神思电子(300479) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥20,125,577.38, a decrease of 79.09% compared to ¥96,243,822.24 in the same period last year[5] - The net profit attributable to shareholders was -¥40,637,112.63, representing a decline of 10,871.28% from ¥377,272.66 in the previous year[5] - The net cash flow from operating activities was -¥138,832,765.12, a decrease of 478.41% compared to -¥24,002,554.78 in the same period last year[5] - Basic and diluted earnings per share were both -¥0.2062, a drop of 10,952.63% from ¥0.0019 in the previous year[5] - Net loss for Q1 2024 was ¥43,081,147.27, compared to a net loss of ¥1,510,238.09 in Q1 2023, indicating a significant decline in profitability[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,232,323,594.62, down 7.51% from ¥1,332,337,862.32 at the end of the previous year[5] - Total liabilities decreased from ¥779,969,369.60 to ¥723,188,249.17, a reduction of 7.3%[20] - Owner's equity decreased from ¥552,368,492.72 to ¥509,135,345.45, reflecting a decline of 7.8%[20] - The company's total current assets decreased from RMB 1,163.49 million at the beginning of the period to RMB 1,067.78 million at the end of the period, a decrease of approximately 8.2%[16] - Cash and cash equivalents decreased from RMB 525.77 million to RMB 385.18 million, a decline of approximately 26.7%[16] Expenses - The company increased R&D expenses to ¥20,381,969.10, a rise of 38.25% from ¥14,742,650.62 in the same period last year[10] - The company's sales expenses rose by 35.09% to ¥14,860,533.81, compared to ¥11,000,538.59 in the previous year[10] - Total operating costs for Q1 2024 were ¥66,231,968.15, down 34.9% from ¥101,744,048.85 in Q1 2023[22] - The company paid 52,482,411.91 in employee compensation, which increased from 40,795,001.10, representing a rise of about 28.5%[25] Cash Flow - The net cash flow from operating activities was -138,832,765.12, a significant decline compared to -24,002,554.78 in the previous period, indicating a worsening cash flow situation[25] - Total cash inflow from operating activities was 55,225,230.52, down from 74,346,373.10, reflecting a decrease of approximately 25.7%[25] - Cash outflow from operating activities increased to 194,057,995.64 from 98,348,927.88, representing an increase of about 97.2%[25] - The net cash flow from investing activities was -1,686,661.62, compared to -3,018,112.70 in the previous period, showing an improvement in cash outflow[26] - The net cash flow from financing activities was -1,141,816.65, worsening from -612,686.72 in the previous period[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,246[12] - The largest shareholder, Shandong Shensi Technology Investment Co., Ltd., holds 15.42% of the shares, totaling 30,382,515 shares[12] - The company reported a total of 30,382,515 shares held by Shandong Shensi Technology Investment Co., Ltd., representing 5% or more of the total shares[13] Project Updates - The company signed a contract for the "Digital Jinan Project" with a total project amount of approximately RMB 815.65 million, expected to be completed by December 31, 2024[15] - As of the end of the reporting period, the company received all advance payments from the smart city company as per the contract, and the project is progressing as planned[15] - The company established a major project management committee to oversee the "Digital Jinan Project," ensuring comprehensive management throughout the project lifecycle[15] - The company has set up various specialized working groups to ensure the project's successful implementation and timely delivery[15]