ST摩登(002656) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥63,173,640.27, a decrease of 30.19% compared to ¥90,491,706.98 in the same period last year[6] - The net profit attributable to shareholders was -¥53,718,014.28, showing a slight decline of 0.31% from -¥53,551,632.88 year-on-year[6] - The net loss for Q1 2024 was CNY 53,722,857.72, compared to a net loss of CNY 53,556,419.15 in the previous year[47] - The total comprehensive income for the first quarter was -51,946,224.45 yuan, compared to -56,145,964.48 yuan in the previous period, showing an improvement of approximately 3.5%[48] - The company's diluted earnings per share for Q1 2024 was -¥0.0754, a decrease of 0.27% from -¥0.0752 in the same period last year[7] - The basic and diluted earnings per share were both -0.0754, slightly worse than -0.0752 in the previous period[49] Cash Flow - The net cash flow from operating activities was -¥1,757,389.18, a significant decrease of 113.74% compared to ¥12,790,338.33 in the previous year[27] - The net cash flow from investment activities increased by 2265.13% compared to the same period last year, primarily due to the recovery of financial investments amounting to 130 million RMB[29] - The net cash flow from financing activities rose by 25.21% year-on-year, mainly due to a reduction in lease liabilities[30] - Cash inflow from investment activities was 113,199,773.53 yuan, resulting in a net cash flow of 111,183,922.08 yuan, compared to a net outflow of -5,135,197.72 yuan in the previous period[53] Assets and Liabilities - Total assets decreased by 12.01% to ¥524,992,361.47 from ¥596,659,900.45 at the end of the previous year[7] - Total liabilities decreased to CNY 204,608,721.87 from CNY 224,330,036.40, representing a reduction of 8.8%[44] - The company's long-term assets totaled CNY 173,444,244.44, a decrease from CNY 181,032,248.35, reflecting a decline of 4.7%[43] - The company's retained earnings showed a negative balance of CNY -1,556,242,881.03, worsening from CNY -1,502,524,866.75[44] Financial Position - The company's cash and cash equivalents increased by 88.48% to ¥214,390,685.77, primarily due to the recovery of financial investments amounting to ¥130 million[11][12] - The company reported cash and cash equivalents of approximately 214.39 million RMB as of March 31, 2024[41] - The total cash and cash equivalents at the end of the period amounted to 204,033,919.38 yuan, an increase from 85,564,663.21 yuan at the end of the previous period[54] Shareholder Information - As of the reporting period, the total number of ordinary shareholders was 9,664, with no preferred shareholders having restored voting rights[32] - The top shareholder, Guangzhou Puhuiyuan Trading Co., Ltd., holds 8.90% of shares, amounting to 63,409,343 shares[32] - The original controlling shareholder, Guangzhou Ruifeng Group, still occupies 241.93 million RMB of the company's funds, representing 65.14% of the latest audited net assets[38] Operational Metrics - Total operating revenue for Q1 2024 was CNY 63,173,640.27, a decrease of 30.2% compared to CNY 90,491,706.98 in the same period last year[46] - Total operating costs for Q1 2024 were CNY 73,804,727.87, down from CNY 83,802,952.95, reflecting a reduction of 11.9%[46] - The company reported a decrease in cash received from sales of goods and services, totaling 72,478,408.44 yuan, down from 86,496,787.08 yuan in the previous period, representing a decline of approximately 16.2%[52] Regulatory Issues - The company received a warning and fines totaling 580 million RMB from the China Securities Regulatory Commission due to late disclosure of the 2022 annual report[37] Other Financial Metrics - The company reported a significant increase in financial expenses, totaling CNY 1,702,095.35 in Q1 2024, compared to CNY 821,999.99 in the previous year[46] - The company incurred a loss of -4,843.44 yuan attributed to minority shareholders, slightly worse than -4,786.27 yuan in the previous period[48] - The company experienced a foreign exchange impact on cash and cash equivalents of 161,952.19 yuan, compared to a negative impact of -646,516.56 yuan in the previous period[54] - Accounts receivable decreased by 42.41% to ¥32,688,460.43, attributed to a decline in revenue and an increase in bad debt provisions[14] - Asset impairment losses surged by 1097.03% to -¥10,938,987.04, primarily due to increased provisions for inventory write-downs[24]