Revenue and Profit - The company's revenue for Q1 2024 was ¥256,043,624.51, representing a 13.70% increase compared to ¥225,187,966.48 in the same period last year[5] - Net profit attributable to shareholders decreased by 19.77% to ¥10,923,194.11 from ¥13,614,985.34 year-on-year[5] - The net profit for Q1 2024 was CNY 14,166,742.84, a decrease of 19.9% from CNY 17,503,940.51 in Q1 2023[18] - Basic and diluted earnings per share fell by 40.91% to ¥0.13 from ¥0.22 in the same period last year[5] - The earnings per share (EPS) for Q1 2024 was CNY 0.13, down from CNY 0.22 in Q1 2023[19] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, with a net outflow of ¥21,423,694.98, a 62.61% reduction from ¥57,302,476.02 in the previous year[5] - Operating cash inflow for the current period was $218,407,135.57, an increase of 10.7% from $197,050,417.28 in the previous period[21] - Net cash flow from operating activities was -$21,423,694.98, an improvement from -$57,302,476.02 in the previous period[22] - Total cash outflow from operating activities was $239,830,830.55, a decrease from $254,352,893.30 in the previous period[21] - The ending cash and cash equivalents balance was $124,659,444.41, compared to $43,607,356.30 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,261,894,161.86, a decrease of 1.05% from ¥2,285,918,996.06 at the end of the previous year[5] - The total liabilities decreased to CNY 313,230,751.45 in Q1 2024 from CNY 351,877,688.41 in Q1 2023, a reduction of 11.0%[15] - The company's cash and cash equivalents decreased by 31.46% to ¥133,908,509.89, primarily due to payments for goods and loan repayments[8] - The company's cash and cash equivalents decreased to ¥133.91 million from ¥195.38 million, representing a decline of approximately 31.5%[13] Operational Performance - The total operating costs for Q1 2024 were CNY 240,499,468.06, up from CNY 210,096,722.45 in the same period last year, reflecting a growth of 14.4%[16] - The company continues to focus on maintaining liquidity while managing its receivables and inventory levels[13] - The company reported a financial expense of CNY -3,765,171.02 in Q1 2024, contrasting with CNY 2,045,578.55 in Q1 2023, indicating a significant change in financial management[18] Receivables and Inventory - Accounts receivable increased to ¥282.92 million from ¥274.18 million, showing a growth of about 3.3%[13] - Inventory decreased to ¥339.96 million from ¥359.43 million, indicating a reduction of approximately 5.4%[13] - Prepayments increased significantly to ¥15.41 million from ¥7.07 million, reflecting a growth of about 118.8%[13] - The company reported an increase in receivables financing to ¥164.64 million from ¥147.14 million, which is an increase of approximately 11.9%[13] Government Support - The company reported a 62.69% increase in other income to ¥1,740,455.57, attributed to increased government subsidies and incentives[8] - The company received government subsidies amounting to ¥28,850.00 during the reporting period[6] Shareholder Information - The company has not reported any changes in the status of restricted shares or preferred shareholders[12] - There were no significant changes in the top 10 shareholders or their participation in margin trading activities[12] Research and Development - Research and development expenses for Q1 2024 were CNY 10,324,777.45, compared to CNY 9,278,135.03 in Q1 2023, showing an increase of 11.3%[16] Investment Activities - The company’s investment activities saw a significant increase in cash outflow, totaling ¥24,642,293.46, a 342.46% increase from the previous year[8] - Cash inflow from investment activities totaled $78,810,336.57, up from $50,311,466.75 in the previous period[22] - Net cash flow from investment activities was -$24,642,293.46, compared to -$5,569,389.05 in the previous period[22] Strategic Developments - No new strategies or product developments were mentioned in the conference call[12]
金杨股份(301210) - 2024 Q1 - 季度财报