瑞华泰(688323) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥54,703,500.18, representing a year-on-year increase of 22.36%[5] - The net profit attributable to shareholders of the listed company was -¥16,574,890.90, with a non-applicable comparison due to the loss[5] - Total operating revenue for Q1 2024 was CNY 54,703,500.18, an increase of 22.4% compared to CNY 44,707,484.37 in Q1 2023[21] - Net loss for Q1 2024 was CNY 16,574,890.90, compared to a net loss of CNY 7,603,816.40 in Q1 2023, representing a 118.9% increase in losses[22] - Operating profit for Q1 2024 was CNY -16,317,966.73, worsening from CNY -7,609,318.89 in Q1 2023[22] - The basic and diluted earnings per share were both -¥0.09, with no applicable comparison due to the loss[6] - The basic and diluted earnings per share for Q1 2024 were both CNY -0.09, compared to CNY -0.04 in Q1 2023[23] Cash Flow - The net cash flow from operating activities was ¥32,902,787.08, showing a significant increase of 109.27% compared to the previous year[6] - Cash flow from operating activities in Q1 2024 was CNY 84,275,755.31, significantly higher than CNY 48,918,623.19 in Q1 2023[25] - The net cash flow from operating activities for Q1 2024 was $32,902,787.08, an increase from $15,722,523.14 in Q1 2023, representing a growth of 109.4%[26] - The net cash flow from investing activities was -$20,466,803.26, an improvement from -$40,001,830.48 in the same period last year, showing a reduction in cash outflow by 48.8%[26] - The company reported a cash inflow from tax refunds of $18,271,567.85, up from $16,153,075.36 in Q1 2023, indicating a growth of 13.1%[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,443,612,640.05, a slight decrease of 0.15% from the end of the previous year[6] - Total liabilities for Q1 2024 were CNY 1,460,823,512.88, compared to CNY 1,448,004,777.66 in Q1 2023, showing an increase of 0.9%[19] - The total assets as of Q1 2024 were CNY 2,443,612,640.05, slightly down from CNY 2,447,368,795.73 at the end of Q1 2023[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,035[13] - The largest shareholder, Hangke New Century Technology Development (Shenzhen) Co., Ltd., holds 42,083,059 shares, accounting for 23.38% of total shares[13] - The number of shares held by the top 10 shareholders includes significant stakes from state-owned enterprises[14] - The company has not reported any changes in the participation of major shareholders in securities lending or margin trading activities[15] Research and Development - Research and development expenses totaled ¥8,058,136.82, accounting for 14.73% of operating revenue, a decrease of 2.48 percentage points year-on-year[6] - Research and development expenses for Q1 2024 were CNY 8,058,136.82, compared to CNY 7,694,653.55 in Q1 2023, indicating a 4.7% increase[22] Other Financial Metrics - The weighted average return on net assets was -1.67%, a decrease of 0.93 percentage points year-on-year[6] - Non-recurring losses totaled -¥109,424.60 after accounting for tax effects[8] - Financial expenses for Q1 2024 were CNY 8,008,963.86, up from CNY 3,616,927.89 in Q1 2023, reflecting a 121.9% increase[22] - The company recognized government subsidies of ¥88,205.24 related to normal business operations[7] Inventory and Receivables - Accounts receivable decreased to ¥62,790,972.82 from ¥67,348,035.32 year-over-year[17] - Inventory increased to ¥91,044,610.08 from ¥77,990,178.26 year-over-year[17] - Total current assets as of March 31, 2024, are ¥315,004,818.24, down from ¥327,345,826.83[17] Construction Projects - The company has ongoing construction projects valued at ¥1,009,580,410.74 as of March 31, 2024[17]