亿田智能(300911) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥126,798,495.76, a decrease of 44.49% compared to ¥228,414,228.25 in the same period last year[5] - Net profit attributable to shareholders was ¥4,527,079.27, down 88.88% from ¥40,695,378.12 year-on-year[5] - Basic earnings per share decreased to ¥0.0424, down 88.76% from ¥0.3773 in the same period last year[5] - Total operating revenue for Q1 2024 was ¥126,798,495.76, a decrease of 44.4% compared to ¥228,414,228.25 in the same period last year[20] - Net profit for Q1 2024 was ¥4,527,079.27, a decline of 88.9% from ¥40,695,378.12 in Q1 2023[21] - Basic earnings per share for Q1 2024 were ¥0.0424, compared to ¥0.3773 in the previous year[22] Cash Flow and Liquidity - The net cash flow from operating activities was ¥375,097.88, a significant decline of 98.84% compared to ¥32,222,463.45 in the previous year[5] - Cash inflow from operating activities was ¥118,463,576.60, significantly lower than ¥269,137,582.68 in Q1 2023[24] - The net cash flow from operating activities for Q1 2024 was CNY 375,097.88, a significant decrease from CNY 32,222,463.45 in Q1 2023[25] - Total cash outflow from operating activities amounted to CNY 118,088,478.72, down from CNY 236,915,119.23 year-over-year[25] - The company reported a net decrease in cash and cash equivalents of -CNY 291,115,481.41 for Q1 2024, compared to -CNY 498,548,694.46 in Q1 2023[25] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,297,486,632.54, a decrease of 3.28% from ¥2,375,458,814.91 at the end of the previous year[5] - Total liabilities decreased to ¥798,394,868.10 from ¥843,398,831.56 year-over-year, indicating a reduction of 5.3%[21] - Total equity attributable to shareholders was ¥1,499,091,764.44, down from ¥1,532,059,983.35 in the previous year, a decrease of 2.2%[21] - Cash and cash equivalents decreased from CNY 1,455,311,205.81 to CNY 1,162,671,616.27, representing a decrease of about 20.14%[16] - Accounts receivable decreased by 41.16% to ¥65,232,439.45, primarily due to cash collections[9] Operational Highlights - The company reported a significant increase in other income, which rose by 106.59% to ¥6,349,287.21 due to increased government subsidies[9] - The company experienced a 50.27% reduction in notes payable, which decreased to ¥68,903,816.15, attributed to the repayment of bank acceptance bills[9] - The company reported a 45.51% increase in contract liabilities, reaching ¥40,585,399.91, due to an increase in advance payments received[9] - Inventory increased from CNY 88,227,985.66 to CNY 95,852,118.66, an increase of about 8.5%[17] - Research and development expenses for Q1 2024 were ¥9,299,829.91, down 27.1% from ¥12,759,607.89 in the same period last year[21] Corporate Governance - The company completed the registration of changes to its articles of association and obtained a new business license, reflecting corporate governance updates[13] - The number of common shareholders at the end of the reporting period was 10,801, indicating a stable shareholder base[12] - The largest shareholder, Zhejiang Yitian Investment Management Co., Ltd., holds 44.22% of the shares, indicating significant ownership concentration[12] - The company has not reported any changes in the top 10 shareholders or their participation in margin trading activities[13] Accounting and Reporting - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company has not undergone an audit for the Q1 2024 report[27] - The company has implemented new accounting standards starting from 2024, affecting the financial statements[26]