3PEAK(SH:688536)2024-04-29 08:16Financial Performance - The company's operating revenue for the first quarter of 2024 was ¥200,011,709.23, representing a decrease of 34.90% compared to the same period last year[15]. - The net profit attributable to shareholders was a loss of ¥49,167,639.09, reflecting a significant decline of 3,098.30% year-over-year[15]. - The basic and diluted earnings per share were both -¥0.37, indicating a decrease of 3,800.00% compared to the previous year[15]. - The total comprehensive income for the parent company's shareholders in Q1 2024 was -49,113,925.86, contrasting with 1,532,928.20 in Q1 2023, reflecting a substantial decrease[49]. - Basic and diluted earnings per share for Q1 2024 were both -0.37, compared to 0.01 in Q1 2023, showing a negative shift in earnings performance[49]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 5,806,352,327.41, a decrease of 1.72% compared to the end of the previous year[4]. - The total assets as of March 31, 2024, were ¥4,952,052,724.18, a decrease from ¥5,084,750,253.23 at the end of 2023[25]. - Non-current assets totaled 854,299,603.23, an increase from 823,046,818.81 year-over-year, indicating growth in long-term investments[46]. - Total liabilities decreased to 298,341,833.11 from 328,922,813.81, suggesting improved financial leverage[46]. - The total equity attributable to the parent company's shareholders was 5,508,010,494.30, down from 5,578,874,258.23, indicating a reduction in shareholder value[46]. Cash Flow - The net cash flow from operating activities was ¥12,175,483.59, which is not comparable to the previous year due to different circumstances[15]. - In Q1 2024, the company's cash inflow from operating activities was RMB 304,816,177.63, a decrease of 9.8% compared to RMB 338,205,586.01 in Q1 2023[35]. - The net cash flow from operating activities improved to RMB 12,175,483.59 in Q1 2024, compared to a negative RMB 99,016,867.24 in Q1 2023[35]. - Cash inflow from investment activities was RMB 1,092,791,302.06 in Q1 2024, down 60.5% from RMB 2,768,015,613.41 in Q1 2023[35]. - The company's cash and cash equivalents decreased to ¥1,093,855,051.53 from ¥1,489,984,886.23 at the end of the previous year[25]. Research and Development - R&D investment totaled RMB 125,427,833.62, representing 62.71% of operating income, an increase of 15.48 percentage points[4]. - The company reported a significant increase in R&D investment as a percentage of revenue, indicating a strategic focus on innovation[4]. - The company is actively pursuing new technology and product development, which is reflected in the increased R&D investment as a percentage of revenue[19]. - Research and development expenses amounted to ¥125,427,833.62, down from ¥145,103,645.69 in the previous year, indicating a focus on cost management[31]. Shareholder Information - Major shareholders include Shanghai Huaxin Venture Capital with a 16.68% stake and ZHIXU ZHOU with a 7.53% stake[7]. - The total number of ordinary shareholders at the end of the reporting period was 8,819[39]. Compliance and Transparency - The report confirms that all financial information is accurate and complete, with no significant omissions[14]. - The company is committed to maintaining transparency and compliance with legal responsibilities regarding financial disclosures[2]. Other Financial Metrics - Non-recurring gains and losses included government subsidies amounting to RMB 5,452,588.75 and fair value changes of financial assets totaling RMB 21,256,645.29[4]. - The weighted average return on net assets was -0.88%, a decrease of 0.92 percentage points[4]. - The company has not identified any non-recurring gains and losses not listed in the relevant announcements[6]. - The total operating costs for the quarter were ¥274,955,336.24, down from ¥321,150,654.77 year-over-year[31]. - The company reported a significant increase in other income, totaling ¥10,177,843.15, compared to ¥3,246,097.51 in the previous year[31].