Financial Performance - The company's operating revenue for Q1 2024 was CNY 272,791,397.35, representing a 13.66% increase compared to CNY 240,011,545.72 in the same period last year[4]. - The net profit attributable to shareholders decreased by 17.15% to CNY 28,721,610.43 from CNY 34,511,517.74 year-on-year[4]. - Basic and diluted earnings per share fell by 38.10% to CNY 0.13 from CNY 0.21 in the same period last year[5]. - Total operating revenue for Q1 2024 was CNY 272,791,397.35, an increase of 13.6% compared to CNY 240,011,545.72 in Q1 2023[20]. - Net profit for Q1 2024 was CNY 28,251,463.52, a decrease of 20% from CNY 35,342,404.82 in Q1 2023[21]. - The company reported a decrease in comprehensive income to CNY 28,236,870.41 in Q1 2024, compared to CNY 35,433,239.10 in Q1 2023[22]. - The total profit for Q1 2024 was ¥22,552,577.23, a decrease of 36.5% from ¥35,550,200.99 in Q1 2023[31]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -50,268,881.60, a significant decline from CNY 7,313,305.21 in the previous year, marking a decrease of 787.36%[5]. - Cash flow from operating activities was CNY 183,772,004.46 in Q1 2024, down from CNY 231,630,701.26 in Q1 2023, indicating a decline of 20.7%[23]. - The company's cash and cash equivalents were reported at ¥460,206,025.18, down from ¥586,503,095.95, indicating a decrease of about 21.5%[16]. - Total cash and cash equivalents at the end of the period decreased to 375,358,491.79 RMB from 504,737,070.87 RMB, reflecting a net decrease of 129,378,579.08 RMB[25]. - The total current assets amounted to 1,279,302,678.91 RMB, down from 1,352,701,827.80 RMB at the end of the previous year, showing a decrease of approximately 5.4%[26]. - The company reported cash and cash equivalents of ¥255,249,180.85 at the end of Q1 2024, down from ¥85,933,963.97 at the end of Q1 2023[34]. Liabilities and Equity - Total assets at the end of the reporting period were CNY 2,895,546,546.73, a decrease of 0.88% from CNY 2,921,203,148.42 at the end of the previous year[5]. - The total liabilities decreased to CNY 729,247,640.02 in Q1 2024 from CNY 783,778,423.47 in Q1 2023, a reduction of 6.9%[18]. - The equity attributable to shareholders increased by 1.38% to CNY 2,161,164,179.14 from CNY 2,131,819,850.47 year-on-year[5]. - The total owner's equity increased to 2,083,057,907.28 RMB from 2,062,633,969.32 RMB, reflecting a growth of approximately 1%[28]. Operational Changes - The company has implemented adjustments in financial reporting due to new accounting standards effective from 2023, impacting the presentation of financial statements[5]. - The company has not reported any new product launches or technological advancements in this quarter[14]. - There are no significant market expansion or acquisition strategies mentioned in the report[14]. - The company has not provided specific future guidance or performance outlook for the upcoming quarters[14]. - No significant changes in shareholder structure or major transactions were noted during this reporting period[13]. Research and Development - Research and development expenses increased to CNY 24,352,004.25 in Q1 2024, compared to CNY 16,022,395.84 in Q1 2023, reflecting a growth of 52.0%[21]. - Research and development expenses rose to ¥8,391,076.96 in Q1 2024, up 30.6% from ¥6,424,114.46 in Q1 2023[30]. Investment Activities - The net cash flow from investing activities was -39,851,598.82 RMB, compared to -12,666,065.62 RMB in the same period last year, indicating increased cash outflows for investments[24]. - Investment activities resulted in a net cash outflow of ¥10,084,472.22 in Q1 2024, compared to a net outflow of ¥13,941,747.17 in Q1 2023[34].
金帝股份(603270) - 2024 Q1 - 季度财报