SJA(SH:600609)2024-04-29 12:04Financial Performance - The company's operating revenue for Q1 2024 was ¥1,003,293,300.68, representing a decrease of 32.33% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥74,017,716.20, an increase of 29.27% year-on-year, primarily due to investment income from the transfer of a subsidiary[5][8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥44,141,680.05, down 21.53% year-on-year, attributed to a decline in the sales of component business[5][8]. - The basic earnings per share for the period was ¥0.056, reflecting an increase of 28.30% year-on-year[5]. - Net profit for Q1 2024 was ¥103,816,167.72, a slight decrease of 5.5% from ¥109,832,362.32 in Q1 2023[16]. - Total comprehensive income for Q1 2024 was ¥103,816,167.72, compared to ¥109,725,138.56 in Q1 2023[16]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥178,068,750.72, with an increase in customer payments contributing to this figure[5][8]. - The net cash flow from operating activities for Q1 2024 was ¥178,068,750.72, compared to a negative cash flow of ¥57,825,623.38 in Q1 2023[18]. - Cash and cash equivalents increased to ¥1,796,459,371.50 from ¥1,654,899,506.77, reflecting a growth of about 8.6%[13]. - Cash and cash equivalents at the end of Q1 2024 increased to ¥1,652,777,999.51 from ¥1,153,321,247.69 at the end of Q1 2023[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,851,284,780.39, a decrease of 4.27% from the end of the previous year[6]. - The company's current assets totaled ¥2,409,385,325.84, down from ¥2,575,210,873.39 in the previous period, indicating a decline of approximately 6.5%[13]. - The company's total liabilities decreased to ¥2,375,305,861.29 from ¥2,669,331,114.86, representing a reduction of approximately 11.0%[14]. - The total equity attributable to shareholders rose to ¥1,132,181,475.29 from ¥1,058,163,759.09, marking an increase of about 7.0%[14]. - Short-term borrowings decreased to ¥481,300,000.00 from ¥516,918,773.61, a decline of approximately 6.9%[14]. - Accounts receivable decreased significantly to ¥256,020,129.52 from ¥526,988,319.44, a drop of about 51.5%[13]. - Inventory levels decreased to ¥185,002,102.29 from ¥247,505,353.63, indicating a reduction of approximately 25.3%[13]. Investments and Income - The company reported non-recurring gains of ¥29,876,036.15 for the period, with significant contributions from asset disposals and government subsidies[7][8]. - The company recorded investment income of ¥54,486,384.77 in Q1 2024, significantly higher than ¥19,763,425.65 in Q1 2023[16]. - The company’s long-term equity investments increased to ¥490,058,762.09 from ¥458,898,317.48, reflecting a growth of about 6.7%[13]. Research and Development - Research and development expenses decreased to ¥35,810,441.86 in Q1 2024 from ¥50,741,002.76 in Q1 2023, a reduction of 29.5%[16]. Operational Challenges - The company is currently in a product ramp-up phase for new products, which has impacted sales performance[8].