Financial Performance - Operating revenue for Q1 2024 was ¥151,482,219.37, a decline of 21.12% year-on-year[11] - Net profit attributable to shareholders decreased by 45.92% to ¥7,758,501.91 compared to the same period last year[11] - The company's net profit for Q1 2024 was CNY 6,555,557.91, a decrease from CNY 10,335,064.73 in Q1 2023, representing a decline of approximately 36.8%[40] - The total profit for Q1 2024 was CNY 7,024,318.83, compared to CNY 11,525,570.65 in Q1 2023, reflecting a decline of approximately 39.2%[40] - The operating profit for Q1 2024 was CNY 6,730,789.53, down from CNY 11,523,570.65 in Q1 2023, a decline of approximately 41.5%[40] - The company reported a total comprehensive income of CNY 6,555,557.91 for Q1 2024, compared to CNY 10,335,064.73 in Q1 2023, indicating a decrease of about 36.8%[41] Cash Flow and Liquidity - Net cash flow from operating activities increased by 320.16% to ¥23,039,348.15, primarily due to higher collections from accounts receivable[14] - The cash flow from operating activities netted a total of 23,039,348.15 CNY in the latest reporting period, a significant recovery from -10,464,625.60 CNY previously reported[43] - The total cash inflow from operating activities in Q1 2024 was 144,990,389.42 CNY, slightly lower than 146,439,511.94 CNY in Q1 2023[44] - The company's cash and cash equivalents decreased to CNY 37,961,535.91 from CNY 46,871,808.77, representing a decline of 19.9%[35] - The cash and cash equivalents at the end of Q1 2024 stood at 30,618,572.15 CNY, down from 42,495,387.94 CNY at the end of Q1 2023[45] - The company reported a net increase in cash and cash equivalents of -12,342,940.22 CNY for Q1 2024, compared to -31,352,920.61 CNY in Q1 2023, suggesting improved cash management[45] Assets and Liabilities - Total assets decreased by 3.72% to ¥959,793,839.59 compared to the end of last year[11] - The company's total equity increased from 601,390,865.80 yuan to 607,333,681.77 yuan during the reporting period[33] - The total liabilities as of March 31, 2024, were 352,460,157.82 yuan, down from 395,466,396.91 yuan at the end of 2023[33] - The company's current liabilities decreased from 383,371,312.80 yuan to 341,088,315.99 yuan during the same period[32] - The total value of restricted assets is 53,929,498.58 yuan, accounting for 5.62% of total assets, primarily due to bank loans and guarantees[27] Shareholder Information - The total number of ordinary shares outstanding remained at 101,521,378, with 40.58% being unrestricted shares[19] - Major shareholders include 罗辑 and 欧毅, each holding 20.89% of the shares, while 唐明利 holds 13.43%[21] - The total number of shareholders holding more than 5% of shares is concentrated among the top ten shareholders, holding a combined 81.03%[21] - The company has no pledged or judicially frozen shares among major shareholders[22] Operational Highlights - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[6] - The subsidiary Youji Hydraulic Technology (Changzhou) Co., Ltd. delivered transition orders worth 558,369.01 yuan, with 347,842.51 yuan recognized as revenue in the current period[26] - The estimated daily related transactions for 2024 are projected to be 6 million yuan, including 1 million yuan for purchasing raw materials and 5 million yuan for selling products and services[25] Tax and Deferred Items - Deferred tax assets increased from ¥7,396,238.76 to ¥8,805,543.86, while deferred tax liabilities rose from ¥1,877,326.92 to ¥3,185,387.28[17] - The company received 8,847,242.16 CNY in tax refunds in Q1 2024, down from 11,038,795.26 CNY in Q1 2023, reflecting changes in tax policy or operational scale[44] Other Financial Metrics - The weighted average return on equity based on net profit attributable to shareholders was 1.37%, down from 2.81% in the previous year[11] - Investment income decreased by 52.21% to ¥349,899.22, primarily due to reduced foreign exchange forward transaction gains[13] - Research and development expenses for Q1 2024 were CNY 6,809,116.44, compared to CNY 6,164,436.77 in Q1 2023, an increase of 10.5%[38] - The company's financial expenses decreased to CNY 857,079.96 in Q1 2024 from CNY 2,280,814.59 in Q1 2023, a reduction of approximately 62.4%[40] - The company's other income increased to CNY 226,884.76 in Q1 2024 from CNY 110,150.52 in Q1 2023, an increase of about 106.4%[40]
优机股份(833943) - 2024 Q1 - 季度财报