Financial Performance - Net profit attributable to shareholders for Q1 2024 was a loss of CNY 25,432,607.18, a decline of 432.38% year-over-year[9] - Operating revenue for Q1 2024 was CNY 441,231,064.38, down 10.54% from the same period last year[9] - The company experienced a 315.78% decrease in operating profit, resulting in a loss of CNY 25,009,683.37 due to declining revenue and gross margins in the electronic components market[11] - Other income decreased by 69.45% to CNY 3,143,603.39, mainly due to a reduction in government subsidies[11] - Total profit decreased by 325.83% to -25,020,608.33 CNY, primarily due to a decline in operating profit[12] - Net profit fell by 453.06% to -25,670,698.17 CNY, attributed to a decrease in product revenue and gross margin[12] - The total comprehensive income for Q1 2024 was -¥14,208,445.94, compared to -¥3,415,823.58 in Q1 2023, indicating a worsening financial position[42] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 16,631,354.61, worsening by 74.44% compared to the previous year[9] - Operating cash flow net amount decreased by 74.44% to -16,631,354.61 CNY, mainly due to increased payments for purchases[12] - The net cash flow from operating activities for Q1 2024 was -¥16,631,354.61, worsening from -¥9,534,072.18 in Q1 2023[44] - Cash inflows from financing activities amounted to $115,000,000.00, compared to $184,465,000.00 in the prior period, indicating a decrease in financing activity[46] Assets and Liabilities - Total assets as of March 31, 2024, were CNY 2,149,318,573.45, a decrease of 0.87% compared to the end of 2023[9] - The asset-liability ratio for the consolidated entity was 64.22%, up from 63.49% at the end of 2023[9] - Total liabilities amounted to ¥1,380,291,275.46, a slight increase from ¥1,376,561,793.15[34] - Total equity decreased to ¥769,027,297.99 from ¥791,532,013.49, reflecting a decline of 2.9%[34] - The total equity decreased to CNY 653,347,832.16 in 2024 from CNY 663,507,638.97 in 2023, a decline of 1.9%[38] Shareholder Information - The total share capital remained at 421,630,000 shares, with 5,003 common shareholders[17] - The largest shareholder, Hangzhou Lierda Holding Group Co., Ltd., holds 42.52% of shares, totaling 179,263,660 shares[18] - The second-largest shareholder, Chen Kai, holds 11.46% of shares, totaling 48,322,900 shares[18] - There are no pledged or judicially frozen shares among the top shareholders[20] Investments and Expenses - Research and development expenses for Q1 2024 were CNY 26,185,779.86, slightly up from CNY 25,402,385.85 in Q1 2023, indicating a focus on innovation[39] - Financial expenses increased by 64.76% to CNY 5,524,334.93, attributed to higher loan interest and exchange losses[11] - Cash outflows for investment activities totaled $15,485,276.71, compared to $449,922.00 in the previous period, indicating increased investment spending[46] Guarantees and Related Transactions - The company provided external guarantees totaling CNY 559 million, with actual liability amounting to CNY 450.96 million[24] - The expected amount for daily related transactions was CNY 1.01 billion, with actual execution amounting to CNY 155.24 million[25] - The company has timely fulfilled its obligations regarding external guarantees and daily related transactions[22] - The company reported no significant related party transactions outside of the expected amounts[25] Other Information - The company has no ongoing litigation or arbitration matters[22] - The company has not faced any investigations or penalties during the reporting period[22] - The company has not conducted any share buybacks during the reporting period[22]
利尔达(832149) - 2024 Q1 - 季度财报