燕东微(688172) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥308,997,801.95, representing a decrease of 39.87% compared to the same period last year[4]. - The net profit attributable to shareholders was ¥24,171,731.14, down 72.87% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥542,797.37, reflecting a significant decline of 99.29%[4]. - Total operating revenue for Q1 2024 was ¥308,997,801.95, a decrease of 40% compared to ¥513,918,597.08 in Q1 2023[18]. - Net profit for Q1 2024 was ¥18,271,022.49, compared to ¥81,707,685.49 in Q1 2023, indicating a decline of about 77.7%[19]. - The total revenue for Q1 2024 was CNY 24,081,447.69, a decrease from CNY 88,994,007.62 in Q1 2023, representing a decline of approximately 72.9%[20]. - The net profit for Q1 2024 was CNY 18,180,739.04, compared to CNY 81,598,170.37 in Q1 2023, indicating a decrease of about 77.7%[20]. - Basic and diluted earnings per share for Q1 2024 were both CNY 0.02, down from CNY 0.07 in Q1 2023, a decline of approximately 71.4%[20]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥46,528,531.28, a decrease of 73.37% compared to the previous year[5]. - The company's cash and cash equivalents increased to ¥6,124,142,888.60 from ¥5,315,564,882.81, reflecting a growth of about 15.2%[15]. - The company's cash and cash equivalents decreased significantly, with interest income dropping to ¥27,255,793.79 from ¥43,561,433.74 in Q1 2023, a decline of about 37.5%[19]. - Cash inflow from operating activities was CNY 421,675,206.93, up from CNY 311,898,594.89 in the previous year, reflecting an increase of approximately 35.2%[21]. - The cash and cash equivalents at the end of Q1 2024 totaled CNY 5,537,866,652.67, compared to CNY 8,565,554,707.42 at the end of Q1 2023, showing a decrease of about 35.5%[22]. - The net cash flow from investing activities was CNY 806,797,061.83, a significant improvement from a negative CNY 376,032,529.53 in Q1 2023[22]. - Total cash outflow from operating activities was CNY 468,203,738.21, resulting in a net cash flow from operating activities of negative CNY 46,528,531.28 for Q1 2024[21]. Research and Development - Research and development expenses totaled ¥57,164,389.95, accounting for 18.50% of operating revenue, an increase of 7.45 percentage points[5]. - Research and development expenses for Q1 2024 were ¥57,164,389.95, slightly up from ¥56,797,907.94 in Q1 2023, showing a year-over-year increase of 0.6%[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥18,134,489,835.33, a decrease of 1.89% from the end of the previous year[5]. - As of March 31, 2024, the company's total current assets amounted to ¥9,201,697,316.92, a decrease of approximately 8.66% from ¥10,077,982,979.27 on December 31, 2023[15]. - The company's total liabilities for Q1 2024 were ¥3,107,428,348.00, down from ¥3,476,997,494.67 in the previous year, representing a reduction of approximately 10.6%[17]. - The company's total equity increased to ¥15,027,061,487.33 in Q1 2024, compared to ¥15,007,433,084.04 in the previous period, reflecting a slight growth of 0.13%[17]. - The company's total liabilities and shareholders' equity will be detailed in the upcoming financial reports, with no significant changes reported in the current quarter[14]. Market and Strategic Factors - The company attributed the decline in revenue and profit to intensified market competition and a strategic shift in product structure[10]. - The company has not reported any new product launches or technological advancements during this quarter[14]. - There are no significant mergers or acquisitions announced in this reporting period[14]. Non-Recurring Gains - Non-recurring gains included government subsidies amounting to ¥20,842,548.53, contributing to the overall financial results[6].