SGT(002808)2024-04-29 17:54Financial Performance - The company's revenue for Q1 2024 was ¥33,488,273.91, showing no growth compared to ¥33,487,217.04 in the same period last year, representing a 0.00% change[4] - The net loss attributable to shareholders was ¥5,718,744.88, a decrease of 102.66% from a loss of ¥2,821,775.37 in the previous year[4] - The basic and diluted earnings per share were both -¥0.0213, reflecting a 102.86% decline from -¥0.0105 in the same quarter last year[4] - Net loss for Q1 2024 was CNY 6,165,410.48, compared to a net loss of CNY 3,423,355.52 in Q1 2023, reflecting a deterioration of 80.5%[24] - Operating profit for the period was reported at CNY -5,891,688.82, worsening from CNY -3,425,704.15 in the previous year[24] Cash Flow - The net cash flow from operating activities improved significantly to ¥1,491,573.82, compared to a negative cash flow of ¥1,401,654.35 in Q1 2023, marking a 206.42% increase[4] - Cash inflow from operating activities totaled CNY 45,180,499.57, compared to CNY 44,943,265.44 in Q1 2023, showing an increase of 0.53%[27] - The net cash flow from investing activities was -¥1,834,604.42, a decrease of 105.97% compared to ¥30,709,846.23 in Q1 2023[12] - The net increase in cash and cash equivalents was -¥90,008.72, a decline of 100.31% from an increase of ¥28,700,629.69 in the same quarter last year[12] - The cash and cash equivalents at the end of Q1 2024 were 39,051,833.00, down from 109,617,708.05 at the end of Q1 2023, representing a decrease of approximately 64.4%[28] Assets and Liabilities - Total assets decreased by 0.81% to ¥436,111,466.08 from ¥439,675,531.00 at the end of the previous year[4] - The company's equity attributable to shareholders decreased by 1.62% to ¥337,668,342.76 from ¥343,237,717.89 at the end of the previous year[4] - Total liabilities increased to CNY 102,087,134.56 from CNY 99,078,958.93, reflecting a growth of 3.03%[21] - The company’s fixed assets decreased to 76,712,684.41 RMB from 80,259,548.88 RMB, a decline of approximately 4.3%[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,587[14] - The largest shareholder, Yu Rongqing, holds 32.52% of the shares, totaling 87,420,512 shares[14] - The company has a significant shareholder structure with Yu Rongqing and Lan Shanying being related parties and acting in concert[16] Other Income and Expenses - Non-operating income for the period amounted to ¥132,469.28, primarily due to government subsidies and fair value changes in financial assets[5] - Financial expenses increased significantly by 424.18% to -¥1,063,587.74, mainly due to fluctuations in the USD exchange rate[7] - Total operating costs increased to CNY 38,860,867.30 from CNY 37,318,259.07, representing a rise of 4.14% year-over-year[23] - Research and development expenses were CNY 3,827,893.10, slightly down from CNY 3,850,036.05, indicating a decrease of 0.57%[24] - Other comprehensive income after tax was CNY 149,369.75, up from CNY 123,421.73, marking an increase of 20.98%[25] Regulatory and Compliance - The company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws[17]