万马科技(300698) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 was ¥83,933,583.24, a decrease of 5.36% compared to ¥88,685,067.01 in the same period last year[5] - Net profit attributable to shareholders was ¥1,482,675.46, down 29.47% from ¥2,102,242.32 year-on-year[5] - Basic earnings per share decreased by 29.30% to ¥0.0111 from ¥0.0157 in the same period last year[5] - Total operating revenue for Q1 2024 was CNY 83,933,583.24, a decrease from CNY 88,685,067.01 in the previous period[18] - Net profit for Q1 2024 was CNY 1,482,675.46, a decline from CNY 2,034,793.93 in the same period last year[20] - Earnings per share (EPS) for Q1 2024 was CNY 0.0111, compared to CNY 0.0157 in the previous year[20] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of ¥68,652,864.70, worsening by 27.14% compared to the previous year's outflow of ¥53,996,504.39[5] - The net cash flow from operating activities was -68,652,864.70, compared to -53,996,504.39 in the previous year, indicating a decline of approximately 27.2%[23] - Cash inflow from financing activities totaled 29,835,007.45, down from 50,166,531.93, reflecting a decrease of about 40.5%[23] - The net cash flow from financing activities was -19,950,899.38, compared to a positive flow of 1,366,021.22 in the previous year, indicating a significant decline[23] - The total cash and cash equivalents decreased from ¥155,418,954.16 to ¥74,290,022.46, a decline of approximately 52.3%[14] - The total cash and cash equivalents decreased by 77,807,515.23, compared to a decrease of 48,774,620.89 in the same quarter last year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥821,787,138.40, down 8.22% from ¥895,424,873.83 at the end of the previous year[5] - Accounts receivable decreased from ¥321,581,359.38 to ¥249,122,687.27, representing a reduction of about 22.5%[15] - Inventory increased from ¥63,735,743.21 to ¥79,625,383.05, an increase of approximately 24.9%[15] - The total liabilities decreased to CNY 346,440,582.29 from CNY 423,769,212.18, reflecting improved financial health[19] - The total equity attributable to shareholders increased to CNY 475,346,556.11 from CNY 471,655,661.65, showing a positive trend in shareholder value[19] Research and Development - Research and development expenses increased by 40.14% to ¥11,458,243.31, attributed to an increase in personnel in the subsidiary's R&D team[9] - Research and development expenses rose to CNY 11,458,243.31 from CNY 8,176,252.27, indicating increased investment in innovation[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,514, with no preferred shareholders having restored voting rights[11] - The top shareholder, Zhang Desheng, holds 21.53% of shares, amounting to 28,843,500 shares[11] - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest shareholder alone holding over 21%[11] - The company has not reported any changes in the number of preferred shareholders or any significant changes in restricted shares[13] Other Income and Expenses - Other income rose significantly by 124.58% to ¥7,349,279.11, driven by VAT refunds and increased funding from industry support projects[9] - Cash received from tax refunds increased by 78.44% to ¥5,536,989.55, due to higher VAT refunds from the subsidiary's software products[10] - The company reported a decrease in tax expenses to CNY 83,416.74 from CNY 447,917.37, which may impact future profitability[19] - Other comprehensive income after tax was CNY 2,208,219.00, contributing to the total comprehensive income of CNY 3,690,894.46 for the period[20] Investment Activities - The company plans to continue investing in new projects, as indicated by a 831.88% increase in cash payments for fixed asset construction to ¥1,758,757.06[10] - Total cash inflow from investment activities was 166,691,711.29, significantly higher than 87,260,368.94 in the same quarter last year, representing an increase of about 91.0%[23] - The net cash flow from investment activities was 10,732,954.23, up from 3,871,635.93, marking an increase of approximately 177.5%[23] Employee Compensation - Payments to employees increased to 31,907,455.73 from 25,703,107.35, reflecting a rise of approximately 24.5%[23]