Financial Performance - The company's operating revenue for Q1 2024 was ¥30,438,870.62, a decrease of 48.27% compared to ¥58,844,941.00 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥8,251,799.97, representing a decline of 300.75% from a profit of ¥4,110,527.38 in the previous year[5] - The company reported a basic earnings per share of -¥0.08, a decrease of 260.00% from ¥0.05 in the same period last year[5] - Operating profit for Q1 2024 was CNY -10,080,320.36, compared to CNY 4,054,344.00 in the previous year, marking a substantial drop[19] - Net profit for Q1 2024 was a loss of CNY 8,251,799.97, compared to a profit of CNY 4,110,527.38 in Q1 2023, indicating a significant decline[19] Cash Flow - The net cash flow from operating activities was negative at ¥28,369,316.41, which is a 36.18% increase in loss compared to ¥20,831,648.63 in Q1 2023[11] - Cash flow from operating activities for Q1 2024 was CNY 63,277,518.24, down from CNY 74,063,735.71 in Q1 2023, a decrease of 14.4%[22] - The net cash flow from operating activities was -28,369,316.41, compared to -20,831,648.63 in the previous year, indicating a decline in operational cash flow[23] - The company’s cash flow from operating activities showed a total outflow of 91,646,834.65, compared to 94,895,384.34 in the previous year, indicating a slight improvement in operational cash management[23] Investment Activities - The company’s cash flow from investing activities was negative at -¥225,097,617.13, a significant increase in loss compared to -¥1,363,235.36 in Q1 2023[11] - Total cash outflow from investing activities was 227,454,109.37, significantly higher than 10,788,896.62 in the previous year, reflecting increased investment expenditures[23] - The cash paid for investments was 225,930,737.22, a substantial increase from 9,400,000.00 in the previous year, highlighting aggressive investment strategies[23] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥1,253,123,585.66, down 3.06% from ¥1,292,728,742.95 at the end of the previous year[5] - The company’s total equity attributable to shareholders decreased by 0.69% to ¥1,139,322,372.62 from ¥1,147,259,504.01 at the end of the previous year[5] - Total liabilities as of Q1 2024 were CNY 113,801,213.04, a decrease from CNY 145,469,238.94 in the previous year[19] - The company reported a total of ¥42,277,016.54 in accounts payable, up from ¥24,230,256.95, an increase of approximately 74.6%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,929, with no preferred shareholders having restored voting rights[12] - The largest shareholder, Shenzhen Zhongya Huaxin Technology Co., Ltd., holds 46.30% of shares, totaling 48,240,000 shares[12] Other Financial Metrics - The company experienced a significant increase in investment income, which rose to ¥175,608.04, a 584.33% increase from ¥25,661.26 in Q1 2023[11] - The company’s financial expenses increased by 773.33% to -¥4,055,607.50, compared to -¥464,382.93 in the previous year[11] - Research and development expenses for Q1 2024 were CNY 9,923,001.88, compared to CNY 11,379,682.53 in the same period last year, reflecting a decrease of 12.8%[19] - Other income for Q1 2024 was CNY 3,007,194.16, an increase from CNY 2,852,578.98 in Q1 2023[19] Liquidity - The company's cash and cash equivalents decreased from ¥840,628,072.31 to ¥732,499,477.09, a decline of approximately 12.9%[15] - The total cash and cash equivalents at the end of the period were 423,875,614.36, down from 678,834,638.86 at the beginning of the period, indicating a significant decrease in liquidity[23] Operational Updates - The company has not reported any new product developments or market expansion strategies in the current quarter[14] - The company’s first quarter report was not audited, which may affect the reliability of the financial data presented[25]
亚华电子(301337) - 2024 Q1 - 季度财报