Financial Performance - Net profit attributable to shareholders increased by 69.44% to ¥6,885,698.26 year-on-year[12] - Operating income rose by 3.03% to ¥150,402,886.79 compared to the same period last year[12] - The company's basic earnings per share increased by 75.00% to ¥0.14[12] - Net profit for Q1 2024 was ¥6,698,872.07, up from ¥3,661,496.56 in Q1 2023, reflecting a significant increase of approximately 83.5%[46] - Basic earnings per share for Q1 2024 was ¥0.14, compared to ¥0.08 in Q1 2023, representing a growth of 75%[46] - The total comprehensive income for Q1 2024 was approximately ¥4.97 million, compared to ¥4.60 million in Q1 2023[49] Assets and Liabilities - Total assets decreased by 4.52% to ¥587,237,132.81 compared to the end of last year[12] - The company's total liabilities to assets ratio (consolidated) improved to 51.57% from 54.83%[12] - Total current assets decreased from CNY 451.30 billion to CNY 386.15 billion, a decline of approximately 14.4%[38] - Total liabilities decreased from CNY 337.26 billion to CNY 302.83 billion, a decrease of about 10.2%[40] - The total assets amounted to ¥434,095,000.67, a decrease from ¥447,281,577.03 in the previous period[43] - Total liabilities decreased from ¥186,888,788.89 to ¥168,730,483.35, showing a reduction of about 9.7%[43] - Total equity increased from CNY 277.79 billion to CNY 284.41 billion, an increase of approximately 2.4%[40] - The total equity increased to ¥265,364,517.32 from ¥260,392,788.14, marking a growth of approximately 1.4%[43] Cash Flow - The net cash flow from operating activities decreased by 47.46% to ¥2,260,670.17[14] - Cash flow from operating activities for Q1 2024 was approximately ¥2.26 million, down 47% from ¥4.30 million in Q1 2023[50] - Cash flow from investing activities showed a net outflow of approximately ¥29.36 million in Q1 2024, compared to a net outflow of ¥23.85 million in Q1 2023[52] - Cash flow from financing activities resulted in a net outflow of approximately ¥5.42 million in Q1 2024, compared to a net inflow of ¥13.72 million in Q1 2023[52] Investments and Expenditures - The construction in progress increased significantly by 548.90% to ¥45,731,577.26 due to investments in the production and R&D base[13] - The company plans to invest ¥53,517,197.94 in the construction of a new R&D base in Gansu, scheduled for January 2024[30] - Research and development expenses for Q1 2024 were ¥6,678,476.72, down from ¥7,306,455.33 in Q1 2023, indicating a decrease of about 8.6%[44] - Research and development expenses decreased to approximately ¥2.66 million in Q1 2024 from ¥3.85 million in Q1 2023, a reduction of 31%[48] Shareholder Information - Major shareholders include Cai Jinzhu with 24.75% and Qiu Shouqing with 20.85% of shares[21] - The total shares held by the top ten shareholders account for 69.15% of the company[22] - Cai Jinzhu and Qiu Shouqing are identified as acting in concert, jointly controlling the company[22] - There are no pledged or judicially frozen shares among major shareholders[23] Legal and Compliance - The company has ongoing litigation as a plaintiff with a cumulative amount of ¥4,555,228.20, representing 1.72% of the total net assets[26] - The company has fulfilled its commitment regarding the public issuance of shares and listing on the Beijing Stock Exchange[31] - The company has not reported any significant adverse effects from the restricted assets on its normal business operations[33] Other Financial Metrics - Non-recurring gains and losses totaled ¥2,051,847.40 for the period[16] - The weighted average return on net assets increased to 2.63% from 1.56%[12] - The investment income decreased significantly by 85.35% to ¥93,089.06 compared to the previous year[14] - The company reported a credit impairment loss of ¥401,565.60 in Q1 2024, compared to a loss of ¥371,129.75 in Q1 2023[46]
鑫汇科(831167) - 2024 Q1 - 季度财报