Financial Performance - Net profit attributable to shareholders for Q1 2024 was CNY 11,595,185.93, down 21.62% from CNY 14,793,659.94 in Q1 2023[10] - Operating revenue for Q1 2024 was CNY 96,399,161.33, a decline of 1.68% compared to CNY 98,046,133.07 in the same period last year[10] - The net cash flow from operating activities decreased by 69.72% to CNY 4,060,606.73 from CNY 13,408,304.69 in Q1 2023[10] - Basic earnings per share for Q1 2024 were CNY 0.13, down 20.95% from CNY 0.16 in Q1 2023[10] - Total operating revenue for Q1 2024 was CNY 96,399,161.33, a decrease of 1.68% compared to CNY 98,046,133.07 in Q1 2023[40] - Total profit for Q1 2024 was CNY 13,533,664.26, down 18.19% from CNY 16,547,703.08 in Q1 2023[41] - Net profit for Q1 2024 was CNY 11,683,136.84, a decline of 21.06% from CNY 14,849,193.03 in Q1 2023[41] Assets and Liabilities - Total assets as of March 31, 2024, were CNY 710,711,341.80, a decrease of 0.98% compared to the end of 2023[10] - The company's asset-liability ratio (consolidated) improved to 19.91% from 22.40% year-on-year[10] - Total liabilities decreased from 160,774,926.89 to 141,473,030.65, a reduction of about 12%[35] - Current liabilities decreased from 102,664,609.85 to 84,069,447.33, a decrease of approximately 18.2%[34] - Non-current liabilities decreased from 58,110,317.04 to 57,403,583.32, a slight decline of about 1.2%[34] - Shareholders' equity increased from 556,985,923.54 to 569,238,311.15, an increase of approximately 2.2%[35] Cash Flow - Operating cash inflow for Q1 2024 reached ¥100,423,767.50, a 7.5% increase from ¥93,465,351.01 in Q1 2023[44] - Net cash flow from operating activities for Q1 2024 was ¥4,060,606.73, down 69.8% from ¥13,408,304.69 in Q1 2023[45] - Cash outflow from investment activities in Q1 2024 totaled ¥2,093,876.90, significantly lower than ¥22,244,282.07 in Q1 2023[45] - Cash and cash equivalents at the end of Q1 2024 amounted to ¥110,138,866.05, up from ¥61,915,326.51 at the end of Q1 2023[45] - The parent company's net cash flow from operating activities for Q1 2024 was ¥5,955,773.54, down from ¥14,500,950.73 in Q1 2023[47] Shareholder Information - The total number of ordinary shareholders was 4,840 as of the end of the reporting period[17] - The largest shareholder, Wu Jieshu, holds 43,815,600 shares, representing 47.79% of total shares[20] - The second largest shareholder, Bengbu Finis Filter Technology Co., Ltd., holds 10,800,000 shares, accounting for 11.78%[20] - Total shares held by the top ten shareholders amount to 66,211,817, which is 72.22% of the total shares[20] - The company has no shareholders with pledged or judicially frozen shares[23] Expenses - Sales expenses rose by 33.63% to CNY 2,286,561.99, mainly due to increased salaries for sales personnel[12] - Research and development expenses increased to CNY 3,261,420.96 in Q1 2024, up 20.36% from CNY 2,709,685.75 in Q1 2023[40] - Other income for Q1 2024 was CNY 804,071.42, a decrease of 54.0% from CNY 1,746,444.15 in Q1 2023[40] Investment Income - Investment income increased significantly by 1730.78% to CNY 358,473.67, primarily due to higher financial management returns[12] - Investment income for Q1 2024 was CNY 358,473.67, significantly higher than CNY 19,580.43 in Q1 2023[40] Inventory and Receivables - The company's inventory increased from 106,666,108.30 yuan to 115,797,856.46 yuan[33] - Accounts receivable decreased from 91,011,414.40 to 78,329,164.76, a decline of approximately 13.9%[37] - Inventory increased from 93,801,096.49 to 101,251,418.22, an increase of about 7.8%[37] Legal and Frozen Assets - The company is currently involved in ongoing litigation with a total amount of 901,750 yuan, of which 283,500 yuan is as the plaintiff[26] - The company has 11,388,072.81 yuan in cash deposits frozen, representing 1.60% of total assets[28] - Fixed assets worth 30,038,051.63 yuan are mortgaged, which is 4.23% of total assets[28]
安徽凤凰(832000) - 2024 Q1 - 季度财报