永信至诚(688244) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥29,447,347.19, representing a year-on-year increase of 10.66%[5] - The net profit attributable to shareholders was -¥19,965,979.74, and the net profit after deducting non-recurring gains and losses was -¥21,575,308.71[5] - The net cash flow from operating activities was -¥48,420,491.73[5] - Total operating revenue for Q1 2024 was CNY 29,447,347.19, an increase of 10.9% compared to CNY 26,610,651.68 in Q1 2023[19] - Net loss for Q1 2024 was CNY 20,374,074.93, compared to a net loss of CNY 16,891,950.73 in Q1 2023, representing a decline of 20.5%[20] - The company reported a total comprehensive loss of CNY 20,374,074.93 for Q1 2024, compared to a comprehensive loss of CNY 16,891,950.73 in Q1 2023[20] Research and Development - Research and development (R&D) expenses totaled ¥24,008,710.62, accounting for 81.53% of operating revenue, an increase of 14.76 percentage points year-on-year[6] - The company experienced a significant increase in R&D investment due to an increase in personnel costs[8] - Research and development expenses increased to CNY 24,008,710.62 in Q1 2024, up 35.1% from CNY 17,769,344.15 in Q1 2023[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,157,254,329.33, a decrease of 7.26% compared to the end of the previous year[6] - Total assets decreased from CNY 1,247,868,374.27 in the previous quarter to CNY 1,157,254,329.33 in Q1 2024[16] - Total liabilities decreased from CNY 180,624,077.25 in the previous quarter to CNY 137,886,666.96 in Q1 2024[16] - The company's total non-current assets amounted to CNY 190,268,373.58, down from CNY 195,146,277.54 in the previous quarter[16] Cash Flow and Liquidity - The company's cash and cash equivalents decreased significantly, impacting liquidity and operational flexibility[19] - In Q1 2024, the company reported cash inflows from operating activities of CNY 62,188,710.68, an increase of 16.5% compared to CNY 53,400,878.55 in Q1 2023[23] - The cash outflows from operating activities totaled CNY 110,609,202.41, up from CNY 90,816,516.71 in the same period last year, resulting in a net cash flow from operating activities of -CNY 48,420,491.73[23] - Investment activities generated cash inflows of CNY 406,697,755.07, a decrease of 58.4% from CNY 976,114,073.96 in Q1 2023[24] - Cash outflows from investment activities were CNY 642,573,449.16, down from CNY 1,173,635,963.59 year-over-year, leading to a net cash flow from investment activities of -CNY 235,875,694.09[24] - The total cash and cash equivalents at the end of Q1 2024 were CNY 323,659,940.26, down from CNY 432,033,486.84 at the end of Q1 2023[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 1,947[10] - The top shareholder, Cai Jingjing, holds 34.74% of the shares, while Chen Jun holds 16.03%, indicating a significant concentration of ownership[12] - The company has not disclosed any significant changes in the relationships or actions among the top shareholders[12] Other Notable Information - The company did not conduct an audit for the Q1 financial statements[4] - The report does not indicate any new product launches or technological advancements during the quarter[13] - There are no significant mergers or acquisitions reported in this quarter[13] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.29, compared to CNY -0.24 in Q1 2023[20] - The company received CNY 5,670,164.27 in tax refunds, an increase from CNY 4,960,737.22 in the previous year[23] - Employee compensation payments increased to CNY 33,869,610.75 from CNY 28,478,431.33, reflecting a rise of 19.5%[23] - The company reported a significant decrease in cash received from other investment activities, totaling CNY 405,100,000.00 compared to CNY 973,300,000.00 in Q1 2023[24] - The impact of exchange rate changes on cash and cash equivalents was -CNY 345,168.71, indicating a negative effect on the cash position[24]