JEE(SH:688162)2024-04-25 14:01Financial Performance - The company's operating revenue for Q1 2024 was ¥847,687,359.91, representing a year-on-year increase of 26.91%[5] - The net profit attributable to shareholders was ¥25,639,066.78, reflecting a growth of 17.09% compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses decreased by 22.78% to ¥13,724,276.38[5] - Total revenue for Q1 2024 was 25,282,418.21, an increase from 21,897,424.08 in Q1 2023, representing a growth of approximately 15.5%[19] - Net profit attributable to shareholders for Q1 2024 was 25,639,066.78, compared to 21,897,424.08 in Q1 2023, reflecting an increase of approximately 17.5%[20] - The company reported a total comprehensive income of 33,423,517.89 for Q1 2024, up from 22,253,525.38 in Q1 2023, marking a growth of around 50.3%[20] - Operating profit for Q1 2024 was 19,161,978.59, slightly down from 20,836,179.70 in Q1 2023, indicating a decrease of about 8%[19] - The company reported a net profit margin improvement, with net profit for Q1 2024 expected to show positive growth compared to the previous year[18] Cash Flow - The net cash flow from operating activities increased significantly by 115.04%, amounting to ¥14,762,662.40, primarily due to improved sales collections[9] - Cash flow from operating activities for Q1 2024 was 14,762,662.40, a significant improvement from -98,136,355.58 in Q1 2023[23] - Cash flow from investing activities showed a net outflow of -187,847,511.90 in Q1 2024, compared to -610,959,744.29 in Q1 2023, indicating a reduction in cash outflow[24] - Cash flow from financing activities generated a net inflow of 82,764,105.13 in Q1 2024, contrasting with an outflow of -3,951,963.14 in Q1 2023[24] - The company’s cash and cash equivalents at the end of Q1 2024 stood at 917,489,787.29, compared to 695,419,301.60 at the end of Q1 2023, showing an increase of approximately 32%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,068,017,233.87, down 1.30% from the end of the previous year[6] - Current assets as of March 31, 2024, totaled RMB 5,916,147,905.23, a slight decrease from RMB 6,009,009,575.63 at the end of 2023[15] - Total liabilities as of March 31, 2024, were RMB 4,702,571,234.77, down from RMB 4,831,705,419.59 at the end of 2023[17] - Total assets decreased to RMB 7,068,017,233.87 from RMB 7,161,170,561.75, reflecting a decline of about 1.3%[16] - Total liabilities increased slightly to ¥3,858,600,348.94 from ¥3,825,557,559.04 at the end of 2023[27] Shareholder Information - The company had a total of 6,538 common shareholders at the end of the reporting period[11] - The top shareholder, Liu Lei, holds 60,030,000 shares, representing 43.72% of the total shares[11] Research and Development - Research and development expenses totaled ¥62,490,820.94, accounting for 7.37% of operating revenue, which is a decrease of 1.39 percentage points year-on-year[6] - Research and development expenses for Q1 2024 were 62,490,820.94, up from 58,500,931.67 in Q1 2023, reflecting a growth of about 6.8%[19] Earnings Per Share - The basic earnings per share for Q1 2024 was 0.19, an increase from 0.16 in Q1 2023, representing a growth of approximately 18.75%[20]