银之杰(300085) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥209,206,106.86, a decrease of 23.06% compared to the same period last year[4] - The net profit attributable to shareholders was a loss of ¥31,388,588.94, representing a decline of 2,669.50% year-over-year[4] - Basic and diluted earnings per share both decreased to -¥0.0444, a drop of 2,711.76% year-over-year[4] - The net loss attributable to the parent company for Q1 2024 was CNY -30,282,468.46, compared to a profit of CNY 4,928,015.65 in the previous year[29] - Operating profit turned negative at $30,743,118.72, contrasting with a positive operating profit of $1,170,819.65 in the same period last year[42] - The total profit before tax was reported at -$30,758,298.41, compared to a profit of $1,013,454.31 in the previous year[42] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥51,616,201.38, a significant increase in loss of 1,336.50% compared to the previous year[4] - Cash inflow from operating activities was CNY 225,794,492.84, down from CNY 267,942,176.04, a decrease of 15.7%[29] - The net cash flow from operating activities was -$51.62 million, a significant decline compared to -$3.59 million in the previous period, indicating a worsening operational cash flow situation[30] - The company reported a net cash flow from financing activities of -$34.76 million, contrasting with a positive cash flow of $24.13 million in the previous period[30] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,239,207,520.74, down 13.15% from the end of the previous year[4] - The total liabilities decreased to CNY 601,066,228.88 from CNY 758,408,675.55, a decline of 20.7%[26] - Total assets decreased from $1.43 billion to $1.24 billion, reflecting a reduction of approximately 14%[38] - The total liabilities decreased from $747.49 million to $590.62 million, showing a reduction of about 21%[38] Shareholder Equity - Shareholders' equity attributable to the parent company decreased to ¥638,141,291.86, a reduction of 4.53% compared to the previous year[4] - The total equity attributable to shareholders decreased to CNY 638,141,291.86 from CNY 668,423,760.32, a decline of 4.5%[26] Expenses and Investments - The company incurred a total of $35,092,089.19 in selling expenses, a decrease from $36,799,872.14 year-over-year[42] - Research and development expenses increased slightly to $14,670,696.96 from $14,104,852.76, reflecting ongoing investment in innovation[42] - Financial expenses rose to $1,825,562.27, compared to $1,530,978.51 in the previous year, with interest expenses at $3,416,481.73[42] - The company reported an investment loss of $9,528,618.81, worsening from a loss of $5,262,295.77 in the prior year[42] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥312,405.51 for the period[5] - The company experienced a significant increase in asset impairment losses, which rose by 2,262.01% year-over-year[17] - Total revenue from other comprehensive income attributable to the parent company was $1,106,120.48, down from $3,706,432.62 in the previous year[42] - The company’s long-term equity investments decreased from $275.48 million to $266.93 million, a decline of about 3%[38] - The company’s intangible assets increased from $58.06 million to $63.01 million, reflecting a growth of approximately 8.2%[38] Shareholder Information - The total number of common shareholders at the end of the reporting period was 49,675, with the largest shareholder holding 15.32%[32] Audit Status - The company’s cash flow statement for the first quarter remains unaudited, indicating a need for further financial scrutiny[49]