锦浪科技(300763) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥1,396,839,830.94, a decrease of 15.56% compared to ¥1,654,306,172.40 in the same period last year[4] - Net profit attributable to shareholders was ¥20,286,204.80, down 93.74% from ¥324,243,833.04 year-on-year[4] - Total revenue for Q1 2024 decreased by 91.63% to approximately ¥30.80 million compared to ¥367.84 million in the same period last year[8] - Net profit for Q1 2024 was approximately ¥20.29 million, down 93.74% from ¥324.13 million year-on-year[8] - Basic earnings per share decreased to ¥0.05, down 94.12% from ¥0.85 in the same period last year[4] - Net profit for the current period is ¥20,286,204.80, a significant decline of 93.7% compared to ¥324,128,022.12 in the previous period[17] Cash Flow - The net cash flow from operating activities was -¥7,271,394.53, a decline of 106.24% compared to ¥116,609,774.77 in the previous year[4] - Cash flow from operating activities showed a net outflow of approximately ¥7.27 million, a decline of 106.24% compared to a net inflow of ¥116.61 million last year[8] - Total cash outflow from operating activities is ¥1,059,360,416.04, a decrease from ¥1,434,982,570.08 in the previous period[18] - The company reported a net decrease in cash and cash equivalents of CNY 257,919,467.45 in Q1 2024, contrasting with an increase of CNY 1,919,658,365.54 in Q1 2023[19] - The company's cash and cash equivalents decreased to ¥818,980,996.25 from ¥1,078,153,253.65, reflecting a decline of approximately 24.1%[13] Assets and Liabilities - Total assets at the end of the reporting period were ¥21,867,063,505.02, an increase of 1.27% from ¥21,592,306,774.67 at the end of the previous year[4] - The total liabilities of the company reached ¥14,072,315,596.45, compared to ¥13,836,205,748.37 at the beginning of the period, marking an increase of approximately 1.7%[14] - The company's short-term borrowings surged to ¥823,754,019.43 from ¥100,040,972.22, reflecting a significant increase of about 720.5%[14] - Accounts receivable increased significantly to ¥1,209,917,524.90, up from ¥936,068,162.14, representing a growth of about 29.2%[13] - Inventory levels rose slightly to ¥1,974,699,385.67 from ¥1,959,800,949.48, indicating a marginal increase of 0.8%[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 51,748, with the top ten shareholders holding a combined 50.56% of shares[9] - Major shareholder Wang Yiming holds 24.93% of the shares, amounting to approximately 99.94 million shares[9] - The company has not disclosed any related party relationships among other shareholders[10] - There were no shareholders among the top ten who participated in margin trading or securities lending[10] Operational Efficiency and Future Plans - The company has announced a "Quality Return Dual Improvement" action plan aimed at enhancing operational efficiency and shareholder value[12] - The company is recognized as a high-tech enterprise, which may enhance its market position and growth potential[12] Financial Reporting and Standards - The first quarter report was not audited, which may affect the reliability of the financial data presented[19] - The company has not yet adopted the new accounting standards as of the report date[19] - The company's board of directors released the report on April 29, 2024, indicating timely communication of financial performance[19] Other Financial Metrics - Financial expenses increased by 170.98% to ¥85,759,708.59, attributed to increased interest expenses from project financing[7] - The company recorded a government subsidy of ¥7,609,154.74, contributing positively to its financial results[5] - Cash received from sales decreased by 35.15% to approximately ¥926.82 million, down from ¥1.43 billion in the previous year[8] - Cash flow from financing activities decreased by 61.30% to approximately ¥1.59 billion, down from ¥4.11 billion in the previous year[8] - The company reported a tax expense of ¥10,509,831.77, down from ¥43,712,080.58 in the previous period[17]