JHS(SH:603922)2024-04-26 14:17Financial Performance - The company's operating revenue for Q1 2024 was CNY 182,211,833.10, representing a year-on-year increase of 126.13%[5] - The net profit attributable to shareholders was a loss of CNY 16,402,354.57, a decrease of 24.92% compared to the same period last year[5] - The company's basic earnings per share for the period was -CNY 0.13, a decrease of 30%[6] - Net profit for Q1 2024 was a loss of ¥16,463,465.93, compared to a loss of ¥13,130,675.77 in Q1 2023, reflecting a deterioration in profitability[18] - The basic and diluted earnings per share for Q1 2024 were both -¥0.13, compared to -¥0.10 in Q1 2023[19] Cash Flow - The net cash flow from operating activities was negative CNY 83,189,280.56, reflecting a significant decline of 964.57%[5] - Cash flow from operating activities showed a net outflow of ¥83,189,280.56 in Q1 2024, compared to a net outflow of ¥7,814,341.87 in Q1 2023[21] - Cash inflow from investment activities was ¥207,247,898.88 in Q1 2024, a substantial increase from ¥1,839,186.75 in Q1 2023[21] - The company reported a net cash flow from financing activities of ¥20,140,029.58 in Q1 2024, compared to ¥1,546,918.86 in Q1 2023[21] - The net increase in cash and cash equivalents for Q1 2024 was $124,801,033.39, a decrease of $9,408,873.94 compared to the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,832,558,637.23, an increase of 17.22% from the end of the previous year[6] - Total current assets reached RMB 1,562,765,340.76, up from RMB 1,302,316,062.97, indicating an increase of about 20%[14] - The total assets of the company as of March 31, 2024, were RMB 1,832,558,637.23, compared to RMB 1,563,349,555.72 at the end of 2023, reflecting a growth of approximately 17.2%[14] - Total liabilities increased to RMB 817,489,278.83 from RMB 531,816,731.39, which is an increase of about 54%[15] - The company's accounts payable rose to RMB 215,371,457.74 from RMB 126,305,545.70, representing an increase of approximately 70.6%[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 4,579[10] - The top shareholder, Hainan Zhongde Technology Co., Ltd., held 29.99% of the shares, totaling 38,387,200 shares[10] - The total equity remained stable at RMB 847,069,358.40, unchanged from the previous reporting period[15] - The company has not reported any significant changes in shareholder participation in financing or securities lending activities during the reporting period[12] Research and Development - Research and development expenses rose by 88.68%, indicating a focus on innovation[8] - Research and development expenses increased to ¥8,745,285.10 in Q1 2024, up 88.5% from ¥4,635,015.39 in Q1 2023[17] Accounts Receivable and Prepayments - Accounts receivable increased by 143.97% due to a rise in customer orders[7] - Accounts receivable increased significantly to RMB 393,627,848.59 from RMB 161,345,121.56, marking a rise of approximately 144.4%[13] - Prepayments surged by 260.95%, primarily due to increased advance payments for materials[7]