友车科技(688479) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥143,201,663.15, representing a decrease of 14.36% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥32,014,502.39, down 11.81% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 36.85% to ¥20,229,316.27[5]. - The basic earnings per share (EPS) was ¥0.22, reflecting a decline of 37.14% compared to the previous year[6]. - The company's revenue for Q1 2024 was CNY 143,201,663.15, a decrease of approximately 14.4% compared to CNY 167,211,119.13 in Q1 2023[20]. - The net profit for Q1 2024 was CNY 32,014,502.39, down from CNY 36,302,685.14 in Q1 2023, representing a decline of about 11.8%[21]. - Operating expenses increased, with R&D expenses rising to CNY 21,267,533.82 from CNY 19,989,355.27, marking an increase of approximately 6.4%[20]. - The company's basic earnings per share for Q1 2024 was CNY 0.22, compared to CNY 0.35 in Q1 2023, reflecting a decrease of about 37.1%[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,176,709,441.68, a decrease of 0.84% from the end of the previous year[6]. - The total liabilities decreased to CNY 232,922,957.23 from CNY 283,865,775.08, a reduction of about 17.9%[19]. - The company reported a total current assets of RMB 1,873,564,751.56 as of March 31, 2024, a decrease from RMB 2,025,188,293.41 on December 31, 2023, representing a decline of approximately 7.5%[17]. - The company’s total non-current assets increased to CNY 303,144,690.12 from CNY 169,947,464.22, showing a growth of approximately 78.5%[19]. Cash Flow - The company reported a net cash flow from operating activities of -¥12,422,595.98, indicating a negative cash flow situation[5]. - Cash flow from operating activities was CNY 121,895,802.34, down from CNY 170,170,448.54 in Q1 2023, indicating a decline of approximately 28.3%[22]. - The net cash flow from operating activities for Q1 2024 was -$12,422,595.98, compared to -$13,072,480.82 in Q1 2023, indicating a slight improvement[23]. - The net cash flow from investment activities was -$1,228,194,736.66, worsening from -$408,924,315.07 year-over-year[23]. - The total cash and cash equivalents at the end of Q1 2024 were $208,066,471.51, a decrease from $132,100,242.91 in Q1 2023[23]. - The net increase in cash and cash equivalents for the quarter was -$1,241,388,226.05, compared to -$423,913,361.19 in Q1 2023, highlighting a significant cash drain[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,185[11]. - The company holds 81,180,000 shares, representing 56.25% of the total shares, making it the largest shareholder[12]. - The second-largest shareholder, Huzhou Teyou Investment Management Center, holds 5,920,000 shares, accounting for 4.10%[12]. - The company has 0 shares pledged or frozen among the top shareholders, indicating no immediate liquidity concerns[12]. - There are no significant changes in the shareholding structure due to margin trading activities during the reporting period[14]. Government Support and R&D - The company received government subsidies amounting to ¥7,506,761.92 during the reporting period[7]. - Research and development (R&D) expenses totaled ¥21,267,533.82, accounting for 14.85% of operating revenue, an increase of 2.90 percentage points year-over-year[6]. Financial Position and Accounting - The company has not adopted new accounting standards for the first quarter of 2024, maintaining consistency in financial reporting[24]. - The company reported a financial income of CNY 3,293,129.19 in Q1 2024, compared to a financial expense of CNY 623,007.06 in Q1 2023, indicating a significant turnaround[20].