Jia Yuan Technology(SH:688388)2024-04-26 08:43Financial Performance - Total operating revenue for Q1 2024 was ¥929,971,824.42, a decrease of 5.5% from ¥983,837,667.02 in Q1 2023[25]. - Operating profit for Q1 2024 was a loss of ¥55,976,460.37, compared to a profit of ¥44,416,201.62 in Q1 2023[25]. - Net profit for Q1 2024 was ¥-48,181,193.48, compared to a net profit of ¥36,725,685.92 in Q1 2023, representing a significant loss[56]. - The net profit attributable to shareholders of the listed company was a loss of CNY 47,795,282.00, a decline of 229.76% year-on-year[76]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 51,382,069.47, reflecting a decrease of 244.90% compared to the previous year[76]. Cash Flow - In Q1 2024, the net cash flow from operating activities decreased by 261.16 million RMB, primarily due to a reduction in cash received from sales of goods and services[8]. - The net cash flow from operating activities in Q1 2024 was CNY -88,097,684.40, a decline from CNY 54,663,341.10 in Q1 2023[29]. - The total cash and cash equivalents at the end of Q1 2024 increased to CNY 2,382,588,964.73 from CNY 2,242,381,643.10 at the end of Q1 2023[30]. - Cash inflow from financing activities was $1.39 billion, significantly higher than $250 million in the previous period[37]. - Cash outflow from investing activities totaled $1.29 billion, compared to $1.19 billion in the previous period[37]. Assets and Liabilities - Total liabilities decreased to ¥4,953,305,645.88 in Q1 2024 from ¥5,497,267,516.74 in Q1 2023[23]. - Total assets decreased to ¥12,171,295,267.78 in Q1 2024 from ¥12,801,157,212.95 in Q1 2023[23]. - Total current assets decreased to ¥5,011,511,718.71 from ¥5,636,043,480.66, a decline of approximately 11.1%[50]. - The total liabilities decreased to CNY 3,779,298,673.49 from CNY 4,355,825,630.24, a decline of about 13.19%[68]. - The total equity decreased to CNY 7,202,471,614.42 from CNY 7,271,084,424.43, a decrease of approximately 0.94%[68]. Expenses - Total operating costs increased to ¥986,784,531.61 in Q1 2024, up 4.8% from ¥941,564,623.85 in Q1 2023[25]. - Research and development expenses decreased to ¥8,607,429.52 in Q1 2024 from ¥10,195,654.61 in Q1 2023, a reduction of 15.6%[25]. - Financial expenses decreased significantly to ¥6,246,192.63 in Q1 2024 from ¥19,918,563.58 in Q1 2023, a decrease of 68.7%[25]. - The company’s research and development expenses in Q1 2024 were CNY 7,143,829.27, down from CNY 10,195,654.61 in Q1 2023[35]. - The company’s financial expenses decreased to CNY 6,495,129.22 in Q1 2024 from CNY 20,831,863.70 in Q1 2023[35]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,612, with the largest shareholder holding 21.19% of the shares[16]. - The company has not reported any significant changes in the relationships or agreements among major shareholders during the reporting period[18]. - The document indicates that there are no applicable details regarding the participation of shareholders holding more than 5% and the top 10 shareholders in the securities lending business[84].