Financial Performance - The company's revenue for Q1 2024 was ¥197,429,556.07, a decrease of 0.54% compared to ¥198,491,643.71 in the same period last year[5] - The net profit attributable to shareholders was -¥5,910,584.55, representing a decline of 230.29% from ¥4,536,636.94 in the previous year[5] - The net cash flow from operating activities was ¥1,029,743.03, down 92.83% from ¥14,356,381.05 in Q1 2023[5] - Total operating revenue for Q1 2024 was CNY 197,429,556.07, a decrease of 0.54% from CNY 198,491,643.71 in Q1 2023[26] - Net profit for Q1 2024 was CNY -5,127,141.72, compared to a net profit of CNY 4,104,942.09 in Q1 2023, indicating a significant decline[27] - The company reported a basic and diluted earnings per share of CNY -0.0432, compared to CNY 0.0426 in the previous year[27] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥2,371,502,729.90, a decrease of 2.85% from ¥2,440,953,836.68 at the end of the previous year[5] - The company's total liabilities decreased by 2.85% compared to the previous year, reflecting a strategic focus on reducing debt[5] - The company's total assets decreased from CNY 2,440,953,836.68 in the previous quarter to CNY 2,371,502,729.90[25] - The company's total liabilities decreased from ¥942.95 million to ¥900.42 million during the same period[24] Cash Flow - The cash and cash equivalents at the end of the period were ¥303,993,634.49, down 65.95% from ¥892,662,775.76 at the end of the previous year[11] - The company's cash and cash equivalents decreased from ¥380.31 million at the beginning of the year to ¥330.35 million by the end of the first quarter[23] - In Q1 2024, the net cash flow from financing activities was 3,869,548.31 CNY, a significant decrease from 795,923,811.90 CNY in the same period last year[30] - The company reported a cash decrease of 27,762,762.03 CNY in Q1 2024, contrasting with an increase of 798,748,792.45 CNY in Q1 2023[30] Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,874[13] - The largest shareholder, Ningbo Xinggong Fangzheng Holding Co., Ltd., holds 17.61% of shares, totaling 24,150,000 shares[13] - Shareholder Fang Yongjie owns 15.58% of shares, totaling 21,367,500 shares, with 14,500,000 shares pledged[13] - Shareholder Wang Yaping holds 12.75% of shares, totaling 17,482,500 shares, with 7,500,000 shares pledged[13] - The company has a total of 868,000 shares held in a repurchase special securities account[15] - The top 10 shareholders do not have any associated relationships or concerted actions among them[15] - The company plans to lift the restrictions on the shares held by major shareholders in December 2024[17] - The total number of shares held by the top 10 unrestricted shareholders includes 4,736,722 shares from China Bank's mixed investment fund[14] - The company has no preferred shareholders or related changes in restricted shares during the reporting period[16] - The report indicates that the company is actively managing its shareholder structure and ensuring compliance with regulations[15] Research and Development - Research and development expenses increased by 42.74% to ¥9,215,147.54, driven by enhanced market development for new energy products[9] - Research and development expenses rose to CNY 9,215,147.54, an increase of 42.5% compared to CNY 6,455,999.57 in Q1 2023[26] Inventory and Equity - The company's inventory decreased from ¥361.66 million to ¥341.45 million, indicating a reduction in stock levels[23] - The company's total equity decreased from ¥1.50 billion to ¥1.47 billion during the first quarter[24] - The total equity attributable to shareholders of the parent company decreased to CNY 1,303,820,228.53 from CNY 1,323,657,182.56[25] Other Financial Metrics - The company experienced a 6842.83% increase in credit impairment losses, amounting to ¥1,748,291.22, due to increased provisions for receivables[9] - Other comprehensive income after tax for the period was CNY 658,979.65, down from CNY 971,247.33 in Q1 2023[27] - The company's short-term borrowings increased from ¥203.74 million to ¥223.92 million[24] - The company’s accounts receivable decreased from ¥457.36 million to ¥442.79 million, reflecting a reduction in outstanding payments[23] - The company’s capital reserve decreased from ¥1.01 billion to ¥995.60 million during the first quarter[24] Future Plans - The company plans to acquire at least 51% of Fujian Junpeng Communication Technology Co., Ltd., marking a significant asset restructuring[20] - The company plans to focus on market expansion and new product development in the upcoming quarters[28] Audit Information - The company did not undergo an audit for the Q1 2024 report[31]
宁波方正(300998) - 2024 Q1 - 季度财报