Revenue and Profit - Revenue for Q1 2024 was CNY 713,761,963.34, a decrease of 10.37% compared to CNY 796,325,723.39 in the same period last year[10] - Net profit attributable to shareholders was CNY 12,884,234.64, down 64.13% from CNY 35,921,790.86 year-on-year[10] - Basic earnings per share decreased by 66.67% to CNY 0.05 from CNY 0.15 in the same period last year[10] - Net profit for the current period was ¥15,380,883.57, down 57.25% from ¥35,921,790.86 in the previous period[34] - Basic earnings per share decreased to ¥0.05 from ¥0.15, representing a decline of 66.67%[34] Cash Flow - Net cash flow from operating activities was CNY -220,038,139.93, a significant decline of 2,705.64% compared to CNY -7,842,716.49 in the previous year[10] - The net cash outflow from operating activities was RMB -220.04 million, compared to RMB -7.84 million in the same period last year, indicating a significant increase in cash outflow[58] - The company reported cash inflows from operating activities of approximately RMB 1.18 billion, up from RMB 846.26 million in the previous period, representing a growth of 39.2%[58] - The company’s total cash outflows from operating activities were RMB 1.40 billion, compared to RMB 854.10 million in the previous year, indicating a rise of 63.8%[58] Assets and Liabilities - Total assets at the end of the period were CNY 3,214,866,705.45, a slight increase of 0.19% from CNY 3,208,703,028.55 at the end of the previous year[10] - The total assets of the company at the end of the reporting period amounted to 3.21 billion RMB, slightly up from 3.21 billion RMB at the beginning of the period[32] - Total liabilities decreased slightly to ¥1,256,749,736.84 from ¥1,282,649,746.78, a reduction of 2.02%[33] - Current liabilities decreased from 1.26 billion RMB to 1.23 billion RMB, a decrease of about 2.51%[32] Inventory and Receivables - Inventory increased by 42.83% to CNY 1,046,499,918.51, driven by increased stocking needs[20] - Accounts receivable decreased by 46.20% to CNY 449,705,037.69, attributed to increased cash collections from customers[20] - Accounts receivable decreased significantly from 835.88 million RMB to 449.71 million RMB, a reduction of about 46.36%[30] - Inventory increased from 732.68 million RMB to 1.05 billion RMB, representing an increase of approximately 43.00%[30] Financial Expenses and Income - The company experienced a 131.55% rise in financial expenses to CNY 2,564,187.84, mainly due to foreign exchange losses[22] - The company reported a 375.19% increase in other income to CNY 10,291,177.88, primarily due to government subsidies[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 40,080, with the top ten shareholders holding a combined 70.47% of the shares[24] - The total number of shares increased from 249,157,000 to 249,744,000 due to the stock option and restricted stock incentive plan, with 811,900 stock options reserved for 26 individuals[46] Subsidiary Establishment - The company has established a subsidiary, Nanning Tengyun Zhikuan Technology Co., Ltd., with a registered capital of 20 million RMB, in which the company holds 51% equity[28] Research and Development - Research and development expenses rose to ¥43,951,124.56, up 12.83% from ¥39,280,764.13, reflecting ongoing investment in innovation[33]
智微智能(001339) - 2024 Q1 - 季度财报