巴安水务(300262) - 2024 Q1 - 季度财报

Financial Performance - Revenue for Q1 2024 was ¥57,534,206.22, a decrease of 15.37% compared to ¥67,983,693.47 in the same period last year[7] - Net loss attributable to shareholders was ¥5,478,249.48, an improvement of 71.13% from a loss of ¥18,976,466.07 in the previous year[7] - Basic and diluted earnings per share were both -¥0.0082, showing a 71.02% improvement from -¥0.0283 in the same quarter last year[7] - Net profit for the current period is -¥5,185,266.87, an improvement from -¥19,556,019.82 in the previous period[20] - The company reported a total comprehensive loss of -¥5,055,575.18, compared to -¥13,309,708.97 in the previous period, indicating an improvement in overall financial performance[20] Cash Flow and Liquidity - Net cash flow from operating activities improved by 77.82%, amounting to -¥4,653,649.48 compared to -¥20,980,987.45 in Q1 2023[7] - Cash flow from operating activities shows a net outflow of -¥4,653,649.48, compared to -¥20,980,987.45 in the previous period, indicating a significant reduction in cash burn[22] - Cash and cash equivalents decreased to CNY 61,431,456.70 from CNY 65,297,558.15[16] - Cash and cash equivalents at the end of the period decreased to ¥40,594,533.23 from ¥45,985,752.29, reflecting a net decrease of ¥5,391,219.06[23] - The company experienced a significant decrease in cash inflow from operating activities, totaling ¥61,609,946.13, down from ¥344,446,834.56 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,156,602,222.01, a slight decrease of 0.09% from ¥3,159,365,881.41 at the end of the previous year[7] - The company's total liabilities reached CNY 3,172,923,410.59, compared to CNY 3,171,827,117.48 at the start of the quarter[17] - The total equity attributable to the parent company was CNY 71,352,558.30, down from CNY 73,592,654.16 at the beginning of the quarter[18] - Shareholders' equity attributable to shareholders was ¥71,352,558.30, down 3.04% from ¥73,592,654.16 at the end of the last fiscal year[7] Operational Metrics - Total operating revenue for the current period is ¥57,534,206.22, a decrease of 15.4% from ¥67,983,693.47 in the previous period[19] - Total operating costs decreased to ¥90,272,008.55 from ¥103,818,292.13, representing a reduction of 13.1%[19] - Research and development expenses decreased to ¥1,274,035.88 from ¥2,586,217.55, a reduction of 50.7%[19] - The company reported non-operating income and expenses of -¥721,170.00, primarily due to fines and late fees[8] Shareholder Information - The total number of common shareholders at the end of the reporting period was 29,400[11] - The largest shareholder, Zhang Chunlin, holds 17.48% of the shares, with 99,592,717 shares pledged[11] Compliance and Risks - The company received warning letters from the China Securities Regulatory Commission regarding compliance issues on March 19, 2024[13] - There is a judicial auction risk concerning 40 million non-restricted circulating shares held by a major shareholder[13] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[7] - The company has not yet executed any new accounting standards adjustments for the current year[24]