岭南股份(002717) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥305,229,669.75, a decrease of 39.09% compared to ¥501,079,284.71 in the same period last year[5] - The net loss attributable to shareholders was ¥90,161,322.13, representing a 78.45% increase in loss from ¥50,525,000.29 year-on-year[5] - Basic earnings per share were -¥0.0537, down 78.41% from -¥0.0301 in the same period last year[5] - Net loss for Q1 2024 was CNY 92,417,474.80, compared to a net loss of CNY 52,349,866.80 in Q1 2023, representing an increase in loss of 76.5%[31] - The total comprehensive income for the period was -92,417,474.80 CNY, compared to -52,349,866.80 CNY in the previous period, indicating a decline of approximately 76.4%[32] - The basic earnings per share (EPS) was -0.0537 CNY, compared to -0.0301 CNY in the previous period, reflecting a decline of 78.5%[32] - The diluted EPS was -0.0476 CNY, down from -0.0270 CNY in the previous period, indicating a decrease of 76.5%[32] Cash Flow - The net cash flow from operating activities was -¥320,565,610.27, a decline of 14.71% compared to -¥279,453,669.55 in the previous year[5] - The net cash flow from operating activities was -320,565,610.27 CNY, worsening from -279,453,669.55 CNY year-over-year[34] - Cash received from sales of goods and services was 586,295,872.51 CNY, down 42.9% from 1,026,829,144.01 CNY in the previous period[33] - The net cash flow from investing activities was ¥66.97 million, an increase of 111.60% year-on-year[21] - The net cash flow from investing activities was 669,739.14 CNY, a significant improvement from -5,772,752.81 CNY in the previous period[34] - The net cash flow from financing activities was ¥88,302,200.00, a significant increase of 312.05% compared to the previous year[22] - Cash flow from financing activities generated a net inflow of 88,302,206.40 CNY, compared to 21,429,863.04 CNY in the previous period, marking an increase of approximately 312.5%[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,107,697,251.13, a decrease of 4.63% from ¥15,841,592,376.56 at the end of the previous year[5] - Total assets as of Q1 2024 were CNY 15,107,697,251.13, a decrease from CNY 15,841,592,376.56 at the end of the previous period[29] - Total liabilities decreased to CNY 12,898,361,180.73 from CNY 13,540,184,807.76, reflecting a reduction of 4.8%[29] - The company's total equity as of Q1 2024 was CNY 2,209,336,070.40, down from CNY 2,301,407,568.80, indicating a decline of 4.0%[29] - Long-term borrowings decreased to CNY 600,980,247.43 from CNY 821,936,547.43, a reduction of 26.8%[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 94,442[24] - The largest shareholder, Yin Hongwei, holds 17.38% of the shares, with a total of 291,848,971 shares, of which 272,200,000 shares are pledged[24] - Zhongshan Huaying Industrial Investment Partnership holds 5.02% of the shares, totaling 84,260,000 shares[24] - The voting rights of 291,848,971 shares held by Yin Hongwei have been entrusted to Huaying Industrial Investment for a period until March 31, 2024[24] - The company has committed to not transferring the 84,260,000 shares obtained through agreement transfer for 18 months[25] Research and Development - The company's research and development expenses for the quarter were ¥1,163.65 million, a decrease of 46.96% compared to the previous year[14] - Research and development expenses decreased to CNY 11,636,509.26, down 46.9% from CNY 21,939,032.60 in the previous year[31] Inventory and Receivables - The company reported a significant increase in accounts receivable, with a balance of ¥3,973,300.00, up 4718.98% from the beginning of the period[9] - Accounts receivable decreased from 2,588,986,322.92 CNY to 2,344,994,432.19 CNY during the reporting period[27] - Inventory increased slightly from 293,151,899.11 CNY to 299,871,258.09 CNY[27] - Contract assets decreased from 5,960,475,511.36 CNY to 5,701,700,295.39 CNY[27] - Contract liabilities decreased by 38.83% to ¥151,253,700.00, primarily due to the recognition of revenue from prepayments[10] Other Information - The company plans to subscribe to a non-public offering of shares[25] - The company did not report any net profit from the merged entity prior to the merger, consistent with the previous period[32] - The company has not undergone an audit for the first quarter report[35] - The company's cash and cash equivalents decreased from 518,215,264.39 CNY at the beginning of the period to 246,549,258.64 CNY at the end[27] - The total cash and cash equivalents at the end of the period were 79,825,016.07 CNY, a decrease of 84.2% from 503,326,096.32 CNY at the end of the previous period[34] - The company reported an investment income of CNY 4,054,123.58, down 62.5% from CNY 10,788,300.88 in the previous year[31]