V-Test(SH:688372)2024-04-29 08:21Financial Performance - The company's operating revenue for Q1 2024 was CNY 183,553,105.50, representing a year-on-year increase of 30.99%[5] - The net profit attributable to shareholders was a loss of CNY 305,728.12, reflecting a decrease of 101.12% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 4,125,149.45, down 120.39% year-on-year[5] - Total operating revenue for Q1 2024 reached ¥183,553,105.50, a 30.9% increase from ¥140,126,196.26 in Q1 2023[19] - Net profit for Q1 2024 was a loss of ¥305,728.12, compared to a profit of ¥27,309,024.78 in Q1 2023, marking a significant decline[20] - Operating profit for Q1 2024 was a loss of ¥6,049,730.11, compared to a profit of ¥23,341,429.49 in Q1 2023[19] - The company reported a total comprehensive loss of ¥305,728.12 for Q1 2024, contrasting with a comprehensive income of ¥27,309,024.78 in the same quarter last year[20] - Basic and diluted earnings per share for Q1 2024 were both -¥0.0027, compared to ¥0.31 in Q1 2023[20] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 88,583,325.68, an increase of 84.66% year-on-year[5] - The net cash flow from operating activities for Q1 2024 was ¥88,583,325.68, an increase of 84.8% compared to ¥47,972,126.15 in Q1 2023[23] - Cash generated from operating activities was ¥202,175,253.57, up from ¥154,668,204.90 in Q1 2023, reflecting a 30.7% increase[22] - The company's cash and cash equivalents at the end of Q1 2024 were ¥108,948,307.30, down from ¥326,455,784.55 at the end of Q1 2023[24] - Total cash inflow from investment activities was ¥368,430,816.29, while cash outflow was ¥695,402,972.86, resulting in a net cash flow of -¥326,972,156.57[23] - Cash inflow from financing activities amounted to ¥183,774,616.70, with a net cash flow of ¥95,897,013.66 after outflows[24] - The total cash outflow from financing activities was ¥87,877,603.04, compared to ¥134,253,705.69 in the previous year, showing a decrease of 34.5%[24] Research and Development - Total R&D investment reached CNY 30,598,615.75, up 98.49% compared to the previous year[5] - R&D investment accounted for 16.67% of operating revenue, an increase of 5.67 percentage points year-on-year[6] - The company experienced a significant increase in R&D expenses, with a 50.35% rise after excluding the impact of share-based payment expenses[8] - Research and development expenses rose to ¥30,598,615.75, an increase of 98.5% from ¥15,415,413.41 in Q1 2023[19] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 3,762,890,566.69, a 4.29% increase from the end of the previous year[6] - Total current assets as of March 31, 2024, amount to ¥748,913,089, a decrease from ¥854,936,686.98 as of December 31, 2023[15] - Total non-current assets increased to ¥3,013,977,477.69 from ¥2,753,168,311.75[15] - Total assets as of March 31, 2024, are ¥3,762,890,566.69, up from ¥3,608,104,998.73[15] - Total liabilities increased to ¥1,287,648,467.39, compared to ¥1,149,437,279.95 in the previous year, indicating a growth of 12.1%[16] - Total equity attributable to shareholders reached ¥2,475,242,099.30, up from ¥2,458,667,718.78, a growth of 0.7%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,816[11] - The largest shareholder, Shanghai Ruice Semiconductor Technology Co., Ltd., holds 35,142,689 shares, accounting for 31.00% of total shares[11] Other Information - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[12] - The company did not apply new accounting standards for the first time in 2024[25]