龙泉股份(002671) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥131,203,078.44, a decrease of 31.56% compared to ¥191,716,055.84 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥8,297,021.02, improving by 7.31% from a loss of ¥8,951,130.76 year-over-year[4] - The total operating revenue for Q1 2024 was CNY 131,203,078.44, a decrease of 31.6% compared to CNY 191,716,055.84 in the same period last year[18] - Net loss for Q1 2024 was CNY 8,302,172.10, an improvement from a net loss of CNY 9,880,242.64 in Q1 2023[19] - The company's financial expenses were CNY 5,823,731.00, a slight decrease from CNY 6,319,323.29 in the previous year[19] Cash Flow - The net cash flow from operating activities improved by 49.32%, reaching -¥38,705,603.78 compared to -¥76,368,476.08 in the previous year[4] - The total cash inflow from operating activities was CNY 239,177,741.63, a decrease of 7.36% compared to CNY 258,181,845.67 in the previous period[20] - The net cash outflow from operating activities was CNY -38,705,603.78, improving from CNY -76,368,476.08 in the same period last year[20] - Cash inflow from financing activities totaled CNY 133,500,000.00, down 38.29% from CNY 215,985,000.00 in the previous period[21] - The net cash flow from financing activities was CNY 18,714,195.45, compared to a net outflow of CNY -37,262,615.16 in the previous year[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,555,815,685.47, a decrease of 1.86% from ¥2,604,160,022.91 at the end of the previous year[4] - Total liabilities decreased to CNY 959,793,133.35 from CNY 999,901,500.44, reflecting a reduction of 4.0%[17] - The company’s equity attributable to shareholders decreased to CNY 1,596,279,342.79 from CNY 1,604,510,162.06, a decline of 0.1%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 32,585[9] - The top 10 shareholders hold a combined 42.66% of the shares, with Guangdong Jianhua Enterprise Management Consulting Co., Ltd. holding 23.03% and Jianhua Building Materials (China) Co., Ltd. holding 16.74%[9] - The company has repurchased a total of 3,290,000 shares, representing 0.58% of the total share capital, with a total transaction amount of 13,595,052.00 RMB[12] - The share repurchase plan was approved with a total fund amount between 10 million RMB and 18 million RMB, with a maximum repurchase price of 5.00 RMB per share[11] Research and Development - Research and development expenses increased by 30.80% compared to the previous year, indicating a focus on innovation[7] - Research and development expenses increased to CNY 4,164,688.54, up 30.8% from CNY 3,184,076.14 in the previous year[19] Other Income and Expenses - The company reported a significant increase in other income by 49.48%, primarily due to increased tax refunds[7] - The investment income decreased by 66.42%, attributed to increased losses from associated companies[7] - The company reported a 269.77% increase in non-operating income, primarily from compensation received[7] Inventory and Receivables - Accounts receivable decreased from 732,165,587.99 RMB to 652,320,868.55 RMB, indicating a reduction of approximately 10.9%[15] - Inventory increased significantly from 191,504,493.62 RMB to 241,397,721.86 RMB, reflecting a growth of approximately 26%[15] Stock Incentive Plan - The company has completed the review procedures for granting restricted stock to incentive objects, pending registration of stock grants[13] - The company plans to implement a stock incentive plan, which was approved at the shareholders' meeting on March 22, 2024[12] Audit Information - The company did not undergo an audit for the first quarter report[22]