Financial Performance - The company's revenue for Q1 2024 was ¥1,566,097,845.13, representing a 27.70% increase compared to ¥1,226,361,659.27 in the same period last year[5] - Net profit attributable to shareholders was ¥4,711,521.93, up 9.48% from ¥4,303,526.43 year-on-year[5] - Total operating revenue for Q1 2024 reached ¥1,566,097,845.13, a 28% increase from ¥1,226,361,659.27 in Q1 2023[18] - Net profit for Q1 2024 was ¥4,711,521.93, compared to ¥4,303,526.43 in Q1 2023, marking a 9.5% increase[19] - Basic and diluted earnings per share for Q1 2024 were both ¥0.0338, up from ¥0.0309 in the same period last year[20] Cash Flow - The net cash flow from operating activities was -¥351,047,822.69, a decline of 431.55% compared to -¥66,042,887.78 in the same period last year[5] - Cash inflow from operating activities was ¥1,535,220,947.36, compared to ¥1,217,904,513.87 in Q1 2023, indicating a 26% increase[21] - Cash outflow from operating activities totaled 1,886,268,770.05 CNY, up from 1,283,947,401.65 CNY year-over-year[22] - The ending balance of cash and cash equivalents decreased to 337,610,850.02 CNY from 713,467,152.39 CNY in the previous year[22] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,785,147,877.18, an increase of 4.73% from ¥2,659,306,717.51 at the end of the previous year[5] - The total liabilities as of Q1 2024 amounted to ¥1,235,179,616.24, an increase from ¥1,118,473,192.68 in the previous year[19] - Total current assets amount to 2,700,844,770.16 RMB, an increase from 2,572,660,463.79 RMB at the beginning of the period[16] Investments and Income - The company reported a significant increase in investment income of 225.09%, amounting to ¥2,313,869.98, due to investments in bank wealth management products[10] - The company reported a significant increase in cash received from investment activities, totaling 562,313,869.98 CNY compared to 100,711,752.49 CNY last year[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 28,459[12] - The largest shareholder, Hot Investment Co., Ltd., holds 33.25% of shares, totaling 46,980,000 shares[12] Expenses - Operating costs for Q1 2024 were ¥1,495,620,304.80, up from ¥1,159,559,944.45 in the same period last year, reflecting a 29% increase[19] - Management expenses increased by 30.40% to ¥19,153,762.71, primarily due to the accrual of share-based payment expenses[10] - Research and development expenses for Q1 2024 were ¥7,616,442.20, down from ¥8,990,598.03 in the previous year[19] Other Financial Metrics - The net profit after deducting non-recurring gains and losses decreased by 26.90% to ¥2,518,968.48 from ¥3,445,879.94 in the previous year[5] - Other comprehensive income after tax for Q1 2024 was ¥414,306.39, a significant recovery from a loss of ¥8,210,407.45 in Q1 2023[20] - The company reported a tax expense of ¥1,360,978.04 for Q1 2024, compared to ¥1,131,179.89 in Q1 2023[19] Accounting and Audit - The company did not undergo an audit for the first quarter report[23] - The company adopted new accounting standards starting in 2024, impacting the financial statements[23]
好上好(001298) - 2024 Q1 - 季度财报