ST曙光(600303) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 356,840,759.79, representing a year-on-year increase of 19.18%[5]. - Total operating revenue for Q1 2024 reached ¥356,840,759.79, an increase of 19.2% compared to ¥299,400,948.27 in Q1 2023[19]. - The net profit attributable to shareholders was a loss of CNY 63,747,131.89, with a basic and diluted earnings per share of -0.09 CNY[5][6]. - Net loss for Q1 2024 was ¥65,039,279.82, an improvement from a net loss of ¥73,451,546.60 in Q1 2023, representing a reduction of 11.1%[20]. - Total operating costs for Q1 2024 were ¥419,674,135.23, up 13.6% from ¥369,364,356.60 in Q1 2023[19]. - Basic and diluted earnings per share for Q1 2024 were both -¥0.09, compared to -¥0.11 in Q1 2023[21]. - Total comprehensive loss for Q1 2024 was ¥65,039,279.82, compared to a total comprehensive loss of ¥73,451,546.60 in Q1 2023[21]. Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 69,161,992.52, a decrease of 1,344.71% compared to the previous year[6][9]. - Cash flow from operating activities for Q1 2024 was negative at -¥69,161,992.52, a significant decline from positive cash flow of ¥5,556,467.69 in Q1 2023[22]. - Cash inflow from financing activities in Q1 2024 was ¥115,270,000.00, compared to ¥10,511,811.63 in Q1 2023, indicating a substantial increase[22]. - The company's cash and cash equivalents were RMB 105,628,068.30, down from RMB 115,507,283.43, indicating a decrease of approximately 7.63%[15]. - The net increase in cash and cash equivalents for Q1 2024 was $16,495,124.46, compared to a decrease of $26,977,888.45 in the same period last year[23]. - The ending balance of cash and cash equivalents as of Q1 2024 was $69,258,564.57, up from $13,260,946.41 in the previous year[23]. - The beginning balance of cash and cash equivalents for Q1 2024 was $52,763,440.11, an increase from $40,238,834.86 year-over-year[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,624,991,449.48, down 4.67% from the end of the previous year[6]. - As of March 31, 2024, total assets amounted to RMB 3,624,991,449.48, a decrease from RMB 3,802,635,877.06 as of December 31, 2023, representing a decline of approximately 4.67%[15]. - Total liabilities decreased to RMB 1,948,212,189.09 from RMB 2,060,817,336.85, reflecting a reduction of about 5.43%[17]. - The company's total equity decreased to RMB 1,676,779,260.39 from RMB 1,741,818,540.21, a decline of about 3.74%[17]. - Accounts receivable increased to RMB 402,214,501.86 from RMB 356,781,233.91, marking an increase of about 12.73%[15]. - Inventory rose to RMB 310,823,647.97 from RMB 278,310,738.34, which is an increase of approximately 11.66%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,346[11]. - The largest shareholder, Beijing Weizi West Consulting Management Center, held 14.49% of the shares, totaling 97,895,000 shares[12]. Expenses and Investments - Research and development expenses for Q1 2024 amounted to ¥14,790,626.75, up 38.8% from ¥10,709,848.88 in Q1 2023[19]. - The company reported a decrease in sales expenses to ¥12,717,856.45 in Q1 2024 from ¥14,652,696.00 in Q1 2023, a reduction of 13.2%[19]. - The company experienced a significant increase in other income, which rose to ¥3,473,301.82 in Q1 2024 from ¥173,135.39 in Q1 2023[19]. Future Outlook - The company plans to focus on increasing sales volume of complete vehicles and axles to improve profitability in the future[9].