ZDDC(SH:600633)2024-04-26 10:11Financial Performance - The company's operating revenue for Q1 2024 was ¥678,240,718.47, representing a decrease of 26.58% compared to the same period last year[7]. - Net profit attributable to shareholders was ¥99,235,247.44, down 63.37% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥71,200,940.14, a decrease of 57.51% compared to the previous year[7]. - Basic and diluted earnings per share were both ¥0.08, down 61.90% from the same period last year[7]. - The net profit for the first quarter of 2024 is 103,735,777.41, compared to a net profit of 299,104,869.81 in the same period last year, indicating a decrease of approximately 65.3%[39]. - The net profit attributable to shareholders of the parent company is 99,235,247.44, down from 270,927,305.03, reflecting a decline of about 63.4%[39]. - The company reported a net profit of CNY 103,735,777.41 for Q1 2024, a decrease of 68.7% from CNY 331,514,683.12 in Q1 2023[50]. Cash Flow and Assets - The net cash flow from operating activities was -¥237,663,999.02, reflecting a decline of 256.70% year-on-year[7]. - Cash and cash equivalents decreased to approximately ¥1.38 billion, down from ¥1.89 billion at the end of the previous year, representing a decline of 27.01%[34]. - The total current assets decreased to approximately ¥2.80 billion, down from ¥3.15 billion, indicating a decline of 11.00%[34]. - Long-term equity investments decreased to approximately ¥1.66 billion, down from ¥1.74 billion, reflecting a decrease of 4.06%[34]. - The ending balance of cash and cash equivalents as of Q1 2024 was CNY 1,376,407,803.39, down from CNY 1,672,990,525.95 in Q1 2023[42]. - The company experienced a net decrease in cash and cash equivalents of -CNY 513,336,869.17 in Q1 2024, compared to an increase of CNY 534,451,162.38 in Q1 2023[42]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 86,198[14]. - The largest shareholder, Zhejiang Media Holdings Group Co., Ltd., held 605,933,168 shares, accounting for 47.87% of the total shares[14]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥12.49 billion, a decrease of 3.29% compared to the end of the previous year[24]. - Total liabilities decreased from 1,515,845,915.74 to 1,275,970,281.33, a decline of about 15.8%[36]. - The total equity attributable to shareholders of the parent company increased to 9,968,815,817.94 from 9,869,298,444.84, showing an increase of approximately 1%[36]. Non-Recurring Gains and Losses - Non-recurring gains and losses totaled ¥28,034,307.30, with significant contributions from various non-operating income sources[10]. - Non-recurring gains and losses included a profit from the disposal of non-current assets amounting to approximately ¥18.13 million[25]. - The company reported government subsidies recognized in the current period amounting to approximately ¥2.49 million, which are closely related to normal business operations[25]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters[26]. - The management indicated a cautious outlook for the next quarter, considering current market conditions and competition[26].