Seeyon(688369)2024-04-25 13:38Financial Performance - The company's operating revenue for Q1 2024 was ¥182,589,827.01, representing an increase of 11.78% compared to the same period last year[2]. - The net profit attributable to shareholders was a loss of ¥30,980,741.19, with a basic and diluted earnings per share of -¥0.27[2]. - Total operating revenue for Q1 2024 was RMB 182,589,827.01, an increase of 11.7% compared to RMB 163,348,478.03 in Q1 2023[16]. - Net profit for Q1 2024 was a loss of RMB 32,270,301.24, an improvement from a loss of RMB 42,357,949.35 in Q1 2023, representing a 23.5% reduction in losses[17]. - Total comprehensive loss for Q1 2024 was RMB 32,270,299.32, compared to a loss of RMB 42,357,926.47 in Q1 2023, showing a significant reduction in overall losses[18]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥124,320,890.48, which is a 22.35% decrease in cash outflow compared to the previous year[7]. - Cash flow from operating activities for Q1 2024 was a net outflow of RMB 124,320,890.48, an improvement from a net outflow of RMB 160,107,018.31 in Q1 2023[20]. - Cash and cash equivalents at the end of Q1 2024 were RMB 867,209,063.34, down from RMB 1,082,745,491.75 at the end of Q1 2023[21]. - The company's cash and cash equivalents decreased to RMB 870,379,231.10 from RMB 1,031,448,887.37, reflecting a decline of 15.59%[12]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,787,009,659.49, a decrease of 5.49% from the end of the previous year[3]. - As of March 31, 2024, the total current assets amounted to RMB 1,421,495,667.88, a decrease of 6.43% from RMB 1,519,241,753.50 on December 31, 2023[12]. - Total liabilities decreased to RMB 405,907,335.75 from RMB 476,528,755.89, representing a reduction of 14.83%[14]. - The total assets as of March 31, 2024, were RMB 1,787,009,659.49, down from RMB 1,890,826,086.96, a decrease of 5.47%[13]. - The company's equity attributable to shareholders decreased to RMB 1,360,995,072.57 from RMB 1,390,856,115.33, a decline of 2.15%[14]. Research and Development - The company's R&D investment totaled ¥57,325,810.93, accounting for 31.40% of operating revenue, a decrease of 3.60 percentage points[3]. - Research and development expenses for Q1 2024 were RMB 57,325,810.93, slightly up from RMB 57,178,742.67 in Q1 2023, indicating continued investment in innovation[16]. Shareholder Information - The company had a total of 6,299 common shareholders at the end of the reporting period[9]. - The top shareholder, Xu Shi, holds 21.07% of the shares, totaling 24,264,650 shares[9]. - The company reported a total of 3,464,910 shares held in the repurchase account, accounting for 3.01% of the total share capital[10]. Sales and Revenue - The company reported non-recurring gains of ¥1,103,500.59 for the period, after accounting for tax and minority interests[6]. - The company reported a decrease in sales revenue from services, with cash received from sales at RMB 177,075,329.82, down from RMB 192,100,619.98 in Q1 2023[19]. - Total operating costs for Q1 2024 were RMB 227,454,969.75, slightly up from RMB 223,261,996.03 in Q1 2023, reflecting a 1% increase[16]. Inventory and Receivables - Accounts receivable increased to RMB 404,956,140.12, up from RMB 389,294,270.79, indicating a growth of 4.29%[12]. - The inventory increased to RMB 33,369,309.53 from RMB 25,595,296.34, showing a growth of 30.54%[12]. Other Financial Metrics - The weighted average return on net assets was -2.25%, an increase of 0.59 percentage points compared to the previous year[2]. - The company's short-term borrowings and other financial liabilities were not reported, indicating a focus on maintaining liquidity[14]. - The non-current assets totaled RMB 365,513,991.61, a slight decrease from RMB 371,584,333.46, reflecting a decline of 1.91%[13].