Financial Performance - The company's revenue for Q1 2024 was ¥97,968,755.56, representing a 1.56% increase compared to ¥96,461,537.86 in the same period last year[5]. - The net profit attributable to shareholders was -¥12,612,706.31, a decrease of 211.82% from ¥11,279,619.11 in the previous year[5]. - The net loss for Q1 2024 was CNY 13,588,749.61, compared to a net profit of CNY 10,616,798.22 in Q1 2023[18]. - Basic and diluted earnings per share were both -¥0.08, a decline of 214.29% compared to ¥0.07 in the previous year[5]. - The total operating revenue for Q1 2024 was CNY 97,968,755.56, an increase of 1.56% compared to CNY 96,461,537.86 in Q1 2023[17]. - The total operating costs rose to CNY 114,499,789.70, up 9.52% from CNY 105,006,691.17 in the previous year[18]. - The company's total assets increased to CNY 2,309,913,751.04, up from CNY 2,286,365,461.55 at the end of Q1 2023[16]. - The total equity attributable to shareholders of the parent company decreased to CNY 1,578,017,215.04 from CNY 1,591,601,412.25[16]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥6,758,828.26, down 115.87% from ¥42,583,966.42 in the same period last year[5]. - The company's cash flow from operating activities showed a significant decline, impacting overall liquidity[20]. - Cash inflow from operating activities totaled 97,072,092.71, down 28.9% from 136,503,569.57 in the prior period[21]. - Cash outflow from operating activities increased to 103,830,920.97, compared to 93,919,603.15 in the previous period, reflecting higher operational costs[21]. - The ending cash and cash equivalents balance was 156,949,813.17, a decrease from 472,509,562.53 in the previous period, indicating a liquidity contraction[22]. - The company reported a cash outflow of 40,025,929.51 for the purchase of fixed assets, down from 94,879,100.39 in the previous period, showing reduced capital expenditures[22]. - The company received 2,254,213.36 in tax refunds, a decrease from 9,108,619.52 in the previous period, impacting cash inflows[21]. - The company did not report any cash inflow from investment income or asset disposals during the current period, contrasting with previous cash inflows from these activities[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,309,913,751.04, an increase of 1.03% from ¥2,286,285,717.14 at the end of the previous year[5]. - The total liabilities rose to CNY 720,725,759.02, compared to CNY 682,647,635.86 in the previous year[16]. - The company's cash and cash equivalents decreased to ¥169,890,313.54 from ¥186,407,810.31, representing a decline of approximately 8.1%[14]. - Accounts receivable increased to ¥491,233,997.73 from ¥474,422,147.63, showing a growth of about 3.5%[14]. - Inventory rose to ¥39,118,715.89 from ¥34,032,024.20, indicating an increase of approximately 15%[14]. - Total current assets amounted to ¥968,886,705.16, up from ¥938,944,176.79, reflecting a growth of about 3.2%[14]. - Long-term equity investments slightly decreased to ¥53,434,643.16 from ¥53,502,850.70, a decline of about 0.1%[14]. - Fixed assets decreased to ¥745,295,577.68 from ¥748,803,821.72, representing a reduction of approximately 0.5%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,034[9]. - The largest shareholder, Shanghai Baichuan Changyin Industrial Co., Ltd., holds 35.05% of the shares, with 56,226,000 shares pledged[9]. - The company reported a total of 1,696,109 shares held by Shanghai Pengwang Investment Management Center, accounting for 1.06% of total shares[10]. - The company has not reported any changes in the participation of major shareholders in margin trading activities[12]. Future Outlook and Strategy - The company is focusing on expanding its market presence and developing new technologies, although specific figures were not disclosed in the report[11]. - The company plans to focus on market expansion and new product development to improve future performance[20].
百川畅银(300614) - 2024 Q1 - 季度财报