吴通控股(300292) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥1,089,905,390.72, representing a 38.14% increase compared to ¥788,994,886.15 in the same period last year[5]. - Net profit attributable to shareholders was ¥32,836,251.11, up 61.16% from ¥20,375,244.53 year-on-year[5]. - The net cash flow from operating activities increased significantly by 256.63%, reaching ¥23,912,658.13 compared to ¥6,705,194.96 in the previous year[5]. - Total operating revenue for Q1 2024 reached ¥1,089,905,390.72, an increase of 38.1% compared to ¥788,994,886.15 in Q1 2023[26]. - The company reported a net loss of ¥1,049,955,150.21 in Q1 2024, slightly improved from a loss of ¥1,082,791,401.32 in Q1 2023[24]. - The total comprehensive income for Q1 2024 was CNY 34,312,504.71, compared to CNY 21,074,262.03 in the previous year, indicating a growth of 62.7%[28]. Cash Flow and Investments - Cash inflow from investment activities totaled ¥37,650.00, a decrease of 99.63% from ¥10,089,228.83 in the same period last year, primarily due to the sale of Yunxiang Technology shares in the previous year[14]. - Cash outflow from investment activities surged to ¥138,430,602.84, an increase of 1669.34% from ¥7,823,848.54 in Q1 2023, mainly due to the purchase of structured deposits with idle raised funds[14]. - Net cash flow from investment activities was -¥138,392,952.84, a drastic decline of 6209.04% compared to ¥2,265,380.29 in Q1 2023[14]. - Cash inflow from financing activities was ¥150,000,000.00, down 31.19% from ¥218,000,000.00 in the previous year, attributed to reduced bank borrowings[14]. - The net increase in cash and cash equivalents was -¥115,163,545.42, reflecting a decrease of 990.43% from a net increase of ¥12,933,482.98 in Q1 2023[14]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,587,805,214.44, a 4.24% increase from ¥2,482,503,998.09 at the end of the previous year[5]. - Total current assets increased to ¥2,195,300,027.08, up 5.0% from ¥2,086,910,855.41 at the start of the period[23]. - Total liabilities rose to ¥1,270,615,593.47, an increase of 5.9% from ¥1,199,626,881.83 in the previous period[24]. - Cash and cash equivalents decreased to ¥253,114,877.19 from ¥372,468,163.38 at the beginning of the period, a decline of 32.0%[21]. Profitability Metrics - The weighted average return on equity rose to 2.52%, up from 1.60% in the same period last year, reflecting improved profitability[5]. - Gross profit margin for Q1 2024 was approximately 3.1%, compared to 4.0% in Q1 2023, indicating a decline in profitability[26]. - The company reported a significant decrease in interest expenses, from CNY 5,089,213.56 in Q1 2023 to CNY 3,640,981.57 in Q1 2024[27]. - Other income decreased from CNY 3,508,564.05 in Q1 2023 to CNY 2,370,472.65 in Q1 2024, reflecting a decline of 32.4%[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 77,863, with no preferred shareholders[16]. - The largest shareholder, Wan Weifang, holds 21.63% of shares, amounting to 290,181,248 shares, with 80,000,000 shares pledged[16][17]. Corporate Governance and Strategy - The company announced a change in the business scope of its wholly-owned subsidiary, Jiangsu Wutong Internet of Things Technology Co., Ltd., to meet operational needs[19]. - The company appointed Bi Huashu as an independent director following the resignation of Wang Derui due to personal reasons[19]. - The company plans to expand its business scope and revise its articles of association, as approved in the recent board meeting[20]. - The company has appointed a new vice chairman to enhance governance and operational efficiency[20]. Research and Development - Research and development expenses for Q1 2024 were ¥25,620,961.89, an increase of 17.5% compared to ¥21,749,482.60 in Q1 2023[26].