DNT(300245)2024-04-25 12:42Financial Performance - The company's revenue for Q1 2024 was ¥60,652,449.38, a decrease of 28.05% compared to ¥84,293,452.36 in the same period last year[4] - Net profit attributable to shareholders was ¥3,299,969.40, representing a significant increase of 181.78% from a loss of ¥4,035,136.46 in the previous year[4] - Total operating revenue for Q1 2024 was CNY 60,652,449.38, a decrease of 28.1% compared to CNY 84,293,452.36 in the same period last year[19] - Net profit for Q1 2024 was CNY 1,889,591.61, a significant recovery from a net loss of CNY 5,216,781.12 in Q1 2023[19] - The company reported a gross profit margin of approximately 48.5% for Q1 2024, compared to 38.0% in Q1 2023[19] Cash Flow - The net cash flow from operating activities was -¥73,118,722.93, a decline of 55.83% compared to -¥46,922,673.13 in the same period last year[4] - Cash inflow from operating activities was CNY 110,910,506.96, down 18.5% from CNY 136,153,633.36 in the previous year[23] - The company's cash flow from operating activities showed a negative trend, with total cash outflows reaching 184,029,229.89, slightly up from 183,076,306.49 in the previous year[24] - The company’s cash flow from financing activities was negative, with a net cash flow of -33,194,672.61, compared to -1,379,890.67 in the previous year, indicating increased financial strain[24] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥1,561,903,372.22, down 5.24% from ¥1,648,316,726.62 at the end of the previous year[4] - The total liabilities decreased to CNY 202,339,716.90 from CNY 258,280,136.25, reflecting a reduction of 21.7%[18] - The total current assets decreased from ¥1,116,193,374.06 to ¥1,046,470,850.08, a reduction of about 6.2%[17] Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 25,935[11] - The largest shareholder, Shenzhen Yulong Capital Investment Management Co., Ltd., holds 8.38% of shares, totaling 26,255,000 shares[11] - The company reported a total of 2,594,140 shares under lock-up conditions for executives, with 413,175 shares released during the period[14] Equity and Earnings - The company’s total equity attributable to shareholders decreased by 2.10% to ¥1,354,688,407.24 compared to the previous year[4] - Basic earnings per share for Q1 2024 were CNY 0.01, compared to a loss per share of CNY 0.01 in Q1 2023[21] - The company’s basic earnings per share improved to ¥0.01 from a loss of ¥0.01 in the same period last year, marking a 200.00% increase[4] Investment Activities - The total cash outflow from investment activities was 450,105,171.00, significantly higher than 6,996.98 in the previous year, reflecting a substantial increase in investment expenditures[24] - The net cash flow from investment activities was -353,382,556.06, compared to a positive cash flow of 12,154,842.11 in the previous year, marking a drastic change in investment performance[24] - The company reported a total cash inflow from investment activities of 96,722,614.94, compared to 12,161,839.09 in the previous year, showing a significant increase in cash inflows from investments[24] Other Income and Gains - The company reported non-recurring gains of ¥16,974,591.99, primarily from the disposal of non-current assets and government subsidies[5] - The company experienced a 731.59% increase in other income, totaling ¥2,257,795.31, mainly from government subsidies[9] - The company reported a significant increase in asset disposal gains of CNY 15,941,585.92 compared to a loss of CNY 94.74 in the previous year[19] Cash and Cash Equivalents - Cash and cash equivalents decreased by 60.42% to ¥301,504,897.49 due to investments in principal-protected financial products[8] - The company's cash and cash equivalents decreased from ¥761,665,166.19 to ¥301,504,897.49, a decline of approximately 60.5%[17] - The cash and cash equivalents at the end of the period were 298,769,901.79, down from 661,918,483.80 in the previous year, representing a decrease of approximately 55.1%[24]