Financial Performance - The company's revenue for Q1 2024 was CNY 174,462,476.91, representing a 40.70% increase compared to CNY 123,998,664.81 in the same period last year[5]. - The net profit attributable to shareholders decreased by 14.27% to CNY 14,331,494.78 from CNY 16,717,052.66 year-on-year[5]. - Operating profit for Q1 2024 was ¥33,896,854.25, up 83.5% from ¥18,496,795.59 in Q1 2023[26]. - The company achieved a comprehensive income total of ¥31,115,119.38, compared to ¥16,489,804.06 in Q1 2023[26]. - Basic earnings per share for Q1 2024 were ¥0.11, down from ¥0.17 in the same period last year[26]. Cash Flow and Investments - The net cash flow from operating activities increased by 17.37% to CNY 36,015,322.30 compared to CNY 30,685,731.87 in the previous year[5]. - Cash received from other operating activities increased by 425.96% to ¥12,188,402.58, primarily due to increased operational transactions[12]. - Cash paid for investments surged by 237,309.33% to ¥356,114,000.00, mainly due to investments in financial products[12]. - Cash inflow from investment activities was ¥607,015,559.19, significantly higher than ¥7,079.65 in the previous year[28]. - The company reported a cash increase of 104,264,669.49 in Q1 2024, contrasting with a decrease of -24,342,156.58 in Q1 2023[29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,920,046,218.15, an increase of 8.23% from CNY 2,697,996,736.03 at the end of the previous year[5]. - Total liabilities increased to CNY 286,984,141.46 from CNY 131,421,660.86, showing a growth of about 118.5%[23]. - The company's total equity stood at CNY 2,633,062,076.69, reflecting an increase from CNY 2,566,575,075.14[23]. - The company reported a significant increase in contract liabilities by 1521.11% to CNY 51,625,505.89, mainly due to new subsidiary customer prepayments[10]. Expenses - Research and development expenses rose by 99.29% to CNY 12,032,985.59, attributed to increased personnel costs and new subsidiaries[11]. - The company experienced a 226.20% increase in sales expenses to CNY 7,210,053.89, driven by business expansion and new subsidiaries[11]. - Cash paid to employees rose by 57.78% to ¥38,381,693.63, mainly due to increased employee compensation[12]. - Cash paid for other operating activities increased by 170.19% to ¥15,369,558.92, attributed to higher operational transactions[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,479[15]. - The largest shareholder, Chen Chao Xian, holds 23.94% of the shares, amounting to 30,807,060 shares[15]. - The company reported a total of 98,168,676.00 shares with 1,657,981.00 shares released from restrictions during the period[19]. Future Outlook - The company has plans for future product development and market expansion, although specific details were not disclosed in the report[20]. Audit Status - The company did not undergo an audit for the Q1 2024 report, which remains unaudited[30].
致尚科技(301486) - 2024 Q1 - 季度财报