Financial Performance - Net profit attributable to shareholders decreased by 18.56% to ¥13,583,142.23, while revenue dropped by 42.43% to ¥39,850,688.25 year-on-year[10] - Total operating revenue for Q1 2024 was ¥39,850,688.25, a decrease of 42.4% compared to ¥69,223,571.97 in Q1 2023[35] - Net profit for Q1 2024 was ¥13,233,782.23, representing a decline of 23.4% from ¥17,163,144.48 in Q1 2023[36] - Basic and diluted earnings per share for Q1 2024 were both ¥0.19, down from ¥0.29 in Q1 2023[37] - Operating profit for Q1 2024 was ¥15,690,185.93, a decrease of 23.5% compared to ¥20,473,041.06 in Q1 2023[36] Cash Flow - The net cash flow from operating activities improved significantly, increasing by 761.82% to ¥17,944,585.04 compared to the same period last year[10] - Operating cash inflow for Q1 2024 was CNY 46,519,744.21, a decrease of 10.4% from CNY 51,801,559.46 in Q1 2023[39] - Net cash flow from operating activities turned positive at CNY 17,944,585.04 compared to a negative CNY 2,711,385.11 in the same period last year[40] - Cash inflow from investment activities was CNY 17,591,826.14, down 66.6% from CNY 52,593,624.19 in Q1 2023[40] - The company reported a net cash inflow from financing activities of CNY -311,793.96, compared to CNY 168,977,130.84 in Q1 2023[40] Assets and Liabilities - Total assets increased by 2.02% to ¥532,452,446.17 compared to the end of the previous year[10] - Total liabilities decreased to ¥45,443,564.93 from ¥48,207,519.58, a reduction of about 5.3%[30] - Shareholders' equity rose to ¥487,008,881.24, compared to ¥473,725,099.01, reflecting an increase of approximately 2.5%[30] - The asset-liability ratio for the consolidated entity improved to 8.53%, down from 9.24% at the end of the previous year[10] - Total current assets amounted to ¥283,101,006.43, up from ¥264,101,518.84, indicating an increase of approximately 7.2%[32] Shareholder Information - The total number of shares outstanding is 70,861,250, with 70.86% held by controlling shareholders[17] - The largest shareholder, Zhang Aijiang, holds 34,857,012 shares, representing 49.19% of total shares[20] - The total number of shareholders holding more than 5% of shares is 10, with a combined holding of 52,788,424 shares, or 74.50% of total shares[20] Operational Efficiency - The company's gross profit margin decreased, with operating costs declining by 35.31% to ¥22,181,434.88 due to reduced sales[12] - Cash received from operating activities decreased by 30.66% to ¥35,134,776.77, reflecting lower sales volume[12] - Accounts payable decreased to ¥20,447,061.50 from ¥26,243,856.62, a decline of about 22.1%[29] - Contract liabilities increased to ¥7,660,351.60 from ¥7,052,454.70, representing an increase of approximately 8.6%[29] Investment and Development - Research and development expenses decreased by 24.67% to ¥1,953,570.58, indicating a reduction in investment in new product development[12] - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[35] - The company is exploring potential mergers and acquisitions to enhance its market position and growth prospects[35] Other Financial Metrics - Non-recurring gains and losses totaled ¥9,256,864.90, with a net amount after tax of ¥7,897,168.24[14] - The company received government subsidies amounting to ¥8,642,043.09, contributing positively to its financial performance[14] - The company reported an increase in undistributed profits to ¥111,704,319.43 from ¥98,121,177.20, reflecting a growth of approximately 13.5%[30] - The company reported a significant increase in fair value gains from financial products, rising by 8622.53% to ¥1,218,989.65[12]
新赣江(873167) - 2024 Q1 - 季度财报