GOODWILL(688246)2025-04-30 12:30Financial Performance - The company's operating revenue for Q1 2024 was ¥122,559,648.25, representing a year-on-year increase of 14%[5] - The net profit attributable to shareholders was a loss of ¥11,850,583.19, with a net profit excluding non-recurring items at a loss of ¥13,035,632.66[5] - The company reported a net loss of RMB 109,927,096.29, worsening from a loss of RMB 98,076,513.10 in the previous period[15] - Net loss for Q1 2024 was CNY 16,002,665.06, an improvement from a net loss of CNY 31,354,681.56 in Q1 2023, representing a 48.9% reduction in losses[18] - The company reported a basic loss per share of CNY 0.09 for Q1 2024, improved from a loss of CNY 0.16 per share in Q1 2023[18] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥96,963,002.49[6] - Operating cash flow for Q1 2024 was negative CNY 96,963,002.49, an improvement from negative CNY 147,248,515.51 in Q1 2023[20] - Cash and cash equivalents decreased to RMB 534,817,691.78 from RMB 612,478,452.28, representing a decline of approximately 12.7%[13] - Cash and cash equivalents at the end of Q1 2024 were CNY 479,499,251.21, compared to CNY 461,002,187.62 at the end of Q1 2023, showing a year-over-year increase of 4.0%[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,690,827,310.92, an increase of 1.71% compared to the end of the previous year[6] - Current assets totaled RMB 2,165,674,578.41, down from RMB 2,210,465,358.33, indicating a decrease of about 2.0%[14] - Total liabilities rose to RMB 885,384,079.64 from RMB 817,330,281.60, marking an increase of approximately 8.3%[15] - Short-term borrowings increased significantly to RMB 259,720,809.73 from RMB 179,667,517.16, reflecting a rise of about 44.5%[15] - Total equity attributable to shareholders decreased to RMB 1,802,872,724.53 from RMB 1,821,580,993.57, a decline of about 1.0%[15] Research and Development - Research and development expenses totaled ¥59,773,809.35, accounting for 48.77% of operating revenue, a decrease of 1.23 percentage points year-on-year[6] - Research and development expenses decreased to CNY 32,077,752.04 from CNY 44,689,485.21, a decline of 28.4% year-over-year[16] Shareholder Information - The company had a total of 5,613 common shareholders at the end of the reporting period[11] - The largest shareholder, Xia Jun, holds 24,750,839 shares, representing 17.86% of the total shares[11] - The company has not reported any significant changes in shareholder participation in margin financing or securities lending activities during the reporting period[13] Government Support and Subsidies - The company received government subsidies amounting to ¥1,803,182.66, which are closely related to its normal business operations[7] - The company received CNY 9,060,482.97 in tax refunds during Q1 2024, significantly higher than CNY 2,468,938.31 in Q1 2023[20] Cost Management - The company reported a decrease in management expenses by 9.32% year-on-year, contributing to cost reduction and efficiency improvement[9] - Total operating costs decreased to CNY 143,969,298.04 from CNY 147,310,606.74, a reduction of 2.3% year-over-year[16] Investment Activities - The company incurred a total investment cash outflow of CNY 55,200,985.54 in Q1 2024, compared to CNY 5,694,232.70 in Q1 2023, reflecting increased investment activities[21] - Total cash inflow from financing activities was CNY 106,381,513.11 in Q1 2024, compared to CNY 18,000,000.00 in Q1 2023, indicating a substantial increase in financing[21]