Financial Performance - The company's revenue for Q1 2024 was ¥406,808,451.89, a decrease of 19.45% compared to ¥505,025,965.36 in the same period last year[5] - Net profit attributable to shareholders was ¥34,192,414.53, down 38.12% from ¥55,253,163.88 year-on-year[5] - Basic and diluted earnings per share decreased by 38.75% to ¥0.49 from ¥0.80 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 406,808,451.89, a decrease of 19.4% compared to CNY 505,025,965.36 in the same period last year[21] - The company's net profit for Q1 2024 was CNY 34,007,527.71, a decrease of 38.5% compared to CNY 55,252,857.90 in Q1 2023[22] - Operating profit for Q1 2024 was CNY 35,678,290.51, down 43.0% from CNY 62,604,789.69 in Q1 2023[22] Cash Flow and Investments - The net cash flow from operating activities increased significantly by 342.17%, reaching ¥180,621,199.51 compared to ¥40,848,388.95 in Q1 2023[5] - The company experienced a 1382.22% increase in cash flow from investing activities, totaling ¥41,052,972.00 compared to -¥3,201,719.72 in Q1 2023[9] - The company generated operating cash flow of CNY 180,621,199.51, significantly up from CNY 40,848,388.95 in the same period last year[26] - The total investment cash inflow was CNY 201,297,066.30, with a net cash flow from investment activities of CNY 41,052,972.00[26] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,276,762,887.36, a decline of 3.59% from ¥2,361,427,186.23 at the end of the previous year[5] - Total liabilities decreased to CNY 572,580,060.25 from CNY 691,251,886.83, a reduction of 17.2%[19] - The company’s current liabilities decreased to CNY 471,408,723.00 from CNY 606,860,831.12, a decrease of 22.3%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,480[11] - The largest shareholder, Chen Longfa, holds 32.08% of the shares, totaling 22,242,090 shares[11] - The second-largest shareholder, Chen Xi, holds 17.76% of the shares, totaling 12,315,810 shares[11] - The top 10 shareholders collectively hold significant stakes, with the largest four shareholders accounting for over 58% of the total shares[11] - There are no changes in the number of restricted shares for major shareholders during the reporting period[13] - The total number of restricted shares at the end of the period is 43,144,037 shares, with 58,538 shares released from restriction[14] - The company has no preferred shareholders or changes in preferred shareholder status reported[12] - The company plans to maintain its current shareholder structure without any immediate changes in shareholding policies[12] Operational Highlights - The company continues to focus on its core business without any new product launches or major strategic shifts reported in this quarter[12] - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[15] - Research and development expenses increased to CNY 34,152,122.42, up 24.5% from CNY 27,423,969.94 in the previous year[22] Other Financial Metrics - The weighted average return on equity decreased to 2.03% from 3.44% year-on-year[5] - The company reported a significant increase in investment income, rising by 11,263.93% to ¥1,532,345.93 from ¥13,484.29 in the previous year[9] - Cash and cash equivalents increased to CNY 1,217,056,264.25 from CNY 1,005,307,666.08, representing a growth of 21.1%[17] - Accounts receivable decreased significantly to CNY 177,573,216.72 from CNY 375,420,832.63, a reduction of 52.8%[17] - Inventory decreased to CNY 347,290,258.50 from CNY 411,784,694.42, reflecting a decline of 15.7%[18] - Total equity attributable to shareholders increased to CNY 1,705,028,883.95 from CNY 1,670,836,469.42, an increase of 2.0%[19] - The company incurred a total of CNY 8,165,183.21 in management expenses, a decrease of 16.6% from CNY 9,801,260.71 in the previous year[22]
菲菱科思(301191) - 2024 Q1 - 季度财报