Financial Performance - Operating revenue for Q1 2024 reached CNY 57,931,488.84, a 52.35% increase year-on-year[10] - Net profit attributable to shareholders rose by 24.22% to CNY 8,469,230.19 compared to the same period last year[10] - The net profit after deducting non-recurring gains and losses surged by 316.65% to CNY 10,382,525.59[10] - The company's gross profit margin improved, with operating profit increasing by 26.22% to CNY 9,162,994.73[12] - The weighted average return on equity based on net profit attributable to shareholders increased to 3.33% from 2.82%[10] - Total operating revenue for Q1 2024 reached CNY 55,851,721.65, compared to CNY 36,315,874.83 in Q1 2023, indicating a year-over-year increase of about 53.7%[47] - The operating profit for Q1 2024 was CNY 11,067,080.99, up from CNY 7,204,216.43 in Q1 2023, reflecting a growth of approximately 53.5%[47] - The net profit attributable to the parent company for Q1 2024 is CNY 10,188,000.26, an increase from CNY 6,763,018.69 in Q1 2023, representing a growth of approximately 50.5%[48] - The total comprehensive income for Q1 2024 is CNY 10,188,000.26, compared to CNY 6,763,018.69 in Q1 2023, indicating an increase of approximately 50.5%[48] Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline of 117.79%, resulting in a net outflow of CNY 2,328,195.77[12] - The net cash flow from operating activities for Q1 2024 was negative at CNY -2,328,195.77, a decline from CNY 13,086,941.87 in Q1 2023[51] - The cash inflow from operating activities in Q1 2024 was CNY 46,220,152.05, slightly down from CNY 46,372,587.01 in Q1 2023[51] - The cash outflow from operating activities in Q1 2024 was CNY 48,548,347.82, compared to CNY 33,285,645.14 in Q1 2023, reflecting an increase of about 45.9%[51] - Operating cash flow for Q1 2024 was negative at -557,214.49 CNY, compared to a positive 15,217,526.95 CNY in Q1 2023, indicating a significant decline in operational performance[55] - Total cash inflow from operating activities decreased to 45,425,806.75 CNY in Q1 2024 from 47,085,931.03 CNY in Q1 2023, reflecting a drop of approximately 3.5%[55] - Cash and cash equivalents at the end of Q1 2024 were 176,491,594.81 CNY, down from 220,321,375.61 CNY at the end of Q1 2023, a decrease of approximately 20%[55] - The net cash flow from financing activities was -1,812,731.32 CNY in Q1 2024, compared to -1,455,462.00 CNY in Q1 2023, indicating increased cash outflows related to financing[55] Assets and Liabilities - Total assets increased by 1.60% to CNY 315,617,159.76 compared to the end of last year[10] - The company's total liabilities decreased from ¥61,969,832.47 on December 31, 2023, to ¥56,285,647.32 on March 31, 2024[37] - The company's total current assets as of March 31, 2024, were ¥279,883,810.29, compared to ¥274,477,464.90 at the end of 2023, showing a slight increase[40] - The company's retained earnings increased to ¥79,112,956.85 as of March 31, 2024, up from ¥68,924,956.59 at the end of 2023, indicating strong profitability retention[41] - The company reported a decrease in contract liabilities to ¥11,934,724.24 as of March 31, 2024, down from ¥18,322,284.74 at the end of 2023, suggesting improved revenue recognition[41] Shareholder Information - The total number of ordinary shares is 81,518,000, with 62.84% being restricted shares and 37.16% being unrestricted shares[17] - The top ten shareholders collectively hold 77.75% of the total shares, with the largest shareholder, Zhuang Yan, owning 25.91%[19] - The company has initiated an employee stock ownership plan, allowing for the purchase of up to 1.0789 million shares at a price of 6.25 per share, representing 1.32% of total shares[26] - The number of ordinary shareholders increased to 6,054 during the reporting period[17] Research and Development - Research and development expenses for Q1 2024 were ¥5,909,762.31, an increase of 21.7% from ¥4,853,804.24 in Q1 2023, reflecting a commitment to innovation[42] - Research and development expenses for Q1 2024 amounted to CNY 5,519,776.21, compared to CNY 4,611,389.00 in Q1 2023, showing an increase of about 19.6%[47] Government Support and Legal Matters - The company received government subsidies amounting to 129,400.00, which are closely related to its normal business operations[15] - The company is currently involved in a minor civil lawsuit regarding a deposit refund of ¥61,000, which is still under trial[31] Other Financial Activities - The company reported a fair value change gain of 236,849.31 from financial assets and liabilities, excluding effective hedging activities[15] - The company has not engaged in any significant external guarantees or loans during the reporting period[25] - The company has a total of 1,078,900 shares held in a repurchase special account, representing 1.32% of total shares[21] - The company plans to repurchase shares with a total fund of no less than ¥8,200,000 and no more than ¥15,000,000, estimating to buy back between 820,000 and 1,500,000 shares, which represents 1.01%-1.84% of the total share capital[28] - As of March 31, 2024, the company has repurchased 1,078,900 shares, accounting for 1.3235% of the total share capital, with a total payment of ¥8,727,478.91, which is 58.18% of the upper limit of the repurchase fund[29] - The maximum repurchase price is set at ¥10 per share, which is 200% of the average trading price of ¥8.12 over the 30 trading days prior to the board's approval[27]
云里物里(872374) - 2024 Q1 - 季度财报