HANDLER(SZ:300201)2024-04-25 11:53Revenue and Profit - The company's revenue for Q1 2024 was ¥223,258,520.65, a decrease of 8.95% compared to ¥245,216,480.98 in the same period last year[5]. - Net profit attributable to shareholders increased by 2.69% to ¥22,602,103.09 from ¥22,010,244.72 year-on-year[5]. - The total operating revenue for Q1 2024 was 223,114,089.88 CNY, a decrease of 12.4% compared to 254,682,730.61 CNY in Q1 2023[22]. - The net profit attributable to the parent company was 22,602,103.09 CNY, up 2.7% from 22,010,244.72 CNY in the same period last year[20]. - The operating profit for Q1 2024 was 24,068,863.10 CNY, slightly down from 24,863,423.58 CNY in Q1 2023[22]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at ¥75,327,531.36, a decline of 230.38% compared to the previous year's negative cash flow of ¥22,800,225.84[5]. - The cash flow from operating activities showed a net outflow of -75,327,531.36 CNY, worsening from -22,800,225.84 CNY in the previous year[23]. - The company reported a net cash increase from investing activities of 45,642,421.40 CNY, compared to a net outflow of -1,473,478.50 CNY in Q1 2023[23]. - The cash and cash equivalents decreased by 35.69% to ¥240,717,556.18 from ¥374,315,168.33 at the beginning of the period[7]. - The cash and cash equivalents at the end of Q1 2024 were 205,067,844.75 CNY, a decrease from 325,356,035.69 CNY at the beginning of the quarter[24]. Assets and Liabilities - Total assets decreased by 6.70% to ¥2,036,616,211.92 from ¥2,182,827,328.31 at the end of the previous year[5]. - The total current assets decreased to CNY 1,238,732,272.31 from CNY 1,377,505,068.67, indicating a decline of approximately 10.1%[16]. - The total current liabilities decreased to CNY 681,289,681.09 from CNY 818,192,825.06, representing a reduction of about 16.7%[17]. - The total liabilities decreased to CNY 690,925,132.01 from CNY 857,092,561.69, a reduction of approximately 19.4%[17]. - The total equity attributable to shareholders increased to CNY 1,343,648,324.04 from CNY 1,322,450,248.01, reflecting an increase of about 1.6%[17]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,039, with no preferred shareholders restoring voting rights[11]. - The top ten shareholders collectively hold 11.96% of shares, with the largest shareholder, Haide Asset Management, owning 124,486,032 shares[12]. - The company has a total of 52,677,911 shares held in the repurchase special account, ranking third among the top shareholders[12]. - The company’s major shareholder, MEI TUNG(CHINA) LIMITED, holds 8.30% of the shares, amounting to 86,436,070 shares[12]. - The company is currently involved in ongoing litigation regarding voting rights, which may affect the ownership structure in the future[12]. Expenses and Other Financial Metrics - Research and development expenses decreased by 35.69% to ¥10,632,637.10 from ¥16,532,128.48 year-on-year[8]. - The company incurred a credit impairment loss of 4,315,943.01 CNY, significantly higher than 1,890,418.67 CNY in Q1 2023, marking an increase of 128.3%[22]. - The total operating costs for Q1 2024 were 207,956,962.26 CNY, down from 222,719,246.76 CNY in Q1 2023, reflecting a decrease of 6.6%[22]. Investment and Other Income - Investment income increased by 271.41% to ¥963,423.90 from ¥259,397.74 in the previous year[8]. - The company reported a significant increase in asset disposal income, reaching ¥2,490,689.46 compared to a loss of ¥14,743.59 in the same period last year, marking a 16993.37% increase[8]. - The company received a cash net amount of CNY 39,413,059 from the disposal of a subsidiary, representing a 100% completion of the agreed transfer[9]. Debt and Financing Activities - The company repaid short-term borrowings of CNY 60 million and prepaid long-term borrowings of CNY 33.75 million, resulting in a 393.42% increase in cash outflow for debt repayment[9]. - Cash paid for other financing activities amounted to CNY 55,346,796.51, reflecting a 1006.94% increase compared to the previous period[9]. - The cash flow from financing activities was significantly impacted by the repayment of bank acceptance bills totaling CNY 79.22 million[9]. Foreign Exchange Impact - The company experienced a foreign exchange impact of CNY 925.54 due to fluctuations in the USD exchange rate[9].