Financial Performance - The company's revenue for Q1 2024 was ¥39,708,508.13, a decrease of 19.30% compared to ¥49,204,713.64 in the same period last year[5] - The net loss attributable to shareholders was ¥8,868,715.54, representing a 164.38% increase in losses compared to ¥3,354,585.69 in the previous year[5] - Basic and diluted earnings per share were both -¥0.13, reflecting a 160.00% increase in losses per share from -¥0.05 in the previous year[5] - The total profit (loss) for the period was -¥12,849,136.73, a 177.25% increase in losses compared to -¥4,634,568.63 in the previous year[10] - The company experienced a 200.53% increase in net loss to ¥10,083,744.64, compared to ¥3,355,278.71 in the same period last year, driven by reduced revenue and increased stock incentive expenses[10] - Net loss for Q1 2024 was ¥10,083,744.64, compared to a net loss of ¥3,355,278.71 in Q1 2023, indicating a significant decline in profitability[24] Cash Flow and Liquidity - The cash flow from operating activities showed a net outflow of ¥65,639,995.29, which is a 120.57% increase in cash outflow compared to ¥29,759,409.22 last year[5] - Cash inflow from operating activities decreased by 51.83% to ¥37,167,784.76 compared to the previous period due to a reduction in advance payments for ongoing projects[11] - Cash and cash equivalents decreased by 78.51% to -¥87,628,973.26, reflecting reduced investment activity expenditures compared to the previous year[12] - The cash inflow from other operating activities decreased by 68.36% to ¥2,063,839.85, mainly due to reduced deposits and guarantee expenditures[11] - The total cash outflow from operating activities was 102,807,780.05, slightly lower than 106,915,775.65 in the previous year, indicating stable operational cash outflows[28] - The cash flow from financing activities showed a net outflow of ¥594,615.57, a decrease of 103.19% compared to the previous period, attributed to loan repayments and share buybacks[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥994,589,777.51, down 4.76% from ¥1,044,326,703.01 at the end of the previous year[5] - The total current assets decreased from RMB 921,381,738.30 at the beginning of the period to RMB 867,296,052.29 at the end of the period, a decrease of approximately 5.87%[20] - The total liabilities decreased from RMB 198,147,086.36 to RMB 175,232,615.20, a decrease of approximately 11.53%[20] - The company's total liabilities decreased to ¥184,115,856.73 from ¥208,046,968.81 in the previous quarter, reflecting a reduction of approximately 11.5%[21] - The total equity attributable to shareholders decreased to ¥807,137,227.19 from ¥831,728,011.51, a decline of about 2.9%[21] Expenses and Investments - Sales expenses rose by 52.90% to ¥6,212,249.96, primarily due to the accrual of stock incentive expenses for sales personnel[9] - Research and development expenses increased to ¥5,144,610.62, up from ¥4,530,128.17, representing a growth of 13.6% year-on-year[23] - The total cash outflow from investment activities was 61,400,426.14, significantly lower than 574,854,378.00 in the same period last year, reflecting reduced investment expenditures[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,142, with no preferred shareholders[14] - The largest shareholder, Lin Mingling, holds 28.84% of the shares, totaling 19,391,824 shares, with 4,230,000 shares pledged[14] - The company plans to repurchase shares using a total fund of no less than RMB 15 million and no more than RMB 30 million, with a maximum repurchase price of RMB 28.42 per share[17] - As of April 26, 2024, the company has repurchased a total of 537,840 shares through centralized bidding[17] Other Financial Metrics - The company reported a financial expense of -¥1,866,527.10, an improvement from -¥2,585,681.43 in the previous year[24] - Other comprehensive income after tax was ¥1,545.71, compared to -¥74,727.58 in the same period last year, indicating a recovery in this area[25] - The company received 18,127,138.90 in cash from borrowings, down from 32,828,481.42 in the previous year, indicating reduced borrowing activity[28]
天亿马(301178) - 2024 Q1 - 季度财报