万达信息(300168) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥349,734,530.09, a decrease of 47.28% compared to ¥663,377,866.71 in the same period last year[5] - The net profit attributable to shareholders was -¥211,699,810.07, representing a decline of 392.41% from -¥42,992,719.58 year-on-year[5] - The company's basic and diluted earnings per share were both -¥0.1469, a decline of 392.95% compared to -¥0.0298 in the same period last year[5] - The net profit for the current period is -215,601,850.32, compared to -48,599,780.74 in the previous period, indicating a significant increase in losses[53] - The total operating profit (loss) for the current period is -215,542,442.76, compared to -46,675,707.91 in the previous period, reflecting a worsening operational performance[53] - The total comprehensive income for the current period is -215,591,670.41, compared to -48,680,637.99 in the previous period, highlighting a decline in overall financial health[56] Cash Flow - The net cash flow from operating activities was -¥388,642,129.44, showing an improvement of 29.06% compared to -¥547,847,039.84 in the previous year[5] - The cash flow from operating activities shows a net outflow of -388,642,129.44, compared to -547,847,039.84 in the previous period, indicating an improvement in cash flow management[57] - The cash inflow from operating activities totaled 354,492,444.88, down from 420,223,023.06 in the previous period, indicating a decrease in cash receipts from operations[57] - Net cash flow from investing activities was -37,198,367.63, compared to -108,048,100.64 in the previous year[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,677,485,463.57, down 4.13% from ¥6,965,125,165.06 at the end of the previous year[5] - The total liabilities amounted to RMB 4,602,562,880.02, a decrease from RMB 4,675,211,997.68 at the beginning of the year[38] - Non-current liabilities due within one year decreased by 45.06% compared to the beginning of the year, mainly due to a reduction in long-term borrowings due within one year[31] - The total equity attributable to the parent company decreased from RMB 2,327,847,444.24 to RMB 2,116,758,900.66[38] - Cash and cash equivalents at the end of the period were 1,238,867,142.92, down from 2,205,372,240.79 at the beginning of the period[48] Expenses - Total operating costs for the first quarter were 523,617,911.73, down 27.6% from 722,553,261.92 in the previous year[52] - The total operating expenses for the current period amount to 743,134,574.32, compared to 968,070,062.90 in the previous period, showing a reduction in expenses[57] - Research and development expenses amounted to 81,494,202.14, a decrease of 18.1% compared to 99,434,124.31 in the previous year[52] Investment and Income - Investment income decreased by 159.06% year-on-year, primarily due to reduced investment income from joint ventures[13] - The interest income for the current period is 4,202,112.59, down from 9,967,428.45 in the previous period, indicating a decline in interest earnings[53] - The investment income for the current period is -5,182,134.01, compared to 8,774,628.54 in the previous period, reflecting a significant loss in investment returns[53] Credit and Impairment - The company reported a significant increase in credit impairment losses by 263.08%, reflecting higher provisions for receivables[18] - The credit impairment losses for the current period are -38,514,478.21, compared to -10,607,639.01 in the previous period, indicating an increase in credit risk[53] Other Income - Other income decreased by 70.51% year-on-year, primarily due to a decline in government subsidies during the reporting period[31] - The company recorded a total of RMB 706,243.90 in government subsidies recognized in the current period[34]