久其软件(002279) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 720,696,290.41, representing a 73.38% increase compared to CNY 415,680,568.57 in the same period last year[4] - The net profit attributable to shareholders was a loss of CNY 118,948,820.27, worsening from a loss of CNY 81,944,910.69 year-over-year[4] - Total operating revenue for Q1 2024 was CNY 720,696,290.41, an increase of 73.2% compared to CNY 415,680,568.57 in Q1 2023[24] - Net loss for Q1 2024 was CNY 127,036,268.04, compared to a net loss of CNY 91,832,168.35 in Q1 2023, representing a 38.0% increase in losses[25] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.1375, compared to CNY -0.0946 in Q1 2023[26] - The company reported a gross profit margin of approximately -18.5% for Q1 2024, compared to -12.8% in Q1 2023[25] Cash Flow and Investments - The net cash flow from operating activities was a negative CNY 410,496,574.44, compared to a negative CNY 161,897,568.20 in the previous year[4] - The company's operating cash flow for the current period was -410,496,574.44 CNY, compared to -161,897,568.20 CNY in the previous period, indicating a significant decline[27] - Total cash inflow from operating activities was 899,926,167.94 CNY, up from 565,013,498.51 CNY in the previous period, reflecting a growth of approximately 59.3%[27] - Cash outflow from operating activities increased to 1,310,422,742.38 CNY from 726,911,066.71 CNY, representing an increase of about 80.5%[27] - The net cash flow from investment activities was 156,982,308.51 CNY, a turnaround from -64,266,062.06 CNY in the previous period[28] - Cash inflow from investment activities totaled 525,460,428.96 CNY, compared to 302,003,927.14 CNY previously, marking an increase of approximately 74.5%[28] Assets and Liabilities - Total assets decreased by 17.00% to CNY 2,456,202,491.34 from CNY 2,959,301,630.21 at the end of the previous year[4] - The company's total equity decreased to CNY 1,523,381,969.21 in Q1 2024 from CNY 1,694,160,027.63 in Q1 2023, a decline of 10.1%[22] - Total liabilities decreased to CNY 932,820,522.13 in Q1 2024 from CNY 1,265,141,602.58 in Q1 2023, a reduction of 26.3%[22] - The company's total current assets decreased from 2,093,526,873.81 RMB at the beginning of the period to 1,621,162,518.69 RMB at the end of the period[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 117,168[12] - The top 10 shareholders hold a total of 11.25% (97,301,009 shares) by Beijing Jiuxi Technology Investment Co., Ltd.[12] - The company has repurchased a total of 8,980,000 shares, accounting for 1.04% of the total share capital, with a total transaction amount of 45,068,769 RMB[15] - The highest transaction price during the repurchase was 5.67 RMB/share, and the lowest was 4.01 RMB/share[15] - The company plans to use its own funds to repurchase shares with a total amount not exceeding 100 million RMB and not less than 50 million RMB[14] Operational Costs and Expenses - Total operating costs for Q1 2024 were CNY 854,182,872.21, up 64.3% from CNY 519,732,890.31 in the same period last year[24] - The cost of goods sold increased by 94.05% to CNY 64,833,200.00, primarily due to higher media procurement costs in the digital communication business[10] - Research and development expenses for Q1 2024 were CNY 80,615,114.97, an increase of 9.2% from CNY 73,481,266.80 in Q1 2023[24] Other Information - The company's inventory increased by 30.90% to CNY 54,266,600.00, reflecting higher costs associated with current orders[9] - The company's subsidiary, Beijing Huaxia Diantong Technology Co., Ltd., has received approval to terminate its listing on the National Equities Exchange and Quotations[17] - The company has not undergone an audit for the first quarter report[29] - The company is set to implement new accounting standards starting in 2024, which may affect financial reporting[30]