Financial Performance - Net profit attributable to shareholders increased by 19.43% to CNY 6,883,694.05 for the first quarter of 2024[9]. - Operating revenue rose by 5.80% to CNY 101,191,871.68 compared to the same period last year[9]. - Total operating revenue for Q1 2024 reached ¥101,191,871.68, an increase from ¥95,641,290.28 in Q1 2023, representing a growth of approximately 5.8%[34]. - Net profit for Q1 2024 was ¥6,883,694.05, compared to ¥5,763,684.56 in Q1 2023, reflecting a year-over-year increase of approximately 19.4%[35]. - Net profit for Q1 2024 was ¥7,403,811.13, up 18.5% from ¥6,238,980.20 in Q1 2023[38]. - The operating profit for Q1 2024 was ¥6,458,235.83, slightly down from ¥6,475,931.89 in Q1 2023, a decrease of about 0.3%[35]. - Total comprehensive income for Q1 2024 was ¥7,403,811.13, compared to ¥6,238,980.20 in Q1 2023[38]. Assets and Liabilities - Total assets decreased by 8.32% to CNY 1,254,743,357.71 compared to the end of last year[9]. - Total assets decreased from CNY 1,368,592,161.98 as of December 31, 2023, to CNY 1,254,743,357.71 as of March 31, 2024, representing a decline of approximately 8.3%[30]. - Current assets decreased from CNY 1,106,450,823.33 to CNY 999,062,068.76, a reduction of about 9.7%[28]. - Total liabilities decreased from CNY 588,475,603.55 to CNY 467,032,800.05, a reduction of approximately 20.6%[30]. - Current liabilities decreased from CNY 574,232,725.75 to CNY 453,022,863.49, a decline of about 21%[29]. - Non-current assets decreased from CNY 262,141,338.65 to CNY 255,681,288.95, a reduction of approximately 2.3%[29]. - Total equity increased from CNY 780,116,558.43 to CNY 787,710,557.66, an increase of about 1%[30]. - Total liabilities also decreased from ¥615,527,962.36 to ¥487,871,026.34, a reduction of approximately 20.7%[32]. - The total equity increased from ¥789,496,621.57 to ¥797,610,737.88, showing a growth of about 1.4%[33]. Cash Flow - The company's cash flow from operating activities showed a slight decrease of 0.35%, totaling CNY -91,837,117.76[9]. - The net cash flow from operating activities for Q1 2024 was -¥91,837,117.76, slightly worse than -¥91,520,712.86 in Q1 2023[39]. - Cash and cash equivalents decreased from CNY 382,930,398.92 to CNY 266,725,324.88, a decline of approximately 30.5%[28]. - Cash inflow from financing activities was $399,000, with no inflow recorded in the previous period[42]. - Total cash outflow for financing activities was $40.34 million, compared to $12.48 million previously[42]. - Net cash flow from financing activities was -$39.94 million, worsening from -$12.48 million[42]. - The ending balance of cash and cash equivalents was $202.06 million, down from $135.06 million[42]. - The net decrease in cash and cash equivalents was -$138.78 million, compared to -$279.96 million in the prior period[42]. Shareholder Information - The number of ordinary shareholders increased to 14,536, with total shares outstanding remaining at 125,705,240[15]. - The largest shareholder, Xu Xie, holds 26,941,596 shares, representing 21.43% of the total shares[16]. - The second largest shareholder, Changzhou Xin Fengrui Enterprise Management Partnership, holds 13,000,000 shares, accounting for 10.34%[17]. - The total shares held by the top ten shareholders amount to 85,723,899, which is 68.19% of the total shares[17]. - The employee stock ownership plan includes 71 employees, with a total of 1,560,000 shares held, representing 12.41% of the company's total equity[24]. Other Financial Activities - The company reported a significant increase of 748.36% in receivables financing, amounting to CNY 9,421,857.69[10]. - The company’s investment income surged by 4,591.99% to CNY 126,340.86 due to increased financial returns[11]. - Non-recurring gains and losses totaled CNY 2,282,273.91, with a net amount after tax of CNY 1,939,932.82[13]. - The company has frozen cash assets totaling 16,686,337.08 yuan, which is 1.33% of total assets, for bank acceptance bill guarantees[24]. - The company has pledged cash assets of 4,500,000 yuan, representing 0.36% of total assets, for notes payable[24]. - The company has no litigation or arbitration matters reported during the period[21]. - There are no new commitments or overdue commitments reported during the period[24]. - The company has not disclosed any significant asset acquisitions or disposals during the reporting period[21]. - The company has implemented an employee stock ownership plan approved in 2020, with revisions made in 2021[22]. - Research and development expenses for Q1 2024 were ¥4,409,479.69, slightly higher than ¥4,167,598.55 in Q1 2023, indicating an increase of approximately 5.8%[34]. - Research and development expenses increased to ¥4,409,479.69, representing a 18.4% rise compared to ¥3,724,083.51 in the same period last year[37]. - The company reported a credit impairment loss of ¥531,820.50 in Q1 2024, compared to a loss of ¥685,333.82 in Q1 2023, showing an improvement[35]. - The company plans to continue focusing on market expansion and new product development to drive future growth[39].
特瑞斯(834014) - 2024 Q1 - 季度财报