Financial Performance - The company's operating revenue for Q1 2024 was CNY 108,941,629.47, representing a 9.21% increase compared to CNY 99,755,077.05 in the same period last year[3]. - The net loss attributable to shareholders was CNY -13,079,707.67, a slight improvement of 2.11% from CNY -13,361,648.04 year-on-year[3]. - The basic earnings per share for Q1 2024 was CNY -0.0762, a 2.18% improvement from CNY -0.0779 in the same period last year[3]. - The net loss for Q1 2024 was CNY 13,246,827.40, slightly improved from a net loss of CNY 13,361,647.94 in Q1 2023[22]. - The company reported an operating profit of CNY -13,904,082.58, an improvement from CNY -18,910,816.87 in the previous year[22]. Cash Flow - The net cash flow from operating activities decreased by 37.51% to CNY -21,896,635.29 from CNY -15,924,019.05 in the previous year[3]. - Operating cash flow for the current period was ¥214,057,342.45, an increase of 4.50% compared to ¥204,844,818.37 in the same period last year, primarily due to increased project collections[11]. - The net cash flow from operating activities was negative at CNY -21,896,635.29, worsening from CNY -15,924,019.05 in the prior period[24]. - Cash inflow from investment activities was CNY 701,770.57, down from CNY 1,101,640.21, a decline of approximately 36.4%[26]. - Cash outflow from investment activities surged to CNY 73,780,193.87, compared to CNY 2,886,940.65, reflecting a significant increase of about 2,455.5%[26]. - The net cash flow from investment activities was negative at CNY -73,078,423.30, worsening from CNY -1,785,300.44 in the previous period[26]. - Cash outflow from financing activities was CNY 2,028,070.96, down from CNY 3,780,974.99, a decrease of approximately 46.5%[26]. - The net cash flow from financing activities was negative at CNY -2,028,070.96, improving from CNY -3,780,974.99 in the prior period[26]. - The ending cash and cash equivalents balance was CNY 365,216,610.19, down from CNY 440,724,486.66, a decrease of about 17.0%[26]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 1,766,561,541.79, down 4.04% from CNY 1,841,015,454.80 at the end of the previous year[3]. - The total liabilities also decreased to CNY 935,935,999.31 from CNY 997,143,084.92, a reduction of 6.1%[19]. - The long-term equity investments amounted to CNY 27,685,818.28, down from CNY 32,474,582.59, a decrease of 14.8%[19]. - Total current assets decreased to ¥1,361,715,371.32 from ¥1,432,262,766.20, indicating a decline in liquidity[16]. - Cash and cash equivalents decreased to ¥389,490,099.76 from ¥473,112,464.65, reflecting a reduction in available cash[16]. Research and Development - Research and development expenses increased by 23.59% to CNY 10,281,532.14 from CNY 8,319,057.52 year-on-year[10]. - Research and development expenses increased to CNY 10,281,532.14 from CNY 8,319,057.52, reflecting a growth of 23.6%[22]. Shareholder Information - The company reported a total of 12,108 common shareholders at the end of the reporting period, with no preferred shareholders[13]. - The largest shareholder, Shenzhen Investment Holdings, holds 37.50% of the shares, amounting to 64,350,000 shares[13]. Regulatory and Audit Information - The company received a warning from the Shenzhen Securities Regulatory Bureau regarding discrepancies in independent director declarations[15]. - The company’s first quarter report was not audited, indicating a need for caution in interpreting the financial data[27]. Inventory and Contract Assets - The company's contract assets decreased by 5.83% to CNY 833,284,226.45 from CNY 884,897,844.15 at the end of the previous year[8]. - The company's inventory increased by 44.73% to CNY 31,333,901.39 due to new investments in construction projects[8]. - The company’s inventory increased to ¥31,333,901.39 from ¥21,650,332.38, indicating a rise in stock levels[16].
深水规院(301038) - 2024 Q1 - 季度财报