Financial Performance - The company's revenue for Q1 2024 was ¥110,193,699.03, a decrease of 28.43% compared to ¥153,960,174.37 in the same period last year[5] - Net profit attributable to shareholders was ¥6,344,860.20, down 59.63% from ¥15,717,976.82 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥4,508,220.41, reflecting a decline of 66.21% compared to ¥13,341,852.61 in the previous year[5] - Basic and diluted earnings per share decreased by 73.91% to ¥0.06 from ¥0.23 year-on-year[5] - Total operating revenue for Q1 2024 was ¥110,193,699.03, a decrease of 28.5% compared to ¥153,960,174.37 in Q1 2023[20] - Net profit for Q1 2024 was ¥6,344,860.20, a decline of 59.6% from ¥15,717,976.82 in Q1 2023[22] - Basic and diluted earnings per share for Q1 2024 were both ¥0.06, compared to ¥0.23 in Q1 2023[23] Cash Flow and Liquidity - The net cash flow from operating activities increased by 40.58% to ¥27,285,526.62, up from ¥19,409,187.74 in the same period last year[5] - The company's cash flow from operating activities showed a significant change, with a focus on improving liquidity management[22] - The net cash flow from operating activities for the current period is $27,285,526.62, an increase of 40.5% compared to $19,409,187.74 in the previous period[24] - Cash inflow from investment activities totaled $234,890,622.92, significantly higher than $265,369.61 in the previous period, resulting in a net cash flow from investment activities of $101,990,104.22, compared to a negative $62,249,765.43 last year[25] - The cash and cash equivalents at the end of the period increased to $244,081,137.00, up from $169,322,356.33 in the previous period, reflecting a net increase of $128,926,516.92[25] - Cash received from the recovery of investments was $233,000,000.00, a substantial increase from $14,200.00 in the previous period[25] - The cash outflow from operating activities totaled $80,499,624.59, a decrease of 10.5% compared to $90,038,198.93 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,027,158,797.25, a decrease of 1.81% from ¥1,046,092,823.41 at the end of the previous year[5] - Total liabilities for Q1 2024 were ¥117,146,638.00, a decrease from ¥141,851,962.28 in Q1 2023[19] - The total current assets increased to CNY 739,987,180.05 from CNY 721,828,165.51, reflecting a growth of approximately 2.4%[17] - The company’s long-term equity investments remained stable at CNY 7,090,135.54, slightly down from CNY 7,258,880.12[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,464[11] - The total number of shareholders holding more than 5% of shares includes several key stakeholders, with the largest being Changzhou Xianghua Management Consulting Co., Ltd. holding 3,768,814.00 shares[12] - The company reported a total of 59,720,136.00 restricted shares, with no changes during the period[15] - The company has a total of 55,951,322.00 restricted shares held by Changzhou Xiangxing Information Technology Co., Ltd., which are subject to release on March 25, 2025[14] Investment and Development - The company reported a significant increase in investment income, which rose by 662.07% to ¥1,792,304.10 from ¥235,190.00 in the previous year[9] - The company experienced a 94.08% decrease in fair value changes in investment income, dropping to ¥96,042.57 from ¥1,622,958.87 year-on-year[9] - Research and development expenses for Q1 2024 were ¥5,263,901.05, a slight decrease from ¥5,932,066.13 in the previous year[20] - The company is focused on expanding its market presence and enhancing product development strategies to drive future revenue growth[16] - The company is exploring new market expansion strategies and product development initiatives to enhance future growth prospects[22] Equity and Financial Structure - Shareholders' equity attributable to the parent company increased by 0.64% to ¥910,012,159.25 from ¥904,240,861.13 at the end of the previous year[5] - The total equity attributable to shareholders increased to ¥910,012,159.25 in Q1 2024 from ¥904,240,861.13 in Q1 2023[19] - The company’s total liabilities and equity structure remains robust, supporting future growth initiatives[16]
祥明智能(301226) - 2024 Q1 - 季度财报