佳都科技(600728) - 2024 Q1 - 季度财报

Financial Performance - Net profit attributable to shareholders of the listed company was CNY -182,798,477.16, a decrease of 113.54% year-on-year[9]. - Operating revenue for the period was CNY 1,092,708,242.92, reflecting a slight increase of 0.46% compared to the same period last year[9]. - Basic earnings per share were CNY -0.0859, a decrease of 112.74% year-on-year[9]. - The weighted average return on net assets was -2.38%, a decrease of 20.73 percentage points compared to the previous year[9]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of RMB 33 million, a year-on-year decrease of 527.01%[24]. - The net comprehensive income attributable to the parent company for Q1 2024 was CNY -189,954,806.70, compared to CNY 1,398,568,915.44 in Q1 2023, reflecting a significant decline[39]. - Basic earnings per share for Q1 2024 were CNY -0.0859, down from CNY 0.6743 in Q1 2023[39]. Assets and Liabilities - Total assets at the end of the reporting period decreased by 8.04% to CNY 13,077,789,429.14 compared to the end of the previous year[5]. - The total assets as of March 31, 2024, were CNY 13,077,789,429.14, a decrease from CNY 14,221,487,800.32 as of December 31, 2023[47]. - The total liabilities as of March 31, 2024, were CNY 5,521,316,088.73, down from CNY 6,424,741,356.91 at the end of 2023[48]. - The total equity attributable to shareholders of the parent company decreased from RMB 7.788 billion to RMB 7.548 billion[22]. Cash Flow - The net cash flow from operating activities was CNY 7,816,681.94, with no year-on-year comparison available[9]. - The net cash flow from operating activities turned from a net outflow to a net inflow of RMB 8 million[29]. - In Q1 2024, the net cash flow from operating activities was CNY 7,816,681.94, a significant improvement from a negative CNY 104,476,364.55 in Q1 2023[53]. - Total cash inflow from operating activities was CNY 2,009,917,878.47, compared to CNY 1,925,715,999.36 in the same period last year, reflecting a year-over-year increase of approximately 4.7%[53]. - Cash outflow from operating activities totaled CNY 2,002,101,196.53, slightly down from CNY 2,030,192,363.91 in Q1 2023[53]. - The net cash flow from investing activities was negative CNY 571,412,235.17, an improvement from negative CNY 1,343,762,667.46 in Q1 2023[53]. - The net cash flow from financing activities was negative CNY 90,286,818.25, a decline from a positive CNY 1,837,250,320.16 in Q1 2023[53]. - The total cash and cash equivalents at the end of Q1 2024 were CNY 1,175,836,724.12, down from CNY 1,449,563,150.27 at the end of Q1 2023[53]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 111,129[12]. - As of March 29, 2024, the company repurchased a total of 10,433,300 shares, accounting for 0.4865% of the total share capital, with a total payment of RMB 49,995,300.42[18]. - The highest purchase price during the share repurchase was RMB 5.20 per share, and the lowest was RMB 4.32 per share[18]. Government Subsidies and Investments - The company recognized government subsidies amounting to CNY 7,539,936.57 during the reporting period[5]. - The company reported a fair value loss of CNY -183,589,687.77 due to a decline in the value of artificial intelligence company stocks[5]. - The company reported a non-recurring loss of CNY 1.63 billion (after tax) due to the decline in market value of its strategic investments in AI-listed companies[32]. - The company received CNY 544,050,000.00 from investment recoveries, a decrease from CNY 725,996,713.66 in the previous year[53]. Operational Developments - The company anticipates that revenue will gradually increase in the second half of the year due to the nature of its business operations[17]. - The company is actively expanding its smart transportation projects in cities like Guangzhou and Chengdu, focusing on new infrastructure opportunities[30]. - The company's research and development expenses for Q1 2024 were CNY 59,743,516.73, compared to CNY 57,957,187.63 in Q1 2023, reflecting an increase of about 3.1%[49].