JHT(603199)2024-04-18 10:14Financial Performance - The company's operating revenue for Q1 2024 was CNY 180,273,226.88, representing a decrease of 6.13% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was CNY 52,081,464.68, down 15.80% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 49,020,349.39, a decrease of 17.94% compared to the previous year[4]. - Basic and diluted earnings per share were both CNY 0.47, down 15.80% from the same period last year[4]. - The company's net profit for Q1 2024 was CNY 52,081,464.68, a decrease of 15.5% compared to CNY 61,854,357.96 in Q1 2023[34]. - Operating profit for Q1 2024 was CNY 69,779,627.73, down from CNY 82,871,101.19 in the same period last year, reflecting a decline of 15.8%[33]. - The basic earnings per share for Q1 2024 was CNY 0.4706, down from CNY 0.5589 in Q1 2023, reflecting a decline of 15.8%[34]. - Total revenue for Q1 2024 was 192.04 million in Q1 2023[54]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -17,054,658.83, reflecting a significant decline of 126.95%[4]. - Cash flow from operating activities showed a net outflow of CNY 17,054,658.83 in Q1 2024, compared to a net inflow of CNY 63,288,969.40 in Q1 2023[36]. - Cash and cash equivalents at the end of Q1 2024 were CNY 78,332,982.71, down from CNY 101,077,984.96 at the end of 2023, a decrease of 22.5%[37]. - Total current assets decreased to CNY 387,322,816.27 as of March 31, 2024, down from CNY 436,379,723.40 at the end of 2023, representing a decline of 11.3%[32]. - Total assets at the end of the reporting period were CNY 1,750,186,936.01, a decrease of 3.39% from the end of the previous year[20]. - Total assets decreased from 1,811,514,930.55 to 1,750,186,936.01, a decline of approximately 3.38%[39]. Shareholder Information - The top ten shareholders include Anhui Jiuhua Mountain Cultural Tourism Group Co., Ltd. with 33,121,016 shares, representing a significant portion of the company's equity[25]. - The largest shareholder, Anhui Jiuhua Mountain Cultural Tourism Group Co., Ltd., holds 29.93% of the shares, maintaining a significant influence[50]. - The number of ordinary shareholders at the end of the reporting period was 11,640, indicating a stable shareholder base[50]. - The company has no reported related party transactions among its top shareholders, suggesting a clear governance structure[49]. Expenses and Liabilities - Total operating costs increased to 110.50 million in the same period last year[54]. - Tax expenses rose significantly to 620,868.16 in Q1 2023[54]. - Sales expenses decreased slightly to 7.88 million year-over-year[54]. - Management expenses were reduced to 21.50 million in the previous year[54]. - Total liabilities decreased to CNY 249,911,758.57 in Q1 2024 from CNY 302,282,806.49 in Q1 2023, showing a reduction of 17.3%[36]. - Non-current liabilities decreased from 393,385,281.61 to 280,252,936.38, a reduction of about 28.8%[40]. Future Outlook - The company plans to focus on expanding its market presence and enhancing product offerings in the upcoming quarters[32]. - The company is focused on expanding its market presence, although specific strategies were not detailed in the report[46]. - There were no significant mergers or acquisitions reported during the quarter, indicating a period of consolidation[44]. Other Income and Investments - The company reported cash inflow from investment activities of CNY 173,287,861.59 in Q1 2024, compared to CNY 254,380,834.63 in Q1 2023, indicating a decrease of 31.8%[36]. - Other income increased to 652,846.02 in Q1 2023[54]. - Investment income rose to 928,124.14 in the same quarter last year[54]. - Credit impairment losses increased to 247,753.20 in Q1 2023[54].