南极光(300940) - 2024 Q1 - 季度财报

Revenue and Profitability - Revenue for Q1 2024 was ¥50,861,057.75, a decrease of 46.04% compared to ¥94,259,852.85 in the same period last year[4] - Net loss attributable to shareholders improved to -¥11,134,195.17, a 63.18% reduction from -¥30,240,815.40 year-on-year[4] - Basic and diluted earnings per share improved by 68.67% to -¥0.0500 compared to -¥0.1596 in the previous year[4] - Total operating revenue for Q1 2024 was CNY 50,861,057.75, a decrease of 46.0% compared to CNY 94,259,852.85 in the same period last year[19] - Net profit for Q1 2024 was a loss of CNY 11,134,195.17, compared to a loss of CNY 30,240,815.40 in Q1 2023, representing a 63.2% improvement[20] - The total comprehensive income for Q1 2024 was -11,133,113.21 CNY, compared to -30,243,116.64 CNY in the same period last year, showing an improvement[21] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 161.96% to -¥35,996,658.82, primarily due to reduced revenue and increased procurement payments[7] - Cash flow from operating activities showed a net outflow of -35,996,658.82 CNY, worsening from -13,741,161.84 CNY in the previous year[24] - Cash inflow from operating activities totaled 115,620,851.00 CNY, down from 130,558,893.62 CNY in the prior year[23] - Cash outflow from operating activities was 151,617,509.82 CNY, compared to 144,300,055.46 CNY in the same period last year[24] - Investment activities resulted in a net cash outflow of -12,079,709.08 CNY, compared to -3,901,606.68 CNY in the previous year[24] - The cash and cash equivalents at the end of Q1 2024 were 356,900,196.11 CNY, an increase from 252,701,495.07 CNY at the end of Q1 2023[24] - The company reported a cash outflow of 2,515,142.77 CNY from financing activities, compared to an outflow of 32,720,080.43 CNY in the same period last year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,404,049,411.97, down 7.16% from ¥1,512,253,149.15 at the end of the previous year[4] - Total liabilities decreased to CNY 356,407,878.37 in Q1 2024, down 21.5% from CNY 453,478,502.34 in Q4 2023[17] - The company’s total equity attributable to shareholders decreased to CNY 1,047,641,533.60 in Q1 2024, down from CNY 1,058,774,646.81 in Q4 2023[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,729[9] - The top two shareholders, Pan Lianxing and Jiang Faming, each hold 22.52% of the shares, totaling 50,129,600 shares[9] - The total number of restricted shares held by major shareholders is 147,518,624, with a significant portion set to be released on April 30, 2024[13] - The company has a commitment to limit the transfer of shares held prior to the IPO to no more than 25% per year for two years after the lock-up period[13] - The company is actively managing its shareholder structure, with significant changes in the holdings of major shareholders noted[12] Cost Management and Expenses - The company implemented cost control measures, leading to a decrease in production costs and operating expenses compared to the previous year[7] - Total operating costs for Q1 2024 were CNY 66,848,524.67, down 48.9% from CNY 130,707,770.30 year-over-year[19] - Research and development expenses for Q1 2024 were CNY 5,090,030.96, a decrease of 40.3% from CNY 8,550,577.10 in the previous year[20] Inventory and Receivables - Accounts receivable decreased to ¥138,489,242.41 from ¥183,329,965.41, a reduction of about 24.4%[15] - The company reported an increase in receivables financing to ¥24,100,000.31 from ¥11,211,295.43, marking a growth of approximately 114.5%[15] - The company’s prepayment items increased to ¥1,554,420.54 from ¥643,451.30, indicating a rise of approximately 142.3%[15] - Inventory increased to CNY 26,697,241.04 in Q1 2024, up 17.5% from CNY 22,735,083.37 in Q4 2023[16] Strategic Focus - The company’s strategic focus includes potential market expansion and product development, although specific details were not disclosed in the current report[14] Other Information - The company terminated its stock incentive plan in November 2023, resulting in no stock incentive expenses for the current period[7] - The first quarter report was not audited[26]