ST宇顺(002289) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥23,604,175.92, a decrease of 11.18% compared to ¥26,575,609.07 in the same period last year[4] - The net loss attributable to shareholders was ¥9,018,145.80, representing a 10.45% increase from a loss of ¥8,164,639.82 in the previous year[4] - The net cash flow from operating activities was -¥61,373,516.57, a significant decline of 1,080.95% compared to a positive cash flow of ¥6,256,557.09 in the same period last year[4] - The company's basic and diluted earnings per share were both -¥0.0322, a decrease of 6.27% from -¥0.0303 in the same period last year[4] - Total operating revenue for the current period is CNY 23,604,175.92, a decrease of 11.06% from CNY 26,575,609.07 in the previous period[29] - Net profit for the current period is a loss of CNY 9,018,145.80, compared to a loss of CNY 8,164,639.82 in the previous period, indicating a worsening of 10.45%[31] - Operating cash flow for the current period is a net outflow of CNY 61,373,516.57, contrasting with a net inflow of CNY 6,256,557.09 in the previous period[32] Assets and Liabilities - Total assets increased by 6.32% to ¥336,215,947.38 from ¥316,229,381.75 at the end of the previous year[4] - The company's total liabilities increased to RMB 97,309,119.38 from RMB 68,304,407.95[28] - The company's current assets totaled RMB 184,983,815.14, up from RMB 163,533,287.64 at the beginning of the period[26] - The company's cash and cash equivalents decreased by 65.54% to ¥31,535,348.44 from ¥91,510,668.03 at the beginning of the period, primarily due to increased procurement payments[9] - The company's accounts receivable increased by 16,263.64% to ¥65,848,878.49 from ¥402,409.78, mainly due to the receipt of commercial acceptance bills from customers[9] Expenses - The company reported a 56.09% increase in management expenses to ¥8,928,125.35, attributed to higher depreciation, leasing, and labor costs[10] - Total operating costs for the current period are CNY 33,689,682.02, down 4.10% from CNY 35,130,929.69 in the previous period[29] - Research and development expenses for the current period are CNY 1,082,953.38, slightly up from CNY 1,031,471.19 in the previous period[29] - The company reported a significant increase in sales expenses, which reached CNY 1,264,628.70, down from CNY 1,605,398.43 in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,299[11] - The largest shareholder, Shanghai Fengwang Industrial Co., Ltd., holds 27.00% of shares, totaling 75,668,508 shares[11] - The second-largest shareholder, Lin Meng, holds 7.39% of shares, totaling 20,706,000 shares, which are currently frozen[11] - The top ten shareholders include several individuals with significant share pledges and freezes, indicating potential liquidity concerns[11] - The company has a total of 14,012,638 shares with voting rights held by related parties, representing 5% of the total share capital[12] - The company has not reported any changes in the participation of major shareholders in margin financing or securities lending activities[12] Government and Relocation - The company received government subsidies amounting to ¥449,478.17, an increase of 42.28% from ¥315,901.80 in the same period last year[10] - The company received a relocation compensation of 11,203,797 RMB for moving its subsidiary, with 40% (4,481,518 RMB) already received[18] - The company received a total of RMB 6,722,279 in relocation compensation, accounting for 60% of the total compensation amount[19] - The company completed the relocation of its subsidiary's main production line and related facilities by August 14, 2023[18] Corporate Governance - The board of directors and supervisory board underwent changes, with new members elected on January 16, 2024[14] - The company appointed a new board secretary, Zhao Liyao, on April 23, 2024[17] - The company approved the dissolution of its subsidiary, Shenzhen Yingbao Intelligent Technology Investment Development Co., Ltd., which had no actual operations and will not impact the company's business development or financial statements[20] - The company changed the name and business location of its subsidiary, completing the necessary registration changes on January 3, 2024[21] - The company plans to establish branches in Shanghai and Ningbo to support business development, with management authorized to handle the implementation[22] Cash Flow - The net cash flow from investment activities was ¥3,232,701.56, a significant increase of 1,905.78% compared to -¥179,020.00 in the previous year[10] - Total cash outflow from operating activities is CNY 97,243,572.77, significantly higher than CNY 29,904,574.04 in the previous period[32] - Cash and cash equivalents at the end of the period stand at CNY 26,879,596.90, down from CNY 107,804,167.21 at the end of the previous period[33]