Financial Performance - The company's operating revenue for the reporting period was CNY 152,348,904.34, a decrease of 3.02% year-on-year[10]. - Net profit attributable to shareholders was CNY 43,761,483.94, down 47.71% compared to the previous year, primarily due to a decline in unconventional business income and fluctuations in investment income[19]. - The basic earnings per share decreased to CNY 0.3388, down 47.70% from the previous year[10]. - Net profit for Q1 2024 was RMB 43.761 million, down 47.7% from RMB 83.695 million in the previous period[25]. Cash Flow - The net cash flow from operating activities was CNY 17,137,226.34, a decrease of 48.44% year-on-year, mainly due to a decline in unconventional business[5]. - The net cash flow from financing activities was -CNY 109,300,862.18, a decrease of 1,908.15%[5]. - The net cash flow from investment activities increased significantly to CNY 315,726,731.35, a 470.61% increase, attributed to cash management of monetary funds[5]. - The net cash flow from investment activities was ¥315,726,731.35, recovering from a negative cash flow of ¥85,192,213.86 in the previous year[32]. - The net cash flow from operating activities was ¥17,137,226.34, a decrease of 48.6% compared to ¥33,235,082.48 in the same period last year[32]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,517,112,927.37, a decrease of 1.27% compared to the end of the previous year[10]. - The company's total assets as of March 31, 2024, were RMB 6.517 billion, compared to RMB 6.601 billion at the end of the previous period[24]. - The company's total liabilities decreased to CNY 203.543 million from CNY 233.696 million in the previous period[24]. - The total liabilities decreased from CNY 1,668,020,934.90 to CNY 1,644,492,562.86, a reduction of about 1.41%[49]. Revenue Breakdown - Conventional business revenue was CNY 131,918,200, an increase of 16.09% year-on-year, while unconventional business revenue was CNY 13,522,400, a decrease of 68.88%[19]. - Total operating revenue for Q1 2024 was RMB 152.349 million, a decrease of 3.7% from RMB 157.086 million in the previous period[24]. - Total operating costs increased to RMB 122.545 million, up 21.6% from RMB 100.736 million in the previous period[24]. Share Repurchase - The company repurchased shares during the reporting period, leading to a net cash flow from financing activities of -CNY 109,300,862.18, a decrease of 1,908.15%[5]. - The company repurchased a total of 1,439,609 shares, accounting for 1.11% of the total share capital, with a total transaction amount of RMB 103.745 million[20]. - The company plans to repurchase shares with a total amount not less than ¥100 million and not exceeding ¥200 million, with a repurchase price not exceeding ¥100 per share[46]. Expenses - Research and development expenses for Q1 2024 were RMB 24.502 million, an increase of 3.5% from RMB 23.668 million in the previous period[25]. - The company's management expenses rose by 41.45% to ¥34,398,803.81 from ¥24,318,428.28, mainly due to increased depreciation and property costs during the renovation period[40]. - The cash paid to employees increased to CNY 75,093,427.70 from CNY 60,507,550.30, reflecting an increase of approximately 24.19%[54]. Other Income - The total non-operating income was ¥23,089,975.82, primarily from government subsidies and investment income[37]. - Other comprehensive income after tax for Q1 2024 was RMB 6.039 million, compared to a loss of RMB 2.147 million in the previous period[26].
义翘神州(301047) - 2024 Q1 - 季度财报