Financial Performance - Operating revenue for Q1 2024 was CNY 211,060,007.82, representing a year-on-year growth of 14.41% from CNY 184,482,210.45 in Q1 2023[10] - Net profit attributable to shareholders for Q1 2024 was CNY 5,625,346.26, a decrease of 75.57% compared to CNY 23,026,243.06 in the same period last year[10] - The company's operating profit for Q1 2024 was ¥6,250,294.94, down 75.0% from ¥25,032,739.74 in Q1 2023[43] - The total comprehensive income for Q1 2024 was ¥2,440,254.85, down from ¥21,773,322.24 in Q1 2023[43] - Basic earnings per share for Q1 2024 decreased to ¥0.06 from ¥0.23 in Q1 2023[44] Cash Flow - The company's cash flow from operating activities for Q1 2024 was CNY 13,576,638.65, down 25.62% from CNY 18,253,616.53 in Q1 2023[10] - Operating cash inflow for Q1 2024 reached ¥186,101,561.09, a 22.2% increase from ¥152,245,808.76 in Q1 2023[48] - Net cash flow from operating activities for Q1 2024 was ¥13,576,638.65, down 25.5% from ¥18,253,616.53 in Q1 2023[48] - Cash inflow from financing activities in Q1 2024 was ¥185,740,000.00, significantly higher than ¥34,900,000.00 in Q1 2023[49] - Net cash flow from financing activities improved to ¥51,860,105.54 in Q1 2024, compared to -¥11,911,186.69 in Q1 2023[49] Assets and Liabilities - Total assets as of March 31, 2024, reached CNY 1,257,044,199.99, an increase of 3.19% compared to the end of 2023[10] - The company's total liabilities to assets ratio (consolidated) increased to 44.87% from 43.31% at the end of 2023[10] - Total liabilities rose to ¥564,017,973.29, compared to ¥527,628,643.82, reflecting an increase of about 6.9%[36] - Current liabilities totaled ¥479,077,002.09, slightly up from ¥470,992,409.77, indicating a growth of around 2.3%[35] - Non-current liabilities increased to ¥84,940,971.20 from ¥56,636,234.05, marking a significant rise of approximately 50%[35] Shareholder Information - The total number of ordinary shares is 98,030,000, with 40.02% being unrestricted shares held by controlling shareholders[17] - The largest shareholder, Qingdao Xinjintai Economic Information Consulting Co., Ltd., holds 44,489,000 shares, representing 45.38% of the total shares[18] - The company has 6,838 ordinary shareholders as of the end of the reporting period[17] - The total number of shares held by shareholders with more than 5% ownership is 62,910,709, accounting for 64.14% of total shares[20] Research and Development - Research and development expenses for Q1 2024 amounted to CNY 8,182,544.10, an increase of 30.37% compared to the previous year[12] - Research and development expenses rose to ¥8,182,544.10 in Q1 2024, an increase of 30.4% from ¥6,276,366.20 in Q1 2023[41] Legal and Compliance - The company has engaged legal counsel to address an ongoing investigation by U.S. authorities, which may impact the 2024 operating performance due to incurred legal fees[31] - The company has not engaged in any litigation or arbitration matters during the reporting period[23] - There are no significant related party transactions that were not disclosed[23] Guarantees and Pledges - The company reported a total guarantee amount of CNY 45,000,000, which is equal to the guarantee balance[26] - As of the end of the reporting period, there were no instances of repayment or violations related to guarantees[27] - The company has pledged assets totaling CNY 162,737,656.61, which represents 12.94% of total assets[30] Inventory and Prepayments - The company experienced a 94.11% increase in prepayments, totaling CNY 9,808,922.22, attributed to higher material procurement payments[11] - The company’s inventory stood at CNY 287,867,185.52 as of March 31, 2024, compared to CNY 281,893,906.79 at the end of 2023[34]
三祥科技(831195) - 2024 Q1 - 季度财报