 2024, compared to CNY 15,249,408.55 in Q1 2023, indicating a significant rise in financial obligations[19] - The total current assets at the end of the reporting period are RMB 543,529,210.81, slightly up from RMB 532,890,034.44 at the beginning[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,943[10] - The largest shareholder, Huang Yuanzhong, holds 14.71% of the shares, totaling 37,032,935 shares[10] - The company plans to repurchase shares with a total amount not less than RMB 6 million and not exceeding RMB 10 million, with a maximum repurchase price of RMB 17.32 per share[13] - As of April 15, 2024, the company has repurchased a total of 988,900 shares, accounting for 0.3928% of the total share capital, with a total transaction amount of RMB 9,997,279[14] - The company will use the repurchased shares for equity incentive plans or employee stock ownership plans[15] Accounts and Inventory - The company reported a 41.50% increase in accounts receivable, amounting to CNY 1,181.94 million, primarily due to revenue recognition from the education system's spring semester orders[8] - Inventory increased by 39.07% to CNY 92.72 million, attributed to increased stocking for the sales peak season[8] - The company experienced a significant rise in tax payable, which increased by 1019.69% to CNY 442.08 million, correlating with the revenue growth during the sales peak[8] - Accounts receivable increased to RMB 40,302,428.94 from RMB 28,483,000.70, reflecting a growth of approximately 41.5%[16] Earnings and Returns - The diluted earnings per share decreased by 20.00% to CNY 0.04 from CNY 0.05 in the same period last year[5] - The weighted average return on equity decreased to 1.38% from 1.69% year-on-year[5] - Basic and diluted earnings per share for Q1 2024 were both CNY 0.04, down from CNY 0.05 in Q1 2023[22] Research and Development - Research and development expenses for Q1 2024 were CNY 4,119,766.70, a decrease of 7.3% compared to CNY 4,444,679.26 in Q1 2023[20] Tax and Deferred Assets - Deferred tax assets increased to CNY 206,405.51 in Q1 2024 from CNY 165,861.89 in Q1 2023, reflecting improved tax positions[19] Audit Status - The company has not undergone an audit for the first quarter report[26]