Financial Performance - The company's revenue for Q1 2024 was CNY 42,702,226.96, representing a 33.76% increase compared to CNY 31,923,695.41 in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 10,035,667.08, an improvement of 16.36% from a loss of CNY 11,998,006.71 in the previous year[4] - Basic and diluted earnings per share improved to -CNY 0.19, a 36.67% increase from -CNY 0.30 in the previous year[4] - The company reported a total comprehensive income of -¥9,788,895.98, improving from -¥12,112,874.39 in the previous period[18] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 91.53%, amounting to CNY 9,502,456.33 compared to CNY 112,188,029.34 in the same period last year[4] - The company reported a cash balance of ¥573,501,732.42 as of March 31, 2024, an increase of 16.3% from ¥493,290,473.95 at the beginning of the period[13] - Cash and cash equivalents at the end of the period totaled ¥569,163,734.95, compared to ¥160,703,408.42 at the end of the previous period[21] - The company generated ¥175,385,438.36 in cash inflow from investment activities, a significant increase from ¥50,154,931.51 in the previous period[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,285,828,277.92, down 6.51% from CNY 1,375,293,394.28 at the end of the previous year[4] - Total liabilities decreased to ¥240,532,061.10 from ¥320,208,281.48, a decline of 25%[14] - The company’s total current liabilities decreased to ¥230,383,571.29 from ¥309,884,530.84, a decline of 25.6%[14] - The company’s equity decreased to ¥1,045,296,216.82 from ¥1,055,085,112.80, a decrease of 0.9%[14] Shareholder Information - The company recorded a total of 8,241 common shareholders at the end of the reporting period[10] - The largest shareholder, Li Xiaohua, holds 30.81% of the shares, totaling 16,432,000 shares[10] Operational Metrics - Total operating revenue for the current period reached ¥42,702,226.96, an increase of 33.9% compared to ¥31,923,695.41 in the previous period[16] - Total operating costs increased to ¥65,192,545.09, up from ¥60,590,612.59, reflecting a rise of 9.5%[16] - Research and development expenses were ¥20,397,290.45, which is a 19.9% increase from ¥17,146,958.86 in the previous period[16] Accounts Receivable and Inventory - Accounts receivable decreased to ¥193,063,607.44 from ¥347,657,537.80, representing a decline of 44.7%[13] - Inventory increased to ¥206,728,944.75, up 28.9% from ¥160,404,063.64[13] - The company reported a significant increase in accounts receivable financing by 150.21%, reaching CNY 21,101,010.71 compared to CNY 8,433,200.91 in the previous year[8] - The company experienced a 56.68% decrease in trading financial assets, which amounted to CNY 72,112,761.64, down from CNY 166,479,112.31[8] Non-Current Assets and Borrowings - The company’s non-current assets increased to ¥193,106,053.24 from ¥185,146,545.25, an increase of 4.9%[14] - The company’s short-term borrowings stood at ¥20,000,000.00 as of March 31, 2024[14] - The company’s retained earnings decreased to ¥325,611,508.42 from ¥335,647,175.50, a decrease of 3%[14]
智信精密(301512) - 2024 Q1 - 季度财报