Financial Performance - The company's revenue for Q1 2024 was ¥67,747,614.61, a decrease of 5.24% compared to ¥71,496,300.64 in the same period last year[5] - Net profit attributable to shareholders was ¥23,383,514.84, down 25.62% from ¥31,439,588.64 year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥18,631,595.12, reflecting a decline of 26.13% from ¥25,221,766.82 in the previous year[5] - Basic and diluted earnings per share were both ¥0.018, down 25.00% from ¥0.024 in the previous year[5] - Total operating revenue for Q1 2024 was ¥67,747,614.61, a decrease of 5.4% from ¥71,496,300.64 in the previous year[14] - Net profit for Q1 2024 was ¥23,383,514.84, down 25.7% from ¥31,439,588.64 in the same period last year[15] - The total comprehensive income for the first quarter of 2024 was CNY 23,383,514.84, compared to CNY 31,439,588.64 in the same period last year, reflecting a decrease of approximately 25.6%[16] - Basic and diluted earnings per share for the first quarter were both CNY 0.018, down from CNY 0.024 in the previous year, indicating a decline of 25%[16] Cash Flow and Assets - Operating cash flow for the period increased by 28.28% to ¥11,217,907.64, compared to ¥8,744,577.98 in the same quarter last year[5] - Cash inflow from operating activities totaled CNY 49,056,512.03, an increase from CNY 45,725,454.37 in the previous year, representing a growth of about 7.2%[19] - The net cash flow from operating activities was CNY 11,217,907.64, compared to CNY 8,744,577.98 in the same period last year, marking an increase of approximately 28.3%[19] - Cash inflow from investment activities was CNY 393,573,694.84, down from CNY 594,012,901.69 in the previous year, reflecting a decrease of about 33.8%[19] - The net cash flow from investment activities was -CNY 28,520,608.16, compared to CNY 16,393,524.07 in the previous year, indicating a significant decline[19] - Cash and cash equivalents decreased to ¥136,478,813.55 from ¥155,290,816.70, a decline of 12.1%[12] - The cash and cash equivalents decreased by CNY 18,902,700.52 during the quarter, contrasting with an increase of CNY 24,844,102.05 in the same period last year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,441,552,045.37, a slight increase of 0.37% from ¥3,429,029,157.68 at the end of the previous year[5] - Total current assets decreased to ¥948,516,057.59 from ¥1,006,923,457.34, a decline of 5.8%[12] - Total non-current assets increased to ¥2,493,035,987.78 from ¥2,422,105,700.34, an increase of 2.9%[12] - Total liabilities decreased to ¥598,109,648.30 from ¥608,970,275.45, a reduction of 1.4%[13] Shareholder Information - The company reported a total of 36,676 common shareholders at the end of the reporting period[8] - The largest shareholder, China Automotive Technology Research Center Co., Ltd., holds 41.97% of the shares, totaling 555,000,000 shares[8] Research and Development - The company reported R&D expenses of ¥3,605,437.78, an increase of 37.9% compared to ¥2,612,971.15 in the previous year[15] Government Subsidies - The company received government subsidies amounting to ¥1,663,010.21 during the reporting period, which positively impacted its financial performance[6] Other Information - The company has not undergone an audit for the first quarter report[21] - The report indicates that the company will implement new accounting standards starting from 2024[21]
中汽股份(301215) - 2024 Q1 - 季度财报