RONGJI SOFTWARE(002474)2024-04-29 09:07Financial Performance - The company's operating revenue for Q1 2024 was ¥89,233,848.55, representing an increase of 83.33% compared to ¥48,674,533.58 in the same period last year[5]. - The net loss attributable to shareholders was ¥21,540,726.44, an improvement of 19.64% from a loss of ¥26,804,874.29 in the previous year[5]. - The company's basic and diluted earnings per share improved to -¥0.0346 from -¥0.0431, reflecting a 19.72% increase[5]. - Net loss for Q1 2024 was ¥22,144,251.19, an improvement from a net loss of ¥26,738,537.77 in Q1 2023, reflecting a reduction of 17.5%[21]. - The total comprehensive loss for Q1 2024 was ¥22,106,584.04, an improvement from a loss of ¥28,674,246.87 in Q1 2023[21]. Cash Flow - The net cash flow from operating activities was ¥3,921,559.13, a significant turnaround from a negative cash flow of ¥35,714,353.39 in the same period last year, marking an increase of 110.98%[12]. - Cash inflow from operating activities totaled 239,344,759.81 CNY, significantly up from 110,854,905.59 CNY year-over-year[22]. - The net cash flow from investment activities was ¥54,414,555.34, a turnaround from -49,474,181.22 CNY in the previous period[24]. - Cash inflow from investment activities was 112,130,500.00 CNY, compared to 24,773,072.77 CNY in the previous period[24]. - The net cash flow from financing activities was -75,577,016.66 CNY, compared to a positive flow of 50,410,813.19 CNY in the previous period[24]. Assets and Liabilities - The total assets at the end of Q1 2024 were ¥2,571,530,658.64, down 3.99% from ¥2,678,483,306.70 at the end of the previous year[5]. - Total liabilities decreased to ¥1,107,961,838.06, down from ¥1,192,807,902.08, representing a reduction of 7.1%[18]. - The equity attributable to shareholders of the parent company was ¥1,464,851,470.24, a slight decrease from ¥1,486,354,529.53[18]. - Total current assets decreased from 1,466,719,054.85 CNY to 1,367,754,414.51 CNY, a decline of approximately 6.7%[16]. - Cash and cash equivalents decreased from 223,984,843.82 CNY to 205,083,831.29 CNY, a decrease of about 8.2%[16]. Operating Costs and Expenses - The company's operating costs increased by 103.29% to ¥60,835,552.46, primarily due to the rise in operating revenue[11]. - Total operating costs increased to ¥111,039,040.40, up 23.8% from ¥89,686,646.63 year-over-year[20]. - The company reported a decrease in sales expenses by 36.04% to ¥6,246,463.51, mainly due to reduced business entertainment and employee compensation costs[11]. - Research and development expenses for Q1 2024 were ¥20,147,264.10, slightly up from ¥20,029,946.48 in the previous year[20]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 95,376[14]. - The largest shareholder, Lu Feng, holds 17.22% of shares, totaling 107,140,740 shares[14]. - The company has a total of 4,700,086 shares held in margin trading by major shareholders[14]. Other Information - The company has not reported any new product developments or market expansion strategies in the current quarter[15]. - The company's first quarter report for 2024 was not audited[25]. - The company reported a credit impairment loss of ¥-7,515,259.10, compared to a gain of ¥7,256,623.33 in the previous year[21]. - Other comprehensive income after tax was ¥37,667.15, a recovery from a loss of ¥-1,935,709.10 in the same period last year[21]. - The total comprehensive income attributable to minority shareholders for Q1 2024 was -603,524.75 CNY, compared to 66,336.52 CNY in the previous period[22].