世纪天鸿(300654) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥99,026,614.02, representing a 16.79% increase compared to ¥84,788,699.16 in the same period last year[5] - Net profit attributable to shareholders decreased by 9.86% to ¥7,058,633.78 from ¥7,830,361.54 year-on-year[5] - The basic earnings per share fell by 13.64% to ¥0.019 from ¥0.037 in the same period last year[5] - The net profit for Q1 2024 was CNY 7,105,669.35, a decrease of 18.6% compared to CNY 8,733,444.20 in Q1 2023[20] - The total comprehensive income attributable to the parent company was CNY 7,058,633.78, down from CNY 7,830,361.54 in the same quarter last year[20] Cash Flow and Operating Activities - The net cash flow from operating activities was negative at -¥22,195,232.34, a decline of 1,364.94% compared to ¥1,754,644.62 in the previous year[5] - The cash flow from operating activities showed a net outflow of CNY 22,195,232.34, compared to a net inflow of CNY 1,754,644.62 in the same period last year[22] - Cash and cash equivalents decreased to ¥363,334,927.65 from ¥396,497,250.00, a decline of 8.3%[16] - Cash and cash equivalents at the end of the period were CNY 363,334,927.65, down from CNY 394,073,722.12 at the end of Q1 2023[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,078,399,359.82, down 4.01% from ¥1,123,506,725.45 at the end of the previous year[5] - Total liabilities decreased to ¥234,142,964.36 from ¥287,365,330.69, a reduction of 18.5%[18] - The company's equity attributable to shareholders increased to ¥829,604,913.89 from ¥821,142,655.79, a slight increase of 1.8%[18] Expenses - Total operating costs for Q1 2024 were ¥91,850,441.14, up 22.8% from ¥74,799,586.07 in the same period last year[19] - The company incurred a total operating expense of CNY 173,885,820.55, which is an increase from CNY 119,840,851.42 in the previous year[22] - The company reported a significant increase in sales expenses, which rose by 47.16% to ¥16,648,235.31 from ¥11,313,363.06 in the previous year[9] - Research and development expenses for Q1 2024 were ¥1,201,936.73, up from ¥1,108,919.85, indicating a focus on innovation[19] Inventory and Receivables - The inventory increased by 60.05% to ¥47,381,026.84 due to higher paper procurement during the reporting period[9] - Accounts receivable decreased to ¥250,474,976.47 from ¥290,418,071.71, a reduction of 13.8%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 39,754[11] - Xinjiang Zhihong Education holds 47.00% of the shares, totaling 171,031,555 shares, with 26,497,555 shares pledged[11] - The company has 41,516,606 restricted shares at the end of the period, with 316,997 shares released during the reporting period[13] - The company’s major shareholders include Ren Lun with 3.59% and Li Yuxin with 1.01% of the shares[11] - The company has a total of 154,541,555 shares held through ordinary securities accounts and 16,490,000 shares through credit securities accounts[11] Government Support and Investment - The company received government subsidies amounting to ¥70,914.43 during the reporting period[6] - Investment income increased by 112.36% to ¥626,148.79 compared to ¥294,848.24 in the same period last year[9] - Investment activities resulted in a net cash outflow of CNY 10,633,004.01, compared to a net inflow of CNY 42,076,548.42 in Q1 2023[22] Other Information - The company did not report any new product launches or significant market expansion strategies during the quarter[24] - The company has not disclosed any changes in the number of shares lent or returned due to margin trading among the top shareholders[11] - The company has not reported any changes in the number of preferred shareholders or their holdings[12] - The company’s restricted shares are subject to a lock-up period of 36 months from the end of the initial issuance[13] - The report indicates that the actual controller of Xinjiang Zhihong Education Investment Co., Ltd. is Ren Zhihong, who has a familial relationship with Ren Lun[11]