大胜达(603687) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 467,396,820.63, representing a year-on-year increase of 4.56%[5] - The net profit attributable to shareholders decreased by 10.07% to CNY 17,783,515.06 compared to the same period last year[5] - Basic and diluted earnings per share both fell by 40.00%, reaching CNY 0.03 per share, influenced by the consolidation of Fornax B.V. and increased management expenses[5][8] - Net profit for Q1 2024 was ¥21,507,775.06, a decrease of 19.5% from ¥26,646,196.84 in Q1 2023[21] - Earnings per share for Q1 2024 were ¥0.03, down from ¥0.05 in Q1 2023[22] Cash Flow and Investments - The net cash flow from operating activities dropped significantly by 66.86%, amounting to CNY 9,395,190.49, primarily due to a decrease in cash received from sales[5][8] - Cash flow from operating activities for Q1 2024 was ¥9,395,190.49, significantly lower than ¥28,352,535.47 in Q1 2023[25] - The company reported a net cash outflow from investing activities of ¥102,041,684.82 in Q1 2024, compared to a net outflow of ¥45,986,876.99 in Q1 2023[25] - The net increase in cash and cash equivalents for Q1 2024 was -$266.91 million, contrasting with a positive increase of $179.99 million in the same period last year[26] - The cash outflow from financing activities totaled $183.04 million, compared to $12.32 million in the previous year[26] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 4,351,467,254.40, a decrease of 0.82% from the end of the previous year[6] - The company's current assets totaled RMB 2,326,763,989.21, down from RMB 2,524,233,994.67 at the end of 2023, indicating a decrease of approximately 7.8%[17] - The company's cash and cash equivalents were RMB 1,284,905,550.08, a decrease of 17.5% from RMB 1,558,375,917.88 as of December 31, 2023[16] - Total liabilities decreased to RMB 849,883,116.74 from RMB 859,571,895.26, a reduction of about 1.6%[18] - The company's equity increased slightly, with total equity reported at RMB 3,501,584,137.66 as of March 31, 2024[18] Shareholder Information - The company had a total of 12,646 common shareholders at the end of the reporting period[9][10] - The largest shareholder, Hangzhou Xingshengda Investment Co., Ltd., held 49.56% of the shares[10] Operational Changes - The company is focusing on integrating the operations of Fornax B.V. to improve future performance and revenue recognition[8] - The company completed the acquisition of Dutch company Fornax B.V. in January 2024, which is now included in the consolidated financial statements[13] Other Financial Metrics - Non-recurring gains and losses amounted to CNY 4,301,571.64, with government subsidies contributing CNY 5,165,954.88[7][8] - The return on equity (ROE) decreased by 0.41 percentage points to 0.55%[5] - Research and development expenses for Q1 2024 were ¥17,948,201.11, slightly down from ¥18,254,330.32 in Q1 2023[20] - The company recorded a financial asset impairment loss of ¥1,070,144.53 in Q1 2024[21] - Other comprehensive income after tax for Q1 2024 was ¥2,233,576.52, a significant increase from ¥51,731.72 in Q1 2023[22] - The impact of exchange rate changes on cash and cash equivalents was -$1.12 million in Q1 2024[26]