Financial Performance - Operating revenue for Q1 2024 was CNY 88,468,472.11, a decrease of 12.03% year-over-year[11] - Net profit attributable to shareholders for Q1 2024 was CNY 8,706,458.80, representing a growth of 23.44% compared to the same period last year[11] - Total operating revenue for Q1 2024 was ¥88,468,472.11, a decrease of 12.03% compared to ¥100,571,560.50 in Q1 2023[36] - Net profit for Q1 2024 reached ¥8,706,458.80, representing an increase of 23.43% from ¥7,053,013.48 in Q1 2023[37] - Operating profit for Q1 2024 was ¥9,195,160.82, up 43.95% from ¥6,408,739.38 in Q1 2023[37] Cash Flow - Net cash flow from operating activities surged to CNY 32,145,660.86, an increase of 431.85% year-over-year[11] - Cash inflow from operating activities in Q1 2024 was ¥175,127,863.00, an increase from ¥149,074,340.08 in Q1 2023[40] - Cash outflow from operating activities in Q1 2024 totaled ¥142,982,202.14, slightly down from ¥143,030,219.14 in Q1 2023[40] - Net cash flow from operating activities for Q1 2024 was ¥4,913,641.54, a significant improvement compared to a net outflow of ¥73,713,491.38 in Q1 2023[43] - The company experienced a net decrease in cash and cash equivalents of ¥26,872,263.48 in Q1 2024, contrasting with an increase of ¥121,003,658.13 in Q1 2023[43] Assets and Liabilities - Total assets as of March 31, 2024, reached CNY 1,522,220,335.13, an increase of 3.22% compared to the end of 2023[11] - The company's debt-to-asset ratio (consolidated) rose to 21.07% from 19.05% year-over-year[11] - Total liabilities rose to ¥320,805,160.34, compared to ¥280,883,101.45, reflecting an increase of about 14.2%[32] - Current liabilities totaled ¥156,002,194.00, up from ¥147,838,633.63, indicating a growth of approximately 8.0%[32] - Non-current liabilities increased to ¥164,802,966.34 from ¥133,044,467.82, marking a rise of around 23.9%[32] Shareholder Information - The total number of ordinary shareholders as of the report date was 7,962[17] - The top ten shareholders collectively hold 129,659,367 shares, representing 39.61% of the total shares[20] - The company repurchased 1,319,221 shares, accounting for 0.40% of the total share capital, with a total payment of 3,849,176.00 yuan, representing 38.49% of the planned repurchase fund limit[25] Research and Development - Research and development expenses increased by 121.26% to CNY 1,637,559.12, reflecting the company's commitment to innovation[13] - Research and development expenses for Q1 2024 were ¥1,637,559.12, significantly higher than ¥740,114.47 in Q1 2023, indicating increased investment in innovation[36] Other Income and Expenses - The company reported a significant increase in other income, which rose by 57.54% to CNY 880,851.79, primarily due to government subsidies[13] - The company achieved other income of ¥880,851.79 in Q1 2024, up from ¥559,117.39 in Q1 2023, indicating improved ancillary revenue streams[36] - The company reported a credit impairment loss of ¥2,099,328.81 in Q1 2024, compared to ¥1,501,029.90 in Q1 2023, reflecting a rise in credit risk[37] Inventory and Receivables - Accounts receivable decreased by 39.83% to CNY 72,274,955.03 due to improved management practices[12] - Accounts receivable decreased to 72,274,955.03 yuan from 120,108,375.95 yuan at the end of 2023, indicating a reduction of approximately 39.83%[30] - Inventory increased to 224,298,420.62 yuan from 190,834,269.67 yuan, reflecting an increase of about 17.54%[30] - Accounts receivable increased to ¥33,040,874.02 from ¥25,246,598.43, reflecting a growth of about 30.9%[33] - Inventory rose to ¥93,790,727.19 from ¥92,006,886.64, indicating a slight increase of approximately 1.9%[34]
田野股份(832023) - 2024 Q1 - 季度财报