铜牛信息(300895) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥50,656,857.16, a decrease of 23.04% compared to ¥65,826,213.86 in the same period last year[5] - The net loss attributable to shareholders was ¥15,195,141.16, representing a significant increase of 2,328.36% from a loss of ¥625,736.77 in the previous year[5] - Net loss for Q1 2024 was ¥17,823,203.72, compared to a net loss of ¥4,127,042.30 in Q1 2023, indicating a significant increase in losses[21] - The weighted average return on net assets was -1.58%, a decline of 1.52% from -0.06% in the previous year[5] - The total equity attributable to shareholders of the parent company decreased to ¥952,829,154.56 from ¥968,024,295.71, a decline of about 1.6%[21] Cash Flow and Liquidity - The net cash flow from operating activities improved by 88.34%, amounting to -¥1,066,803.57 compared to -¥9,150,603.32 in Q1 2023[5] - Cash inflow from operating activities totaled ¥60,728,508.39, down from ¥67,780,786.50, a decrease of approximately 10.1%[23] - The company's cash and cash equivalents decreased to RMB 155,379,883.58 from RMB 185,374,064.33, reflecting a decline of approximately 16.14%[17] - The cash and cash equivalents at the end of Q1 2024 amounted to 152,908,146.18 CNY, down from 183,115,451.93 CNY at the beginning of the period[24] - The net increase in cash and cash equivalents for the quarter was -30,207,305.75 CNY[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,094,361,492.23, a decrease of 1.16% from ¥1,107,149,955.73 at the end of the previous year[5] - The company's total equity remained stable at RMB 140,800,657.00, unchanged from the previous period[18] - The total liabilities and equity amounted to ¥1,094,361,492.23, slightly down from ¥1,107,149,955.73, reflecting a decrease of about 1.1%[21] - The company reported a total liability of RMB 107,975,917.27, compared to RMB 102,941,177.05 at the beginning of the period, marking an increase of about 4.00%[18] Operational Expenses - Sales expenses rose by 38.85% compared to the same period last year, driven by an increase in the sales workforce and related costs[9] - Research and development expenses increased to ¥6,589,805.08, up from ¥5,179,454.90, representing a growth of approximately 27.2%[20] - Total operating costs decreased to ¥66,966,741.57 from ¥73,122,363.44, reflecting a reduction of approximately 8.5%[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,282, with the top two shareholders holding a combined 50.99% of the shares[12] - The total number of restricted shares decreased from 3,378,733.00 to 2,628,403.00, a reduction of approximately 22.15%[15] Other Financial Metrics - The company reported a basic and diluted earnings per share of -¥0.1079, compared to -¥0.0049 in the previous year[21] - The company experienced a 98.38% decrease in other income, as it did not receive government subsidies in the current period that were received in the previous year[9] - The company began implementing new accounting standards in 2024[25] - The first quarter report for 2024 was not audited[25] Financing Activities - The company's short-term borrowings increased by 38.89%, attributed to additional bank loans taken by its controlling subsidiary during the reporting period[8] - In Q1 2024, the net cash flow from financing activities was 2,392,899.70 CNY, with total cash inflows of 6,800,000.00 CNY[24] - The company received 6,800,000.00 CNY from minority shareholders' investments in subsidiaries[24] - The cash outflow from financing activities totaled 407,100.30 CNY, primarily due to interest payments[24]