Infosec(SH:688201)2024-04-26 08:43Financial Performance - The company's operating revenue for Q1 2024 was ¥70,611,358.39, representing a year-on-year increase of 36.67%[5] - The net profit attributable to shareholders was -¥29,766,280.60, with a year-on-year increase of 8.61% in losses[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥30,354,340.23, reflecting a 7.43% increase in losses compared to the previous year[5] - The net cash flow from operating activities was -¥39,751,078.47, with a year-on-year increase of 7.17% in losses[5] - Basic earnings per share for Q1 2024 was -¥0.1384, an improvement from -¥0.2363 in Q1 2023[21] - The total comprehensive loss for Q1 2024 was -¥27,633,155.76, compared to -¥32,571,787.33 in Q1 2023, reflecting a 15.5% improvement[21] - Net loss for Q1 2024 was ¥27,633,155.76, compared to a net loss of ¥32,571,787.33 in Q1 2023, showing an improvement of 15.5%[20] - The company’s total comprehensive income for Q1 2024 was CNY -9,024,636.73, compared to CNY -10,591,722.59 in Q1 2023, indicating a reduction in overall losses[29] Research and Development - The total R&D investment amounted to ¥45,951,951.55, which accounted for 65.08% of operating revenue, a decrease of 13.39 percentage points[6] - Research and development expenses increased to ¥45,951,951.55 in Q1 2024, up from ¥40,541,885.39 in Q1 2023, reflecting a 13.5% rise[19] - Research and development expenses decreased to CNY 19,688,867.56 in Q1 2024 from CNY 29,479,478.06 in Q1 2023, a reduction of 33.2%[28] - The company has no significant new product launches or technological developments reported in this quarter[13] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,520,000,319.94, down 4.13% from the end of the previous year[6] - The total liabilities decreased to ¥165,972,574.41 in Q1 2024 from ¥188,097,110.81 in Q1 2023, a reduction of 11.7%[18] - The total equity attributable to shareholders decreased to ¥1,333,155,570.82 in Q1 2024 from ¥1,378,711,115.63 in Q1 2023, a decline of 3.3%[18] - The company’s total assets decreased to 1,519,538,005.32 RMB as of March 31, 2024, from 1,553,187,124.32 RMB at the end of 2023, a reduction of about 2.2%[27] - The company’s total liabilities decreased to 137,373,654.23 RMB from 146,208,872.29 RMB, indicating a reduction of about 6.0%[27] Cash Flow - The cash flow from operating activities for Q1 2024 was not detailed, but the company continues to focus on improving cash flow management strategies[20] - In Q1 2024, the company reported a net cash flow from operating activities of -39,751,078.47 RMB, an improvement from -42,821,093.72 RMB in Q1 2023[23] - Total cash inflow from operating activities was 119,508,473.18 RMB, compared to 92,395,138.81 RMB in the same period last year, reflecting a year-over-year increase of approximately 29.4%[23] - The company experienced a cash outflow from operating activities totaling 159,259,551.65 RMB, up from 135,216,232.53 RMB in Q1 2023, indicating a rise of about 17.8%[23] - Cash flow from investment activities showed a net inflow of 9,213,944.70 RMB, down from 21,886,222.72 RMB in Q1 2023, representing a decline of approximately 58.0%[23] Shareholder Information - The company reported a total of 8,951 ordinary shareholders at the end of the reporting period[11] - The company reported a total of 5,884,242 shares held by Hangzhou Weisi Jieding Equity Investment Partnership, representing a significant stake in the company[13] Taxation - The company paid 18,029,518.52 RMB in taxes during Q1 2024, compared to 13,355,048.35 RMB in Q1 2023, marking an increase of approximately 35.5%[23]