龙腾光电(688055) - 2024 Q1 - 季度财报

Financial Performance - In Q1 2024, the net profit attributable to shareholders of the parent company was -58,779,802.35 RMB, compared to -111,929,037.90 RMB in the same period last year, showing an improvement[8]. - The total profit for Q1 2024 was -74,616,139.96 RMB, an improvement from -135,869,034.83 RMB year-over-year[6]. - The operating profit for Q1 2024 was -75,504,753.84 RMB, compared to -136,562,863.68 RMB in the previous year, indicating a reduction in losses[6]. - The basic earnings per share for Q1 2024 were -0.018 RMB, an improvement from -0.034 RMB in the previous year[8]. - The company reported a tax expense of -15,836,337.61 RMB in Q1 2024, compared to -23,939,996.93 RMB in the same period last year[6]. - Other comprehensive income after tax for Q1 2024 was -628.85 RMB, a decline from 56,974.27 RMB in the previous year[8]. - The company experienced a foreign exchange gain of 6,845.84 RMB in Q1 2024, compared to a gain of 680.90 RMB in the same period last year[8]. - The company reported a net loss in cash flow from operating activities, indicating potential challenges in cash management[40]. - The weighted average return on net assets was -1.32%[54]. Cash Flow and Assets - The net cash flow from operating activities decreased by 109.05% due to increased cash payments for goods and services[13]. - The net cash flow from investing activities was -¥43,065,160.65, compared to -¥22,188,467.83 in the previous period, showing an increase in cash outflow[25]. - The net cash flow from financing activities was ¥36,026,395.11, down from ¥145,645,064.60, indicating a significant decrease of approximately 75.7%[25]. - The company's net cash flow decreased by ¥13,499,038.11 compared to an increase of ¥226,385,013.46 in the previous period[25]. - As of March 31, 2024, the company's cash and cash equivalents decreased to ¥2,085,519,948.42 from ¥2,099,018,986.53 at the end of 2023, reflecting a decline of approximately 0.65%[28]. - The total current assets decreased to ¥3,579,111,910.03 from ¥3,706,388,841.25, representing a reduction of about 3.44%[30]. - The company's inventory decreased to ¥827,117,234.76 from ¥889,410,422.72, indicating a decline of approximately 7.02%[30]. - The company's receivables from accounts decreased to ¥551,913,062.98 from ¥582,796,704.73, reflecting a decline of approximately 5.3%[28]. - The company's total assets decreased to ¥7,242,486,979.73 from ¥7,367,976,052.10, reflecting a decline of about 1.69%[30]. Revenue and Costs - Total operating revenue for Q1 2024 reached ¥926,819,676.17, a 20.7% increase from ¥767,743,116.31 in Q1 2023[37]. - Total operating costs for Q1 2024 were ¥955,902,305.04, up 15.7% from ¥826,063,855.82 in Q1 2023[37]. - Cash received from sales of goods and services in Q1 2024 was ¥1,007,660,466.48, an increase from ¥927,100,906.48 in Q1 2023[40]. - The total liabilities amounted to ¥2,806,449,820.88, a slight decrease from ¥2,875,471,497.30 in the previous period[37]. - The total equity attributable to shareholders was ¥4,436,037,158.85, down from ¥4,492,504,554.80[37]. - The equity attributable to shareholders decreased to ¥4,436,037,158.85, a decline of 1.26% compared to the previous year[54]. Research and Development - Research and development expenses for Q1 2024 were 53,524,662.18 RMB, slightly down from 54,360,036.83 RMB in the same quarter last year[6]. - Research and development expenses totaled ¥53,524,662.18, accounting for 5.78% of operating revenue, a decrease of 1.30 percentage points[54]. Shareholder Information - The largest shareholder, Kunshan Guochuang Investment Group Co., Ltd., holds 1,530,000,000 shares, representing 45.90% of total shares[42]. - The second largest shareholder, InfoVision Optoelectronics Holdings Limited, owns 1,457,220,000 shares, accounting for 43.72%[42]. Future Outlook - The company plans to stabilize product prices and increase shipment volumes to improve financial performance in the upcoming quarters[13]. - The company has not disclosed any new product developments or market expansion strategies during the reporting period[41].