Financial Performance - Operating revenue for the first quarter reached CNY 25,889,705.76, representing a 24.56% increase year-on-year[11] - Net profit attributable to shareholders was CNY -6,715,935.97, a decline of 31.21% compared to the same period last year[11] - The basic earnings per share decreased by 10.26% to CNY -0.0642 compared to the previous year[11] - The total comprehensive income for Q1 2024 was CNY -6,715,935.97, compared to CNY -5,118,440.28 in Q1 2023, showing a worsening financial position[49] - The net profit for Q1 2024 was a loss of CNY 6,715,935.97, compared to a loss of CNY 5,118,440.28 in Q1 2023, indicating a deterioration in performance[45] - The operating profit for Q1 2024 was a loss of CNY -7,557,253.15, compared to a loss of CNY -6,026,594.12 in Q1 2023, indicating ongoing operational challenges[45] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -6,264,287.25, worsening by 86.62% year-on-year[11] - The cash flow from operating activities for Q1 2024 was a net outflow of CNY -6,264,287.25, significantly improved from CNY -46,810,070.30 in Q1 2023, indicating better cash management[50] - The net cash flow from investing activities was -701,123.80 yuan for the current period, compared to -4,546,408.17 yuan in the previous period, indicating a significant reduction in cash outflow[51] - The net cash flow from financing activities was 17,395,903.88 yuan, a substantial increase compared to -2,064,750.01 yuan in the previous period, reflecting improved financing conditions[51] - Operating cash inflows totaled 50,163,281.12 yuan, an increase of 19.5% from 41,989,900.01 yuan in the same period last year[53] Assets and Liabilities - Total assets increased by 5.15% to CNY 624,444,515.70 compared to the end of last year[11] - The company’s asset-liability ratio increased to 43.72% from 41.81% at the end of the previous year[11] - The total liabilities increased from 245,357,269.56 yuan to 270,562,015.85 yuan, marking an increase of about 10.3%[36] - The total current assets increased to 467,199,247.79 yuan from 436,145,025.95 yuan, representing a growth of about 7.2%[35] - The company reported a total of 54,628,161.80 yuan in frozen or restricted assets, which is 8.75% of total assets[30] Shareholder Information - Total share capital increased from 102,535,645 to 104,785,645 shares, reflecting an increase of 2,250,000 shares[18] - The largest shareholder, Wang Hongliang, holds 20.27% of the shares, totaling 21,241,404 shares[19] - The second-largest shareholder, Shenzhen Dazhu Chuangye Investment Co., Ltd., holds 15.13% of the shares, totaling 15,856,280 shares[19] - The proportion of restricted shares rose from 75.21% to 75.74%, with the number of restricted shares increasing from 77,112,340 to 79,362,340[17] - The company has 4,011 common shareholders as of the end of the reporting period[18] Legal Matters - A lawsuit involving Wuxi Lingge Technology Co., Ltd. has a claim amount of 23,080,000, which represents 6.57% of the company's net assets[25] - The total amount involved in ongoing litigation is 27,900,000 yuan, accounting for 7.94% of the company's total assets[26] - The company has ongoing litigation with a total claim amount of 6,130,000 yuan from two new contract disputes[26] Operational Expenses - The company’s sales expenses increased by 53.80% to CNY 4,781,882.76, driven by enhanced market expansion efforts[13] - The total operating costs for Q1 2024 were CNY 19,850,666.90, an increase from CNY 18,265,156.18 in Q1 2023, reflecting rising expenses[47] - The company incurred interest expenses of CNY 323,045.04 in Q1 2024, compared to CNY 143,169.59 in Q1 2023, indicating increased borrowing costs[47] - The company reported a net impairment loss of ¥1,578,343.46 in Q1 2024, compared to ¥883,397.22 in Q1 2023[43] Investment and R&D - The company’s research and development expenses for Q1 2024 were CNY 1,975,224.96, down from CNY 2,763,675.04 in Q1 2023, suggesting a reduction in investment in innovation[47] - The company has not engaged in any significant mergers, acquisitions, or asset sales during the reporting period[24] - The company has no new commitments disclosed during the reporting period[27]
灵鸽科技(833284) - 2024 Q1 - 季度财报