Workflow
古鳌科技(300551) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥70,169,269.47, representing a decrease of 49.93% compared to ¥140,135,007.41 in the same period last year[5]. - The net profit attributable to shareholders was -¥41,505,418.10, a decline of 174.74% from -¥15,107,316.73 year-on-year[5]. - Basic and diluted earnings per share were both -¥0.12, a decrease of 200.00% from -¥0.04 in the same period last year[5]. - The net profit for Q1 2024 was -47,058,177.66 CNY, compared to -14,346,034.86 CNY in Q1 2023, representing a significant increase in net loss of approximately 228.5%[25]. - Operating profit for Q1 2024 was -48,612,788.86 CNY, compared to -14,303,883.49 CNY in the same period last year, indicating a deterioration in operational performance[25]. - The total comprehensive income for Q1 2024 was -47,058,295.70 CNY, compared to -14,345,959.60 CNY in Q1 2023, indicating a worsening of overall financial health[25]. - The company reported a decrease in sales revenue from 234,201,932.47 CNY in Q1 2023 to 56,979,602.91 CNY in Q1 2024, a decline of about 75.7%[27]. Cash Flow and Liquidity - The net cash flow from operating activities improved by 54.19%, reaching -¥26,003,936.20 compared to -¥56,759,742.93 in the previous year[5]. - Cash flow from operating activities showed a net outflow of -26,003,936.20 CNY, an improvement from -56,759,742.93 CNY in Q1 2023, reflecting a 54.2% reduction in cash outflow[27]. - The company reported cash inflow from financing activities of 26,213,999.30 CNY, with a net cash flow of 1,810,737.82 CNY, contrasting with a net outflow of -6,352,426.51 CNY in Q1 2023[28]. - Total cash and cash equivalents at the end of Q1 2024 were 298,817,766.19 CNY, down from 562,497,897.31 CNY at the end of Q1 2023, a decrease of approximately 46.9%[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,414,670,147.75, down 7.38% from ¥1,527,357,553.84 at the end of the previous year[5]. - Total liabilities decreased to ¥458,078,476.44 from ¥536,721,586.12, a reduction of 14.6%[22]. - The total equity attributable to shareholders decreased to ¥897,401,176.32 from ¥938,906,706.57, a decline of 4.4%[22]. - Cash and cash equivalents at the end of the period were ¥307,285,686.91, down from ¥327,154,009.88 at the beginning of the period, reflecting a decrease of 6.4%[21]. Shareholder Information - The company had a total of 16,010 ordinary shareholders at the end of the reporting period[10]. - The company reported a total of 44,777,620 restricted shares at the end of the period, with 49,950 shares released during the quarter[13]. - The controlling shareholder, Chen Chongjun, holds 78,550,607 shares, representing 23.10% of the company's capital, with 6,717,000 shares pledged, accounting for 85.51% of his holdings[16]. - The company has a total of 44,727,670 restricted shares at the beginning of the period, with no new restricted shares added during the quarter[13]. - The company has a total of 6,090,700 shares held by China Bank's Penghua Growth Mixed Securities Investment Fund, making it one of the top shareholders[12]. Operational Performance - Operating costs decreased by 34.08% to ¥16,573,537.40 from ¥25,143,088.82 year-on-year[8]. - Total operating costs for Q1 2024 were ¥94,759,097.66, down 37.8% from ¥152,479,592.92 in the previous year[23]. - Research and development expenses amounted to ¥9,941,946.40, a decrease of 16.5% from ¥11,922,900.28 in the prior year[23]. - The company's inventory increased slightly to ¥147,792,054.33 from ¥145,658,900.89, reflecting a growth of 1.5%[21]. Investment Activities - Investment income showed a substantial loss of -¥31,435,322.02, a decline of 7628.82% compared to a gain of ¥417,532.95 in the previous year[8]. - The company paid a deposit of 18 million RMB for the acquisition of a stake in Changzhou Bitai Technology Co., Ltd., but the acquisition was later canceled, and the deposit will be refunded by March 22, 2024[14]. - The company has not received the remaining 49% of the payment for the 20.41% stake sold in Shanghai Zhiyu Information Technology Co., Ltd., which was valued at 55 million RMB[15]. - The cash inflow from investment activities was 18,508,712.01 CNY, down from 70,626,319.05 CNY in Q1 2023, showing a decline of approximately 73.8%[27]. Risk and Compliance - Chen Chongjun was detained for suspected market manipulation, but the company's operations remain normal[17]. - The company emphasizes the importance of cautious investment decisions and awareness of investment risks[18].