SJY.(SH:600676)2024-04-29 07:38Financial Performance - The company's operating revenue for Q1 2024 was CNY 953,396,964.24, representing a decrease of 7.66% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 70,609,031.67, a decline of 129.88% year-on-year[5]. - The basic and diluted earnings per share were both CNY -0.07, reflecting a decrease of 128.84% compared to the previous year[5]. - The company reported a significant decrease in investment income by 162.57% due to increased losses from investee companies[10]. - Net profit for Q1 2024 was -¥73,128,552.12, compared to -¥27,212,800.94 in Q1 2023, reflecting a significant increase in losses[21]. - Basic and diluted earnings per share for Q1 2024 were both -¥0.07, compared to -¥0.03 in Q1 2023[22]. - The company's total comprehensive income for Q1 2024 was -¥73,012,593.06, compared to -¥27,152,322.48 in Q1 2023, indicating a decline in overall financial health[22]. - The company's net profit for Q1 2024 was -27,544,850.27 RMB, compared to -18,229,671.43 RMB in Q1 2023, indicating a decline in profitability[33]. - The total comprehensive income for Q1 2024 was -27,544,850.27 RMB, compared to -18,229,671.43 RMB in Q1 2023, showing a significant decline[34]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,617,150,027.34, down 3.32% from the end of the previous year[6]. - The company's total assets amounted to ¥7,617,150,027.34, a decrease from ¥7,879,104,564.58 as of December 31, 2023, representing a decline of approximately 3.33%[15]. - The company's current assets totaled ¥4,766,370,081.40, down from ¥4,949,095,274.73, indicating a decrease of about 3.68%[16]. - Total liabilities decreased to ¥2,097,869,555.02 from ¥2,295,979,477.38, a decline of about 8.62%[17]. - Current liabilities totaled ¥1,474,479,470.16, down from ¥1,671,092,156.62, indicating a decrease of approximately 11.79%[17]. - The total assets as of March 31, 2024, were CNY 5,025,194,748.53, a slight decrease from CNY 5,069,145,339.66 at the end of 2023[30]. - The total liabilities decreased to CNY 338,144,279.63 from CNY 354,550,020.49, indicating a reduction in the company's debt levels[30]. Cash Flow - The net cash flow from operating activities was CNY 29,492,246.10, a decrease of 32.61% year-on-year[5]. - Cash received from sales of goods and services in Q1 2024 was ¥1,404,820,886.55, a decrease of 10.59% from ¥1,571,717,618.35 in Q1 2023[24]. - The total cash outflow from operating activities in Q1 2024 was 58,298,611.61 RMB, compared to 109,770,114.58 RMB in Q1 2023, reflecting a decrease of approximately 46.8%[35]. - The company reported a net cash outflow from financing activities of CNY 9,688,660.06 in Q1 2024, contrasting with a net inflow of CNY 4,409,414.04 in Q1 2023[26]. - The company's cash inflow from investment activities was CNY 17,392,392.72, down from CNY 28,781,258.10 in Q1 2023[26]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,847[12]. - The largest shareholder, Shanghai Jiushi (Group) Co., Ltd., held 373,767,497 shares, accounting for 36.34% of the total shares[12]. Operational Highlights - The company has not disclosed any new product developments or market expansion strategies in this quarter's report[14]. - The company's management expenses increased to CNY 24,898,200.24 in Q1 2024, compared to CNY 23,044,327.94 in Q1 2023[32]. - The company incurred credit impairment losses of 1,769,496.36 RMB in Q1 2024, compared to 159,218.17 RMB in Q1 2023, indicating an increase in credit risk[33].