天银机电(300342) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥186,225,649.86, a decrease of 14.62% compared to ¥218,120,335.96 in the same period last year[5] - Net profit attributable to shareholders was ¥3,780,350.82, down 78.74% from ¥17,778,881.37 year-on-year[5] - Basic earnings per share decreased to ¥0.0089, down 78.71% from ¥0.0418 in the same period last year[5] - The net profit for Q1 2024 was ¥3,947,708.70, a decline of 77.6% from ¥17,619,176.54 in Q1 2023[21] - The profit attributable to the parent company's shareholders was ¥3,780,350.82, compared to ¥17,778,881.37 in the previous year, reflecting a significant decrease[21] Cash Flow - The net cash flow from operating activities was -¥54,522,702.53, representing a decline of 141.48% compared to -¥22,578,486.95 in the previous year[9] - The cash inflow from operating activities amounted to $193,865,815.79, an increase of 12.5% compared to $172,318,240.66 in the previous period[23] - The cash outflow from operating activities totaled $248,388,518.32, up from $194,896,727.61, resulting in a net cash flow from operating activities of -$54,522,702.53, worsening from -$22,578,486.95[23] - Cash inflow from investment activities was $11,719,006.58, while cash outflow was $37,034,103.13, leading to a net cash flow from investment activities of -$25,315,096.55, compared to -$9,241,711.02 previously[23] - Cash inflow from financing activities was $19,131,500.00, with cash outflow totaling $29,614,054.34, resulting in a net cash flow from financing activities of -$10,482,554.34, worsening from -$4,547,625.58[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,157,106,505.36, a slight decrease of 0.25% from ¥2,162,546,767.47 at the end of the previous year[5] - The total liabilities decreased to ¥618,605,127.16 from ¥627,993,097.97 year-over-year, indicating a reduction in financial obligations[19] - The total current assets amount to ¥1,423,920,318.97, slightly down from ¥1,432,380,867.16, a decrease of about 0.6%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 51,559[11] - The largest shareholder, Foshan Lanhai Ruixing Equity Investment Partnership, holds 28.99% of shares, totaling 123,200,000 shares[11] - The number of shares held by the top ten unrestricted shareholders totals 140,000,000 shares[12] - The company’s major shareholder, Zhao Yunwen, has reduced his restricted shares from 8,782,878 to 7,282,878 after a release of 1,500,000 shares[14] Operational Metrics - The total operating costs for Q1 2024 were ¥185,140,250.14, down 7.9% from ¥201,124,404.45 in the same period last year[20] - Research and development expenses for Q1 2024 were ¥17,461,908.22, up from ¥16,066,554.06 in the same period last year, indicating continued investment in innovation[20] - The company reported a significant increase in credit impairment losses, amounting to ¥1,733,746.60 compared to ¥3,526,598.83 in Q1 2023[20] Other Financial Metrics - The weighted average return on equity was 0.25%, down from 1.19% in the previous year[5] - The company reported a significant increase in construction in progress by 123.70%, rising to ¥7,034,233.89 from ¥3,144,431.30[8] - Other income increased by 61.68% to ¥708,050.44, primarily due to increased government subsidies[8] - The company experienced a 96.83% reduction in financial expenses, decreasing to ¥71,173.63 from ¥2,245,199.87[8] - The company's cash and cash equivalents decreased to ¥178,021,584.98 from ¥253,935,530.88, a decline of approximately 29.7%[16] - Accounts receivable increased to ¥559,954,249.99 from ¥544,779,970.93, reflecting a growth of about 2.4%[16] - Inventory rose to ¥493,645,678.07 from ¥413,519,982.04, indicating an increase of approximately 19.4%[16] - The company has a goodwill value of ¥217,253,302.11, unchanged from the previous period[16] Audit Status - The company has not yet audited the first quarter report, indicating that the financial data is unaudited[25] Legal Information - The company’s legal representative is Zhao Yunwen, as stated in the board meeting documentation[26]