Financial Performance - Net profit attributable to shareholders for Q1 2024 was ¥11,762,872.66, representing a 31.82% increase year-over-year[12] - Revenue for Q1 2024 was ¥53,020,881.98, a decrease of 2.58% from ¥54,423,189.62 in Q1 2023[12] - Basic earnings per share for Q1 2024 was ¥0.0860, up 2.87% from ¥0.0836 in the same period last year[12] - The company's net profit for Q1 2024 reached CNY 11,600,177.98, an increase of 32.5% compared to CNY 8,754,302.18 in Q1 2023[35] - Operating profit for Q1 2024 was CNY 13,629,337.99, up from CNY 10,281,103.19 in Q1 2023, reflecting a growth of 32.9%[35] - Total revenue for Q1 2024 was CNY 51,782,758.52, a slight decrease of 0.8% from CNY 53,198,671.92 in Q1 2023[35] - The total profit for Q1 2024 was CNY 13,647,268.22, an increase of 32.5% from CNY 10,299,179.04 in Q1 2023[36] Cash Flow and Liquidity - Operating cash flow for the period surged to ¥18,774,277.79, a significant increase of 568.73% compared to the same period last year[12] - Cash and cash equivalents increased to 108,439,060.24 from 90,119,483.45, showing a significant growth in liquidity[27] - Cash inflow from operating activities in Q1 2024 is 81,674,744.03, up from 63,119,514.00 in Q1 2023, representing an increase of approximately 29.4%[41] - The company has maintained a strong cash position, with cash flow from operating activities significantly exceeding cash outflows for expenses[38] - Total cash and cash equivalents at the end of Q1 2024 is 101,466,722.02, compared to 116,205,748.69 in Q1 2023, indicating a decrease of about 12.6%[41] Assets and Liabilities - Total assets as of March 31, 2024, reached ¥565,145,850.37, an increase of 1.40% compared to the end of 2023[12] - The company's asset-liability ratio decreased to 28.89% for the parent company and 28.93% for the consolidated entity, down from 29.85% and 29.88% respectively[12] - Total liabilities decreased to CNY 160,559,060.20 from CNY 163,205,522.37, a reduction of about 4.0%[32] - Current liabilities decreased to 149,671,143.75 from 153,067,776.43, showing improved short-term financial health[28] - Non-current liabilities slightly increased to 13,822,077.23 from 13,453,479.61, indicating stable long-term obligations[28] Shareholder Information - The number of ordinary shareholders as of the report date was 4,265[18] - There were no pledges or judicial freezes on shares held by major shareholders, indicating a stable ownership structure[21] - Shareholders' equity increased to CNY 395,230,122.12 from CNY 383,629,944.14, reflecting an increase of approximately 3.9%[32] Operational Efficiency - Total operating costs for Q1 2024 were CNY 36,675,259.90, down from CNY 45,356,567.57 in Q1 2023, indicating a reduction of about 19.2%[33] - The net profit margin for Q1 2024 improved, with net profit increasing due to lower operating costs despite a decrease in revenue[33] - The company reported a cash inflow from operating activities of CNY 85,688,193.10 in Q1 2024, an increase from CNY 66,063,116.17 in Q1 2023[38] Research and Development - Research and development expenses for Q1 2024 were CNY 4,884,593.50, compared to CNY 4,506,145.91 in Q1 2023, indicating an increase of about 8.4%[33] - The company is focusing on market expansion and new product development as part of its strategic initiatives moving forward[33] Other Financial Metrics - The company reported a significant increase in contract liabilities, which rose by 88.35% to ¥42,268,147.54 due to increased advance payments[13] - The company incurred credit impairment losses of CNY -10,249,470.98 in Q1 2024, compared to CNY -8,855,305.48 in Q1 2023, reflecting increased credit risk[35] - The company reported other income of CNY 1,543,214.67 in Q1 2024, down from CNY 5,438,028.65 in Q1 2023, indicating a decrease in non-operating income[35]
铁大科技(872541) - 2024 Q1 - 季度财报