ATC(SZ:002227)2024-04-25 11:38Financial Performance - The company's operating revenue for Q1 2024 was ¥67,064,739.18, a decrease of 1.15% compared to the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥14,598,690.13, representing a decline of 26.10% year-over-year[4]. - Net profit for Q1 2024 was a loss of ¥15,474,389.83, compared to a loss of ¥11,870,291.06 in Q1 2023, representing an increase in loss of 30.5%[23]. - The company recorded a total comprehensive loss of ¥15,474,631.64 for Q1 2024, compared to a loss of ¥11,863,287.78 in Q1 2023[23]. - Operating profit for Q1 2024 was a loss of ¥14,617,626.45, worsening from a loss of ¥12,796,162.90 in Q1 2023[22]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 38.41%, amounting to -¥22,595,505.36, compared to -¥36,686,015.43 in the previous year[10]. - The company reported a net cash outflow from operating activities of ¥22,595,505.36, an improvement from a net outflow of ¥36,686,015.43 in the previous year[26]. - Cash and cash equivalents at the end of Q1 2024 were ¥104,630,505.52, down from ¥219,601,702.81 at the end of Q1 2023[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,525,070,165.29, a decrease of 1.06% from the end of the previous year[4]. - The total current assets decreased from CNY 564,398,196.76 to CNY 522,125,524.29, a decline of approximately 7.5%[17]. - Cash and cash equivalents decreased from CNY 147,329,139.09 to CNY 104,630,505.52, representing a decrease of about 29%[16]. - Accounts receivable decreased from CNY 127,346,075.09 to CNY 121,228,833.21, a reduction of approximately 4.4%[16]. - Inventory increased from CNY 190,227,957.84 to CNY 199,230,513.24, an increase of about 4.7%[16]. - Total liabilities decreased slightly from CNY 482,823,947.92 to CNY 481,964,414.56, a decrease of about 0.2%[19]. - The total equity attributable to shareholders decreased from CNY 1,057,053,802.00 to CNY 1,042,454,870.06, a decline of approximately 1.4%[19]. - Non-current assets increased from CNY 977,006,133.53 to CNY 1,002,944,641.00, an increase of about 2.6%[17]. - Short-term borrowings decreased from CNY 57,238,813.72 to CNY 54,079,669.88, a decrease of approximately 3.8%[18]. - The company's total assets decreased from CNY 1,541,404,330.29 to CNY 1,525,070,165.29, a decline of about 1.1%[19]. - The company's retained earnings decreased from CNY 93,109,451.68 to CNY 78,510,761.55, a decrease of approximately 15.7%[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,201[12]. Operating Costs and Expenses - Total operating costs increased slightly to ¥82,942,836.82 from ¥82,856,322.92, with operating costs at ¥53,884,918.27, down from ¥54,303,636.35[22]. - Research and development expenses increased to ¥7,002,925.92 from ¥5,797,553.02, reflecting a growth of 20.8%[22]. Return on Equity - The weighted average return on equity was -1.39%, a decline of 0.33% compared to the previous year[4]. Taxation - The company recorded a 196.45% increase in income tax expenses, amounting to ¥883,404.49, due to higher deferred tax provisions[8]. Sales Revenue - The company experienced a decrease in sales revenue from customers, with cash received from sales at ¥69,370,497.15, compared to ¥67,909,252.41 in the previous year[25]. Earnings Per Share - Basic and diluted earnings per share for Q1 2024 were both -¥0.0589, compared to -¥0.0467 in Q1 2023[24]. Accounts Receivable Financing - The company reported a significant reduction in accounts receivable financing by 51.79%, down to ¥10,105,759.10[7]. Prepayments - The company experienced a 33.72% increase in prepayments, totaling ¥17,647,519.56, indicating higher advance payments for goods[7].