Lanpec(SH:601798)2024-04-26 13:56Financial Performance - The company's operating revenue for Q1 2024 was ¥95,215,854.43, representing a decrease of 15.11% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥6,859,830.01, indicating a loss[5]. - Basic earnings per share for the period were -¥0.019, reflecting the company's loss[5]. - Net profit for Q1 2024 was a loss of CNY 6,722,127.25, an improvement from a loss of CNY 16,488,945.30 in Q1 2023[18]. - The company's total comprehensive income for Q1 2024 was CNY -6,959,948.94, an improvement from CNY -16,664,453.33 in Q1 2023[19]. Cash Flow - The net cash flow from operating activities was -¥32,843,647.05, showing a negative cash flow situation[5]. - The company reported a net cash outflow from operating activities of CNY -32,843,647.05 in Q1 2024, compared to CNY -37,496,758.50 in Q1 2023[22]. - Cash received from sales of goods and services in Q1 2024 was CNY 287,807,124.45, an increase of 58% from CNY 182,516,612.23 in Q1 2023[21]. - The net increase in cash and cash equivalents for the period was a decrease of $19.49 million, compared to a decrease of $35.99 million in the previous period[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,612,231,335.22, down 1.62% from the previous year[6]. - The company's current assets totaled RMB 1,690,548,894.06, down from RMB 1,721,261,148.40, indicating a decrease of about 1.8%[14]. - Total liabilities decreased to RMB 1,322,161,031.39 from RMB 1,358,181,003.50, reflecting a reduction of about 2.6%[15]. - The company's short-term borrowings remained relatively stable at RMB 443,465,041.66 compared to RMB 443,407,430.56, showing minimal change[15]. Equity and Shareholder Information - The equity attributable to shareholders decreased by 0.56% to ¥1,277,732,444.34 compared to the end of the previous year[6]. - The total equity remained unchanged at RMB 354,528,198.00, indicating stability in the company's capital structure[15]. - The basic and diluted earnings per share for Q1 2024 were both CNY -0.019, an improvement from CNY -0.046 in Q1 2023[19]. Other Financial Metrics - The company reported non-recurring gains of ¥3,189,937.13, primarily from government subsidies and other non-operating income[9]. - The weighted average return on net assets was -0.005%, indicating a decline in profitability[6]. - Research and development expenses for Q1 2024 were CNY 6,733,343.92, down 35.5% from CNY 10,385,482.63 in Q1 2023[17]. - Other comprehensive income after tax for Q1 2024 was CNY -237,821.69, compared to CNY -175,508.03 in Q1 2023[19]. Audit and Management Confirmation - The company did not conduct an audit for the Q1 financial statements[4]. - The management confirmed the accuracy and completeness of the financial information presented in the report[3].