Hefei Jingsong Intelligent Technology (688251)2024-04-25 08:06Financial Performance - The company's operating revenue for Q1 2024 was ¥52,740,991.86, representing a year-on-year increase of 1.77%[5] - The net profit attributable to shareholders was a loss of ¥10,162,292.33, a decrease of 3.16% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥11,301,830.76, down 6.35% year-on-year[5] - Total operating revenue for Q1 2024 was CNY 52,740,991.86, a slight increase of 1.76% compared to CNY 51,825,118.65 in Q1 2023[20] - Net profit for Q1 2024 was a loss of CNY 10,162,292.33, compared to a loss of CNY 9,851,281.03 in Q1 2023, indicating a deterioration in profitability[21] - The company reported a basic and diluted earnings per share of CNY -0.17, unchanged from the previous year[22] Cash Flow - The net cash flow from operating activities was negative at ¥41,685,701.81, a decline of 44.26% compared to the previous year[6] - Cash inflow from operating activities increased to CNY 230,688,423.27, up 69.4% from CNY 136,188,043.63 in Q1 2023[22] - The net cash flow from operating activities for Q1 2024 was -28,896,485.03 in Q1 2023, indicating a decline in operational performance[23] - The total cash and cash equivalents at the end of Q1 2024 were 128,516,998.07 in Q1 2023[23] - The company reported a total cash outflow of 176,517,462.93 in Q1 2023, indicating a reduction in cash depletion[23] Investment and Expenditures - Total R&D investment amounted to ¥15,162,643.12, an increase of 35.66% year-on-year, with R&D expenses accounting for 28.75% of operating revenue, up 7.18 percentage points[6][9] - The company’s cash paid for goods and services was CNY 208,918,398.22, up from CNY 108,244,019.46, indicating increased operational expenditures[22] - The company’s cash outflow for purchasing fixed assets and other long-term assets was 2,293,613.97 in Q1 2023, indicating increased capital expenditures[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,582,573,100.06, reflecting a 3.17% increase from the end of the previous year[6] - The total current assets increased to RMB 1,257,413,025.51 from RMB 1,216,776,553.91 as of December 31, 2023, reflecting a growth of approximately 3.3%[18] - The total liabilities decreased from RMB 1,533,897,342.55 to RMB 1,582,573,100.06, showing an increase of approximately 3.2%[18] - Total liabilities increased to CNY 792,870,831.18 from CNY 733,287,483.22, marking an increase of 8.1%[20] - Total equity decreased to CNY 789,702,268.88 from CNY 800,609,859.33, reflecting a decline of 1.1%[20] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,406[11] - The largest shareholder, Yao Zhijian, holds 20% of the shares, totaling 11,888,370 shares[11] Non-Recurring Gains and Losses - The company reported a total of ¥1,139,538.43 in non-recurring gains and losses for the period[8]