TANSUN(SZ:300872)2024-04-24 10:28Financial Performance - The company's revenue for Q1 2024 was ¥487,726,342.03, representing a 1.36% increase compared to ¥481,170,268.77 in the same period last year[6] - Net profit attributable to shareholders increased by 225.81% to ¥91,023,218.21 from ¥27,937,549.01 year-on-year[6] - Basic earnings per share rose to ¥0.23, up 228.57% from ¥0.07 in the same period last year[6] - The net profit for Q1 2024 was CNY 90,912,607.35, a significant increase from CNY 27,572,728.58 in Q1 2023, representing a growth of approximately 229%[24] - The total comprehensive income for the period was CNY 107,553,276.49, compared to CNY 59,385,856.18 in Q1 2023, marking an increase of approximately 81%[24] - The operating profit for Q1 2024 was CNY 96,401,935.72, significantly higher than CNY 28,900,727.46 in Q1 2023, representing an increase of approximately 234%[24] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥268,120,596.30, a decrease of 97.14% compared to -¥136,006,433.08 in the previous year[13] - The company's cash and cash equivalents decreased by 46.77% to ¥768,929,883.94 from ¥1,444,435,965.09 due to the previous year's issuance of convertible bonds[10] - The total assets at the end of the reporting period were ¥4,138,853,233.53, a 2.52% increase from ¥4,037,096,683.54 at the end of the previous year[6] - The cash flow from operating activities showed a net outflow of CNY -268,120,596.30, worsening from CNY -136,006,433.08 in the same period last year[26] - The cash and cash equivalents at the end of Q1 2024 were CNY 707,851,054.61, down from CNY 1,470,795,369.70 at the end of Q1 2023[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 26,143[16] - The largest shareholder, Ouyang Jianping, holds 21.79% of the shares, totaling 88,105,854 shares, with 50 million shares pledged[16] - The top ten shareholders include institutions and individuals, with the second-largest shareholder holding 9.83% of the shares[16] - The company has not disclosed any other significant shareholder relationships or actions that may affect control[17] - The company has a total of 0 preferred shareholders at the end of the reporting period[18] Investments and Plans - The company plans to invest no less than RMB 200 million over the next five years in the establishment of the "Tianyang Technology·Hunan University Financial Supercomputing Joint Innovation Center" in collaboration with Hunan University[18] - The company approved a share repurchase plan with a total fund of no less than RMB 50 million and no more than RMB 100 million, with a repurchase price not exceeding RMB 20.14 per share[19] - As of March 29, 2024, the company has repurchased 4,346,480 shares, accounting for 1.07% of the total share capital[19] Income and Expenses - Research and development expenses decreased by 35.79% to ¥38,124,075.12 from ¥59,369,858.34 year-on-year[12] - The company reported a significant increase in other income, which rose by 2863.95% to ¥52,900,083.82, primarily due to receiving special funds for industrial support[12] - The total operating costs decreased to CNY 439,523,250.89 from CNY 454,711,915.85, representing a reduction of approximately 3.34%[23] - The company incurred income tax expenses of CNY 5,489,253.22, up from CNY 1,322,840.43 in the previous year, indicating a rise of about 314%[24] - The company reported other comprehensive income after tax of CNY 16,640,669.14, down from CNY 31,813,127.60 in the previous year, indicating a decrease of about 47.7%[24]