中科金财(002657) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥123,489,176.52, a decrease of 53.40% compared to ¥265,017,608.66 in the same period last year[5] - The net loss attributable to shareholders was ¥27,465,352.68, representing a decline of 96.15% from a loss of ¥14,001,881.36 in the previous year[5] - Basic and diluted earnings per share were both -¥0.08, reflecting a 100.00% decrease from -¥0.04 in the previous year[5] - The company's total revenue decreased by 53.40% primarily due to a reduction in contract completion compared to the previous year[9] - Operating profit decreased by 108.04% to -¥27,048,329.02, primarily due to a reduction in contract completion compared to the previous period[10] - Net profit decreased by 96.15% to -¥27,465,330.42, mainly due to a decrease in contract completion compared to the previous period[10] - Total comprehensive income attributable to owners of the parent decreased by 96.15% to -¥27,465,352.68, mainly due to a decrease in contract completion compared to the previous period[10] Cash Flow - The net cash flow from operating activities was -¥135,674,965.23, which is an increase in loss of 83.12% compared to -¥74,090,164.20 in the same period last year[5] - Cash flow from operating activities decreased by 41.56% to ¥157,029,035.74, primarily due to a reduction in cash received from sales of goods and services[11] - Cash flow from investing activities increased by 62.29% to ¥641,001,697.12, mainly due to an increase in the redemption of financial products compared to the previous period[11] - The net cash flow from investment activities was CNY 204,402,861.79, a significant increase from CNY 74,090,484.14 in Q1 2023, representing a growth of approximately 175.1%[23] - The net cash flow from financing activities was CNY 3,543,571.50, a turnaround from a negative cash flow of CNY 833,401.50 in Q1 2023[23] - The cash and cash equivalents at the end of Q1 2024 reached CNY 488,049,945.03, up from CNY 366,145,847.22 at the end of Q1 2023, reflecting an increase of approximately 33.2%[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,439,638,026.05, down 3.55% from ¥2,529,402,486.12 at the end of the previous year[5] - Total current assets decreased to ¥1,168,833,222.47 from ¥1,341,652,803.98, a decline of 12.9%[16] - Total non-current assets increased to ¥1,270,804,803.58 from ¥1,187,749,682.14, reflecting an increase of 7.0%[17] - Total current liabilities decreased to ¥562,263,425.63 from ¥625,705,502.10, a decline of 10.1%[17] - Total liabilities decreased from ¥639,843,375.56 to ¥574,797,287.32, a reduction of 10.2%[18] - Total equity attributable to shareholders decreased from ¥1,889,537,059.81 to ¥1,864,818,665.72, a decline of 1.3%[18] Operating Costs and Expenses - The total operating costs were ¥160,267,225.08, a decrease of 44.85% from ¥290,589,940.79 in the same period last year[9] - Financial expenses increased by 444.39%, with interest expenses rising by 69.36% compared to the previous year[9] - Research and development expenses increased to ¥37,852,197.88, up 18.4% from ¥31,807,822.53 in the previous year[19] Other Income and Financial Assets - Interest income increased by 271.44% to ¥1,720,303.92, primarily due to higher bank deposit interest income compared to the previous period[10] - Other income rose by 83.94% to ¥1,171,418.24, attributed to an increase in government subsidies related to assets[10] - Investment income from joint ventures and associates decreased by 68.99% to ¥1,267,765.18, mainly due to lower net profits from these entities compared to the previous period[10] - The company reported a significant reduction in trading financial assets, down 66.40% to ¥145,849,102.65 due to redemptions of financial products[9] Corporate Governance - The company did not undergo an audit for the Q1 2024 report, as indicated in the financial statements[24] - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting[24] - The board of directors held a meeting on April 26, 2024, to discuss the financial results and future strategies[25]