烽火电子(000561) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥138,967,008.78, a decrease of 42.24% compared to ¥240,611,512.67 in the same period last year[3]. - The net profit attributable to shareholders was -¥58,707,099.97, worsening from -¥18,878,365.82 year-on-year[3]. - Net profit for Q1 2024 was a loss of ¥67,167,726.24, compared to a loss of ¥23,900,044.56 in Q1 2023, representing a significant increase in losses[24]. - Total comprehensive income for Q1 2024 was a loss of ¥31,025,898.78, compared to a loss of ¥23,900,044.56 in Q1 2023[24]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥309,683,183.21, compared to -¥146,693,036.30 in the previous year, indicating a significant decline in cash inflow from sales[11]. - The company reported a net cash outflow from operating activities of ¥309,683,183.21 in Q1 2024, worsening from a net outflow of ¥146,693,036.30 in Q1 2023[26]. - Cash and cash equivalents decreased by 50.69% to ¥303,603,739.68 from ¥615,682,827.40 due to the payment of various taxes and the maturity of notes payable[8]. - Cash and cash equivalents at the end of Q1 2024 were ¥214,924,617.69, down from ¥292,240,447.32 at the end of Q1 2023[27]. - The company received cash from operating activities totaling ¥210,631,315.54 in Q1 2024, down from ¥307,598,884.71 in Q1 2023[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,039,648,269.97, down 6.24% from ¥4,308,330,726.99 at the end of the previous year[3]. - The company's current assets decreased to CNY 3,088,080,718.57 from CNY 3,355,887,228.06, reflecting a decline of approximately 7.96%[18]. - Total liabilities decreased to CNY 2,073,310,310.71 from CNY 2,274,825,041.49, a decline of approximately 8.84%[20]. - The company's equity attributable to shareholders decreased from CNY 1,894,080,251.68 to CNY 1,835,373,151.70, a decrease of about 3.1%[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 58,762[12]. - The company has proposed a share repurchase plan as indicated in the announcement dated April 19, 2024[15]. Research and Development - The company incurred R&D expenses of ¥55,808,089.61 in Q1 2024, an increase from ¥52,775,033.64 in Q1 2023[23]. Other Financial Metrics - The company's basic and diluted earnings per share were both -¥0.10, compared to -¥0.03 in the same period last year[3]. - The weighted average return on net assets was -3.15%, compared to -1.05% in the previous year[3]. - The company received government subsidies amounting to ¥3,005,103.60, an increase of 383.94% compared to ¥620,968.77 in the previous year[10]. - The company reported a significant increase in other receivables, which rose by 79.85% to ¥46,068,431.91 from ¥25,615,529.67[8]. - Accounts receivable decreased from CNY 1,565,976,693.95 to CNY 1,501,738,334.47, a reduction of approximately 4.1%[18]. - Inventory increased to CNY 876,678,848.06 from CNY 826,667,041.09, marking an increase of about 6.05%[18]. - The company reported a total of CNY 1,007,537,995.90 in undistributed profits as of March 31, 2024[20].