Financial Performance - The company's revenue for Q1 2024 was ¥59,143,289.60, representing a 49.56% increase compared to ¥39,545,257.73 in the same period last year[5] - The net loss attributable to shareholders was ¥3,387,825.61, a 49.06% improvement from a loss of ¥6,650,877.52 in the previous year[5] - The basic and diluted earnings per share improved to -¥0.03, a 50.00% increase from -¥0.06 in the previous year[5] - The company achieved a 52.83% reduction in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to -¥3,688,408.25 compared to -¥7,818,577.74 last year[5] - The company reported a total comprehensive loss of CNY 4,215,455.05 for the quarter, compared to a loss of CNY 6,173,369.35 in the previous year[24] Cash Flow and Investments - The net cash flow from operating activities was ¥27,024,739.66, showing a significant increase of 263.66% compared to -¥16,512,971.87 in the same period last year[5] - Total cash inflow from operating activities is 85,411,318.79, compared to 33,064,625.76 in the prior period, indicating a growth of approximately 158.5%[26] - Cash outflow from operating activities increased to 58,386,579.13 from 49,577,597.63, representing a rise of about 17.5%[26] - Net cash flow from investing activities is -120,582,801.59, worsening from -65,819,631.38 in the previous period[26] - Cash inflow from investing activities decreased to 50,106,132.05 from 122,260,115.67, a decline of approximately 59%[26] - Cash outflow from investing activities is 170,688,933.64, down from 188,079,747.05, showing a decrease of about 9.5%[26] - Net cash flow from financing activities is -3,042,921.00, compared to -20,440,756.22 in the previous period, indicating an improvement[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥907,461,473.09, a slight decrease of 0.39% from ¥910,995,152.83 at the end of the previous year[5] - Total liabilities stood at CNY 273,792,533.83, compared to CNY 273,110,758.52 previously, indicating a slight increase in obligations[21] - The company's equity attributable to shareholders decreased to CNY 633,668,939.26 from CNY 637,884,394.31, reflecting the impact of the net loss[21] - Cash and cash equivalents at the end of the period amount to ¥191,476,648.02, down from ¥288,515,578.55 at the beginning of the period, representing a decrease of approximately 33.7%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,165[13] - The largest shareholder, Xie Wei, holds 33.87% of the shares, totaling 34,680,000 shares[13] - The company has a total of 76,785,812 restricted shares, with 67,095,812 shares released during the reporting period[16] Operational Metrics - Total operating revenue for Q1 2024 reached CNY 59,143,289.60, compared to CNY 39,545,257.73 in the previous period, indicating a significant increase[22] - Total operating costs amounted to CNY 65,479,282.14, up from CNY 49,344,434.03, reflecting a rise in expenses[22] - Research and development expenses increased to CNY 11,369,519.22 from CNY 10,189,477.10, highlighting ongoing investment in innovation[22] - The company reported a 16.72% increase in selling expenses, totaling ¥7,901,016.94, mainly due to higher after-sales material costs[11] Changes in Financial Position - The company recorded a 308.59% increase in credit impairment losses, amounting to ¥1,040,261.77, attributed to a decrease in notes receivable[11] - The company experienced a 33.63% decrease in cash and cash equivalents, totaling ¥191,476,648.02, primarily due to investments in financial products[10] - Accounts receivable decreased from ¥218,191,556.18 to ¥201,842,933.86, a decline of about 7.5%[19] - Inventory increased from ¥156,579,255.45 to ¥174,055,363.75, an increase of approximately 11.1%[19] Future Outlook - The company plans to continue expanding its market presence and developing new technologies[14] - There are no changes in the participation of major shareholders in margin trading or securities lending activities[14] Audit Status - The company has not undergone an audit for the first quarter report[28]
通业科技(300960) - 2024 Q1 - 季度财报