锦富技术(300128) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥386,981,257.71, representing an increase of 18.31% compared to ¥327,084,115.95 in the same period last year[6]. - The net loss attributable to shareholders was ¥58,548,382.23, a decline of 60.70% from a loss of ¥36,433,912.15 in the previous year[6]. - The company's basic and diluted earnings per share were both -¥0.0451, a decrease of 35.44% from -¥0.0333 in the same period last year[7]. - Net profit for the first quarter was a loss of ¥75,944,220.08, compared to a loss of ¥39,478,467.23 in the same period last year, indicating a deterioration in profitability[32]. Cash Flow and Investments - The net cash flow from operating activities improved by 24.65%, amounting to -¥104,528,257.92 compared to -¥138,728,130.53 in the prior year[6]. - Cash received from sales and services increased by 64.02% to approximately $474.70 million, primarily due to an increase in accounts receivable recovery[15]. - Cash paid for purchasing goods and services rose by 53.45% to approximately $418.84 million, attributed to increased accounts payable and prepayments[15]. - Cash paid for fixed assets, intangible assets, and other long-term assets surged by 306.13% to approximately $45.16 million, reflecting higher investments in fixed assets[15]. - Cash paid for investments skyrocketed by 801.50% to approximately $54.00 million, indicating a significant increase in external investments[15]. - The company incurred a total of ¥105,902,040.76 in cash outflows from investing activities, compared to ¥37,864,202.44 in the prior period, reflecting a substantial increase in investment expenditures[35]. - The net cash flow from financing activities was positive at ¥60,946,748.17, a decrease from ¥156,588,328.51 in the previous period, indicating a reduction in financing inflows[35]. Operating Costs and Expenses - The company experienced a 32.04% increase in operating costs, totaling ¥356,577,724.91, in line with the rise in revenue[14]. - Total operating costs increased to ¥474,746,990.87 from ¥362,708,889.34, marking a rise of about 30.8%[31]. - Research and development expenses increased by 46.10% to ¥19,701,710.67, reflecting a greater investment in R&D initiatives[14]. - Research and development expenses rose to ¥19,701,710.67, up from ¥13,484,649.02, reflecting a year-over-year increase of approximately 46.2%[31]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,834,075,349.90, down 2.47% from ¥3,931,061,272.55 at the end of the previous year[7]. - Current assets decreased from RMB 2,060.00 million to RMB 1,939.65 million, primarily due to a reduction in cash and accounts receivable[26]. - The company's total liabilities increased from RMB 2,298.58 million to RMB 2,313.16 million, with short-term borrowings rising from RMB 651.82 million to RMB 694.78 million[28]. - The company's total equity attributable to shareholders decreased by 8.44% to ¥1,065,044,178.58 from ¥1,163,262,525.58 at the end of the previous year[7]. - The company's equity attributable to shareholders decreased from RMB 1,163.26 million to RMB 1,065.04 million, reflecting a decline in retained earnings[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,483[17]. - The largest shareholder, Taixing Zhicheng Industrial Investment Fund, holds 18.35% of shares, totaling 238,392,060 shares[18]. - The company repurchased 10,057,794 shares, accounting for 0.77% of the total share capital of 1,299,115,412 shares[19]. - Shareholder Sai Er New Energy plans to increase its stake in the company by investing between RMB 60 million and RMB 100 million, completing the purchase of 25,985,611 shares, which is 2% of the total share capital, for a total of RMB 99.82 million[21]. - The company announced a share repurchase plan with a total investment of no less than RMB 80 million and no more than RMB 120 million, with a maximum repurchase price of RMB 5.9 per share[22]. - As of March 29, 2024, the company has repurchased a total of 10,057,794 shares, accounting for 0.77% of the total share capital, with a total expenditure of RMB 41.58 million[23]. Regulatory and Miscellaneous - The company received a warning letter from the Jiangsu Securities Regulatory Bureau regarding incomplete information disclosure by its controlling shareholder[24]. - The first quarter report for the company was not audited[37]. - The new accounting standards will be implemented starting in 2024[37]. - The adjustments related to the financial statements for the year of first-time application are not applicable[37]. - The board meeting of Suzhou Jinfu Technology Co., Ltd. took place on April 26, 2024[38].