DHGF(SH:600257)2024-04-29 07:49Financial Performance - The company's operating revenue for Q1 2024 was CNY 208,442,460.81, representing a decrease of 16.65% compared to the same period last year[4]. - Total operating revenue for Q1 2024 was CNY 208.44 million, a decrease of 16.7% compared to CNY 250.09 million in Q1 2023[17]. - The net profit attributable to shareholders was a loss of CNY 7,910,466.66, an increase in loss of 13.43% year-over-year[4]. - Net profit for Q1 2024 was a loss of CNY 2.92 million, an improvement from a loss of CNY 7.24 million in Q1 2023[18]. - The company reported a total comprehensive loss of CNY 3.03 million in Q1 2024, compared to a loss of CNY 8.13 million in Q1 2023[18]. - Basic and diluted earnings per share were both CNY -0.016, reflecting a 15.79% increase in loss compared to the previous year[4]. - Basic and diluted earnings per share for Q1 2024 were both CNY -0.016, compared to CNY -0.019 in Q1 2023[18]. Cash Flow - The net cash flow from operating activities was negative at CNY 24,356,734.57, with no applicable percentage change due to the nature of the data[4]. - Cash flow from operating activities for Q1 2024 was negative CNY 24.36 million, a decline from positive CNY 9.71 million in Q1 2023[21]. - Cash inflow from operating activities totaled CNY 232.57 million in Q1 2024, down from CNY 308.01 million in Q1 2023[21]. - Cash outflow from operating activities was CNY 256.92 million in Q1 2024, compared to CNY 298.30 million in Q1 2023[21]. - The net cash flow from investing activities was -$46,394,560.63, compared to -$7,300,148.05 in the previous period, indicating a significant increase in cash outflow for investments[23]. - The company reported a significant increase in cash outflow for investments, with total cash outflow reaching $73,458,850.63 compared to $7,408,148.05 previously[23]. - The company’s cash and cash equivalents decreased by $86,751,678.58 during the quarter, contrasting with an increase of $13,758,411.71 in the previous period[23]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,029,269,487.95, down 2.33% from the end of the previous year[5]. - The company's current assets totaled RMB 927,601,251.71, down from RMB 954,499,301.96, indicating a decrease of about 2.8%[12]. - The total liabilities as of the end of Q1 2024 were CNY 1,014.53 million, a decrease from CNY 1,059.83 million at the end of Q1 2023[13]. - The equity attributable to shareholders decreased by 0.92% to CNY 868,136,757.92 compared to the end of the previous year[5]. - Cash and cash equivalents decreased to RMB 249,420,102.19 from RMB 336,171,780.77, representing a significant decline of approximately 26%[12]. - Accounts receivable increased to RMB 103,183,968.45 from RMB 97,821,503.55, showing an increase of about 5.5%[12]. - Inventory rose to RMB 465,166,071.79 from RMB 455,021,341.59, marking an increase of approximately 2.2%[12]. - Short-term borrowings decreased to RMB 249,787,720.08 from RMB 258,826,333.32, reflecting a reduction of about 3.8%[12]. - Accounts payable decreased to RMB 36,547,406.22 from RMB 54,183,533.62, indicating a decline of approximately 32.5%[12]. Other Financial Information - Non-recurring gains and losses amounted to CNY 2,089,748.78, with significant contributions from government subsidies and asset disposals[7]. - The company reported a 236.12% increase in trading financial assets, primarily due to an increase in structured deposits[7]. - Deferred income increased by 40.74%, mainly due to government subsidies received[7]. - The company reported a total of 104,631,211 shares held by its largest shareholder, Tibet Hongshan Technology Development Co., Ltd.[10]. - The company has not reported any changes in the participation of major shareholders in securities lending activities[11]. - The company has not identified any significant related party transactions among its top shareholders[10]. - The company has not adopted new accounting standards or interpretations for the current year[23].