Financial Performance - The company's operating revenue for Q1 2024 was ¥540,413,035.73, representing a year-on-year increase of 1.20%[4] - The net profit attributable to shareholders of the listed company was a loss of ¥7,617,050.80, with a net profit excluding non-recurring gains and losses of ¥12,245,654.67[4] - The company experienced a decrease in net profit due to the loss of tax exemption policies in the publishing industry, leading to increased tax expenses[9] - In Q1 2024, the company reported a net profit loss of CNY 9,102,498.69, compared to a loss of CNY 5,937,881.76 in Q1 2023, indicating a significant decline in profitability[20] - The company recorded a total comprehensive loss of CNY 8,450,061.74 in Q1 2024, compared to a loss of CNY 5,706,080.27 in Q1 2023[21] Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥266,163,300.01[5] - The company's operating cash flow net amount was negative CNY 266,163,300.01, worsening from a negative CNY 170,954,784.93 in the same period last year[23] - Cash and cash equivalents at the end of Q1 2024 were CNY 967,025,312.46, a decrease from CNY 1,235,243,145.15 at the beginning of the quarter[23] - The company's cash and cash equivalents decreased to CNY 1,020,790,494.33 as of March 31, 2024, down from CNY 1,298,894,485.35 on December 31, 2023, reflecting a decline of approximately 21.5%[14] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,159,577,537.33, a decrease of 1.01% compared to the end of the previous year[5] - Total assets as of March 31, 2024, were CNY 4,159,577,537.33, a decrease from CNY 4,201,914,172.68 at the end of 2023, reflecting a decline of about 1.0%[16] - Total liabilities decreased to CNY 1,607,847,179.63 as of March 31, 2024, down from CNY 1,641,733,753.24 at the end of 2023, indicating a reduction of approximately 2.1%[17] - The company's equity attributable to shareholders was CNY 2,530,010,811.71 as of March 31, 2024, a slight decrease from CNY 2,536,975,425.56 at the end of 2023, reflecting a decline of about 0.3%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,644[11] - Basic and diluted earnings per share were both -¥0.01[5] - The basic and diluted earnings per share remained at CNY -0.01 for both Q1 2024 and Q1 2023, indicating no improvement in per-share performance despite the losses[21] Operational Metrics - Total operating revenue for Q1 2024 was CNY 540,413,035.73, a slight increase from CNY 534,026,996.73 in Q1 2023, representing a growth of approximately 0.72%[19] - Total operating costs for Q1 2024 were CNY 538,706,398.24, compared to CNY 538,814,498.16 in Q1 2023, showing a decrease of about 0.02%[19] - The company reported a net profit margin of approximately 0.13% for Q1 2024, compared to 0.04% in Q1 2023, indicating an improvement in profitability[19] Investment and R&D - Research and development expenses increased to CNY 2,795,557.06 in Q1 2024, up from CNY 2,505,179.04 in Q1 2023, representing a growth of approximately 11.5%[20] - The investment income reported was a loss of CNY 2,499,097.33 in Q1 2024, compared to a gain of CNY 3,109.43 in Q1 2023, indicating a substantial decline in investment performance[20] Future Outlook - The company plans to focus on expanding its market presence and investing in new product development in the upcoming quarters[18]
出版传媒(601999) - 2024 Q1 - 季度财报