WINNER TECH.(300609)2024-04-26 10:41Financial Performance - The company's revenue for Q1 2024 was ¥50,257,630.76, a decrease of 9.86% compared to ¥55,753,203.37 in the same period last year[4] - The net profit attributable to shareholders was -¥20,937,950.38, representing a decline of 209.66% from -¥6,761,557.23 year-over-year[4] - Basic and diluted earnings per share were both -¥0.1719, reflecting a decrease of 211.41% from -¥0.0552 in the same period last year[4] - Net loss for Q1 2024 was CNY 26,863,292.09, compared to a net loss of CNY 9,033,790.50 in Q1 2023, representing a significant increase in losses[21] - The company reported a total comprehensive loss of CNY 26,856,480.11 for the quarter, compared to a loss of CNY 9,055,417.17 in the same quarter last year[21] Cash Flow - The net cash flow from operating activities was -¥47,079,346.20, a significant drop of 184.09% compared to -¥16,571,694.08 in the previous year[4] - The net cash flow from operating activities for Q1 2024 was -47,079,346.20, compared to -16,571,694.08 in Q1 2023, indicating a decline in operational cash flow[24] - Cash outflows from operating activities totaled 119,042,219.47, compared to 87,460,812.64 in Q1 2023, indicating increased operational expenses[24] - The net cash flow from financing activities was -1,067,828.76, compared to -3,841,542.28 in Q1 2023, showing an improvement in financing cash flow[24] - The company reported a total operating cash inflow of 71,962,873.27, slightly increasing from 70,889,118.56 in the same quarter last year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,329,467,114.47, down 4.40% from ¥1,390,600,619.36 at the end of the previous year[4] - Total liabilities decreased to CNY 201,828,140.78 from CNY 240,880,977.58, a reduction of 16.2%[19] - The company's total equity decreased to CNY 1,127,638,973.69 from CNY 1,149,719,641.78, a decline of 1.9%[19] Expenses - Management expenses increased by 54.74% to ¥30,157,069.61, primarily due to higher depreciation and share-based payment expenses[9] - R&D expenses rose by 32.44% to ¥16,061,661.02, mainly due to the capitalization of R&D projects in the previous year[9] - Total operating costs increased to CNY 84,271,520.26, up 17.4% from CNY 71,750,199.21 in the previous year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,704[11] - The largest shareholder, Zhang Hongjun, holds 21.75% of shares, totaling 26,490,742 shares, with 9,380,000 shares pledged[11] - The company has a share repurchase account holding 1,695,600 shares, representing 1.39% of total shares, with no changes during the reporting period[12] - The number of restricted shares at the end of the period is 221,074, with 131,191 shares released during the period[14] - The company has not reported any changes in the top 10 shareholders due to securities lending activities[13] Current Assets - The company's cash and cash equivalents decreased to ¥289,433,254.22 from ¥316,833,594.69, a decline of approximately 8.5%[17] - Accounts receivable decreased to ¥181,293,903.22 from ¥192,629,089.12, a reduction of about 5.5%[17] - Inventory increased to ¥63,677,589.47 from ¥48,025,224.47, representing a growth of approximately 32.5%[17] - The total current assets decreased to ¥583,041,203.41 from ¥620,271,263.29, a decline of about 6%[17] - The total non-current assets remained relatively stable, with a slight decrease in long-term equity investments to ¥37,914,609.21 from ¥37,948,564.50[17] Other Financial Information - The first quarter report was not audited, indicating that the financial figures are preliminary and subject to change[25] - The company received 399,811.59 in tax refunds, a decrease from 699,460.21 in the previous year[24] - Cash paid to employees was 38,442,993.08, up from 31,004,897.17 in Q1 2023, reflecting higher labor costs[24] - The company did not report any cash inflow from the disposal of subsidiaries or other business units during the quarter[24]