中科软(603927) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 1,287,449,540.62, representing a year-on-year increase of 0.91%[5] - The net profit attributable to shareholders was CNY 25,878,436.87, reflecting a year-on-year growth of 12.35%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 24,226,334.23, which increased by 48.82% compared to the same period last year[5] - The basic earnings per share for the period was CNY 0.0436, up by 10.94% year-on-year[5] - The net profit attributable to the parent company for Q1 2024 was CNY 25,878,436.87, an increase from CNY 23,033,082.87 in Q1 2023, representing a growth of approximately 12.2%[26] - The total comprehensive income for Q1 2024 was CNY 25,506,119.52, compared to CNY 22,427,959.47 in Q1 2023, indicating an increase of about 13.4%[26] - Net profit for Q1 2024 was ¥29,573,828.33, up from ¥23,979,190.16 in Q1 2023, marking a growth of around 23.3%[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,968,791,498.86, a decrease of 2.87% from the end of the previous year[5] - The total liabilities as of the end of Q1 2024 were CNY 3,678,711,207.62, down from CNY 3,910,406,059.45 at the end of Q1 2023, showing a reduction of about 5.9%[33] - The equity attributable to shareholders at the end of the reporting period was CNY 3,290,080,291.24, an increase of 0.78% compared to the end of the previous year[5] - The total equity attributable to the parent company as of the end of Q1 2024 was CNY 3,290,080,291.24, an increase from CNY 3,264,574,171.72 at the end of Q1 2023, reflecting a growth of about 0.8%[33] Cash Flow - The net cash flow from operating activities was negative at CNY -631,693,140.74[5] - Cash received from sales of goods and services in Q1 2024 amounted to CNY 942,044,278.12, up from CNY 785,424,589.18 in Q1 2023, reflecting a growth of approximately 19.9%[29] - The net cash flow from financing activities in Q1 2024 was -CNY 4,528,073.26, a significant decrease compared to CNY 165,905,527.05 in Q1 2023[29] - The cash flow from operating activities showed a net increase in cash and cash equivalents of -CNY 639,649,239.16 for Q1 2024, compared to -CNY 768,106,224.63 in Q1 2023, indicating a smaller cash outflow[29] - Operating cash inflow totaled $958,115,290.09, an increase from $812,262,032.63 in the previous period[37] - Operating cash outflow amounted to $1,589,808,430.83, down from $1,741,003,655.91 year-over-year[37] - Net cash flow from operating activities was -$631,693,140.74, improving from -$928,741,623.28 in the prior period[37] Costs and Expenses - Total operating costs decreased to ¥1,244,051,278.42 in Q1 2024 from ¥1,247,567,057.28 in Q1 2023, reflecting a reduction of about 0.28%[24] - Research and development expenses for Q1 2024 totaled ¥257,595,361.81, down from ¥284,764,894.01 in Q1 2023, a decrease of about 9.6%[24] - Tax expenses for Q1 2024 were ¥3,695,391.46, significantly higher than ¥946,107.29 in Q1 2023, reflecting an increase of approximately 290.5%[24] - The company reported a credit impairment loss of ¥9,224,989.01 in Q1 2024, compared to ¥3,905,419.87 in Q1 2023, indicating an increase of about 136.5%[24] Shareholder Information - The company’s major shareholders include Beijing Kesoft Chuangyuan Software Technology Co., Ltd., holding 23.45% of shares, and Beijing Haidian State-owned Capital Operation Co., Ltd., holding 8.11%[19] - There were no changes in the participation of major shareholders in margin financing and securities lending activities compared to the previous period[19] Other Information - The company reported a significant increase in customer stickiness and improved management levels, contributing to enhanced profitability[8] - The company received government subsidies amounting to CNY 1,218,630.34 during the reporting period[8] - The company has not disclosed any new product developments or market expansion strategies during the earnings call[20] - The other comprehensive income after tax for Q1 2024 was -CNY 372,317.35, an improvement from -CNY 605,123.40 in Q1 2023[26] - Cash and cash equivalents decreased to CNY 2,393,192,998.36 from CNY 3,032,895,667.82 at the end of the previous year[14] - The cash and cash equivalents at the end of Q1 2024 were CNY 2,393,085,009.39, compared to CNY 2,284,665,584.16 at the end of Q1 2023, representing an increase of approximately 4.8%[29] - The basic and diluted earnings per share for Q1 2024 remained at CNY 0.04, consistent with Q1 2023[26] - Cash outflow for purchasing fixed assets and intangible assets was $3,087,381.59, compared to $3,589,935.53 previously[37] - Net cash flow from investing activities was -$3,087,381.59, an improvement from -$3,589,935.53 year-over-year[37] - Cash inflow from financing activities included $172,232,579.00 received from other financing activities[37] - Total cash flow from financing activities was not detailed but included cash received from borrowings[37] - The company reported a decrease in cash paid to employees, totaling $924,799,780.88, down from $980,510,654.13[37] - Tax payments decreased to $69,948,791.21 from $84,505,822.66 in the previous period[37] - Other cash payments related to operating activities increased to $49,380,872.54 from $33,459,932.29[37]