Financial Performance - Net profit attributable to shareholders for Q1 2024 was CNY 14,776,724.16, down 24.12% year-on-year[10] - Operating revenue for Q1 2024 was CNY 51,609,352.92, representing a decline of 10.59% compared to the same period last year[10] - The company's cash flow from operating activities showed a net outflow of CNY 27,467,207.94, a decrease of 48.13% year-on-year[10] - Total operating revenue for Q1 2024 was CNY 51,609,352.92, a decrease of 10.5% compared to CNY 57,724,721.31 in Q1 2023[37] - Net profit for Q1 2024 was CNY 14,954,136.20, a decline of 22.4% from CNY 19,286,372.21 in Q1 2023[38] - Earnings per share for Q1 2024 was CNY 0.10, compared to CNY 0.13 in Q1 2023[39] - Operating profit for Q1 2024 was 16,975,011.90, a decline of 27.1% from 23,288,587.70 in Q1 2023[41] - Total comprehensive income for Q1 2024 was 14,433,872.10, compared to 19,679,250.25 in Q1 2023[42] Assets and Liabilities - Total assets as of March 31, 2024, were CNY 819,859,395.04, a decrease of 1.98% compared to the end of the previous year[10] - Current assets totaled ¥709,992,031.23, down from ¥725,583,757.25, indicating a decrease of about 2.3%[30] - Total liabilities decreased to ¥202,458,893.19 from ¥233,963,243.44, a reduction of around 13.4%[32] - Current liabilities totaled ¥191,894,672.27, down from ¥223,322,262.81, showing a decrease of about 14.1%[32] - The company's equity increased to ¥617,400,501.85 from ¥602,446,365.64, reflecting a growth of approximately 2.5%[32] - Total liabilities to assets ratio (consolidated) improved to 24.69% from 27.97% at the end of the previous year[10] Shareholder Information - The total number of ordinary shareholders was 4,157 as of the report date[17] - Guangdong Province Yuexin holds 32.41% of shares, totaling 49,852,000 shares[18] - Dongguan Run Du holds 17.94% of shares, totaling 27,600,000 shares[18] - The total shareholding of the top ten shareholders is 124,165,871 shares, representing 80.72% of the total shares[19] - The company has no pledged or judicially frozen shares among major shareholders[20] Investment Activities - Investment income decreased by 65.07% to CNY 372,894.67 due to changes in the types of financial products purchased[12] - The company plans to acquire 100% of Guangdong Province Electromechanical Equipment Bidding Center Co., Ltd. for CNY 147,892,900[25] - The acquisition was approved in the board meeting on March 25, 2024, and completed the registration on April 16, 2024[26] - Cash inflow from investment activities decreased to $301.93 million, compared to $330.74 million last year, indicating a slight decrease of approximately 8.5%[47] - Cash outflow for investment activities totaled $180.05 million, down from $380.23 million, representing a reduction of about 52.7%[47] Cash Flow - Cash flow from operating activities for Q1 2024 was -27,467,207.94, an improvement from -52,953,032.20 in Q1 2023[43] - Cash and cash equivalents at the end of Q1 2024 increased to 347,136,085.38 from 252,189,329.54 in Q1 2023[44] - Cash flow from financing activities resulted in a net outflow of $1.34 million, slightly worse than the previous outflow of $1.22 million[47] - The company reported no cash inflow from financing activities, maintaining a consistent position compared to the previous period[47] Other Financial Metrics - The weighted average return on equity based on net profit attributable to shareholders was 2.43%, down from 3.29% in the previous year[10] - Research and development expenses for Q1 2024 were CNY 2,381,533.57, slightly down from CNY 2,411,215.43 in Q1 2023[37] - The company reported a financial income of CNY 3,290,258.55 in Q1 2024, compared to CNY 4,162,539.91 in Q1 2023[37] - The company reported a decrease in sales expenses to 1,036,301.12 from 1,209,030.76 in Q1 2023, reflecting a cost management strategy[41] - The cash inflow from investment income decreased to $526.83 thousand from $743.54 thousand, reflecting a decline of about 29.2%[47]
国义招标(831039) - 2024 Q1 - 季度财报