勤上股份(002638) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥115,262,683.44, representing a 29.61% increase compared to ¥88,929,676.19 in the same period last year[5] - The net profit attributable to shareholders was -¥5,638,169.08, a decrease of 104.34% from ¥129,766,897.73 in the previous year[5] - The net cash flow from operating activities was -¥9,332,002.15, a decline of 163.65% compared to ¥14,660,665.53 in the same period last year[5] - Total operating revenue for the current period reached ¥115,262,683.44, an increase from ¥88,929,676.19 in the previous period, representing a growth of approximately 29.7%[27] - The net profit for the current period was a loss of ¥5,640,664.84, compared to a profit of ¥129,762,267.26 in the previous period, indicating a significant decline[29] - The total comprehensive income for the current period was -¥5,641,475.71, a stark contrast to ¥129,402,475.20 in the previous period[30] Cash Flow and Assets - The company's cash and cash equivalents decreased by 43.32% due to increased purchases of bank wealth management products[10] - The company's cash and cash equivalents decreased from 479,475,109.52 yuan to 271,745,046.59 yuan, reflecting a decline of approximately 43.4%[23] - Cash and cash equivalents at the end of the period stood at ¥236,398,361.81, down from ¥448,418,666.51 at the beginning of the period[31] - The company received cash from investment recoveries amounting to ¥618,630,940.34, slightly down from ¥637,830,000.00 in the previous period[31] - The total assets at the end of the reporting period were ¥2,794,619,631.32, a slight increase of 0.10% from ¥2,791,941,876.15 at the end of the previous year[5] - As of March 31, 2024, the company's total assets amounted to 2,794,619,631.32 yuan, with total liabilities of 281,229,616.66 yuan[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 43,797[12] - The top shareholder, Dongguan Qianshang Group Co., Ltd., holds 17.63% of the shares, with a total of 254,965,370 shares[13] - The company reported a total of 431,625,528 shares' voting rights held by Jingtengda, accounting for 29.84% of the total share capital[15] - The original controlling shareholder, Qunshang Group, transferred its voting rights for 254,965,370 shares (17.63% of total shares) to Jingtengda[15] Legal and Compensation Matters - The company has initiated legal proceedings for performance commitment compensation against ten defendants, with a favorable ruling received[19] - The company has repurchased and canceled shares from compensation parties, with Yang Yong holding 82,081,128 shares subject to judicial freeze and required to compensate with 78,892,524.24 yuan in cash[20] - The company received a total of 48,768,840 yuan in guarantee payments from Jingtengda on behalf of Weiliang Electric, fulfilling the compensation commitment related to the real estate transfer contract[22] Investment and Expenses - Research and development expenses decreased by 35.12% year-on-year, indicating reduced investment in R&D[10] - Total operating costs increased to ¥124,580,396.23 from ¥112,806,457.68, marking a rise of about 10.5%[27] - Investment activities resulted in a net cash outflow of ¥203,373,382.50, worsening from a net outflow of ¥100,883,586.36 in the previous period[31] Equity and Returns - The weighted average return on net assets was -0.22%, down from 4.60% in the same period last year[5] - The company's total equity decreased from 2,519,027,866.74 yuan to 2,513,390,014.66 yuan, a decline of approximately 0.2%[26] - The company reported a basic and diluted earnings per share of -0.0039, compared to 0.0897 in the previous period[30] Current Assets and Receivables - The company has a total of 1,579,085,591.21 yuan in current assets, showing a marginal increase from the previous period[23] - Accounts receivable increased from 274,045,253.70 yuan to 311,026,381.01 yuan, representing a growth of about 13.5%[23] Operational Control - The company has maintained its operational control over the assets acquired in 2011, which will not significantly impact its production and operations[22] - The company is actively participating in litigation to protect its interests regarding the assets involved in the real estate transfer contract[22]