朗科科技(300042) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥222,349,801.01, a decrease of 35.15% compared to ¥342,865,294.10 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥4,226,482.87, representing a decline of 157.98% from a profit of ¥7,289,785.24 in Q1 2023[4] - Total operating revenue for Q1 2024 was ¥222,349,801.01, a decrease of 35.2% compared to ¥342,865,294.10 in the same period last year[26] - Net profit for Q1 2024 was a loss of ¥5,392,327.44, compared to a profit of ¥7,289,785.24 in Q1 2023, representing a significant decline[27] - The total comprehensive income attributable to the parent company was negative CNY 4.20 million, compared to a positive CNY 4.73 million in Q1 2023[31] - Basic and diluted earnings per share were both negative CNY 0.0211, down from positive CNY 0.0364 in the same quarter last year[31] Cash Flow - The net cash flow from operating activities was negative at ¥78,473,486.60, a significant decrease of 1,331.69% compared to -¥5,481,175.19 in the previous year[4] - The net cash flow from investing activities was negative CNY 408.27 million, compared to negative CNY 205.74 million in the previous year[31] - The net cash flow from financing activities was positive at ¥95,572,844.98, a significant increase of 7,366.23% compared to -¥1,315,301.17 in Q1 2023, primarily due to increased short-term bank loans[10] - The total cash inflow from operating activities was CNY 297.30 million, while total cash outflow was CNY 375.77 million[31] - The cash and cash equivalents decreased to ¥240,352,868.10 from ¥630,918,285.89, indicating a reduction of 61.9%[22] Assets and Liabilities - Total assets increased by 6.20% to ¥1,458,218,093.90 from ¥1,373,141,059.44 at the end of the previous year[4] - Current liabilities rose to ¥309,134,918.28, up 34.1% from ¥230,526,191.70 at the start of the year[24] - The total equity attributable to shareholders decreased slightly to ¥1,125,162,700.21 from ¥1,129,359,222.11, a decline of 0.4%[24] - Inventory increased to ¥356,989,522.47, up 27.8% from ¥279,501,683.09 at the beginning of the period[22] Expenses - The company reported a 54.87% increase in management expenses, totaling ¥13,300,399.32, due to new business setup costs[9] - Research and development expenses decreased by 42.63% to ¥5,476,584.41, as some costs were reclassified to sales and management expenses[9] - Research and development expenses for Q1 2024 were ¥5,476,584.41, down 42.5% from ¥9,545,872.63 in the previous year[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,070[11] - The largest shareholder, Shaoguan City Urban Investment Development Group Co., Ltd., holds 24.89% of shares, totaling 49,875,000 shares[11] - Shareholder Deng Guoshun holds 9.16% of shares, totaling 18,358,530 shares, and plans to reduce his holdings by up to 4,589,630 shares (2.29% of total shares) within three months[18] - There are no changes in the top 10 shareholders due to securities lending activities[12] - The company reported no changes in the number of preferred shareholders or their holdings[12] Legal and Governance - The company faced legal challenges regarding its patent rights, with a recent ruling upholding the validity of its patent[14][16] - The company held its first temporary shareholders' meeting in 2024 to approve the re-election of the board and supervisory committee[17] - The company continues to monitor and respond to ongoing litigation related to its intellectual property[15] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[20] - The company has not undergone an audit for the Q1 2024 report[33]