Financial Performance - Operating revenue decreased by 28.98% to CNY 24,923,688.36 for the first quarter of 2024 compared to the same period last year[9] - Net profit attributable to shareholders decreased by 16.02% to CNY 5,437,108.50 year-on-year[9] - The basic earnings per share decreased by 63.62% to CNY 0.0318 compared to the same period last year[9] - Total revenue for Q1 2024 was CNY 24,923,688.36, a decrease from CNY 35,094,034.18 in Q1 2023, representing a decline of approximately 29.8%[36] - Net profit for Q1 2024 was CNY 5,481,959.12, compared to CNY 6,270,731.39 in Q1 2023, reflecting a decrease of approximately 12.6%[37] - The total comprehensive income for Q1 2024 was ¥5,350,019.91, compared to ¥6,883,304.22 in Q1 2023[39] Cash Flow and Liquidity - Net cash flow from operating activities dropped by 97.51% to CNY 266,429.45 compared to the previous year[9] - Operating cash flow for Q1 2024 was ¥266,429.45, significantly lower than ¥10,712,090.20 in Q1 2023[41] - The net cash flow from financing activities for Q1 2024 was ¥10,814,797.22, a recovery from a negative cash flow of -¥19,331,827.78 in Q1 2023[41] - The net increase in cash and cash equivalents was 17,345,747.00 in the previous period, indicating improved liquidity[43] - The ending balance of cash and cash equivalents was 136,278,729.85 in the previous period, reflecting a stable cash position despite fluctuations[43] Assets and Liabilities - Total assets increased by 5.72% to CNY 497,421,742.68 compared to the end of last year[9] - The total liabilities as of March 31, 2024, were CNY 121,362,913.16, compared to CNY 99,920,034.60 at the end of 2023, indicating an increase of about 21.5%[32] - The company's total equity as of March 31, 2024, was CNY 376,058,829.52, compared to CNY 370,576,870.40 at the end of 2023, reflecting a slight increase of approximately 1.3%[32] - The total non-current assets amounted to CNY 144,466,856.17, up from CNY 126,772,250.51, indicating a growth of about 14%[31] - The company's cash and cash equivalents stood at CNY 129,082,651.75 as of March 31, 2024, up from CNY 125,740,632.46 at the end of 2023, reflecting a growth of approximately 1.07%[30] Shareholder Information - The total number of unrestricted shares decreased from 86,908,038 to 86,304,521, representing a change of -603,517 shares, which is a reduction of approximately 0.65%[16] - The number of shares held by the controlling shareholder decreased from 22,483,829 to 21,934,112, a decline of 549,717 shares, or about 2.44%[16] - The total share capital remains unchanged at 171,114,960 shares[16] - The top ten shareholders collectively hold 115,474,427 shares, accounting for 67.48% of the total shares[18] - The number of core employees holding shares increased from 3,058,610 to 4,221,425, reflecting a growth of 1,162,815 shares, or approximately 38.0%[16] Expenses and Costs - Total operating costs for Q1 2024 were CNY 22,747,565.42, down from CNY 29,218,128.20 in Q1 2023, indicating a reduction of about 22.2%[36] - Research and development expenses for Q1 2024 were CNY 4,422,272.91, slightly higher than CNY 4,016,536.57 in Q1 2023, showing an increase of about 10.1%[36] Other Financial Metrics - The company reported a significant increase in credit impairment losses by 1,789.45% to CNY 1,099,487.26 due to recoveries from long-term receivables[11] - Non-recurring gains and losses totaled CNY 1,519,310.12 after tax for the reporting period[14] - The company has ongoing daily related transactions with an expected amount of 91,200,000.00 CNY, of which 20,283,625.30 CNY has been executed[23] - The company has provided guarantees totaling 90,000,000.00 CNY, with various expiration dates ranging from 2023 to 2026[24]
星辰科技(832885) - 2024 Q1 - 季度财报