卓锦股份(688701) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥53,281,926.49, representing a decrease of 19.12% compared to the same period last year[4] - The net profit attributable to shareholders was -¥5,766,277.52, a significant increase in loss of 51.22% year-over-year[4] - The net profit after deducting non-recurring gains and losses was -¥5,741,291.38, reflecting a decline of 54.65% compared to the previous year[5] - Basic and diluted earnings per share were both -¥0.04, a decline of 55.56% compared to the same period last year[5] - Total operating revenue for Q1 2024 was CNY 53,281,926.49, a decrease of 19.1% compared to CNY 65,879,271.52 in Q1 2023[16] - Net loss for Q1 2024 was CNY 5,766,277.52, an improvement of 51.2% compared to a net loss of CNY 11,821,539.27 in Q1 2023[17] Cash Flow - The net cash flow from operating activities was -¥19,025,651.20, worsening by 60.64% year-over-year[5] - Cash inflow from operating activities in Q1 2024 was CNY 90,263,710.94, significantly higher than CNY 39,659,627.30 in Q1 2023[18] - The net cash flow from operating activities was -$19,025,651.20, an improvement from -$48,342,085.77 in the previous year, indicating a reduction in cash outflow[19] - Total cash outflow from operating activities amounted to $109,289,362.14, compared to $88,001,713.07 in the same quarter last year, reflecting a 24% increase[19] - The net cash flow from financing activities was -$19,638,433.08, a significant decline compared to a positive cash flow of $53,342,616.87 last year[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥644,492,445.50, down 8.71% from the end of the previous year[5] - The company's current assets totaled ¥600,047,704.72, down from ¥657,446,384.40, indicating a reduction of about 8.67%[14] - Total liabilities decreased to CNY 369,201,677.09 in Q1 2024 from CNY 424,895,989.14 in Q1 2023, a reduction of 13.1%[16] - The total liabilities decreased to ¥600,047,704.72 from ¥657,446,384.40, reflecting a decline of about 8.67%[14] Expenses - Research and development expenses totaled ¥4,610,417.78, a decrease of 13.77% year-over-year, with R&D expenses accounting for 8.65% of operating revenue, an increase of 0.53 percentage points[5] - Sales expenses in Q1 2024 were CNY 2,957,325.09, down 48.2% from CNY 5,698,837.04 in Q1 2023[16] - Management expenses for Q1 2024 were CNY 10,082,596.21, a decrease of 8.4% compared to CNY 11,008,211.34 in Q1 2023[16] Shareholder and Corporate Activities - The company has not reported any significant changes in major shareholders or their participation in financing activities during the reporting period[12] - The company has not disclosed any new product developments or technological advancements in this quarter[12] - There are no significant mergers or acquisitions reported in the current quarter[12] Cash and Equivalents - Cash and cash equivalents decreased to ¥72,164,810.72 from ¥100,502,392.47, reflecting a decline of approximately 28.19%[13] - The ending balance of cash and cash equivalents decreased to $46,705,599.58 from $192,615,998.99, representing a decline of approximately 76%[20] Other Financial Metrics - The weighted average return on equity was -2.07%, an increase of 0.91 percentage points compared to the previous year[5] - The company recovered ¥7,144,800 in previously impaired receivables, an increase of 151.97% compared to the same period last year[8] - The company reported a contract asset of ¥342,283,069.27, slightly down from ¥343,052,931.05[14] - The cash outflow for employee compensation increased to $19,140,576.21 from $15,135,818.46, marking a 26% rise[19] - The cash paid for taxes rose to $3,579,023.26 from $1,541,457.48, indicating a 132% increase year-over-year[19] - The company did not apply new accounting standards for the current reporting period[20]