Delinhai(SH:688069)2024-04-26 10:34Financial Performance - The company's operating revenue for Q1 2024 was CNY 38,244,147.95, representing a year-on-year increase of 23.15%[6] - The net profit attributable to shareholders was CNY -2,879,043.11, and the net profit after deducting non-recurring gains and losses was CNY -5,428,201.43[6] - The net cash flow from operating activities was CNY -21,806,109.87, indicating a negative cash flow situation[6] - The basic and diluted earnings per share were both CNY -0.03, reflecting a loss situation[6] - The weighted average return on net assets was -0.20%, an increase of 0.84 percentage points year-on-year[6] - The total operating revenue for Q1 2024 was CNY 38,244,147.95, an increase of 23.5% compared to CNY 31,055,189.83 in Q1 2023[27] - The total operating costs for Q1 2024 were CNY 34,774,801.30, up 27.2% from CNY 27,350,064.98 in Q1 2023[27] - The net profit for Q1 2024 was a loss of CNY 2,776,836.48, an improvement from a loss of CNY 15,273,425.53 in Q1 2023[28] - The company incurred a net loss attributable to the parent company of -2,879,043.11 RMB, compared to a loss of -15,273,417.11 RMB in Q1 2023[29] - Basic and diluted earnings per share were both -0.03 RMB, an improvement from -0.14 RMB in the previous year[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,685,118,205.59, a slight increase of 0.15% from the end of the previous year[7] - The equity attributable to shareholders decreased by 3.53% to CNY 1,376,331,485.42 compared to the end of the previous year[7] - The total liabilities for Q1 2024 were CNY 305,256,091.33, compared to CNY 252,567,809.71 in Q1 2023, reflecting an increase of 20.9%[25] - The company's total assets as of Q1 2024 amounted to CNY 1,685,118,205.59, slightly up from CNY 1,682,647,670.31 in the previous year[26] Cash Flow - As of March 31, 2024, the company's cash and cash equivalents amounted to CNY 204.05 million, a decrease from CNY 219.59 million at the end of 2023[23] - The cash and cash equivalents increased to CNY 1,339,724,249.84 in Q1 2024, compared to CNY 1,335,595,212.73 in Q1 2023[26] - Cash inflow from investment activities was 303,696,161.64 RMB, significantly higher than 212,402,202.74 RMB in Q1 2023[32] - The net cash flow from investment activities was 3,778,645.07 RMB, a turnaround from -160,385,012.24 RMB in the same quarter last year[32] - Cash and cash equivalents decreased by 20,755,916.33 RMB during the quarter, compared to a decrease of 244,554,557.63 RMB in Q1 2023[32] Research and Development - Research and development expenses totaled CNY 4,517,503.22, accounting for 11.81% of operating revenue, a decrease of 6.16 percentage points compared to the previous year[7] - Research and development expenses for Q1 2024 were CNY 4,517,503.22, down from CNY 5,579,534.54 in Q1 2023, indicating a reduction of 19%[27] - The company achieved significant progress in the development of high-pressure AEM electrolysis systems, with three patent applications submitted[20] - The company plans to complete international TüV certification for its AEM high-pressure electrolysis system in 2024 and explore commercialization pathways[21] Contracts and Projects - As of the report date, the company has approximately CNY 608 million in hand orders, including projects for algae control and water quality improvement totaling CNY 190.575 million[15] - The company has received a prepayment of CNY 45.1742 million for the Meiliang Lake blue algae offshore control project, which is 91% completed and expected to be finished by the end of June[16] - The company successfully signed its first operation and maintenance order for the Guangdong Xinfengjiang River Health Management Station, focusing on water quality monitoring and analysis[17] - The company marked its first commercial application of "pollution sediment precision governance technology" by winning a bid for the second phase of the Yilong Lake plant debris cleaning project[18] - The company won a contract for steam supply for a smart factory producing 200,000 tons of dairy products, with the final contract amount pending[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,738[13] Employee Compensation - The company paid 21,007,456.36 RMB in employee compensation, an increase from 17,961,037.11 RMB in the previous year[32] Financing Activities - The company raised 61,000,000.00 RMB through borrowings, compared to only 1,000,000.00 in Q1 2023[32] - The total cash outflow from financing activities was 63,728,451.53 RMB, up from 53,100,177.78 RMB in the same period last year[32]