GQY视讯(300076) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥38,766,840.24, representing a 101.45% increase compared to ¥19,243,646.00 in the same period last year[3] - The net profit attributable to shareholders was -¥95,088.05, an improvement of 97.44% from -¥3,712,327.22 year-over-year[3] - Basic and diluted earnings per share were both -¥0.0002, showing a 97.73% improvement from -¥0.0088 in the same period last year[4] - In Q1 2024, the company reported a net loss of CNY 244,512.54, compared to a net loss of CNY 3,673,159.72 in Q1 2023, indicating an improvement in performance[17] - The company's operating profit was CNY -297,357.00 in Q1 2024, significantly better than the operating loss of CNY -3,559,063.41 in Q1 2023[17] Cash Flow and Liquidity - The net cash flow from operating activities was -¥22,928,362.18, a decline of 107.33% compared to -¥11,058,883.19 in the previous year[3] - The company's cash and cash equivalents decreased to CNY 63,604,929.77 from CNY 84,741,218.16, reflecting a decline of approximately 25%[13] - Total cash and cash equivalents at the end of Q1 2024 were CNY 57,507,028.20, down from CNY 114,612,530.61 at the end of Q1 2023[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,097,987,343.68, a 1.81% increase from ¥1,078,494,092.02 at the end of the previous year[4] - The total liabilities increased to CNY 109,919,063.51 from CNY 90,631,299.31, indicating a rise of about 21.3%[15] - The equity attributable to the parent company was CNY 987,499,723.22, slightly down from CNY 987,594,811.27, a decrease of about 0.01%[15] Operating Costs and Expenses - The company experienced a 78.05% increase in operating costs, amounting to ¥29,634,384.99, due to higher business volume[8] - The total operating costs for Q1 2024 amounted to CNY 41,923,080.84, compared to CNY 26,393,515.45 in the previous year, indicating an increase of about 58.9%[16] - The company’s sales expenses rose to CNY 5,685,060.40 in Q1 2024 from CNY 3,691,702.98 in Q1 2023, an increase of about 54.0%[17] - Research and development expenses increased to CNY 1,245,760.86 in Q1 2024 from CNY 1,044,508.13 in Q1 2023, representing a growth of about 19.3%[17] Investment and Subsidies - Investment income for the period was ¥563,861.67, an increase of 83.65% compared to ¥307,033.76 in the previous year[8] - The company received government subsidies amounting to ¥18,367.64 during the reporting period, which was lower than the previous year[8] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,912, with the largest shareholder holding 29.72% of the shares[10] - The company completed a capital increase of CNY 45 million to its wholly-owned subsidiary, bringing its registered capital to CNY 95 million[11] Market Strategy - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[11]