春兴精工(002547) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥470,539,191.09, a decrease of 20.50% compared to ¥591,894,760.99 in the same period last year[5] - The net loss attributable to shareholders was ¥46,671,017.96, representing a significant increase of 557.98% from a loss of ¥7,093,074.39 in the previous year[5] - The basic and diluted earnings per share were both -¥0.0414, a decline of 557.14% compared to -¥0.0063 in the same period last year[5] - Net loss for Q1 2024 was ¥50,328,950.85, compared to a net loss of ¥11,125,374.93 in Q1 2023, representing a significant increase in losses[20] - The company reported a gross profit margin of -15.5% in Q1 2024, compared to a margin of -4.1% in Q1 2023[18] Cash Flow - The net cash flow from operating activities decreased by 47.05% to ¥61,099,336.53, down from ¥115,396,426.97 in the prior year[5] - Cash received from sales of goods and services was ¥544,000,590.74 in Q1 2024, down 27.4% from ¥749,040,495.57 in Q1 2023[22] - Total cash inflow from operating activities was ¥585,253,023.41, while cash outflow was ¥524,153,686.88, resulting in a net cash inflow[23] - Cash flow from investing activities showed a net outflow of ¥32,698,753.74, compared to a net outflow of ¥56,735,551.22 in the previous year[23] - The company received tax refunds amounting to ¥18,381,165.03 in Q1 2024, compared to ¥46,107,460.71 in Q1 2023[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,825,957,758.34, a decrease of 2.04% from ¥4,926,345,671.24 at the end of the previous year[5] - The equity attributable to shareholders decreased by 19.22% to ¥196,420,039.76 from ¥243,163,487.55 at the end of the previous year[5] - The company's total liabilities decreased slightly to ¥4,602,231,505.26 in Q1 2024 from ¥4,652,218,037.48 in Q1 2023[17] - The total current liabilities decreased to CNY 1,490,939,308.82 from CNY 1,619,252,599.40, indicating a reduction of about 7.9%[14] Operational Efficiency - The company plans to focus on improving operational efficiency and reducing costs in the upcoming quarters to address the current financial challenges[20] - Total operating costs for Q1 2024 were ¥543,348,482.48, down 11.6% from ¥614,924,372.60 in the previous year[18] - Research and development expenses decreased to ¥29,398,795.29 in Q1 2024 from ¥39,125,611.72 in Q1 2023, a reduction of 25%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 135,222[11] - The total equity attributable to shareholders of the parent company was ¥196,420,039.76 in Q1 2024, down from ¥243,163,487.55 in Q1 2023[17] Other Financial Metrics - The company reported a significant increase in long-term receivables, which rose by 738.93% to ¥55,740,165.50 from ¥6,644,209.83 in the previous year[9] - Government subsidies recognized during the period amounted to ¥15,342,569.38, an increase of 84.20% compared to ¥8,329,308.05 in the previous year[9] - The company experienced a 262.95% decline in investment income, reporting a loss of ¥3,105,412.80 compared to a profit of ¥1,905,717.53 in the previous year[9] - The company's cash and cash equivalents decreased to CNY 454,800,860.04 from CNY 612,813,254.30, reflecting a decline of approximately 25.7%[14] - The company's long-term receivables increased significantly to CNY 55,740,165.50 from CNY 6,644,209.83, showing a growth of approximately 738.5%[14] Audit Status - The report was not audited, indicating that the figures presented are preliminary and subject to change[25]