Amarsoft(300380)2024-04-25 11:58Financial Performance - The company's revenue for Q1 2024 was ¥137,529,749.32, representing a 10.03% increase compared to ¥124,989,395.75 in the same period last year[5] - Net profit attributable to shareholders was ¥2,575,047.64, a significant turnaround from a loss of ¥13,331,044.52 in the previous year, marking a 119.32% improvement[5] - Total operating revenue for Q1 2024 was CNY 137,529,749.32, an increase of 10% compared to CNY 124,989,395.75 in Q1 2023[22] - Net profit for Q1 2024 was CNY -184,988.04, a significant improvement from CNY -19,160,745.12 in the same period last year[23] - The total comprehensive income attributable to the parent company was CNY 2,575,047.64, compared to a loss of CNY 13,331,044.52 in the previous period[24] - Basic and diluted earnings per share were CNY 0.0186, recovering from a loss of CNY 0.0954 in the previous period[24] Cash Flow - The net cash flow from operating activities was -¥144,881,049.23, showing a 7.98% improvement from -¥157,453,453.15 year-on-year[5] - Cash inflow from operating activities totaled CNY 89,728,193.73, down from CNY 97,095,300.93 in the previous period[27] - The net cash flow from operating activities was -CNY 144,881,049.23, slightly improved from -CNY 157,453,453.15 in the previous period[27] - Cash inflow from investment activities was CNY 120,322,383.75, significantly up from CNY 4,117,650.00 in the previous period[27] - The net cash flow from investment activities was -CNY 85,589,325.25, worsening from -CNY 6,941,177.96 in the previous period[27] - Cash inflow from financing activities was CNY 286,806,330.65, compared to CNY 233,846,200.46 in the previous period[27] - The net cash flow from financing activities was CNY 267,039,062.37, an increase from CNY 172,640,675.61 in the previous period[27] - The ending cash and cash equivalents balance was CNY 163,371,921.76, up from CNY 109,445,377.63 in the previous period[27] Assets and Liabilities - Total assets increased by 29.95% to ¥1,074,854,012.50 from ¥827,124,856.01 at the end of the previous year[5] - Current liabilities rose to CNY 694,415,111.52 from CNY 446,133,411.55, an increase of about 55.6%[21] - The company reported a significant increase in short-term borrowings to CNY 367,816,919.89 from CNY 98,408,504.99, an increase of approximately 273%[21] - The balance of short-term borrowings rose by 273.77% to ¥367,816,919.89, reflecting increased bank loans to support business development[9] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,198, with the largest shareholder holding 29.08% of the shares[13] - The total number of shares held by the top ten unrestricted shareholders includes 40,264,815 shares held by Shanghai Anshuo Technology Development Co., Ltd.[14] - The company has a total of 12,381,507 shares under lock-up agreements, with 11,065,507 shares remaining locked at the end of the period[17] - There are no changes reported in the shareholding structure of the top ten shareholders compared to the previous period[14] Investment and Expenses - The company reported a 1545.56% increase in investment income to ¥314,371.06, attributed to higher returns from purchased financial products[10] - Research and development expenses decreased by 20.61% to ¥22,856,787.16, primarily due to reduced personnel costs in the R&D department[10] - The company reported a decrease in research and development expenses to CNY 22,856,787.16 from CNY 28,792,015.20, a reduction of about 20.7%[23] - The company experienced a 56.52% increase in credit impairment losses, amounting to -¥2,875,654.08, due to a rise in accounts receivable[10] Operational Highlights - The company has not disclosed any new product launches or technological developments during this quarter[16] - The company has not engaged in any mergers or acquisitions during this quarter[16] - Future guidance and market expansion strategies were not detailed in the report[16] Other Information - The first quarter report was not audited[28]