九联科技(688609) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was CNY 661,740,579.75, representing a year-on-year increase of 22.51%[5] - The net profit attributable to shareholders decreased by 48.34% to CNY 4,523,261.65, primarily due to a decline in gross margin[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 71.03% to CNY 2,598,002.80, influenced by both a decrease in gross margin and an increase in non-recurring losses[9] - The basic earnings per share (EPS) was CNY 0.0092, down 47.73% compared to the previous year[5] - In Q1 2024, the company reported a net profit of CNY 2,015,211.29, a decrease of 74.5% compared to CNY 7,906,857.23 in Q1 2023[22] - Operating profit for Q1 2024 was CNY -4,628,145.49, compared to CNY 7,198,630.20 in the same period last year, indicating a significant decline[22] - Total comprehensive income for Q1 2024 was CNY 2,016,575.49, compared to CNY 7,906,857.23 in the same quarter last year[23] Revenue and Costs - The increase in revenue was mainly attributed to growth in the smart city business segment[9] - Total operating revenue for Q1 2024 reached RMB 661,740,579.75, an increase of 22.5% compared to RMB 540,145,855.78 in Q1 2023[21] - Total operating costs for Q1 2024 were RMB 669,055,563.00, up from RMB 535,433,331.29 in Q1 2023, reflecting a growth of 24.9%[21] - Revenue from sales of goods and services reached CNY 579,027,925.76, up 22.3% from CNY 473,626,470.26 in Q1 2023[25] Assets and Liabilities - Total assets increased by 6.70% to CNY 3,191,630,440.59 compared to the end of the previous year[6] - Total assets as of March 31, 2024, were RMB 3,191,630,440.59, compared to RMB 2,991,305,253.84 at the end of 2023, reflecting an increase of 6.7%[18] - Total liabilities increased to RMB 2,167,216,548.88 in Q1 2024 from RMB 1,972,775,979.94 in Q4 2023, marking a rise of 9.8%[18] - The company's equity attributable to shareholders was RMB 1,033,215,371.06 as of March 31, 2024, compared to RMB 1,024,822,702.89 at the end of 2023, a slight increase of 0.4%[18] Cash Flow - The net cash flow from operating activities was CNY 80,048,480.10, reflecting an increase in cash received from sales of goods and services[9] - The company's cash flow from operating activities generated a net inflow of CNY 80,048,480.10, a recovery from a net outflow of CNY -49,349,148.17 in Q1 2023[26] - The company's cash and cash equivalents as of March 31, 2024, amounted to RMB 283,915,405.15, compared to RMB 272,690,941.34 at the end of 2023, indicating a 4.5% increase[15] - The company’s cash and cash equivalents at the end of Q1 2024 were CNY 236,428,652.04, down from CNY 287,657,724.16 at the end of Q1 2023[27] - The company reported a net cash outflow from investing activities of CNY -84,435,113.28, compared to CNY -16,782,837.20 in Q1 2023[27] Research and Development - The total R&D investment amounted to CNY 41,699,650.65, which is 6.30% of operating revenue, a decrease of 0.26 percentage points from the previous year[6] - Research and development expenses increased to CNY 41,699,650.65, up 17.5% from CNY 35,434,062.23 in the previous year[22] Future Outlook - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[19]