惠威科技(002888) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥43,657,070, a decrease of 3.89% compared to ¥45,424,536.54 in the same period last year[5]. - The net loss attributable to shareholders was ¥3,269,897.38, representing a 200.94% increase in losses compared to a net loss of ¥1,086,576.24 in the previous year[5]. - The total comprehensive loss for Q1 2024 was CNY 3,276,411.68, compared to a loss of CNY 1,037,779.16 in the same period last year[21]. - Basic and diluted earnings per share for Q1 2024 were both CNY -0.0222, compared to CNY -0.0074 in Q1 2023, reflecting worsening financial performance[21]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥2,733,604.10, a 158.32% increase from a negative cash flow of ¥4,687,603.60 in the same period last year[5]. - The net cash flow from financing activities was -193,758.18, indicating a cash outflow[23]. - The cash and cash equivalents at the end of the period amounted to 27,171,443.06, a decrease from the previous period's 38,175,595.90[23]. - The net increase in cash and cash equivalents for the quarter was 823,346.60, contrasting with a significant decrease of -17,521,228.44 in the prior period[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥446,600,896.78, down 2.22% from ¥456,720,317.79 at the end of the previous year[5]. - The company's current assets totaled CNY 273,485,046.38, down from CNY 281,539,614.91, indicating a decrease of about 2.26%[16]. - Total liabilities decreased from CNY 63,884,616.65 to CNY 57,041,607.32, reflecting a reduction of approximately 10.8%[17]. - The company's equity remained stable at CNY 233,559,289.46, unchanged from the previous period[17]. Operational Metrics - The company reported a significant increase in contract liabilities by 41.69% to ¥4,048,290.45, indicating an increase in advance payments received[10]. - Accounts receivable decreased by 53.24% to ¥4,594,101.76, primarily due to collections during the period[10]. - Inventory levels decreased from CNY 92,568,815.98 to CNY 87,419,912.67, a decline of about 5.4%[16]. - The company experienced a 91.89% decrease in asset impairment losses, totaling -¥1,934,479.05, mainly due to provisions for inventory depreciation[10]. Investment and Expenses - The company reported a 119.45% increase in investment income, amounting to ¥946,805.02, attributed to increased investment in financial products[10]. - Total operating costs for Q1 2024 were CNY 47,148,889.37, slightly down from CNY 47,316,084.67 year-on-year[20]. - Research and development expenses remained stable at CNY 4,967,667.64, slightly down from CNY 4,976,617.14 in the previous year[20]. - The company reported a decrease in gross profit margin due to increased sales and management expenses, with sales expenses rising to CNY 6,025,876.26 from CNY 5,301,656.12 year-on-year[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,792[11]. - There were no significant changes in the shareholding structure, with HONGBO YAO and HUIFANG CHEN remaining the actual controllers of the company[13]. Future Outlook - The company is focusing on new product development and market expansion strategies, although specific figures were not disclosed in the report[15].