Financial Performance - The company's operating revenue for Q1 2024 was ¥110,072,843.29, representing a year-on-year increase of 7.95%[5] - The net profit attributable to shareholders for the same period was ¥14,745,397.65, reflecting a growth of 4.21% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses decreased by 14.59%, amounting to ¥10,351,340.30[5] - The basic and diluted earnings per share were both ¥0.0369, showing an increase of 4.24% year-on-year[6] - Total revenue for Q1 2024 reached ¥110,072,843.29, an increase of 7.9% compared to ¥101,965,867.56 in Q1 2023[17] - Net profit for Q1 2024 was ¥14,745,397.65, representing a 4.2% increase from ¥14,150,249.80 in Q1 2023[18] - In Q1 2024, the company reported a total comprehensive income of ¥14,745,397.65, an increase from ¥14,150,249.80 in Q1 2023, representing a growth of approximately 4.2%[19] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0369, compared to ¥0.0354 in Q1 2023, indicating an increase of about 4.2%[19] Research and Development - The total R&D investment for the quarter was ¥24,650,706.82, which is a decrease of 19.87% compared to the previous year[6] - R&D expenses accounted for 22.39% of operating revenue, down by 7.78 percentage points year-on-year[6] - Research and development expenses for Q1 2024 were ¥22,547,685.94, down 9.4% from ¥24,876,396.77 in Q1 2023[18] Assets and Liabilities - The company's total assets at the end of the quarter were ¥1,714,301,696.89, a decrease of 0.90% from the end of the previous year[6] - The equity attributable to shareholders increased by 1.10% to ¥1,358,760,014.94 compared to the end of the previous year[6] - Total assets as of March 31, 2024, were ¥1,714,301,696.89, slightly down from ¥1,729,896,487.03 at the end of 2023[15] - Total liabilities decreased to ¥355,541,681.95 from ¥385,881,869.74, a decline of 7.9%[15] Cash Flow - The net cash flow from operating activities was negative at -¥19,666,281.03[5] - Cash inflows from operating activities totaled ¥128,176,013.47 in Q1 2024, up from ¥90,787,852.41 in Q1 2023, reflecting a growth of approximately 41.1%[21] - The net cash flow from operating activities was -¥19,666,281.03 in Q1 2024, an improvement from -¥44,752,786.86 in Q1 2023, showing a reduction in losses[22] - Cash and cash equivalents decreased to ¥232,115,579.12 as of March 31, 2024, down from ¥287,337,588.44 at the end of 2023, a decline of 19.2%[13] - Cash and cash equivalents at the end of Q1 2024 were ¥164,374,490.25, down from ¥318,568,806.59 at the end of Q1 2023, a decrease of approximately 48.3%[23] - The company experienced a net cash outflow from investing activities of -¥34,015,461.38 in Q1 2024, compared to a significant inflow of ¥222,882,193.00 in Q1 2023[22] - The company reported cash outflows from financing activities of -¥125,925.00 in Q1 2024, indicating minimal financing activity during the period[23] - The total cash flow for the period was negatively impacted by ¥53,807,667.41, contrasting with a positive increase of ¥178,129,406.14 in Q1 2023[23] - The company received cash from other operating activities amounting to ¥7,361,698.70 in Q1 2024, compared to ¥4,393,663.78 in Q1 2023, marking an increase of approximately 67.5%[22] Strategic Outlook - The company aims to enhance its market position through strategic investments and operational improvements in the upcoming quarters[20]
山大地纬(688579) - 2024 Q1 - 季度财报