保立佳(301037) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥483,956,273.87, a decrease of 13.25% compared to ¥557,861,952.13 in the same period last year[5] - The net loss attributable to shareholders was ¥27,062,758.85, representing a decline of 77.45% from a loss of ¥15,251,311.17 in the previous year[5] - Basic and diluted earnings per share were both ¥-0.27, down 80.00% from ¥-0.15 in Q1 2023[5] - Total operating revenue for Q1 2024 was CNY 483,956,273.87, a decrease of 13.24% compared to CNY 557,861,952.13 in Q1 2023[20] - Net loss for Q1 2024 was CNY 27,057,903.58, compared to a net loss of CNY 15,188,437.87 in Q1 2023, representing an increase in loss of 78.57%[21] - The basic and diluted earnings per share for Q1 2024 were both CNY -0.27, compared to CNY -0.15 in Q1 2023, reflecting worsening financial performance[22] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥105,143,354.89, a significant decrease of 223.38% compared to a positive cash flow of ¥85,217,292.86 in the same period last year[5] - The company's cash flow from operating activities showed a significant decline, impacting liquidity and operational flexibility[23] - Cash inflow from operating activities totaled 281,933,497.79, down from 460,433,603.50, reflecting a decrease of approximately 38.8%[24] - Cash outflow from operating activities increased to 387,076,852.68 from 375,216,310.64, resulting in a net cash outflow increase[24] - The ending cash and cash equivalents balance was 156,975,457.47, up from 108,495,190.34, reflecting a net increase in liquidity[25] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,370,448,314.15, a decrease of 1.99% from ¥2,418,685,812.82 at the end of the previous year[5] - Current liabilities totaled CNY 1,427,481,842.97, slightly down from CNY 1,446,964,369.32, a decrease of 1.08%[19] - The total equity attributable to shareholders decreased to CNY 774,132,069.67 from CNY 801,277,426.56, a drop of 3.39%[19] Inventory and Receivables - The company's inventory increased by 53.27% to ¥296,195,623.61, attributed to increased stockpiling[9] - Accounts receivable decreased by 59.26% to ¥24,686,686.02, mainly due to reduced bank acceptance receipts[9] - Accounts receivable decreased to ¥447,810,355.56 from ¥576,197,514.47, representing a reduction of about 22.3%[17] - Inventory increased to ¥296,195,623.61 from ¥193,247,988.31, showing an increase of approximately 53.4%[17] Impairment and Losses - The company reported a significant increase in impairment losses on assets, with a change of 9016.67% to ¥-2,069,911.61, primarily due to increased inventory write-downs[11] - The company reported a significant increase in credit impairment losses, amounting to CNY 2,727,197.69, compared to CNY 6,925,675.87 in the previous year[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,664[15] - The largest shareholder, Yang Wenyu, holds 51.68% of the shares, totaling 51,731,900 shares[15] Government Support and R&D - The company received government subsidies amounting to ¥212,253.65, which were closely related to its normal business operations[6] - Research and development expenses increased to CNY 15,482,553.70, up from CNY 14,729,893.28, indicating a focus on innovation despite financial losses[20] Strategic Developments - There are no new strategies or significant events reported in the quarter[16] - The company has not disclosed any new product developments or technological advancements in this report[16] - No mergers or acquisitions have been mentioned in the current quarter's report[16]