ST金时(002951) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥5,981,608.39, a decrease of 81.28% compared to ¥31,961,212.59 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥6,090,018.40, which is a 6.83% increase in loss compared to a loss of ¥5,700,887.74 in the previous year[5] - The net cash flow from operating activities was negative at ¥14,638,263.16, representing a decline of 146.63% from ¥-5,935,391.57 in the same period last year[5] - The company’s basic earnings per share for Q1 2024 was ¥-0.0152, a decrease of 7.80% from ¥-0.0141 in the same period last year[5] - Net loss for Q1 2024 was CNY 9,586,002.26, compared to a net loss of CNY 6,146,984.75 in Q1 2023, representing a 56.06% increase in losses[33] - Other comprehensive income after tax for Q1 2024 was CNY 7,062,364.83, a significant decrease from CNY 387,837,813.74 in the same period last year[33] - The company reported a total comprehensive loss of CNY 2,523,637.43 for Q1 2024, compared to a comprehensive income of CNY 381,690,828.99 in Q1 2023[33] Cash Flow Analysis - The net cash flow from operating activities for Q1 2024 was -14,638,263.16 CNY, compared to -5,935,391.57 CNY in the same period last year, indicating a significant decline in operational cash flow[35] - Total cash inflow from investment activities was 265,913,464.98 CNY, up from 132,345,537.00 CNY in the previous year, primarily driven by cash recovered from investments of 263,373,964.23 CNY[35] - The net cash flow from investment activities was -84,441,285.31 CNY, a decrease from 19,681,619.03 CNY in the prior year, reflecting increased investment expenditures[35] - Cash outflow from financing activities totaled 15,275,571.21 CNY, compared to 2,447,520.66 CNY in the previous year, indicating a rise in financing costs[36] - The net increase in cash and cash equivalents for the period was -114,355,119.68 CNY, contrasting with an increase of 14,424,381.79 CNY in the same quarter last year[36] - The ending balance of cash and cash equivalents was 346,003,910.07 CNY, down from 231,550,003.19 CNY in the previous year[36] - The company reported a total cash inflow from operating activities of 14,864,741.67 CNY, significantly lower than 38,758,237.76 CNY in the same quarter last year[35] - Payments to employees and for employee benefits amounted to 10,439,013.15 CNY, a decrease from 21,234,556.51 CNY in the previous year, reflecting cost-cutting measures[35] - The company did not report any cash inflow from financing activities related to new investments or loans during the quarter[36] Asset and Liability Overview - The total assets at the end of the reporting period were ¥2,343,715,685.10, reflecting a 1.29% increase from ¥2,313,801,719.28 at the end of the previous year[5] - The company's total assets increased to CNY 2,343,715,685.10 in Q1 2024, up from CNY 2,313,801,719.28 at the end of the previous quarter[31] - Total liabilities decreased to CNY 254,043,880.93 in Q1 2024, down from CNY 268,810,193.98 in the previous quarter[31] - The company's equity attributable to shareholders was CNY 2,027,681,581.96, a slight decrease from CNY 2,043,334,377.24 in the previous quarter[31] Research and Development - The company reported a significant increase in research and development expenses, totaling ¥3,339,602.32, which is an increase of 268.75% compared to ¥905,654.14 in the previous year[10] - Research and development expenses for Q1 2024 were CNY 3,339,602.32, significantly higher than CNY 905,654.14 in the same period last year, indicating a focus on innovation[32] Acquisitions and Investments - The company acquired a subsidiary, 千页科技, which resulted in a significant increase in accounts receivable by 558.31% to ¥28,836,288.91[9] - The company reported a substantial increase in inventory, which rose by 495.92% to ¥19,901,624.58, primarily due to the acquisition of 千页科技[9] - The company’s goodwill increased to ¥32,509,455.76 due to the acquisition of 千页科技[9] - The company agreed to acquire 43.04% equity in Sichuan Qianye Technology Co., Ltd. for no more than 79.38 million yuan, controlling a total of 65.51% voting rights post-transaction[19] - The total transaction amount for the acquisition was adjusted to 78.2523 million yuan due to the final pre-investment valuation being below 120 million yuan[22] - The company established a new subsidiary, Sichuan Jinshi Hengding Technology Co., Ltd., with a registered capital of 20 million yuan, holding 90% equity[23] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 10,633, with the largest shareholder holding 65.84% of the shares[14] - As of March 31, 2024, the company had repurchased a total of 3,982,700 shares, representing 0.98% of the total shares[24] - The company completed the first phase of its share repurchase plan, acquiring 3,780,700 shares, which is 0.93% of the total shares[25] Production and Asset Management - The construction of the Hunan production base was completed, resulting in an increase of fixed assets by 418.9374 million yuan[26] - The company plans to increase annual depreciation expenses by 11.8985 million yuan starting from April 2024 due to the transfer of construction projects to fixed assets[26] Risk and Compliance - The company’s stock has been placed under delisting risk warning due to a net profit of -44.57 million yuan for the fiscal year 2023 and operating revenue below 100 million yuan[15] - The first quarter report was not audited, which may affect the reliability of the financial data presented[37]