先进数通(300541) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥378,797,773.66, representing a 2.28% increase compared to ¥370,340,921.50 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥3,037,167.61, a decrease of 139.73% from a profit of ¥7,644,887.04 in the previous year[5] - Total operating revenue for Q1 2024 was CNY 378,797,773.66, an increase of 2.4% compared to CNY 370,340,921.50 in Q1 2023[23] - The net profit for Q1 2024 was a loss of CNY 3,037,167.61, compared to a profit of CNY 7,644,887.04 in Q1 2023, indicating a significant decline[24] - The company's basic earnings per share dropped to -¥0.01, a decline of 150.00% from ¥0.02 in the same period last year[5] - The earnings per share for Q1 2024 was -0.01, compared to 0.02 in Q1 2023, indicating a negative shift in profitability[24] Cash Flow and Liquidity - The net cash flow from operating activities improved by 31.96%, amounting to -¥152,383,940.16 compared to -¥223,970,663.12 in Q1 2023[9] - The company's cash flow management strategies are under review to address the significant changes in net profit and operating costs[25] - Cash inflow from operating activities totaled $503.39 million, down 17.0% from $606.40 million in the prior period[26] - Cash outflow from operating activities was $655.78 million, a decrease of 21.0% compared to $830.37 million last year[26] - The ending cash and cash equivalents balance was $161.66 million, slightly down from $168.99 million in the prior period[27] Assets and Liabilities - Total assets decreased by 8.81% to ¥2,370,731,432.24 from ¥2,599,746,941.38 at the end of the previous year[5] - Current liabilities decreased to CNY 725,725,222.28 in Q1 2024 from CNY 953,199,325.71 in Q1 2023, a reduction of 23.9%[21] - Long-term liabilities increased to CNY 4,842,287.83 in Q1 2024 from CNY 3,346,525.93 in Q1 2023, marking a rise of 44.7%[21] Expenses and Investments - The company reported a significant increase in sales expenses, which rose by 57.38% to ¥29,911,608.37 due to business expansion efforts[9] - Research and development expenses increased to CNY 22,488,839.77 in Q1 2024, up from CNY 18,203,665.16 in Q1 2023, representing a growth of 23.0%[24] - Investment losses amounted to RMB 3.3468 million, impacting net profit by RMB -2.8968 million, while the previous year's investment income was RMB 9.3881 million, contributing RMB 7.9466 million to net profit[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,587[10] - The company had a total of 21,079,258 shares released from lock-up on March 22, 2024, following the expiration of the lock-up period for shares issued to specific investors[17] Government Support and Market Strategy - The company received government subsidies amounting to ¥232,657.48, which positively impacted its financial performance[7] - The financial industry remains the largest customer segment, with revenue recognition primarily occurring in the second half of the year due to seasonal purchasing patterns[16] - The company emphasizes that quarterly or semi-annual data should not be used to predict annual performance due to the seasonal nature of revenue from financial industry clients[16] - The company plans to enhance its market expansion efforts and invest in new technologies to improve future performance[25]