金龙机电(300032) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥277,627,095.44, a decrease of 68.11% compared to ¥870,665,870.32 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥8,880,193.50, representing a decline of 136.85% from a profit of ¥24,097,131.97 in the previous year[5] - The net cash flow from operating activities was negative at ¥18,967,146.17, a decrease of 225.49% compared to ¥15,114,961.44 in Q1 2023[5] - The basic and diluted earnings per share were both -¥0.0111, down 137.00% from ¥0.0300 in the same quarter last year[5] - Revenue from sales of goods and services decreased by 73.40% to CNY 352,776,481.12 compared to CNY 1,326,254,869.75 in the previous year[9] - The company reported a net loss attributable to shareholders of ¥3,135,806,237.51, compared to a loss of ¥3,117,953,607.73 in the previous period[19] - The net profit for Q1 2024 was -8,392,662.77 CNY, compared to a net profit of 23,548,725.35 CNY in the same period last year, representing a significant decline[21] - Operating profit for Q1 2024 was -10,388,184.50 CNY, while the previous year reported an operating profit of 26,124,940.28 CNY, indicating a year-over-year decrease[21] - The total comprehensive income for Q1 2024 was -7,955,622.39 CNY, compared to 23,650,005.11 CNY in Q1 2023[21] Assets and Liabilities - Total assets decreased by 14.65% to ¥1,767,106,472.39 from ¥2,070,372,715.11 at the end of the previous year[5] - Total liabilities decreased to ¥999,884,525.87 from ¥1,270,834,630.46, a decline of 21.3%[19] - The company’s equity attributable to shareholders decreased to ¥773,498,231.18 from ¥806,307,896.42, a decrease of 4.1%[19] Cash Flow and Investments - The company recorded non-operating income of ¥13,324,177.90, mainly from the disposal of equity interests and government subsidies[6] - Cash received from investment activities increased by 90.19% to CNY 239,123,234.00, resulting from the full recovery of funds from the disposal of joint ventures[10] - The company reported a net cash flow from investing activities of 239,556,893.01 CNY in Q1 2024, contrasting with a negative cash flow of -20,705,519.68 CNY in Q1 2023[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 41,780[11] - The largest shareholder, Hebei Ningrui Woge Enterprise Management Consulting Co., Ltd., holds 16.49% of shares, totaling 132,426,713 shares[11] - The board proposed to issue stock to specific investors for a total financing amount not exceeding 300 million RMB, which is 20% of the company's net assets as of the end of the last fiscal year[15] Operational Changes - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[5] - The company has not disclosed any new product or technology developments in this report[11] - The company has not reported any new market expansion or acquisition strategies in this quarter[11] Other Financial Metrics - The company's cash and cash equivalents increased by 79.27% to ¥248,077,325.91, primarily due to proceeds from the disposal of equity interests[8] - Financial expenses decreased by 84.09% to CNY 1,666,958.20, attributed to foreign exchange gains during the reporting period[9] - Tax expenses decreased by 172.69% to CNY -1,747,435.51, due to reduced taxable income from profitable subsidiaries[9] - Other gains increased by 137.40% to CNY 4,389,165.31, primarily from VAT deductions under favorable tax policies[9]