东方国信(300166) - 2024 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2024 was ¥529,385,408.29, representing a 5.59% increase compared to ¥501,382,347.14 in Q1 2023[5] - Net profit attributable to shareholders decreased by 90.91% to ¥4,177,812.64 from ¥45,964,210.72 in the same period last year[5] - The net profit after deducting non-recurring gains and losses was -¥23,343,427.89, a decline of 251.40% compared to ¥15,418,008.62 in Q1 2023[5] - The company reported a total comprehensive income of approximately ¥3.61 million, significantly lower than ¥47.03 million in the previous period[24] - The net profit attributable to the parent company was approximately ¥4.18 million, a decrease of 90.9% from ¥45.96 million in the previous period[23] Cash Flow and Assets - The net cash flow from operating activities was -¥283,849,819.05, a decrease of 46.93% from -¥193,185,809.72 in the previous year[5] - Cash and cash equivalents decreased by 39.50% to CNY 676,749,181.80 compared to the previous year, primarily due to increased payments for employee compensation and project expenses[32] - Cash and cash equivalents at the end of the period decreased to $645,499,073.09 from $688,666,298.46, a decline of approximately 6.3%[47] - The company reported a cash inflow from operating activities of $444,202,133.26, down from $466,104,834.99 in the previous period, a decrease of about 4.5%[47] - Total assets at the end of the reporting period were ¥7,677,781,331.92, down 0.42% from ¥7,710,057,194.33 at the end of the previous year[5] - The company’s total assets were approximately ¥7.68 billion, slightly down from ¥7.71 billion in the previous period[22] Liabilities and Equity - Total liabilities amounted to approximately ¥1.65 billion, compared to ¥1.58 billion in the previous period, indicating an increase of 4.5%[22] - Total current liabilities increased to $1,202,066,462.28 from $1,126,787,986.23, reflecting an increase of approximately 6.7%[42] - Shareholders' equity attributable to the parent company decreased by 1.57% to ¥6,018,559,221.15 from ¥6,114,381,695.63[5] - The total equity attributable to shareholders was approximately ¥6.02 billion, down from ¥6.11 billion in the previous period, a decrease of 1.8%[22] - The company’s total liabilities increased to $1,646,869,806.45 from $1,582,752,015.42, reflecting an increase of approximately 4.1%[42] Investments and Subsidiaries - The company established a wholly-owned subsidiary with a registered capital of ¥100 million on January 4, 2024[18] - The company invested ¥60 million in Zhongke Shituo (Nanjing) Technology Co., Ltd., acquiring a 17.65% stake[18] - Investment income turned negative at -¥2,227,004.34, a decline of 374.82% compared to a profit of ¥810,336.17 in Q1 2023[8] - Other non-current assets surged by 523.13% to CNY 47,120,256.78, attributed to payments made for investments in Zhongke Shituo[32] Expenses - Total operating costs for the period were approximately ¥580.23 million, up 16.0% from ¥499.98 million in the previous period[22] - Research and development expenses increased to approximately ¥167.86 million, compared to ¥132.30 million in the previous period, reflecting a growth of 26.8%[22] - Financial expenses decreased by 71.29% to ¥2,065,118.10, mainly due to bond interest payments in the previous year[8] - The company’s development expenditures decreased by 79.02% to CNY 122,828,875.85, as these costs were transferred to intangible assets[32] Share Repurchase - The company plans to repurchase shares with a total amount not less than CNY 100 million and not exceeding CNY 200 million to maintain company value and shareholder rights[39] - The company completed a share repurchase plan, acquiring a total of 13,635,689 shares, which represents 1.1833% of the total share capital, with a total transaction amount of RMB 100,000,287.12[59] - The highest transaction price during the share repurchase was RMB 8.78 per share, while the lowest was RMB 6.04 per share[59] Miscellaneous - The first quarter report for 2024 has not been audited[49] - The company does not have any specific situations that meet the definition of non-recurring gains and losses[56] - The report indicates that there were no adjustments or restatements required for previous years' accounting data[62] - The total number of ordinary shareholders and the number of preferred shareholders with restored voting rights were not disclosed in the provided content[63] - The report does not provide specific user data or performance guidance for future quarters[66] - There is no mention of new product or technology development in the provided content[66] - The company has not disclosed any market expansion or acquisition strategies in the provided content[66] - The report does not include any new strategic initiatives beyond the share repurchase[66]