Youon(SH:603776)2024-04-28 07:36Financial Performance - The company's operating revenue for Q1 2024 was ¥113,076,896.39, representing a decrease of 9.33% compared to the same period last year[4]. - The net profit attributable to shareholders of the listed company was -¥5,171,079.84, a decline of 150.75% year-on-year[4]. - The net cash flow from operating activities was -¥4,825,970.90, reflecting a decrease of 108.85% compared to the previous year[4]. - Basic earnings per share were -¥0.02, down 150.00% year-on-year[4]. - The net loss for Q1 2024 was ¥5,899,042.10, compared to a net profit of ¥9,488,455.70 in Q1 2023[20]. - The operating profit for Q1 2024 was -¥5,847,935.27, a significant decline from ¥10,131,122.44 in Q1 2023[19]. - The company reported a basic and diluted earnings per share of -¥0.02 for Q1 2024, compared to ¥0.04 in Q1 2023[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,521,856,448.98, a decrease of 0.94% from the end of the previous year[5]. - Total assets decreased to ¥4,521,856,448.98 in Q1 2024 from ¥4,564,900,970.67 in Q1 2023[16]. - Total liabilities decreased to ¥1,344,042,059.31 in Q1 2024 from ¥1,381,261,869.69 in Q1 2023[16]. - Non-current assets totaled ¥792,841,664.87 as of the end of Q1 2024, slightly up from ¥789,516,876.31 at the end of Q1 2023[16]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,319[10]. - The largest shareholder, Sun Jisheng, holds 79,400,092 shares, accounting for 34.19% of total shares[10]. - The company repurchased 2,750,000 shares, representing 1.18% of total shares[11]. - The top 10 shareholders have not changed significantly in terms of shareholding due to the transfer and lending of shares[12]. Cash Flow Analysis - The company's cash and cash equivalents as of March 31, 2024, amount to ¥385,517,439.67, a decrease from ¥447,030,225.71 on December 31, 2023[14]. - Total current assets as of March 31, 2024, are ¥3,729,014,784.11, down from ¥3,775,384,094.36 at the end of 2023[14]. - The company’s accounts receivable increased to ¥541,619,180.83 from ¥531,044,034.05[14]. - Cash outflow from operating activities totaled 159,279,245.13 RMB in Q1 2024, compared to 176,716,814.03 RMB in Q1 2023, indicating a decrease of about 9.9%[23]. - The net cash flow from investing activities was -94,376,926.64 RMB in Q1 2024, an improvement from -515,109,451.01 RMB in Q1 2023[24]. - The net cash flow from financing activities was -12,309,858.00 RMB in Q1 2024, compared to a positive 179,538,666.67 RMB in Q1 2023[24]. Government Subsidies and R&D - The company recognized government subsidies of ¥456,733.13, which are closely related to its normal business operations[6]. - The company continues to invest in R&D, with expenses of ¥7,677,996.60 in Q1 2024, slightly up from ¥7,552,778.07 in Q1 2023[19]. Operational Challenges - The company reported a significant decrease in accounts receivable collections, impacting net profit and cash flow[8]. - Total operating costs for Q1 2024 were ¥127,297,597.90, down 10.4% from ¥141,950,767.06 in Q1 2023[19]. - The company has not reported any new strategies or product developments in the current quarter[13].