JIT(SZ:003029)2024-04-26 10:27Financial Performance - The company's operating revenue for Q1 2024 was ¥126,404,966.23, representing a 3.68% increase compared to ¥121,917,781.05 in the same period last year[5] - The net profit attributable to shareholders was a loss of ¥16,313,817.39, a significant decline of 645.51% from a profit of ¥2,990,540.14 in the previous year[5] - The basic earnings per share dropped to -¥0.08, a 500% decrease from ¥0.02 in the previous year[5] - The net profit for the current period is a loss of ¥14,282,952.66, compared to a profit of ¥6,031,665.58 in the previous period[30] Cash Flow - The net cash flow from operating activities improved by 41.06%, amounting to -¥50,757,020.06, compared to -¥86,119,056.87 in the same period last year[10] - The cash flow from operating activities shows a net outflow of ¥50,757,020.06, improving from a net outflow of ¥86,119,056.87 in the previous period[31] - The cash flow from investing activities results in a net outflow of ¥11,978,979.04, compared to a much larger outflow of ¥199,626,499.18 in the previous period[31] - The cash flow from financing activities shows a net outflow of ¥65,403,454.51, worsening from a net outflow of ¥10,806,581.03 in the previous period[32] - The ending cash and cash equivalents balance is ¥559,614,476.34, down from ¥794,185,831.38 in the previous period[32] Assets and Liabilities - The company's total assets decreased by 5.95% to ¥1,760,037,517.91 from ¥1,871,299,347.99 at the end of the previous year[5] - The company's total liabilities decreased from RMB 638,545,404.64 to RMB 442,155,093.83 during the same period[27] - The company's cash and cash equivalents decreased from RMB 697,513,612.28 to RMB 568,571,378.41[26] - The company's total equity increased from RMB 1,232,753,943.35 to RMB 1,317,882,424.08[28] - The company reported a decrease in inventory from RMB 194,024,796.82 to RMB 180,265,577.69[26] Operating Costs and Expenses - The company's operating costs surged by 82.31% to ¥71,800,332.91, primarily due to increased costs associated with the growth in integrated business[9] - The total operating costs for the current period are ¥143,261,411.08, up 17.25% from ¥122,136,919.87 in the previous period[29] - The company reported a significant increase in research and development expenses, totaling ¥18,765,695.39, compared to ¥25,539,459.52 in the previous period, indicating a focus on innovation despite losses[29] - The company experienced a decrease in sales expenses, which amounted to ¥35,824,247.69, slightly down from ¥36,783,604.85 in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,256[13] - The largest shareholder, Yu Fengliang, holds 10.75% of the shares, totaling 21,055,886 shares[13] Capital and Financing Activities - The company completed the listing of new shares from a specific issuance on January 4, 2024, raising a total of RMB 179,708,685.17 from the issuance of 11,439,127 shares at a price of RMB 15.71 per share[16] - The company authorized the use of up to RMB 217 million of idle raised funds for cash management, effective for 12 months from the board's approval date[18] - The company plans to repurchase shares using a budget of no less than RMB 50 million and no more than RMB 100 million, at a price not exceeding RMB 25 per share[22] - As of the report date, the company has repurchased a total of 5,219,800 A-shares, accounting for 2.66% of the total share capital, with a total expenditure of RMB 72,723,422.44[22] - The highest transaction price during the repurchase period was RMB 15.29 per share, while the lowest was RMB 12.94 per share[22] Strategic Initiatives - The company has introduced the "2024 Partner Shareholding Plan" to enhance governance structure and attract talent[23] - The company approved a capital increase of RMB 20 million to its wholly-owned subsidiary, Changchun Jida Zhengyuan Information Security Technology Co., Ltd., which represents 1.47% of the company's latest audited net assets[21] Other Income and Gains - The company reported a significant decrease in other income, which fell by 81.25% to ¥1,417,077.85, attributed to a reduction in software VAT refunds[9] - The company recognized a debt restructuring gain of ¥318,000.00 during the reporting period[6] Audit Status - The company has not yet audited the first quarter report, indicating that the financial results are preliminary and subject to change[33]