Financial Performance - The company's operating revenue for Q1 2024 was ¥27,764,922.83, a decrease of 28.96% compared to ¥39,083,104.71 in the same period last year[5] - Net profit attributable to shareholders was ¥14,366,104.11, down 10.98% from ¥16,137,170.75 year-on-year[5] - Total operating revenue for the first quarter was ¥27,764,922.83, a decrease of 29.1% compared to ¥39,083,104.71 in the previous period[16] - Net profit for the quarter was ¥14,366,104.11, down 11.7% from ¥16,137,170.75 in the same period last year[17] - Operating profit decreased to ¥14,430,573.94 from ¥19,066,514.47, reflecting a decline of 24.3%[16] - Total operating costs decreased to ¥18,243,711.47 from ¥24,226,020.78, representing a reduction of 24.8%[16] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 196.55%, reaching ¥15,369,846.87 compared to ¥5,182,901.18 in Q1 2023[9] - The company reported a net cash flow from financing activities of -¥729,771.47, a 48.41% improvement from -¥1,414,665.69 in Q1 2023[9] - Cash flow from operating activities increased significantly to ¥15,369,846.87, compared to ¥5,182,901.18 in the previous period, marking a growth of 196.5%[20] - Cash and cash equivalents at the end of the period rose to ¥604,946,616.38, up from ¥551,007,211.43, an increase of 9.8%[21] - The company's cash and cash equivalents increased to CNY 605,978,702.13 from CNY 526,392,225.43, reflecting a growth of approximately 14.99%[13] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,037,852,798.24, a decrease of 1.23% from ¥1,050,815,128.88 at the end of the previous year[5] - The total liabilities decreased by 35.01% to ¥50,737,825.74, primarily due to the payment of year-end employee bonuses and project prepayments[9] - Total current liabilities decreased significantly from CNY 75,673,410.71 to CNY 48,631,080.15, representing a reduction of about 35.73%[14] - The total liabilities decreased from CNY 78,066,260.49 to CNY 50,737,825.74, reflecting a decline of about 35.00%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,976, with the largest shareholder holding 33.82% of the shares[10] - The basic earnings per share for Q1 2024 was ¥0.14, down 12.50% from ¥0.16 in the same period last year[5] - The basic and diluted earnings per share were both ¥0.14, down from ¥0.16 in the previous period, a decrease of 12.5%[17] Government Support and Investments - The company received government subsidies amounting to ¥2,003,000.00, primarily from the national "specialized, refined, and new" small giant subsidy[7] - The company reported a total investment income of ¥880,273.97, compared to ¥808,283.91 in the previous period, reflecting a growth of 8.9%[16] Research and Development - Research and development expenses increased to ¥4,147,108.40 from ¥3,849,331.00, indicating a rise of 7.8%[16] Other Information - The company has not reported any new product developments or market expansion strategies in this quarter[15] - There are no significant mergers or acquisitions reported during this period[15] - The company's accounts receivable decreased from CNY 74,218,843.02 to CNY 63,132,839.74, a decline of about 14.93%[13] - The inventory level remained relatively stable, with a slight decrease from CNY 27,272,983.01 to CNY 27,079,513.03[13] - The company reported a significant reduction in employee compensation payable, decreasing from CNY 12,917,971.34 to CNY 3,880,965.87, a drop of approximately 69.94%[14] - The weighted average return on equity was 1.47%, a decrease of 0.27% compared to 1.74% in the previous year[5] - The company experienced a foreign exchange impact on cash and cash equivalents of ¥100,588.67, compared to a negative impact of -¥107,376.37 in the previous period[21]
魅视科技(001229) - 2024 Q1 - 季度财报