晶华微(688130) - 2024 Q1 - 季度财报

Financial Performance - In Q1 2024, the company reported a revenue of CNY 26,704,868.92, a decrease of 8.81% year-over-year[5] - The net profit attributable to shareholders was CNY -1,142,936.53, representing a decline of 138.57% compared to the same period last year[5] - Total operating revenue for Q1 2024 was CNY 26,704,868.92, a decrease of 8.6% compared to CNY 29,284,068.48 in Q1 2023[26] - Net profit for Q1 2024 was a loss of CNY 1,142,936.53, compared to a profit of CNY 2,963,461.60 in Q1 2023[27] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.02, down from CNY 0.04 in Q1 2023[28] - Total liabilities decreased to CNY 12,640,640.83 from CNY 22,921,993.42 year-over-year[24] Research and Development - The company's R&D investment totaled CNY 15,894,086.36, accounting for 59.52% of its revenue, an increase of 6.79 percentage points year-over-year[6] - Research and development expenses for Q1 2024 were CNY 15,894,086.36, slightly up from CNY 15,442,171.34 in Q1 2023[26] - The company is actively developing multiple new products, including various SoC chips and low-noise operational amplifiers, to enhance its market position[8] Cash Flow and Liquidity - As of March 31, 2024, the company's cash and cash equivalents amounted to RMB 761,254,104.72, a slight increase from RMB 757,373,393.82 on December 31, 2023[22] - The cash inflow from operating activities was $30,445,552.39, a significant increase from $12,755,089.71 in Q1 2023, representing an increase of approximately 138.8%[30] - The net cash outflow from operating activities in Q1 2024 was $11,306,272.29, an improvement compared to a net outflow of $18,636,533.46 in Q1 2023, indicating a reduction of about 39.5%[31] - Cash inflow from investment activities totaled $242,520,978.19 in Q1 2024, compared to $190,313,277.95 in Q1 2023, marking an increase of approximately 27.5%[31] - The net cash flow from investment activities was $19,692,912.19 in Q1 2024, a significant recovery from a net outflow of $110,898,577.25 in Q1 2023[31] - The total cash and cash equivalents at the end of Q1 2024 amounted to $761,254,104.72, up from $851,542,530.92 at the end of Q1 2023[32] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,282,483,120.23, a decrease of 0.85% from the end of the previous year[6] - Total assets as of the end of Q1 2024 were CNY 1,282,483,120.23, a slight decrease from CNY 1,293,517,949.53 at the end of Q1 2023[25] - Non-current assets totaled CNY 14,841,300.54, up from CNY 9,181,026.10 in Q1 2023[25] - The company reported trading financial assets of RMB 211,000,000.00, down from RMB 220,000,000.00, representing a decrease of approximately 4.1%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,778[14] - The top ten shareholders include Hai Tong Innovation Securities Investment Co., holding 615,600 shares, which is 0.92% of total shares[18] - There were no changes in the top ten shareholders due to the transfer of shares during the reporting period[18] Management and Strategy - The company appointed Mr. Feng Qin as the new Chief Financial Officer, effective immediately following the board meeting[19] - The company adjusted its sales strategy in response to increased market competition, resulting in a higher sales volume despite reduced revenue[7] - The strategic placement plan involved participation from core employees, indicating a commitment to align interests with shareholders[16] - The company has not disclosed any significant new product developments or market expansions during this reporting period[19] Operating Costs - Total operating costs increased to CNY 34,706,941.52, up 20.5% from CNY 28,835,601.50 in the same period last year[26] - The company experienced an increase in sales costs and management expenses, leading to a net profit of CNY 171,520 after excluding share-based payment expenses of CNY 2,858,100[7][8] - The company reported a significant increase in management expenses to CNY 7,330,577.52 from CNY 3,679,868.46 in the previous year[26] Financial Reporting - The company’s financial report is unaudited, which may affect the reliability of the financial data presented[21]