JPT(SH:688025)2024-04-29 08:40Financial Performance - The company's operating revenue for Q1 2024 was ¥255,732,511.52, representing a decrease of 13.76% compared to the same period last year[1] - The net profit attributable to shareholders was ¥26,290,136.30, down 13.19% year-over-year[1] - The net profit after deducting non-recurring gains and losses was ¥24,891,262.68, reflecting an 8.01% decline compared to the previous year[1] - The basic earnings per share were ¥0.28, down 12.50% year-over-year[1] - Total operating revenue for Q1 2024 was CNY 255,732,511.52, a decrease of 13.78% compared to CNY 296,537,593.74 in Q1 2023[16] - Net profit for Q1 2024 was CNY 25,453,076.83, a decline of 16.06% from CNY 30,335,725.83 in Q1 2023[17] - Earnings per share for Q1 2024 were CNY 0.28, compared to CNY 0.32 in Q1 2023[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,530,077,558.96, a decrease of 0.70% from the end of the previous year[2] - Total assets as of Q1 2024 amounted to CNY 2,530,077,558.96, slightly down from CNY 2,547,913,299.64 in Q1 2023[14] - Total liabilities for Q1 2024 were CNY 551,182,523.48, a decrease from CNY 589,811,950.17 in Q1 2023[14] Cash Flow - The net cash flow from operating activities was ¥29,678,321.27, with no applicable year-over-year comparison[1] - The net cash flow from operating activities for Q1 2024 was ¥29,678,321.27, a significant improvement compared to a net outflow of ¥15,121,221.10 in Q1 2023[20] - Total cash inflow from operating activities was ¥316,197,168.36, while cash outflow was ¥286,518,847.09, resulting in a positive cash flow from operations[20] - The cash flow from investment activities showed a net outflow of ¥6,657,788.85, an improvement from a larger outflow of ¥36,639,922.53 in the same quarter last year[20] - Cash flow from financing activities resulted in a net outflow of ¥64,917,378.97, compared to a smaller outflow of ¥2,692,922.26 in Q1 2023[21] - The total cash and cash equivalents at the end of Q1 2024 were ¥338,301,131.47, down from ¥379,082,757.20 at the beginning of the quarter[21] Research and Development - Research and development expenses totaled ¥31,769,705.47, which is 12.42% of operating revenue, an increase of 0.40 percentage points[2] - Research and development expenses for Q1 2024 were CNY 31,769,705.47, down from CNY 35,641,080.85 in Q1 2023[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,949[5] - The largest shareholder, Huang Zhijia, holds 19,853,220 shares, representing 20.90% of the total shares[6] Inventory and Receivables - The company's inventory increased to ¥706,527,229.49 as of March 31, 2024, compared to ¥658,711,213.23 at the end of 2023, reflecting a growth of about 7.3%[12] - Accounts receivable stood at ¥356,351,540.28 on March 31, 2024, down from ¥368,364,398.45 at the end of 2023, indicating a decrease of approximately 3.3%[12] - The company reported a decrease in trading financial assets from ¥30,158,038.36 on December 31, 2023, to ¥21,883,490.19 on March 31, 2024, a decline of about 27.5%[12] - Prepayments increased to ¥11,822,775.85 as of March 31, 2024, compared to ¥9,108,559.82 at the end of 2023, marking an increase of approximately 29.7%[12] - The company’s other receivables rose to ¥15,681,275.97 from ¥13,251,150.94, reflecting an increase of about 18.3%[12] Operational Status - The company has not reported any significant changes in its operational strategies or new product developments during this quarter[11] - There are no significant reminders or alerts regarding the company's operational status for investors during this reporting period[11] - The company has not provided any audited financial statements for this quarter, indicating that the financial data is unaudited[11] Investment Income - The company reported an investment income of CNY 5,782,743.39 for Q1 2024, an increase from CNY 3,879,542.58 in Q1 2023[16] Cash Management - The company received cash from other financing activities amounting to ¥6,560,000.00 in Q1 2024, while cash received from borrowings was ¥34,000,000.00 in the previous year[21] - The company paid ¥47,398,750.00 in debt repayments during Q1 2024, compared to ¥31,199,375.00 in Q1 2023[21] - The cash inflow from investment activities totaled ¥38,513,334.98, while cash outflow was ¥45,171,123.83, indicating a focus on investment despite net outflows[20] - The impact of exchange rate changes on cash and cash equivalents was a positive ¥1,115,220.82 in Q1 2024, contrasting with a negative impact of ¥2,507,999.90 in the previous year[21] - The company reported a total cash inflow from operating activities of ¥411,915,838.98 in Q1 2023, highlighting a decrease in cash inflow year-over-year[20]