Financial Performance - The company's operating revenue for Q1 2024 was ¥418,880,113.91, a decrease of 4.61% compared to ¥439,108,315.94 in the same period last year[5]. - The net profit attributable to shareholders was ¥20,323,398.05, down 5.11% from ¥21,416,920.68 year-on-year[5]. - The net profit after deducting non-recurring gains and losses increased by 18.67% to ¥20,406,470.88 from ¥17,195,433.09 in the previous year[5]. - The basic earnings per share for Q1 2024 was ¥0.17, down 5.56% from ¥0.18 in the same period last year[5]. - The diluted earnings per share also stood at ¥0.17, reflecting a 5.56% decrease compared to the previous year[5]. - The total comprehensive income for Q1 2024 was 20,255,325.49 CNY, compared to 21,416,920.68 CNY in Q1 2023, reflecting a decrease of about 5.4%[20]. Cash Flow and Investments - The net cash flow from operating activities improved by 34.46%, reaching -¥126,573,585.54 compared to -¥193,110,663.71 in the same period last year[5]. - Operating cash flow for Q1 2024 was -126,573,585.54 CNY, an improvement compared to -193,110,663.71 CNY in Q1 2023[23]. - The company experienced a net cash outflow from investing activities of -276,192,065.65 CNY in Q1 2024, compared to -149,333,238.70 CNY in Q1 2023, indicating increased investment expenditures[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,822,237,427.34, a decrease of 0.77% from ¥2,844,071,592.75 at the end of the previous year[5]. - Total current assets decreased to CNY 2,206,770,396.40 from CNY 2,439,450,326.06, a decline of 9.5%[15]. - Total liabilities decreased to CNY 898,152,670.87 from CNY 940,242,161.45, a reduction of 4.5%[16]. - Cash and cash equivalents decreased to CNY 429,959,230.33 from CNY 841,287,754.86, representing a decline of 48.9%[14]. - Accounts receivable increased to CNY 1,175,812,129.17 from CNY 1,017,376,794.25, reflecting a growth of 15.6%[15]. - Non-current assets increased to CNY 615,467,030.94 from CNY 404,621,266.69, an increase of 52.0%[15]. - Inventory increased to CNY 63,713,881.23 from CNY 34,370,289.93, a rise of 85.6%[15]. Shareholder Information - The equity attributable to shareholders increased by 1.07% to ¥1,924,215,051.57 from ¥1,903,891,653.84 at the end of the previous year[5]. - The total number of ordinary shareholders at the end of the reporting period was 16,564[10]. Research and Development - Research and development expenses decreased to 15,690,731.09 CNY in Q1 2024 from 24,310,234.36 CNY in Q1 2023, a reduction of approximately 35.5%[19]. Future Outlook - The company plans to continue focusing on market expansion and new product development strategies in the upcoming quarters[13].
元道通信(301139) - 2024 Q1 - 季度财报