神通科技(605228) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 300,391,352.38, representing a year-on-year increase of 0.84%[3] - Net profit attributable to shareholders reached CNY 11,516,062.88, a significant increase of 444.72% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was CNY 9,989,457.06, up by 364.76% year-on-year, primarily due to an increase in product gross margin[6] - The basic and diluted earnings per share were both CNY 0.03, reflecting a 200% increase compared to the previous year[3] - Operating profit increased to CNY 11,857,630.44, compared to CNY 2,167,448.00 in Q1 2023, marking a growth of 447.5%[18] - Net profit for Q1 2024 reached CNY 11,516,062.88, significantly up from CNY 2,114,143.65 in Q1 2023, representing a growth of 444.5%[19] Cash Flow - The net cash flow from operating activities was negative at CNY -64,145,516.87, a decrease of 1,968.54% year-on-year, mainly due to increased cash payments for goods and services[6] - In Q1 2024, the net cash flow from operating activities was -$64.15 million, a significant decline compared to $3.43 million in Q1 2023, representing a decrease of approximately 1,970%[23] - Total cash inflow from operating activities in Q1 2024 was $339.17 million, down from $365.32 million in Q1 2023, reflecting a decrease of about 7.1%[23] - Cash outflow from operating activities increased to $403.32 million in Q1 2024, compared to $361.89 million in Q1 2023, marking an increase of approximately 11.4%[23] - Cash flow from investing activities showed a net outflow of -$45.94 million in Q1 2024, an improvement from -$71.77 million in Q1 2023, indicating a reduction in losses by about 36%[24] - The company reported cash inflow from financing activities of $111 million in Q1 2024, contrasting with an outflow of -$485,100 in Q1 2023[24] - The net cash flow from financing activities was $36.94 million in Q1 2024, compared to -$854,500 in Q1 2023, showing a positive turnaround[24] - The ending cash and cash equivalents balance for Q1 2024 was $962.53 million, a significant increase from $200.66 million in Q1 2023[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,993,073,464.81, down 1.21% from the end of the previous year[3] - Total liabilities decreased to CNY 1,437,130,726.76 from CNY 1,449,759,949.78, a decline of 0.87%[15] - Total current assets as of March 31, 2024, are RMB 1,948,605,326.28, slightly down from RMB 1,974,052,891.96 at the end of 2023[13] - Total assets decreased to CNY 2,993,073,464.81 from CNY 3,029,595,826.81, a decline of 1.2%[15] - Non-current assets totaled CNY 1,044,468,138.53, down from CNY 1,055,542,934.85, a decrease of 1.05%[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 17,151[9] - The largest shareholder, Ningbo Shentong Investment Co., Ltd., holds 194,397,178 shares, accounting for 45.64% of total shares[10] - The top ten shareholders hold a significant portion of the company's equity, with the top three shareholders alone accounting for over 70%[10] - The company has not reported any changes in the participation of major shareholders in margin financing and securities lending activities[10] Product Development and Market Strategy - The company plans to continue focusing on product development and market expansion strategies to sustain growth in the upcoming quarters[2] - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[18] - There are no significant new product developments or market expansion strategies mentioned in the current report[11] - The company has not disclosed any mergers or acquisitions in the reporting period[11] Inventory and Accounts Receivable - The company reported a significant increase in accounts receivable by 83.84%, attributed to a higher volume of discounted notes in December 2023[6] - Accounts receivable decreased to RMB 446,302,087.50 from RMB 536,073,565.91 year-over-year[13] - Inventory increased to RMB 265,249,802.41 from RMB 232,860,323.07 year-over-year[13]