ZBOM(SH:603801)2024-04-25 11:28Financial Performance - The company's operating revenue for Q1 2024 was ¥820,023,907.44, representing a year-on-year increase of 1.77%[6]. - The net profit attributable to shareholders decreased by 8.38% to ¥47,221,342.54, primarily due to an increase in share-based payment expenses[6][9]. - The net profit after excluding non-recurring items showed a year-on-year change of 15.46%[9]. - The basic earnings per share for Q1 2024 was ¥0.1082, reflecting an 8.38% decrease year-on-year[6]. - Net profit for Q1 2024 was CNY 47,221,342.54, a decrease of 8.56% compared to CNY 51,540,162.47 in Q1 2023[22]. - Basic earnings per share for Q1 2024 was CNY 0.1082, down from CNY 0.1181 in Q1 2023, a decline of 8.4%[23]. Cash Flow - The net cash flow from operating activities was negative at -¥574,030,750.00, a significant decline of 442.45% compared to the previous year[6][9]. - The net cash flow from operating activities for Q1 2024 was -574,030,750.00, compared to -105,822,259.40 in Q1 2023, indicating a significant decline in operational cash flow[25]. - The company reported a significant increase in procurement payments and taxes, contributing to the negative cash flow from operating activities[9]. - Cash outflow for purchasing goods and services was 960,944,403.14, an increase from 698,538,411.00, suggesting higher operational costs[25]. - The company paid 171,170,304.82 in taxes, up from 105,239,352.47, reflecting increased tax obligations[25]. - Cash inflow from financing activities totaled 152,959,292.00, down from 251,229,964.23 in Q1 2023, indicating a decrease in new borrowings[26]. - The net cash flow from financing activities was 150,892,959.36, compared to 187,043,551.13 in the same quarter last year, showing a decline in financing efficiency[26]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥5,697,751,650.01, down 10.79% from the end of the previous year[7]. - As of March 31, 2024, the company's total assets amounted to ¥5,697,751,650.01, a decrease from ¥6,386,807,157.10 on December 31, 2023, reflecting a decline of approximately 10.8%[15]. - The company's cash and cash equivalents decreased to ¥511,379,372.10 from ¥862,797,508.77, representing a decline of about 40.6%[15]. - Accounts receivable increased to ¥323,979,397.00 from ¥224,560,563.65, showing a growth of approximately 44.3%[16]. - Inventory rose to ¥230,618,557.57 from ¥220,443,705.15, indicating an increase of about 4.3%[16]. - The total liabilities decreased to CNY 2,350,031,705.99 in Q1 2024 from CNY 3,098,580,153.27 in Q1 2023, indicating a reduction of approximately 24.1%[18]. - The total current liabilities were not specified, but the company is monitoring its liquidity position closely[16]. Investments and Expenses - Research and development expenses increased to CNY 56,599,248.10 in Q1 2024, compared to CNY 51,451,008.52 in Q1 2023, reflecting a growth of 10.5%[22]. - The company reported a significant decrease in contract assets, which fell to ¥899,829,085.16 from ¥1,270,599,858.30, a decline of approximately 29.2%[16]. - The company’s long-term investments slightly decreased to ¥167,783,697.34 from ¥168,757,720.71, a reduction of about 0.6%[16]. - Total operating costs for Q1 2024 were CNY 799,141,000.82, up 4.34% from CNY 765,786,372.10 in Q1 2023[21]. - The company reported a decrease in sales expenses to CNY 154,073,402.45 in Q1 2024 from CNY 141,430,495.02 in Q1 2023, reflecting an increase of 8.9%[21]. Strategic Focus - The company is focusing on expanding its market presence and enhancing product development strategies, although specific new products were not detailed in the report[14]. - The company has not reported any significant changes in its major shareholders or their shareholding percentages during the reporting period[13]. - There were no significant updates regarding mergers or acquisitions in the current quarter[14].