泰坦科技(688133) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 664,242,611.80, representing a year-on-year increase of 1.36%[4] - The net profit attributable to shareholders decreased by 90.81% to CNY 2,307,914.10 compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses also fell by 90.70% to CNY 2,094,356.01[5] - The basic and diluted earnings per share were both CNY 0.02, down 93.33% year-on-year[5] - Net profit for Q1 2024 decreased to CNY 1,099,310.93, down 95.8% from CNY 26,219,510.49 in Q1 2023[18] - Total comprehensive income for Q1 2024 was CNY 1,203,726.29, significantly lower than CNY 25,495,957.14 in Q1 2023[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,587,041,377.87, an increase of 4.53% from the end of the previous year[5] - The company's current assets totaled RMB 3,203,978,452.30, up from RMB 3,104,372,693.86, indicating an increase of about 3.2%[14] - Total liabilities as of Q1 2024 amounted to CNY 1,732,642,061.74, compared to CNY 1,538,134,759.25 in Q1 2023, reflecting a growth of 12.6%[16] - The total liabilities of the company increased, with current liabilities including accounts payable at RMB 169,550,396.70, up from RMB 165,052,736.65, showing a growth of approximately 2.7%[14] Cash Flow - The net cash flow from operating activities was negative at CNY -135,326,803.12, indicating a significant cash outflow[5] - Cash inflow from operating activities in Q1 2024 was CNY 643,617,672.42, an increase from CNY 541,313,693.30 in Q1 2023[21] - The cash inflow from investment activities was ¥644,056.69, significantly lower than ¥9,045,133.46 in Q1 2023, leading to a net cash flow from investment activities of -¥136,666,844.65, compared to -¥55,446,947.61 in the prior year[22] - The cash inflow from financing activities reached ¥354,821,754.00, up from ¥150,165,117.62 in Q1 2023, resulting in a net cash flow from financing activities of ¥178,739,486.66, a recovery from -¥10,539,371.57 in the previous year[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,888[10] - The top shareholder, Xie Yingbo, holds 11,599,594 shares, representing 9.83% of the total shares[10] Research and Development - Research and development expenses totaled CNY 39,067,438.60, accounting for 5.88% of operating revenue, which is an increase of 0.2 percentage points[5] - Research and development expenses for Q1 2024 were CNY 38,089,366.34, an increase from CNY 36,250,369.40 in Q1 2023[17] Market Conditions - The company experienced a decline in gross profit margin due to market demand and competition, contributing to the drop in net profit[7] Cash and Equivalents - Cash and cash equivalents decreased to RMB 944,663,792.72 from RMB 1,050,551,918.14, representing a decline of approximately 10.1%[13] - The total cash and cash equivalents at the end of Q1 2024 were ¥935,563,412.14, down from ¥1,155,939,167.63 at the end of Q1 2023[23]