Financial Performance - Operating revenue increased by 74.74% to CNY 15,235,805.72 for the first quarter of 2024 compared to the same period last year[12]. - Net profit attributable to shareholders was a loss of CNY 6,393,250.31, a slight improvement of 1.26% year-on-year[12]. - Total operating revenue for Q1 2024 reached CNY 15,235,805.72, a significant increase from CNY 8,719,055.53 in Q1 2023, representing an increase of approximately 74.5%[40]. - The net loss for Q1 2024 was CNY 6,393,250.31, slightly improved from a net loss of CNY 6,474,531.77 in Q1 2023[41]. - The operating profit for Q1 2024 was reported at -¥6,697,325.79, compared to -¥6,431,633.70 in Q1 2023, indicating a slight deterioration in profitability[43]. - The net profit for Q1 2024 was -¥6,162,782.41, an improvement from -¥6,474,531.77 in Q1 2023, showing a reduction in losses by approximately 4.8%[44]. Assets and Liabilities - Total assets decreased by 4.49% to CNY 383,760,245.99 compared to the end of last year[12]. - The company's asset-liability ratio decreased to 18.21% from 21.11% at the end of the previous year[12]. - Cash and cash equivalents decreased by 38.57% to CNY 104,104,210.05 due to investments in financial products[13]. - Total liabilities decreased to CNY 69,871,222.74 from CNY 84,830,225.18, a decline of about 17.6%[35]. - The company's equity attributable to shareholders decreased to ¥313,889,023.25 from ¥316,968,833.56, a slight decrease of approximately 1.0%[35]. - The company's total assets decreased to CNY 382,526,660.65 in Q1 2024 from CNY 400,235,409.74 in Q1 2023, a decline of approximately 4.4%[39]. - Total liabilities decreased to CNY 68,902,695.44 in Q1 2024 from CNY 83,762,102.12 in Q1 2023, reflecting a reduction of about 17.7%[39]. - The company's equity decreased to CNY 313,623,965.21 in Q1 2024 from CNY 316,473,307.62 in Q1 2023, a decline of approximately 0.9%[39]. Cash Flow - Cash flow from operating activities improved by 26.47%, resulting in a net outflow of CNY 13,891,332.46[12]. - The cash flow from operating activities for Q1 2024 was -¥13,891,332.46, an improvement compared to -¥18,890,988.40 in Q1 2023, indicating better cash management[45]. - The total cash inflow from investment activities in Q1 2024 was ¥80,270,364.53, slightly higher than ¥80,261,208.89 in Q1 2023[46]. - The cash outflow from investment activities for Q1 2024 was ¥130,679,122.00, compared to ¥91,291,720.00 in Q1 2023, reflecting increased investment spending[46]. - The net cash flow from investment activities for Q1 2024 was -¥50,408,757.47, worsening from -¥11,030,511.11 in Q1 2023[46]. - The cash and cash equivalents at the end of Q1 2024 stood at ¥102,869,220.86, down from ¥165,654,171.64 at the end of Q1 2023[46]. Shareholder Information - The total number of ordinary shares increased to 74,529,018, with 5,282 shareholders[18]. - The major shareholders hold a total of 55,643,308 shares, accounting for 74.67% of the company's shares[19]. - Chen Li and Jia You, the top two shareholders, hold 35.90% and 33.19% of the shares respectively[19]. - There are no pledged or judicially frozen shares among the major shareholders[20]. Corporate Governance and Commitments - The company has not reported any litigation, arbitration, or external guarantees during the reporting period[22]. - The company has implemented an employee stock ownership plan, which was approved by the board on October 14, 2022[23]. - The company has fulfilled all commitments made during its listing on the New Third Board[27]. - The stock options under the 2022 equity incentive plan are subject to adjustments as approved in meetings held on November 1, 2023[26]. - The company has not engaged in any significant asset acquisitions or disposals during the reporting period[22]. - The company has not reported any instances of dishonesty or penalties against it during the reporting period[22]. Research and Development - Research and development expenses for Q1 2024 were CNY 3,462,786.29, down from CNY 4,127,677.11 in Q1 2023, indicating a decrease of about 16.1%[40]. - The company has invested in new technology and product development, as indicated by the increase in intangible assets to ¥4,659,355.75 from ¥4,017,280.82, an increase of about 15.9%[34].
天润科技(430564) - 2024 Q1 - 季度财报