宝鹰股份(002047) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥775,547,466.06, representing a 15.70% increase compared to ¥670,303,991.76 in the same period last year[5] - The net loss attributable to shareholders was ¥72,552,561.93, an improvement of 16.02% from a loss of ¥86,388,297.38 in Q1 2023[5] - Total operating revenue for Q1 2024 was RMB 775,547,466.06, an increase of 15.7% compared to RMB 670,303,991.76 in the same period last year[18] - Net profit for Q1 2024 was a loss of CNY 72,489,851.65, compared to a loss of CNY 86,240,368.21 in Q1 2023, representing a 16% improvement[20] - The total comprehensive income for Q1 2024 was a loss of CNY 70,675,351.70, compared to a loss of CNY 93,827,813.24 in Q1 2023, showing an improvement of 24.6%[20] - The company's basic and diluted earnings per share for Q1 2024 were both CNY -0.05, compared to CNY -0.06 in Q1 2023[20] Cash Flow and Operating Activities - The net cash flow from operating activities was -¥242,285,490.63, a significant decline of 259.09% compared to -¥67,472,925.61 in the previous year[5] - Cash flow from operating activities showed a net outflow of CNY 242,285,490.63, worsening from a net outflow of CNY 67,472,925.61 in the previous year[23] - The net cash increase for cash and cash equivalents at the end of Q1 2024 was CNY 40,071,215.13, down from CNY 144,308,552.26 in Q1 2023[24] Assets and Liabilities - Total assets increased by 1.21% to ¥9,571,867,377.72 from ¥9,457,623,665.39 at the end of the previous year[5] - Total assets as of March 31, 2024, were RMB 9,571,867,377.72, compared to RMB 9,457,623,665.39 at the beginning of the year, reflecting an increase of 1.2%[16] - Total liabilities increased to RMB 9,529,231,725.53 from RMB 9,346,220,559.82, marking a rise of 1.9%[16] - The company's total current liabilities reached RMB 9,260,863,482.17, up from RMB 9,093,465,629.97, indicating an increase of 1.8%[16] - The non-current assets totaled RMB 2,342,691,455.91, slightly up from RMB 2,322,181,781.84, showing a growth of 0.9%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,016[10] - The largest shareholder, Zhuhai Dahengqin Group Co., Ltd., holds a 19.46% stake, amounting to 295,085,323 shares[11] - The total equity attributable to shareholders was RMB 21,847,972.45, down from RMB 90,755,823.79, indicating a significant decrease[16] Operating Costs and Expenses - The company reported a significant increase in operating expenses, particularly in labor and material costs, contributing to the negative cash flow[9] - Total operating costs for Q1 2024 were CNY 826,063,541.25, an increase of 15.3% compared to CNY 716,886,957.73 in Q1 2023[19] - Research and development expenses for Q1 2024 were CNY 21,341,238.72, slightly up from CNY 20,246,062.57 in Q1 2023, reflecting a 5.4% increase[19] - The company incurred a financial expense of CNY 52,840,480.11, which is a marginal increase from CNY 51,355,788.85 in the previous year[19] Future Outlook and Strategic Initiatives - The company provided a forward guidance of 1.5 billion RMB in revenue for Q2 2024, indicating a projected growth of 25%[26] - New product launches contributed to a 10% increase in market share within the construction sector[26] - The company is investing 200 million RMB in R&D for new technologies aimed at improving construction efficiency[26] - Market expansion efforts have led to entry into three new provinces, expected to generate an additional 300 million RMB in revenue[26] - The company is exploring potential acquisitions to enhance its service offerings and expand its geographic footprint[26] - A strategic partnership with a technology firm is anticipated to reduce operational costs by 15% over the next year[26] User and Market Data - User data showed a growth of 20% in active users, reaching 5 million by the end of Q1 2024[26] - The company reported a net profit margin of 12%, up from 10% in the previous quarter[26] - Total assets increased by 8% to 5 billion RMB, reflecting strong financial health and growth potential[26]