国源科技(835184) - 2024 Q1 - 季度财报

Financial Performance - Operating revenue for the first quarter of 2024 reached CNY 61,317,062.46, representing a significant increase of 58.95% year-over-year[10] - Net profit attributable to shareholders was CNY 1,694,604.89, a turnaround from a loss of CNY 7,750,641.84 in the same period last year, marking a 121.86% improvement[10] - The company reported a net profit of ¥685,421.29, a recovery from a loss of ¥888,569.18 in the previous period[40] - Net profit for Q1 2024 was ¥1,277,395.56, compared to a net loss of ¥5,120,028.32 in Q1 2023, marking a turnaround[48] - Total comprehensive income for Q1 2024 was ¥1,277,395.56, a recovery from a loss of ¥5,120,028.32 in Q1 2023[48] Cash Flow - The company reported a net cash flow from operating activities of CNY -32,498,117.52, a decline of 101.20% compared to the previous year[10] - Cash flow from operating activities in Q1 2024 was negative at -¥32,498,117.52, worsening from -¥16,152,446.59 in Q1 2023[49] - Cash inflows from investment activities totaled $5,000,000.00, down from $10,091,737.10 in the previous period, suggesting reduced investment income[53] - Cash outflows for the acquisition of fixed assets, intangible assets, and other long-term assets amounted to $560,794.46, compared to $238,031.61 previously, indicating increased capital expenditures[53] - Cash paid for debt repayment was $20,000,000.00, reflecting a substantial commitment to debt servicing[53] Assets and Liabilities - Total assets as of March 31, 2024, amounted to CNY 625,999,251.70, a decrease of 0.33% compared to the end of 2023[10] - Total liabilities decreased to ¥31,064,433.02 from ¥34,757,392.65, a decline of approximately 10.0%[40] - Current assets totaled ¥564,169,919.64, slightly down from ¥566,889,354.68, indicating a decrease of about 0.48%[38] - The company's total assets amounted to ¥625,691,541.62, slightly down from ¥627,059,379.97 in the previous period[43] Shareholder Information - The largest shareholder, Dong Licheng, holds 26,456,982 shares, representing 19.78% of total shares[20] - The second largest shareholder, Li Jingyan, holds 17,067,600 shares, accounting for 12.76% of total shares[20] - A total of 75,602,324 shares are held by the top ten shareholders, which is 56.51% of the total shares[20] - The shareholders Dong Licheng and Li Jingyan have a marital relationship, while Dong Licheng and Dong Liguo are brothers[20] Investment and Growth Strategies - Investment income surged by 591.58% to CNY 347,514.38, attributed to increased purchases of bank wealth management products[11] - The company is focusing on expanding its market presence and enhancing its product offerings through new technology developments[41] - The company plans to continue its strategic initiatives, including potential mergers and acquisitions to bolster growth[41] Stock and Incentive Plans - The company approved a stock incentive plan on April 9, 2024, granting 2,730,973 restricted stocks at a price of 4.12 yuan per share[33] - The stock incentive plan targets 57 senior management and core employees[33] Research and Development - Research and development expenses for Q1 2024 were ¥6,621,913.33, up from ¥5,962,251.99 in Q1 2023, marking an increase of approximately 11.1%[44] - Research and development expenses increased to ¥5,119,128.93 in Q1 2024, up from ¥4,465,567.59 in Q1 2023, reflecting a focus on innovation[47]