DZH(SH:601519)2024-04-25 09:15Financial Performance - The company's operating revenue for Q1 2024 was ¥159,647,060.21, representing a decrease of 5.07% compared to the same period last year[4] - Total revenue for Q1 2024 was ¥159,647,060.21, a decrease of 5.5% compared to ¥168,169,175.21 in Q1 2023[34] - Net profit for Q1 2024 was a loss of ¥69,618,820.08, compared to a profit of ¥303,892,155.59 in Q1 2023[34] - Total comprehensive income for Q1 2024 was -¥73,175,426.34, compared to ¥294,998,376.35 in Q1 2023[35] - The net profit attributable to shareholders was -¥68,670,354.24, a decline of 122.52% year-over-year[4] - The basic earnings per share were -¥0.034, reflecting a decrease of 122.37% compared to the previous year[4] - Basic earnings per share for Q1 2024 was -0.034 yuan, down from 0.152 yuan in Q1 2023[35] - Basic earnings per share (EPS) were -122.37 CNY, while diluted EPS were -122.52 CNY, reflecting the full recognition of payments owed by Zhang Changhong as non-operating income in the previous period[19] Cash Flow and Liquidity - The net cash flow from operating activities was -¥129,481,458.12, indicating a significant cash outflow[4] - Cash flow from operating activities decreased to ¥175,057,964.50 in Q1 2024, compared to ¥294,777,220.31 in Q1 2023[42] - Operating cash inflow totaled CNY 201,628,345.30, while cash outflow was CNY 331,109,803.42, resulting in a net cash flow from operating activities of CNY -129,481,458.12[45] - The ending cash and cash equivalents balance for Q1 2024 was ¥1,478,131,760.62, down from ¥1,511,577,461.31 in Q1 2023[38] - The company’s cash and cash equivalents were reported at 1,489,176,727.68 CNY, down from 1,634,708,653.55 CNY in the previous period[26] - The total cash outflow from operating activities decreased from CNY 432,714,990.27 to CNY 331,109,803.42, reflecting improved cash management[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,232,050,613.86, down 2.99% from the end of the previous year[14] - Total non-current assets decreased to 517,347,213.81 CNY from 529,353,754.35 CNY, contributing to a total asset decline from 2,300,883,452.39 CNY to 2,232,050,613.86 CNY[29] - Total liabilities increased slightly to 618,466,065.94 CNY from 614,435,034.68 CNY, with current liabilities totaling 561,011,665.92 CNY[31] - The company's total equity decreased from 1,686,448,417.71 CNY to 1,613,584,547.92 CNY, with retained earnings showing a negative balance of -1,714,443,797.75 CNY[31] - Shareholders' equity attributable to the parent company decreased by 4.25% to ¥1,622,543,184.70[14] Operational Costs and Expenses - Total operating costs increased to ¥220,779,958.14 in Q1 2024, up 10.9% from ¥198,993,324.55 in Q1 2023[34] - The company reported a significant increase in personnel costs, contributing to the decline in net profit[7] - Research and development expenses rose to ¥56,552,137.50 in Q1 2024, an increase of 21.9% from ¥46,392,677.45 in Q1 2023[34] - Cash paid to employees increased to CNY 203,432,867.56 from CNY 171,954,541.94, indicating a rise in labor costs[45] Investment and Financing Activities - The company reported a net cash flow from financing activities primarily for lease payments, showing an increase compared to the previous period[19] - The net cash flow from financing activities was -¥9,793,198.23 in Q1 2024, compared to -¥8,606,795.13 in Q1 2023[38] - The company reported an investment loss of ¥9,176,614.88 in Q1 2024, contrasting with a gain of ¥170,000.00 in Q1 2023[34] - Cash received from financing activities included CNY 1,044,340.07 related to other financing activities[45] Business Development and Market Strategy - The company experienced a growth in big data business, although other business revenues declined[7] - The company has not disclosed any new product developments or market expansion strategies in this report[6]