天娱数科(002354) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥369,821,532.83, a decrease of 22.00% compared to ¥474,136,065.04 in the same period last year[7]. - Net profit attributable to shareholders of the listed company increased by 30.09% to ¥13,306,635.57 from ¥10,228,658.75 year-on-year[7]. - The net profit after deducting non-recurring gains and losses reached ¥14,668,549.83, a significant increase of 644.69% compared to a loss of ¥2,693,032.58 in the previous year[7]. - Basic and diluted earnings per share were both ¥0.0080, reflecting a 29.03% increase from ¥0.0062 year-on-year[7]. - Net profit attributable to the parent company was RMB 12,148,264.07, up 36.00% from RMB 8,923,270.43 in the previous period[35]. Cash Flow - The net cash flow from operating activities was negative at ¥-35,347,280.07, a decrease of 279.81% from ¥19,657,653.38 in the same period last year[7]. - The cash inflow from operating activities was CNY 674,035,382.68, an increase of 36.7% compared to CNY 492,853,393.54 in the previous period[53]. - The cash outflow from operating activities totaled CNY 709,382,662.75, up from CNY 473,195,740.16, resulting in a net cash flow from operating activities of -CNY 35,347,280.07[54]. - The cash inflow from investment activities was CNY 27,984,287.14, a decrease of 30.4% from CNY 40,065,593.81 in the previous period[54]. - The net cash flow from financing activities decreased by 89.41% compared to the previous period, mainly due to the disposal of reserved shares to supplement the company's liquidity according to the restructuring plan in the previous period[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,073,381,360.19, representing a 2.47% increase from ¥2,023,376,467.48 at the end of the previous year[7]. - Total liabilities amounted to approximately 507.62 million, an increase from approximately 497.38 million at the end of the previous period[32]. - The balance of investment properties increased by 80.60% compared to the beginning of the period, mainly due to the increase in rental properties[20]. - The balance of contract liabilities increased by 46.66% compared to the beginning of the period, primarily due to new pre-received cooperation funds that have not yet been settled[20]. Expenses - The company's management expenses were ¥38,036,709.39, a decrease from ¥39,740,379.48 in the previous year[1]. - Research and development expenses were ¥13,903,429.68, down from ¥19,019,457.03 year-on-year[1]. - Operating costs decreased by 32.95% compared to the previous period, attributed to the company's shift towards high-net-worth business development, improving gross profit margins[20]. - Financial expenses increased by 64.92% compared to the previous period, primarily due to significant foreign exchange gains and losses in the previous period[22]. - Income tax expenses increased by 56.59% compared to the previous period, primarily due to increased profits from digital effect flow business[22]. Other Financial Metrics - Investment income decreased by 132.95% compared to the previous period, primarily due to reduced investment income from joint ventures and associates[12]. - Other income decreased by 85.78% compared to the previous period, mainly due to a reduction in government subsidies received[22]. - The company reported a 100.71% increase in credit impairment losses, mainly due to an increase in accounts receivable provisions[40]. - The company completed the transfer of a 75% partnership interest in a subsidiary for RMB 18.96 million, with a corresponding investment of RMB 18 million[45]. - The company provided guarantees for its subsidiary up to RMB 170 million, indicating a strategic move to support its operations[46].