Financial Performance - The company's operating revenue for Q1 2024 was ¥147,326,871.22, a decrease of 11.79% compared to ¥167,013,625.02 in the same period last year[4] - Net profit attributable to shareholders was ¥5,467,130.20, down 53.13% from ¥11,663,779.21 year-on-year[4] - Basic and diluted earnings per share decreased by 56.25% to ¥0.07 from ¥0.16 in the same period last year[4] - The operating profit for Q1 2024 was 6,289,201.83 CNY, compared to 12,109,317.55 CNY in Q1 2023, reflecting a decline of approximately 48%[16] - The company reported a net profit margin decline due to reduced revenue and increased costs, impacting overall profitability[15] Cash Flow - The net cash flow from operating activities improved significantly, reaching -¥3,598,982.75, a 95.69% increase compared to -¥83,456,853.72 in the previous year[4] - The cash flow from operating activities showed a net outflow of -3,598,982.75 CNY, an improvement from -83,456,853.72 CNY in the previous year[19] - The company experienced a net cash decrease of -57,063,570.66 CNY in cash and cash equivalents during the quarter, compared to -80,179,976.46 CNY in Q1 2023[19] - The company reported a cash inflow from investment activities of 209,045,564.38 CNY, down from 438,077,508.58 CNY in Q1 2023, a decrease of about 52%[19] - The cash flow from financing activities generated a net inflow of 24,878,880.73 CNY, compared to 176,894,455.82 CNY in the same quarter last year, indicating a decline of approximately 86%[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,123,472,875.05, reflecting a 1.11% increase from ¥1,111,121,577.28 at the end of the previous year[4] - Cash and cash equivalents decreased to CNY 92,419,352.03 from CNY 163,268,250.41, representing a decline of 43.38%[12] - Accounts receivable increased to CNY 310,666,638.41 from CNY 279,449,380.97, reflecting an increase of 11.16%[13] - Inventory decreased to CNY 92,846,515.45 from CNY 101,786,980.60, a reduction of 8.77%[13] - Total liabilities increased to CNY 396,821,500.59 from CNY 389,651,793.98, an increase of 1.30%[14] - Non-current liabilities rose to CNY 147,562,674.97 from CNY 112,824,787.56, marking an increase of 30.83%[14] - The company's total equity increased to CNY 726,651,374.46 from CNY 721,469,783.30, a growth of 0.31%[14] - Short-term borrowings decreased to CNY 50,036,944.44 from CNY 58,646,910.05, a decline of 14.00%[14] Research and Development - Research and development expenses decreased by 36.46% to ¥3,188,084.45 from ¥5,017,615.64 year-on-year[8] - Research and development expenses for Q1 2024 were 3,188,084.45 CNY, down from 5,017,615.64 CNY in Q1 2023, a decrease of about 36%[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,043[10] - The largest shareholder, Xu Yangshun, holds 55.97% of the shares, totaling 41,788,377 shares[10] Other Income - The company reported a significant increase in other income, which rose by 337.22% to ¥1,193,134.95 compared to ¥272,888.18 in the previous year[8]
拓山重工(001226) - 2024 Q1 - 季度财报