Financial Performance - The company's revenue for Q1 2024 was ¥137,776,393.01, a decrease of 21.17% compared to ¥174,770,168.39 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥8,305,957.50, representing a decline of 152.69% from a profit of ¥15,762,853.00 in the previous year[5] - Total operating revenue for the current period is ¥137,776,393.01, down 21.14% from ¥174,770,168.39 in the previous period[19] - Net profit for the current period is a loss of ¥8,305,957.50, compared to a profit of ¥15,762,853.00 in the previous period, representing a significant decline[21] - The company’s basic and diluted earnings per share are both -¥0.04, down from ¥0.11 in the previous period[21] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 86.19%, from ¥72,542,283.60 to ¥10,014,641.71[5] - Operating cash flow net amount is ¥10,014,641.71, down 86.23% from ¥72,542,283.60 in the previous period[24] - Cash and cash equivalents at the end of the first quarter were CNY 857,845,448.98, slightly down from CNY 862,009,120.23 at the beginning of the quarter[15] - Cash and cash equivalents at the end of the period increased to ¥796,466,177.85 from ¥95,069,337.18, indicating a strong liquidity position[24] - The total cash inflow from financing activities increased to ¥77,921,390.64, compared to ¥18,166,194.68 in the previous period, reflecting improved financing capabilities[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,963,498,910.01, an increase of 2.41% from ¥1,917,266,563.60 at the end of the previous year[5] - The company's total liabilities increased to CNY 404,214,165.91 from CNY 349,675,862.00, indicating a rise in financial obligations[17] - The total current liabilities rose to CNY 373,637,938.56 from CNY 326,625,588.22, showing an increase in short-term financial obligations[17] - The long-term borrowings increased to CNY 19,681,744.62 from CNY 10,900,872.95, indicating a rise in long-term debt financing[17] - The company's non-current assets totaled CNY 481,046,950.87, up from CNY 444,311,090.80, indicating investment in long-term resources[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,408[11] - The equity attributable to the owners of the parent company decreased to CNY 1,559,284,744.10 from CNY 1,567,590,701.60, reflecting a decline in retained earnings[18] - The company reported a decrease in undistributed profits to CNY 304,822,108.47 from CNY 313,128,065.97, indicating a reduction in retained earnings[18] Research and Development - The company's R&D expenses for Q1 2024 were ¥6,657,933.28, down 34.39% from ¥10,148,051.38 in the same period last year[9] - Research and development expenses decreased to ¥6,657,933.28, down 34.66% from ¥10,148,051.38 in the previous period[19] Other Financial Metrics - The company reported a significant increase in interest income, which rose by 923.37% to ¥4,977,065.34 due to a substantial increase in bank deposits[9] - The company reported a significant increase in interest income to ¥4,977,065.34, compared to ¥486,339.69 in the previous period[19] - The company incurred a credit impairment loss of ¥1,303,316.04, compared to ¥80,367.40 in the previous period, indicating increased credit risk[19] - The company reported a decrease in tax and additional fees by 57.38%, from ¥1,378,022.93 to ¥587,273.20[9] - Total operating costs decreased to ¥148,586,917.51, a reduction of 5.25% compared to ¥156,823,498.84 in the previous period[19] - The company experienced a 1997.60% increase in prepayments, rising to ¥25,250,051.64, primarily due to increased advance payments for materials[9] - The company's weighted average return on equity was -0.53%, down 2.68% from 2.15% in the previous year[5] - Accounts receivable decreased to CNY 218,913,494.36 from CNY 268,046,292.74, reflecting a reduction in outstanding customer payments[15] - Inventory levels increased to CNY 149,455,894.66 from CNY 127,371,983.13, suggesting a buildup of stock[15]
蓝箭电子(301348) - 2024 Q1 - 季度财报