瑞和股份(002620) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥222,083,523.82, a decrease of 34.00% compared to ¥336,471,406.80 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥17,621,376.38, representing a decline of 1,684.54% from a profit of ¥1,112,082.06 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 222,083,523.82, a decrease of 34% compared to CNY 336,471,406.80 in the same period last year[32] - Net profit for Q1 2024 was a loss of CNY 13,886,681.77, compared to a profit of CNY 5,195,599.30 in Q1 2023, indicating a significant decline in profitability[33] - The total comprehensive income for the first quarter was -13,886,681.77 CNY, compared to 5,195,599.30 CNY in the previous period[34] - The net loss attributable to the parent company was -17,621,376.38 CNY, while the previous period showed a profit of 1,112,082.06 CNY[34] - Basic and diluted earnings per share were both -0.05 CNY, compared to 0.00 CNY in the previous period[34] Cash Flow and Liquidity - The net cash flow from operating activities improved by 38.67%, amounting to -¥21,283,724.09, compared to -¥34,704,331.66 in the same period last year[20] - Cash inflows from operating activities totaled 322,406,349.68 CNY, down from 388,421,368.63 CNY in the previous period, representing a decrease of approximately 17%[35] - Cash outflows from operating activities amounted to 343,690,073.77 CNY, compared to 423,125,700.29 CNY in the previous period, indicating a decrease of about 19%[36] - The net cash flow from operating activities was -21,283,724.09 CNY, an improvement from -34,704,331.66 CNY in the previous period[36] - The cash and cash equivalents at the end of the period were 50,347,012.59 CNY, down from 115,631,085.95 CNY in the previous period[36] - The company reported a net cash outflow from financing activities of -21,084,634.79 CNY, compared to -112,196,135.55 CNY in the previous period, showing a significant improvement[36] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,907,950,207.91, a decrease of 3.93% from ¥4,067,725,163.63 at the end of the previous year[5] - Total liabilities decreased to CNY 3,414,279,134.98 from CNY 3,557,600,141.90, a decline of approximately 4%[30] - The company's total assets decreased to CNY 3,907,950,207.91 from CNY 4,067,725,163.63, representing a reduction of about 3.93%[30] - The total equity attributable to shareholders decreased to CNY 216,152,841.63 from CNY 236,341,485.04, a decline of about 8.5%[30] Research and Development - The company's R&D expenses decreased by 47.17%, totaling ¥6,564,000.00, down from the previous year's figures[16] - Research and development expenses for Q1 2024 were CNY 6,568,257.17, down from CNY 12,432,474.55, indicating a reduction of approximately 47%[33] Credit and Impairment - The company reported a significant increase in credit impairment losses, which rose by 122.18% to ¥12,307,000.00 due to higher provisions for bad debts[17] - The company reported a significant increase in credit impairment losses, amounting to CNY -12,336,743.87 compared to CNY -5,552,478.90 in the previous year[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 27,286, with the largest shareholder holding 20.21% of the shares[22] Corporate Governance - The company held a board meeting on January 30, 2024, to discuss the election of an independent director[26] Product Development and Future Guidance - The company reported no significant new product launches or technological developments during this quarter[5] - The company has not provided specific guidance for future performance or new product developments in the current report[33] - The company has not disclosed any new product developments or market expansion strategies in this report[34]