友邦吊顶(002718) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥129,580,759.29, a decrease of 29.35% compared to ¥183,414,168.50 in the same period last year[5] - Net profit attributable to shareholders was ¥1,588,394.24, down 84.22% from ¥10,063,147.92 year-on-year[5] - The net cash flow from operating activities was -¥70,876,762.32, a significant decline of 2,113.77% compared to ¥3,519,598.67 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 129,580,759.29, a decrease of 29.3% compared to CNY 183,414,168.50 in the same period last year[19] - Net profit for Q1 2024 was CNY 1,457,520.94, a decline of 84.8% compared to CNY 9,611,168.81 in Q1 2023[20] - The company reported a total comprehensive income of CNY 1,457,520.94 for Q1 2024, significantly lower than CNY 9,611,168.81 in the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,561,904,989.73, representing a decrease of 5.49% from ¥1,652,694,811.48 at the end of the previous year[5] - Total liabilities decreased to RMB 516,701,552.66 from RMB 592,948,895.35, indicating a reduction in financial obligations[17] - Cash and cash equivalents decreased to RMB 388,225,493.02 from RMB 472,993,283.42, reflecting a decline of approximately 17.9%[15] - Accounts receivable decreased to RMB 86,880,080.78 from RMB 97,616,553.59, a reduction of about 11.4%[15] - Inventory increased slightly to RMB 99,506,070.63 from RMB 96,354,795.46, showing an increase of approximately 2.2%[15] - The company's equity increased to RMB 1,045,203,437.07, up from RMB 1,059,745,916.13, indicating a slight decrease in total equity[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 84,511[11] - The company reported a total of 1,374,500 shares held in the repurchase account, representing 1.05% of the total share capital[12] Government Support and Other Income - Government subsidies recognized in the current period amounted to ¥7,977,716.06, primarily related to government support[6] - The company reported a 127.52% increase in other income, totaling ¥8,921,723.75, due to increased government subsidies related to daily operations[9] Expenses and Costs - Total operating costs for Q1 2024 were CNY 137,676,683.13, down 23% from CNY 178,603,997.56 year-over-year[19] - Research and development expenses for Q1 2024 were CNY 7,844,716.49, an increase of 10.4% from CNY 7,105,442.00 in the same period last year[19] Accounting and Reporting - The first quarter report for 2024 has not been audited[24] - The company is implementing new accounting standards starting in 2024[24] - The financial statement adjustments related to the new accounting standards will be reflected in the annual financial report[24] - The board of directors released the first quarter report on April 27, 2024[24] - The report indicates that this is the first execution of the new accounting standards[24] Lack of Strategic Information - There are no specific performance metrics or user data provided in the report[24] - Future outlook and performance guidance are not detailed in the report[24] - No information on new products, technologies, market expansion, or mergers and acquisitions is included[24] - The report does not provide any financial figures or percentage changes[24] - The company has not disclosed any strategic initiatives in the report[24]