CSPM(SH:601858)2024-04-26 08:55Financial Performance - The company's net profit attributable to shareholders for the first quarter was CNY 27,516,554.69, down from CNY 45,686,199.82 in the same period last year, representing a decrease of 39.87%[18]. - The total comprehensive income attributable to the parent company was CNY 27,516,554.69, a decrease of 39.87% year-on-year[18]. - The net profit attributable to shareholders was ¥31,400,007.39, reflecting a decrease of 26.54% compared to the same period last year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥31,051,291.00, down 26.95% year-over-year[22]. - The basic earnings per share for the first quarter were CNY 0.04, compared to CNY 0.05 in the previous year[18]. - The basic earnings per share were ¥0.0397, a decline of 26.54% from the previous year[22]. - The diluted earnings per share were also ¥0.0397, showing a decrease of 26.54% compared to the same period last year[22]. - The company reported a significant impact on profit indicators due to changes in corporate income tax policies, with a total profit increase of 10.81% year-over-year[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,956,398,648.66, a decrease of 1.90% compared to the end of the previous year[6]. - The total liabilities and equity amounted to CNY 6,956,398,648.66, reflecting a decrease from CNY 7,091,080,362.13 at the end of the previous year[16]. - The company’s minority interests decreased from CNY 70,324,446.92 to CNY 68,401,524.23, a decline of 2.74%[16]. - The total liabilities decreased to CNY 1,715,862,512.53 in Q1 2024 from CNY 1,876,137,858.00 in Q1 2023, a reduction of approximately 8.6%[44]. - Non-current liabilities totaled CNY 191,553,653.02 in Q1 2024, up from CNY 177,777,823.38 in Q1 2023, reflecting an increase of about 7.5%[44]. Cash Flow - The net cash flow from operating activities was negative at ¥288,793,288.64, down 11.57% year-over-year[22]. - In Q1 2024, the net cash flow from operating activities was -288,793,288.64 RMB, compared to -258,851,374.10 RMB in Q1 2023, indicating a decline in operational cash flow[39]. - The total cash inflow from investment activities in Q1 2024 was 884,405,539.25 RMB, down from 980,152,020.22 RMB in Q1 2023, reflecting a decrease of approximately 9.8%[39]. - The net cash flow from investment activities was -540,510,121.09 RMB in Q1 2024, compared to -435,289,240.55 RMB in Q1 2023, showing a worsening trend[39]. - The total cash and cash equivalents at the end of Q1 2024 were 436,926,841.25 RMB, significantly lower than 1,642,545,630.07 RMB at the end of Q1 2023, a decrease of about 73.4%[40]. - The company's cash outflow from operating activities totaled 604,606,981.94 RMB in Q1 2024, compared to 632,123,896.53 RMB in Q1 2023, indicating a reduction in cash outflow[39]. - The cash received from other operating activities increased to 21,122,397.79 RMB in Q1 2024 from 16,454,459.02 RMB in Q1 2023, marking an increase of approximately 28.5%[39]. - The company's cash outflow for employee payments was 134,598,526.03 RMB in Q1 2024, up from 119,627,075.61 RMB in Q1 2023, reflecting an increase of about 12.5%[39]. - The cash inflow from recovering investments was 88,798,103.05 RMB in Q1 2024, compared to 56,969,800.00 RMB in Q1 2023, indicating a significant increase of approximately 55.9%[39]. - The cash outflow for investment activities was 1,424,915,660.34 RMB in Q1 2024, slightly higher than 1,415,441,260.77 RMB in Q1 2023, showing a marginal increase[39]. Revenue and Expenses - The company's operating revenue for Q1 2024 was ¥465,106,033.34, representing a year-over-year increase of 3.26%[22]. - Total operating revenue for Q1 2024 was CNY 465,106,033.34, an increase of 3% compared to CNY 450,422,263.42 in Q1 2023[45]. - Total operating costs for Q1 2024 were CNY 379,836,251.08, up from CNY 373,277,622.93 in Q1 2023, reflecting a rise of approximately 1.5%[45]. - Research and development expenses increased significantly to CNY 2,877,066.98 in Q1 2024, compared to CNY 1,137,263.64 in Q1 2023, marking a growth of 153%[45]. - The company reported a financial expense of CNY -25,697,031.22 in Q1 2024, compared to CNY -22,633,799.48 in Q1 2023, indicating an increase in financial costs[45]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 58,224[22]. - The largest shareholder, China Science Publishing Group Co., Ltd., held 588,136,364 shares, accounting for 74.40% of the total shares[22]. Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[47]. - The company aims to enhance its product offerings and improve operational efficiency in the upcoming quarters[47].