Financial Performance - The company's revenue for Q1 2024 was ¥53,812,930.60, a decrease of 18.38% compared to ¥65,932,157.77 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥5,570,992.74, representing a decline of 263.02% from a profit of ¥3,417,338.98 in Q1 2023[5] - The basic earnings per share for Q1 2024 was -¥0.07, a decrease of 275.00% from ¥0.04 in Q1 2023[5] - Total operating revenue for Q1 2024 was CNY 53,812,930.60, a decrease of 18.4% compared to CNY 65,932,157.77 in the same period last year[23] - Net profit for Q1 2024 was a loss of CNY 5,570,992.74, compared to a profit of CNY 3,417,338.98 in Q1 2023, indicating a significant decline[24] - Other comprehensive income after tax for Q1 2024 was CNY 92,313.13, compared to a loss of CNY -687,338.52 in Q1 2023[24] Cash Flow - The net cash flow from operating activities was -¥33,063,592.13, a decrease of 39.62% compared to -¥23,681,206.12 in the previous year[5] - The company's cash flow from operating activities showed a significant change, with a net cash outflow reported[25] - The total cash inflow from operating activities was 45,860,247.34, down from 68,072,522.49 in the previous period[26] - The total cash outflow from operating activities was 78,923,839.47, compared to 91,753,728.61 in the prior period[26] - Cash inflow from investment activities totaled 70,212,788.63, significantly down from 676,357,861.88 in the prior period[27] - The net cash flow from investment activities was -241,777,428.38, worsening from -165,704,673.34 year-over-year[27] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥948,608,591.92, down 1.33% from ¥961,367,630.10 at the end of the previous year[5] - Total liabilities decreased to CNY 43,435,064.42 from CNY 48,784,784.09, a decline of 11.1%[22] - The total current assets amounted to RMB 792,847,870.02, down from RMB 808,027,064.22, a decrease of approximately 1.9%[20] Shareholder Information - The company had a total of 11,276 ordinary shareholders at the end of the reporting period[14] - The company repurchased a total of 510,000 shares, accounting for 0.60% of the total share capital, with an average repurchase price of RMB 23.45 per share, totaling RMB 11,958,721.82[18] - There were no changes in the top 10 shareholders participating in margin financing and securities lending[18] Operational Metrics - The weighted average return on equity was -0.61%, a decline of 0.98% compared to 0.37% in the same period last year[5] - The company experienced a 50.57% decrease in cash and cash equivalents, dropping to ¥271,067,726.31 from ¥548,426,334.76[10] - Accounts receivable increased to RMB 78,527,774.41 from RMB 70,876,534.64, reflecting a growth of about 10.3%[20] - Prepayments rose to RMB 49,953,078.36 from RMB 32,252,209.34, indicating an increase of approximately 55.1%[20] - Inventory decreased slightly to RMB 151,392,330.19 from RMB 154,243,429.99, showing a decline of about 1.8%[20] Investment and Development - Investment activities resulted in a net cash outflow of -¥241,777,428.38, an increase of 45.91% compared to -¥165,704,673.34 in the previous year[13] - Research and development expenses increased to CNY 571,747.00 from CNY 480,033.57, reflecting a growth of 19.1%[23] - The company has not disclosed any new product or technology developments during this reporting period[18] - The company has not reported any mergers or acquisitions in the current quarter[18] Future Outlook - Future outlook and performance guidance were not provided in the report[18]
荣信文化(301231) - 2024 Q1 - 季度财报