CSII(300663)2024-04-24 13:37Financial Performance - The company's revenue for Q1 2024 was ¥248,822,347.21, representing a 0.71% increase compared to ¥247,080,376.90 in the same period last year[5] - The net loss attributable to shareholders was ¥5,558,262.01, a 34.36% improvement from a loss of ¥8,467,740.11 in the previous year[5] - Basic earnings per share improved to -¥0.012 from -¥0.02, marking a 40.00% increase[5] - Net loss for Q1 2024 was CNY 7,681,654.09, an improvement from a net loss of CNY 9,168,876.43 in the same period last year, indicating a reduction of about 16.2%[21] - The company reported a total comprehensive loss of CNY 8,477,644.05, compared to a loss of CNY 9,252,616.12 in the previous year, showing an improvement of about 8.3%[22] Cash Flow - The net cash flow from operating activities was negative at ¥163,817,992.08, slightly worse than the previous year's negative cash flow of ¥160,352,964.38, reflecting a -2.16% change[5] - The company's cash flow from operating activities showed a net outflow of CNY 163,817,992.08, slightly worse than the outflow of CNY 160,352,964.38 in Q1 2023[23] - The cash received from sales of goods and services was CNY 142,147,939.97, an increase from CNY 139,446,221.72, reflecting a growth of approximately 2.0%[23] - In Q1 2024, the net cash flow from investment activities was -¥23,434,866.84, a significant decrease compared to ¥141,102,748.14 in Q1 2023[25] - The total cash inflow from financing activities was ¥30,000,000.00, down from ¥281,996,470.46 in the same quarter last year[25] - The net cash flow from financing activities was -¥77,297,350.34, compared to -¥104,927,958.60 in Q1 2023, indicating a slight improvement[25] - The cash and cash equivalents at the end of Q1 2024 stood at ¥327,738,104.35, down from ¥592,372,112.34 at the beginning of the quarter[25] Assets and Liabilities - Total assets decreased by 2.56% to ¥2,920,420,884.99 from ¥2,997,116,315.99 at the end of the previous year[5] - The total current assets decreased from CNY 2,201,045,100.40 to CNY 2,080,391,740.28, a decline of approximately 5.5%[16] - Total liabilities decreased to CNY 1,781,453,603.95 from CNY 1,850,086,642.06, a decline of about 3.7%[18] - The total liabilities decreased from CNY 1,388,994,412.40 to CNY 1,316,637,815.31, a reduction of about 5.2%[17] - Current liabilities decreased from CNY 808,924,479.10 to CNY 736,368,064.86, a decline of approximately 8.9%[17] Investments and Expenses - The company reported a significant decrease in investment income, down 80.10% to ¥209,589.27 from ¥1,053,264.29, primarily due to reduced returns on idle funds[9] - Research and development expenses increased to CNY 34,948,808.71, up from CNY 31,344,101.78, reflecting a growth of approximately 11.5%[20] - Total operating costs decreased to CNY 258,912,517.07 from CNY 260,959,947.22, representing a reduction of approximately 0.8%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 59,041, with the largest shareholder holding 13.65% of the shares[11] - The company's non-current assets increased from CNY 796,071,215.59 to CNY 840,029,144.71, an increase of approximately 5.5%[17] - The total equity attributable to shareholders of the parent company was CNY 1,095,521,018.85, down from CNY 1,101,588,561.35, a decrease of approximately 0.6%[18] - The company reported a significant reduction in restricted shares held by executive Wang Anjing, from 58,761,644 to 47,326,282, a decrease of approximately 19.5%[15] Other Financial Metrics - The weighted average return on equity was -0.51%, an improvement from -0.69% in the previous year[5] - The cash and cash equivalents decreased by 44.29% to ¥334,994,139.40, attributed to payments for daily operational expenses[9] - The impact of exchange rate changes on cash and cash equivalents was -¥83,798.73 in Q1 2024, compared to -¥568,156.53 in Q1 2023[25] - The cash outflow for the acquisition of fixed assets and intangible assets was ¥24,271,269.38, compared to ¥26,319,248.07 in Q1 2023[25] - The company's first quarter report for 2024 was not audited[26]