Financial Performance - Operating revenue for Q1 2024 was ¥61,527,274.82, a decline of 26.60% year-on-year[10] - Net profit attributable to shareholders decreased by 48.30% to ¥8,353,568.99 compared to the same period last year[10] - Total operating revenue for Q1 2024 was CNY 61,527,274.82, a decrease from CNY 83,828,402.56 in Q1 2023, representing a decline of approximately 26.6%[34] - Net profit for Q1 2024 was CNY 8,400,905.85, compared to CNY 16,158,140.74 in Q1 2023, indicating a decrease of approximately 48.1%[35] - The total comprehensive income for Q1 2024 was ¥8,359,297.43, down from ¥16,158,140.74 in Q1 2023[37] Assets and Liabilities - Total assets decreased by 3.33% to ¥562,363,377.93 compared to the end of last year[10] - Total assets decreased from ¥581.71 billion on December 31, 2023, to ¥562.36 billion on March 31, 2024, a decline of approximately 3%[29] - Current assets totaled ¥375.08 billion as of March 31, 2024, down from ¥396.57 billion at the end of 2023, representing a decrease of about 5.4%[28] - Total liabilities decreased from ¥136.38 billion to ¥108.63 billion, a decline of about 20.3%[30] - Current liabilities decreased from ¥120.63 billion to ¥94.14 billion, a reduction of approximately 21.9%[30] Cash Flow - Cash flow from operating activities increased by 444.09% to ¥18,332,040.53, significantly improving from a negative cash flow of ¥5,327,716.65 in the previous year[10] - The net cash flow from operating activities was $20,052,978.89, a significant improvement compared to a net outflow of $5,327,716.65 in the previous period, indicating a positive operational performance[41] - Cash inflow from investment activities totaled $60,008,480.72, up from $52,979,287.73, reflecting increased investment recovery[41] - The net cash flow from investment activities improved to $10,241,535.14 from a negative $59,608,190.57, showcasing a turnaround in investment performance[41] Shareholder Information - The total number of shares outstanding is 87,550,002, with 27.62% being unrestricted shares and 72.38% being restricted shares[18] - The largest shareholder, Ding Yunlong, holds 28,624,352 shares, representing 32.69% of the total shares[19] - The total number of common shareholders is 3,660[18] Expenses and Income - Sales expenses decreased by 62.29% to ¥1,237,543.30, primarily due to a reduction in commission expenses[12] - Other income increased by 159.47% to ¥233,801.96, mainly from tax benefits[12] - The company received a government subsidy of ¥2,000,000, marking a 100% increase in non-operating income[12] - Research and development expenses for Q1 2024 were CNY 3,173,800.40, up from CNY 2,957,672.73 in Q1 2023, indicating an increase of approximately 7.3%[34] Equity and Financial Ratios - The company's debt-to-asset ratio decreased to 19.32% from 23.44% at the end of the previous year[10] - The weighted average return on equity based on net profit attributable to shareholders was 1.87%, down from 3.95% in the previous year[10] - Shareholders' equity increased from ¥445.33 billion to ¥453.73 billion, reflecting a growth of approximately 1.8%[30] Other Information - The company has no pledged or judicially frozen shares among its major shareholders[20] - The company has no significant litigation or arbitration matters reported during the period[22] - There are no major asset acquisitions or disposals reported in the current quarter[22] - The company has fulfilled its previously disclosed commitments in a timely manner[22]
方盛股份(832662) - 2024 Q1 - 季度财报