唯赛勃(688718) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥76,064,884.24, representing a decrease of 14.75% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥3,702,592.07, down 46.78% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 42.00% to ¥2,866,423.98[5]. - Basic earnings per share were ¥0.02131, reflecting a decrease of 46.78%[5]. - The total profit for Q1 2024 is CNY 3,516,727.94, a decrease from CNY 7,689,706.71 in Q1 2023, representing a decline of approximately 54.4%[22]. - The net profit for Q1 2024 is CNY 2,900,569.95, down from CNY 6,957,674.91 in Q1 2023, indicating a decrease of about 58.4%[22]. - The total comprehensive income for Q1 2024 is CNY 2,931,799.49, down from CNY 7,578,997.39 in Q1 2023, representing a decrease of approximately 61.3%[22]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥2,714,558.74, a decline of 52.36% compared to the previous year[5]. - The operating cash flow for Q1 2024 is CNY 66,219,450.30, compared to CNY 71,209,747.08 in Q1 2023, reflecting a decline of approximately 7.0%[24]. - The net cash flow from operating activities is -CNY 2,714,558.74 for Q1 2024, worsening from -CNY 1,781,709.66 in Q1 2023[24]. - The cash flow from investing activities shows a net outflow of -CNY 5,910,349.76 in Q1 2024, compared to -CNY 10,474,249.38 in Q1 2023, indicating an improvement of about 43.5%[25]. - The cash and cash equivalents at the end of Q1 2024 amount to CNY 62,899,712.63, down from CNY 103,041,501.47 at the end of Q1 2023, a decrease of approximately 38.9%[25]. - The company's cash and cash equivalents decreased to RMB 62,901,706.07 from RMB 79,475,512.61 at the end of 2023[16]. - As of March 31, 2024, the total assets amounted to RMB 849,743,056.57, a decrease from RMB 873,201,564.64 at the end of 2023[17]. Operational Challenges - The decrease in operating revenue and net profit was primarily due to the relocation of the composite material pressure tank production base from Shanghai to Huzhou, Zhejiang, causing temporary capacity reduction and delayed order deliveries[9]. - The company experienced a significant impact on Q1 performance due to the relocation of its composite material pressure tank production base, resulting in temporary capacity constraints and increased employee severance payments[14]. - The company has resumed production capacity and stabilized operations, with normal order deliveries following the relocation[14]. Research and Development - Total R&D investment amounted to ¥7,322,013.23, which is 9.63% of operating revenue, an increase of 2.05 percentage points[6]. Liabilities and Receivables - The total liabilities decreased to RMB 89,234,816.55 from RMB 107,516,843.11 at the end of 2023[18]. - Accounts receivable as of March 31, 2024, were RMB 67,879,986.90, down from RMB 72,508,640.66 at the end of 2023[16]. - The company reported a significant increase in prepayments, which rose to RMB 7,469,908.24 from RMB 3,903,143.55 at the end of 2023[16].