易华录(300212) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥194,299,599.36, a decrease of 47.41% compared to ¥369,426,243.44 in the same period last year[4] - The net profit attributable to shareholders was -¥186,347,573.27, representing a decline of 259.35% from -¥51,856,503.58 year-on-year[4] - The company recorded a total comprehensive loss of CNY 184.08 million for Q1 2024, compared to a loss of CNY 43.91 million in the same period last year[16] - Net profit for Q1 2024 was a loss of CNY 185.66 million, compared to a loss of CNY 44.55 million in Q1 2023, representing a significant increase in losses[15] - Basic earnings per share for Q1 2024 were CNY -0.2576, compared to CNY -0.0783 in the same period last year[16] Cash Flow - The net cash flow from operating activities improved by 24.04%, amounting to -¥100,484,914.79 compared to -¥132,293,453.79 in the previous year[4] - The company's cash inflow from operating activities totaled ¥353,102,140.81, an increase of 24.7% compared to ¥283,029,956.28 in the previous period[17] - Cash outflow from operating activities was ¥453,587,055.60, up from ¥415,323,410.07, resulting in a net cash flow from operating activities of -¥100,484,914.79, an improvement from -¥132,293,453.79[17] - The net cash flow from investing activities was -¥68,215,098.48, a significant decline from -¥20,848,321.30 in the previous period[18] - Cash inflow from financing activities reached ¥2,049,980,424.41, compared to ¥1,340,881,771.55 in the prior period, marking a 52.9% increase[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥13,107,411,852.20, a decrease of 1.53% from ¥13,311,225,900.68 at the end of the previous year[4] - The company's total liabilities increased to RMB 9,182,884,241.91 from RMB 8,778,400,000.00, reflecting an increase of about 4.6%[12] - The company's total equity decreased to RMB 3,924,527,610.29 from RMB 4,532,825,900.68, indicating a decline of approximately 13.4%[12] - The company's cash and cash equivalents decreased to RMB 650,954,528.23 from RMB 799,664,636.65, reflecting a decline of approximately 18.6%[11] - The total current liabilities decreased slightly to RMB 6,998,215,544.41 from RMB 7,030,881,449.71, a reduction of about 0.5%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 73,794, with the largest shareholder, China Hualu Group Co., Ltd., holding 31.68% of the shares[7] Cost Management - The company recorded a total cost of ¥301,912,369.14, a decrease of 30.50% compared to ¥434,383,461.92 in the previous year, reflecting a proportional change with revenue[6] - Total operating costs for Q1 2024 were CNY 301.91 million, down 30.5% from CNY 434.38 million in the previous year[14] Investment and R&D - The company reported an investment loss of -¥61,472,356.80, a significant decrease of 438.06% compared to a profit of ¥18,183,719.89 in the previous year[6] - Research and development expenses for Q1 2024 were CNY 4.49 million, down 59.9% from CNY 11.19 million in Q1 2023[14] Strategic Direction - The company plans to increase investment in data element innovation and reduce reliance on traditional smart city and smart transportation projects, which contributed to the revenue decline[6]