Eazytec(SH:688258)2024-04-26 10:11Financial Performance - The company's operating revenue for Q1 2024 was ¥70,438,700.11, representing an increase of 8.90% compared to the same period last year[5]. - The net profit attributable to shareholders for Q1 2024 was ¥16,923,969.20, showing a significant increase of 149.98% year-on-year[5]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.20, reflecting a growth of 150.00% compared to the previous year[6]. - Total operating revenue for Q1 2024 was CNY 70,438,700.11, an increase of 8.66% compared to CNY 64,683,455.80 in Q1 2023[19]. - Net profit for Q1 2024 reached CNY 20,038,964.14, significantly higher than CNY 6,304,050.66 in Q1 2023, marking an increase of 217.73%[20]. - Earnings per share for Q1 2024 were CNY 0.20, compared to CNY 0.08 in Q1 2023, representing a 150% increase[21]. Cash Flow - The net cash flow from operating activities was ¥15,460,067.09, which decreased by 46.34% year-on-year[6]. - Cash flow from operating activities was CNY 99,850,878.66 in Q1 2024, compared to CNY 96,232,284.99 in Q1 2023, indicating a growth of 2.73%[23]. - Net cash flow from operating activities for Q1 2024 was $15,460,067.09, a decrease of 46.3% compared to $28,808,666.45 in Q1 2023[24]. - Total cash inflow from investment activities was $96,223,642.80, down from $119,087,176.82 in the previous year, reflecting a decline of 19.2%[24]. - Cash outflow from investment activities totaled $129,562,812.98, significantly lower than $265,270,914.04 in Q1 2023, indicating a reduction of 51.1%[24]. - Net cash flow from financing activities increased to $16,055,867.98, compared to $3,271,597.22 in the same quarter last year, marking a growth of 389.5%[25]. Research and Development - Total R&D investment for Q1 2024 was ¥15,826,411.88, an increase of 51.18% compared to the same period last year[6]. - R&D investment accounted for 22.47% of operating revenue, up by 6.29 percentage points year-on-year[6]. - Research and development expenses for Q1 2024 totaled CNY 15,826,411.88, up from CNY 10,468,892.00 in Q1 2023, reflecting a 51.06% increase[19]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥1,662,465,794.23, a slight increase of 1.39% from the end of the previous year[6]. - As of March 31, 2024, the total assets of the company amounted to RMB 1,662,465,794.23, an increase from RMB 1,639,652,711.79 as of December 31, 2023, reflecting a growth of approximately 1.5%[15]. - The company's current assets totaled RMB 765,639,565.39, compared to RMB 715,284,592.37 at the end of 2023, indicating an increase of about 7%[16]. - The total liabilities as of Q1 2024 were CNY 459,105,403.51, compared to CNY 444,093,529.65 in Q1 2023, showing an increase of 3.43%[18]. - The company's long-term equity investments were valued at RMB 154,213,319.38, slightly up from RMB 153,230,095.12[16]. Other Financial Metrics - The net profit from non-recurring gains and losses was ¥14,437,412.13, after accounting for tax and minority interests[8]. - The company sold cloud center assets, generating a disposal gain of approximately ¥15 million, contributing to the increase in net profit[10]. - The company acquired a 52% stake in a subsidiary, which led to changes in the scope of consolidated financial statements[10]. - Investment income for Q1 2024 was CNY 4,416,435.23, a recovery from a loss of CNY 582,602.36 in Q1 2023[20]. - The company reported a significant increase in credit impairment losses, totaling CNY 5,441,806.13 in Q1 2024, compared to CNY 1,432,466.11 in Q1 2023[20]. Inventory and Borrowings - Inventory increased to RMB 16,611,886.96 from RMB 9,244,046.68, marking a substantial rise of approximately 80%[16]. - Short-term borrowings increased to RMB 205,179,888.89 from RMB 155,161,791.67, reflecting a growth of about 32%[16].