Primeton(SH:688118)2024-04-25 13:01Financial Performance - The company's operating revenue for Q1 2024 was ¥60,636,714.71, representing a decrease of 9.23% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥39,284,601.05, indicating a significant loss[5]. - The diluted earnings per share for the period was -¥0.428, indicating a loss per share[6]. - The net loss for Q1 2024 was CNY 39,284,601.05, compared to a net loss of CNY 21,898,829.40 in Q1 2023, representing an increase in loss of 79.5%[24]. - The company reported a total comprehensive loss of CNY 22,597,906.31 for Q1 2024, compared to a loss of CNY 7,520,718.64 in Q1 2023[33]. Cash Flow - The net cash flow from operating activities was -¥52,873,340.68, reflecting a negative cash flow situation[5]. - The company experienced a net cash inflow from operating activities of ¥25,647,340.68, primarily due to increased sales receipts[10]. - The net cash flow from operating activities for Q1 2024 was -52,873,340.68 RMB, an improvement from -78,520,374.43 RMB in Q1 2023, indicating a 32.7% reduction in cash outflow[26]. - Total cash inflow from operating activities increased to 87,777,943.54 RMB in Q1 2024, up from 65,442,777.32 RMB in Q1 2023, representing a 33.9% growth[26]. - The cash flow from operating activities showed a net outflow of CNY 52,730,283.98, an improvement from a net outflow of CNY 77,226,663.57 in Q1 2023[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥944,679,150.73, down 4.40% from the end of the previous year[6]. - The total assets decreased to CNY 944,679,150.73 from CNY 988,155,339.48, a decline of 4.4%[18]. - The total current assets amounted to approximately 768.03 million RMB, a decrease from 817.61 million RMB at the end of 2023[16]. - The total liabilities decreased to CNY 124,291,748.85 from CNY 130,258,299.44, a reduction of 4.5%[18]. - The total liabilities increased slightly to 203,089,451.24 RMB as of March 31, 2024, compared to 200,679,517.40 RMB at the end of 2023, an increase of 1.9%[31]. Research and Development - Research and development expenses totaled ¥25,242,715.51, accounting for 41.63% of operating revenue, an increase of 8.57 percentage points year-on-year[6]. - Research and development expenses rose to CNY 25,242,715.51, an increase of 14.7% from CNY 22,081,959.89 in the same period last year[23]. - The company is focusing on optimizing application development and maintaining investment in core product R&D, which has led to increased expenses[10]. - Research and development expenses increased to CNY 17,986,808.06 in Q1 2024, compared to CNY 15,638,931.79 in Q1 2023, reflecting a focus on innovation[32]. Shareholder Information - The company had a total of 6,874 common shareholders at the end of the reporting period[12]. - The company’s repurchase account held 3,582,387 shares, accounting for 3.76% of the total share capital[13]. - The largest shareholder, Liu Yadong, holds 21.95% of the shares, totaling 20,942,809 shares[12]. Market and Strategic Focus - The company is focusing on enhancing its market presence and exploring new product development strategies to improve future performance[25]. - The company secured new contracts worth 34.67 million RMB in data middle platform projects, representing an 88.05% year-over-year growth[15].