正元智慧(300645) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥191,397,876.35, representing a 15.84% increase compared to ¥165,228,044.94 in the same period last year[6] - The net loss attributable to shareholders was ¥10,501,618.42, which is a 26.49% increase from a loss of ¥8,302,293.99 in the previous year[6] - The company's basic and diluted earnings per share were both -¥0.07, a decrease of 16.67% from -¥0.06 in the same period last year[6] - The net profit for Q1 2024 was -12,558,132.76 CNY, compared to -11,949,147.43 CNY in Q1 2023, indicating a year-over-year decline of approximately 5.1%[31] - The total comprehensive income for Q1 2024 was -12,845,997.72 CNY, compared to -11,744,389.96 CNY in Q1 2023, representing a decline of approximately 9.4%[31] Cash Flow - The net cash flow from operating activities was -¥150,473,813.30, a decline of 7.60% from -¥139,848,961.12 in the same period last year[6] - Cash received from operating activities increased by 58.64% to ¥28,912,653.56, mainly due to an increase in recovered deposits and project reserve funds[16] - The cash flow from investing activities was -61,965,991.66 CNY, compared to -165,814,758.95 CNY in the previous year, showing an improvement in cash outflow[34] - The cash flow from financing activities resulted in a net outflow of -63,014,882.64 CNY, contrasting with a net inflow of 91,453,394.23 CNY in Q1 2023[34] Assets and Equity - The total assets decreased by 5.44% to ¥2,655,664,063.19 from ¥2,808,418,266.56 at the end of the previous year[6] - The company's total equity attributable to shareholders decreased by 4.11% to ¥1,077,164,530.67 from ¥1,123,282,697.81 at the end of the previous year[6] - The company's equity attributable to shareholders decreased from RMB 1.12 billion to RMB 1.08 billion, reflecting a decline in retained earnings[28] Expenses - The total operating costs for the first quarter of 2024 were RMB 209.40 million, up 13.48% from RMB 184.54 million in the previous year[29] - The company incurred a total operating expense of 370,624,848.73 CNY, compared to 348,390,450.45 CNY in the previous year, marking an increase of about 6.5%[32] - The financial expenses increased by 74.52% to ¥8,408,901.65, primarily due to the accrual of convertible bond interest expenses[13] - The company's research and development expenses for the first quarter of 2024 were RMB 36.98 million, reflecting a year-over-year increase of 4.66%[29] Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,034, with no preferred shareholders restoring voting rights[18] - The largest shareholder, Hangzhou Zhengyuan Shunran Industrial Co., Ltd., holds 25.82% of shares, with 20,810,000 shares pledged[18] - The company approved a share repurchase plan with a budget of up to ¥80 million and a minimum of ¥40 million, with a maximum repurchase price of ¥20.00 per share[22] - The company plans to continue its share repurchase program in accordance with its established guidelines and regulatory requirements[24] Other Financial Metrics - The investment income showed a significant decline of 507.00%, resulting in a loss of ¥1,940,444.01, mainly due to losses from associated enterprises[13] - The company reported a decrease in accounts payable from RMB 197.44 million to RMB 180.88 million, indicating improved cash flow management[27] - Tax refunds received decreased by 36.47% to ¥4,960,771.94 compared to the previous period, primarily due to a reduction in VAT refunds[16] - The company’s cash flow from investment activities saw a significant decline of 99.80%, dropping to ¥2,000.00, primarily due to a decrease in bank wealth management redemptions[16] - Cash paid for investments rose by 86.12% to ¥31,640,800.00, attributed to increased investments in joint ventures[16] - Cash received from borrowings decreased by 45.09% to ¥267,350,000.00, reflecting a reduction in bank loans compared to the previous year[16] - Cash paid for financing activities amounted to ¥35,541,675.04, marking a 100% increase due to share buybacks[16]