Financial Performance - Net profit attributable to shareholders was CNY -13,374,142.46, a decrease of 27.22% year-on-year[12] - Operating revenue for the quarter was CNY 13,534,511.51, down 28.74% from CNY 18,993,911.61 in the same period last year[12] - The net loss for the period was CNY -14,674,972.31, a decrease of 37.97% compared to the previous year[14] - Total operating revenue for Q1 2024 was CNY 13,534,511.51, a decrease from CNY 18,993,911.61 in Q1 2023, representing a decline of approximately 28.9%[51] - The company reported a comprehensive loss of CNY 14,623,009.94 in Q1 2024, compared to a comprehensive loss of CNY 10,636,249.02 in Q1 2023, reflecting an increase in comprehensive losses of approximately 37.5%[52] - The net profit for Q1 2024 was -7,211,988.23, compared to -5,171,435.15 in Q1 2023, indicating a worsening of 39.4%[55] Assets and Liabilities - Total assets decreased by 5.96% to CNY 510,345,551.09 compared to the end of last year[12] - The asset-liability ratio for the consolidated entity improved to 18.92%, down from 21.04% at the end of the previous year[12] - Total liabilities decreased from ¥114,200,854.24 to ¥96,545,809.56, a reduction of approximately 15.4%[47] - Current liabilities decreased from ¥114,101,651.59 to ¥96,448,418.76, a decline of about 15.5%[46] - The company's total equity decreased from CNY 402,776,191.42 to CNY 395,564,203.19, a decline of about 1.0%[50] Cash Flow - The company's cash flow from operating activities showed a significant improvement, with a net cash outflow of CNY -12,313,364.00, a 47.99% reduction compared to the previous year[12] - Operating cash flow net amount decreased by 12,313,364.00 yuan, a decrease of 47.99% year-on-year, primarily due to a reduction in cash received from sales and services[15] - The net cash flow from operating activities for Q1 2024 was -12,313,364.00, an improvement from -23,674,688.95 in Q1 2023[57] - The total cash inflow from investment activities in Q1 2024 was 78,452,476.03, compared to 97,579,433.69 in Q1 2023, reflecting a decrease of 19.6%[59] Expenses and Financial Ratios - Financial expenses increased by 363.03% to CNY 129,037.32, primarily due to interest expenses from new short-term bank loans[14] - Research and development expenses for Q1 2024 were CNY 3,560,212.47, up from CNY 3,161,614.03 in Q1 2023, indicating an increase of approximately 12.6%[51] - The company reported credit impairment losses of CNY 5,523,184.43 in Q1 2024, compared to CNY 2,484,025.01 in Q1 2023, representing an increase of about 122.4%[52] Shareholder Information - The total number of ordinary shares at the end of the period was 153,387,002, with 11,406 shareholders[20] - Major shareholders include Huang Huahua with 16.49% and Ma Wei with 7.24%, with no significant changes in their holdings[23] - The proportion of unrestricted shares increased from 69.13% to 71.18%, while restricted shares decreased from 30.87% to 28.82%[19] Legal and Compliance - The company has ongoing litigation with a total amount of 76,818,410.98 CNY, which represents 18.56% of the net assets as of the reporting period[30] - The company has disclosed a lawsuit involving a claim of 64,207,759.00 CNY, accounting for 15.52% of the net assets[30] - The company has timely disclosed significant litigation updates on multiple occasions, including announcements on January 30, 2023, August 11, 2023, September 26, 2023, and January 11, 2024[30] Investments and Commitments - The company plans to invest 2,000,000.00 CNY to establish a wholly-owned subsidiary, Zhongshe New Quality Technology (Chongqing) Co., Ltd., which has completed its registration on April 7, 2024[37] - The company has no new commitments during the reporting period, and all previously disclosed commitments are being fulfilled[40] Employee and Stock Information - The company has established an employee incentive plan that has been approved and disclosed[27] - The company has canceled the employee stock ownership plan qualifications for 5 departing employees, recovering a total of 444,045 shares[38] - 50% of the shares in the first phase of the employee stock ownership plan will not be unlocked due to unmet performance targets, with rights deferred to the next assessment period[39]
中设咨询(833873) - 2024 Q1 - 季度财报