Financial Performance - Operating revenue for Q1 2024 was CNY 204,145,441.17, representing a 7.48% increase year-on-year[12] - Net profit attributable to shareholders decreased by 78.79% to CNY 3,673,912.50 compared to the same period last year[12] - The company reported a 243.30% increase in net profit attributable to shareholders after deducting non-recurring gains and losses, reaching CNY 2,375,443.37[14] - Total revenue for Q1 2024 reached ¥204,145,441.17, an increase of 7.3% compared to ¥189,931,263.33 in Q1 2023[40] - Net profit for Q1 2024 was ¥3,632,739.42, a significant decrease of 79.0% from ¥17,295,128.28 in Q1 2023[41] - Operating profit decreased to ¥6,126,862.54 from ¥19,380,061.84, representing a decline of approximately 68.4% year-over-year[44] - The company reported a total profit of ¥5,886,211.53, down from ¥19,548,838.73, a decrease of approximately 69.9% year-over-year[44] Cash Flow - Net cash flow from operating activities was negative at CNY -125,517,804.98, a decline of 161.94% year-on-year[12] - Cash flow from operating activities showed a net outflow of ¥125,517,804.98, worsening from a net outflow of ¥47,917,634.09 in the previous year[46] - In Q1 2024, the company reported cash inflow from operating activities of CNY 165,184,287.32, a decrease of 13.2% compared to CNY 190,281,485.73 in Q1 2023[48] - The net cash flow from operating activities was negative at CNY -112,342,017.38, worsening from CNY -48,903,588.63 in the same period last year[48] - Cash inflow from investment activities totaled CNY 11,974,366.89, significantly lower than CNY 46,038,450.79 in Q1 2023, marking a decline of 74.0%[48] - The net cash flow from investment activities was CNY -44,241,546.41, compared to CNY -29,330,740.55 in Q1 2023, indicating a deeper cash outflow[48] - Cash inflow from financing activities reached CNY 164,370,948.00, up from CNY 67,000,000.00 in Q1 2023, representing a growth of 145.0%[49] - The net cash flow from financing activities was CNY 112,178,973.62, an increase from CNY 39,122,625.43 in the previous year[49] Assets and Liabilities - Total assets increased by 3.36% to CNY 1,522,783,335.65 compared to the end of last year[12] - The company's total liabilities to assets ratio increased to 55.49% from 54.34% at the end of the previous year[12] - Total liabilities increased to ¥844,919,539.95 from ¥800,619,067.70, reflecting a rise of about 5.5%[36] - Short-term borrowings rose significantly to ¥321,144,596.87 from ¥236,063,367.47, an increase of approximately 36.0%[36] - Non-current assets totaled ¥479,421,791.11, up from ¥427,768,631.40, indicating a growth of about 12.1%[35] - The company's equity increased to ¥677,863,795.70 from ¥672,652,242.53, reflecting a growth of approximately 0.2%[36] Shareholder Information - The total number of ordinary shares is 184,086,277, with 58.34% being unrestricted shares held by controlling shareholders[18] - The largest shareholder, Wang Rong, holds 21.95% of the shares, totaling 40,401,380 shares[19] - The company has 9,235 ordinary shareholders as of the reporting period[18] - The core employees' shares decreased from 1,037,052 to 979,635, a reduction of 5.5%[18] Commitments and Guarantees - The company provided a guarantee of 6,250,000 yuan to its subsidiary, with a total guarantee balance of 49,750,000 yuan as of the reporting period[24] - The company has a total of 234,999,349.78 yuan in assets that are pledged or frozen, accounting for 15.43% of total assets[30] - The company has no new commitments during the reporting period, maintaining previously disclosed commitments[29] - The company has no litigation or arbitration matters during the reporting period[23] Operational Insights - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[37] - Operating costs for Q1 2024 were ¥201,710,904.49, up from ¥188,568,065.07 in Q1 2023, reflecting a rise of 6.9%[40] - The company incurred sales expenses of ¥8,666,026.68, an increase of approximately 30.3% compared to ¥6,647,818.19 in the previous year[44] - Research and development expenses were ¥7,015,961.52, down from ¥7,863,160.60, indicating a decrease of about 10.8% year-over-year[44] - The company raised ¥180,160,948.00 from borrowings, significantly higher than ¥47,000,000.00 in the previous year, indicating a strategic shift in financing[47]
科润智控(834062) - 2024 Q1 - 季度财报