JHT(SH:603061)2024-04-26 12:12Financial Performance - The company's operating revenue for Q1 2024 was ¥88,563,544.57, representing a decrease of 12.79% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥14,892,642.42, down 53.31% year-on-year[5]. - The basic earnings per share decreased by 60.94% to ¥0.25[5]. - Total revenue for Q1 2024 was ¥88,563,544.57, a decrease of 12.8% compared to ¥101,551,353.20 in Q1 2023[18]. - Operating profit for Q1 2024 was ¥15,917,481.51, down 56.3% from ¥36,344,838.72 in Q1 2023[18]. - Net profit for Q1 2024 was ¥14,892,642.42, a decline of 53.3% compared to ¥31,895,800.67 in Q1 2023[19]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.25, down from ¥0.64 in Q1 2023[20]. - Cash flow from operating activities in Q1 2024 was a net outflow of ¥31,037,212.46, slightly improved from a net outflow of ¥32,174,628.08 in Q1 2023[23]. - Cash flow from investing activities in Q1 2024 showed a net inflow of ¥91,314,904.83, compared to a net outflow of ¥302,918,984.14 in Q1 2023[23]. - Total operating costs for Q1 2024 were ¥67,610,559.34, slightly higher than ¥66,436,088.97 in Q1 2023[18]. - The company reported a significant increase in investment income, reaching ¥1,042,778.81 in Q1 2024, compared to ¥258,334.90 in Q1 2023[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,418,537,034.44, a decline of 10.50% from the end of the previous year[6]. - As of March 31, 2024, the company's total assets amounted to RMB 1,418,537,034.44, a decrease from RMB 1,584,983,205.39 at the end of 2023, reflecting a decline of approximately 10.5%[13]. - The company's current assets totaled RMB 1,184,093,217.59, down from RMB 1,364,485,338.56, indicating a decrease of about 13.2%[13]. - Cash and cash equivalents decreased to RMB 476,495,482.77 from RMB 582,105,112.15, representing a decline of approximately 18.1%[13]. - Accounts receivable increased to RMB 275,471,959.33 from RMB 243,975,236.18, showing an increase of about 12.9%[13]. - Inventory decreased slightly to RMB 322,803,769.82 from RMB 334,221,299.71, a reduction of approximately 3.4%[13]. - Total liabilities decreased to RMB 164,066,857.60 from RMB 186,127,601.52, reflecting a decline of about 11.8%[15]. - The company's equity attributable to shareholders decreased to RMB 1,254,470,176.84 from RMB 1,398,855,603.87, a decrease of approximately 10.4%[15]. - The company reported a decrease in short-term borrowings, with total current liabilities amounting to RMB 158,271,607.60, down from RMB 179,872,446.26, indicating a decline of about 12.1%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,261[10]. - The largest shareholder, Cui Xuefeng, holds 14.1% of the shares, with 8,511,132 shares pledged[10]. Challenges and Developments - The company is facing challenges due to macroeconomic conditions and industry cycles, impacting revenue and increasing costs[8]. - The company has not reported any significant new product developments or market expansions during this quarter[12]. - There are no significant changes in the shareholder structure or any new strategies reported for this quarter[12]. Research and Development - Research and development expenses for Q1 2024 were ¥8,810,081.56, an increase from ¥8,200,494.27 in Q1 2023[18]. - The weighted average return on equity was 1.08%, a decrease of 2.68 percentage points[5].