ISS(SH:600756)2024-04-29 08:24Financial Performance - The company's operating revenue for Q1 2024 was ¥265,571,198.91, representing a decrease of 39.58% compared to the same period last year[4] - The net profit attributable to shareholders was -¥28,589,466.15, a decline of 749.90% year-on-year[4] - The basic earnings per share for the period was -¥0.09, reflecting a decrease of 749.90% compared to the previous year[4] - Net profit for Q1 2024 was a loss of CNY 28,950,567.85, compared to a profit of CNY 4,192,735.76 in Q1 2023[19] - In Q1 2024, the total comprehensive income attributable to the parent company was -28,589,466.15 RMB, compared to 4,399,073.39 RMB in Q1 2023, indicating a significant decline[20] - The basic and diluted earnings per share for Q1 2024 were both -0.09 RMB, down from 0.01 RMB in Q1 2023[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,219,764,539.77, down 5.19% from the end of the previous year[5] - The total assets as of March 31, 2024, were CNY 4,219,764,539.77, down from CNY 4,450,721,733.83 at the end of 2023[14] - Total liabilities as of March 31, 2024, were CNY 1,918,872,915.93, a decrease from CNY 2,123,496,489.47 at the end of 2023[15] - Cash and cash equivalents decreased to CNY 684,979,756.38 from CNY 965,242,577.24 at the end of 2023[13] - Accounts receivable stood at CNY 814,077,619.16, slightly down from CNY 828,976,875.77 in the previous year[13] - Inventory increased to CNY 409,518,609.01 from CNY 375,017,463.41 at the end of 2023[13] Cash Flow - The net cash flow from operating activities was -¥271,620,031.38, indicating a significant cash outflow[4] - Cash inflows from operating activities totaled 223,108,312.19 RMB in Q1 2024, a decrease of 30.7% from 321,335,193.73 RMB in Q1 2023[22] - Cash outflows from operating activities were 494,728,343.57 RMB in Q1 2024, compared to 537,864,558.20 RMB in Q1 2023, reflecting a reduction of 8.0%[23] - The net cash flow from operating activities was -271,620,031.38 RMB in Q1 2024, worsening from -216,529,364.47 RMB in Q1 2023[23] - The net cash flow from investing activities was -8,666,294.94 RMB in Q1 2024, compared to -11,495,644.26 RMB in Q1 2023, showing an improvement of 24.0%[24] - The net cash flow from financing activities was -4,091,999.48 RMB in Q1 2024, with cash outflows of 5,091,999.48 RMB related to financing activities[24] - The ending cash and cash equivalents balance was 631,885,049.74 RMB in Q1 2024, up from 456,178,078.34 RMB in Q1 2023, representing a 38.4% increase[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 54,562[9] - The largest shareholder, Inspur Software Technology Co., Ltd., held 61,881,000 shares, accounting for 19.09% of total shares[9] Operating Costs and Expenses - Total operating costs for Q1 2024 were CNY 285,527,331.47, down 35.3% from CNY 441,250,783.66 in Q1 2023[18] - Research and development expenses for Q1 2024 were CNY 56,393,007.22, compared to CNY 57,479,341.49 in Q1 2023[19] - The company reported a significant increase in financial expenses, with a net financial income of CNY -3,582,204.46 in Q1 2024, compared to CNY -7,481,435.02 in Q1 2023[19] Non-Recurring Gains and Losses - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥29,572,416.37, a decrease of 852.97% year-on-year[4] - The company reported a non-recurring gain of ¥982,950.22 for the period, primarily from government subsidies[6] - The company did not report any net profit from subsidiaries prior to consolidation in the current or previous periods[20]