JAHEN(300955)2024-04-28 08:07Financial Performance - The company's revenue for Q1 2024 was ¥203,383,105.98, a decrease of 5.43% compared to ¥215,059,414.62 in the same period last year[4] - The net profit attributable to shareholders was -¥2,911,790.81, representing a decline of 153.52% from ¥5,440,914.56 in Q1 2023[4] - Basic and diluted earnings per share were both -¥0.03, down 160.00% from ¥0.05 in the same quarter last year[4] - Total operating revenue for Q1 2024 was CNY 203,383,105.98, a decrease of 5.8% compared to CNY 215,059,414.62 in the same period last year[22] - Net profit for Q1 2024 was a loss of CNY 2,911,790.81, compared to a profit of CNY 5,440,914.56 in Q1 2023, indicating a significant decline[23] Cash Flow - The net cash flow from operating activities decreased by 17.36% to ¥14,868,363.95 from ¥17,991,142.68 in the previous year[4] - The net cash flow from investment activities was -117,994,232.40 CNY, compared to -138,158,030.49 CNY in the previous period, indicating a decrease in cash outflow[27] - Cash inflow from financing activities amounted to 263,560,965.34 CNY, up from 160,800,000.00 CNY in the previous period, reflecting a significant increase of approximately 64%[27] - The net cash flow from financing activities was 99,640,836.20 CNY, slightly down from 102,070,145.76 CNY in the previous period[27] - The total cash and cash equivalents at the end of the period were 190,838,992.17 CNY, compared to 138,428,435.85 CNY at the end of the previous period, showing an increase of about 38%[27] - The cash flow from operating activities was not detailed in the provided data, indicating a focus on investment and financing activities[27] - The company reported a cash outflow of 163,920,129.14 CNY in financing activities, which is significantly higher than the previous period's outflow of 58,729,854.24 CNY[27] - The cash and cash equivalents decreased by 3,109,763.29 CNY during the period, compared to a decrease of 18,836,460.81 CNY in the previous period, indicating improved cash management[27] Assets and Liabilities - Total assets increased by 0.48% to ¥1,701,163,012.09 compared to ¥1,693,032,084.22 at the end of the previous year[4] - Total current assets decreased from CNY 627,813,604.95 to CNY 593,825,963.19, a decline of approximately 5.4%[18] - Total non-current assets increased from CNY 1,065,218,479.27 to CNY 1,107,337,048.90, an increase of about 4%[19] - Current liabilities decreased from CNY 426,274,778.02 to CNY 344,542,490.09, a decrease of about 19.2%[19] - The total liabilities as of Q1 2024 were CNY 709,762,012.93, compared to CNY 698,720,055.71 in the previous year[23] - The total equity attributable to shareholders was CNY 991,400,999.16, slightly down from CNY 994,312,028.51 year-over-year[23] Expenses - Total operating costs for Q1 2024 were CNY 212,280,018.54, slightly down from CNY 212,451,631.74 year-over-year[22] - Research and development expenses increased to CNY 8,029,325.73 from CNY 7,256,582.97, reflecting a focus on innovation[22] - The company reported a decrease in sales expenses to CNY 2,019,464.70 from CNY 1,724,750.56, indicating a potential cost management strategy[22] - Financial expenses decreased by 34.56% to ¥1,946,552.13, mainly due to reduced foreign exchange losses compared to the previous year[10] Shareholder Information - The number of restricted shares decreased from 55,938,212 to 41,953,659 after the release of restrictions[16] - The company reported a total of 852,251 shares held by shareholder Song Yan through a credit securities account[14] Other Information - The company did not undergo an audit for the first quarter report, which may affect the reliability of the financial data presented[28] - The company has adopted new accounting standards starting from 2024, which may influence future financial reporting and performance metrics[29] - The company experienced a 644.83% increase in credit impairment losses, amounting to ¥2,021,871.50, due to a decrease in accounts receivable[10] - Cash paid for various taxes decreased by 40.86% to ¥15,463,737.19, primarily due to tax deferrals from the previous year[11] - The impact of exchange rate changes on cash and cash equivalents was 375,268.96 CNY, contrasting with a negative impact of -739,718.76 CNY in the previous period[27] - Other comprehensive income for Q1 2024 was CNY 761.46, compared to a loss of CNY 23,535.65 in the same period last year[24]