Zhuhai (SH:688175)2024-04-29 08:56Financial Performance - The company's operating revenue for Q1 2024 was ¥40,639,863.21, representing a year-on-year increase of 106.67%[2] - The net profit attributable to shareholders was -¥4,532,618.51, with a year-on-year decrease of 56.89%[2] - The net cash flow from operating activities was -¥72,909,277.21, reflecting a decline of 138.48% compared to the same period last year[2] - Total revenue for Q1 2024 reached ¥40,639,863.21, a significant increase of 106.5% compared to ¥19,664,348.34 in Q1 2023[18] - Total operating costs for Q1 2024 were ¥59,174,924.54, up 31.4% from ¥45,066,198.67 in Q1 2023[18] - Net loss for Q1 2024 was ¥4,568,477.93, an improvement from a net loss of ¥10,548,494.54 in Q1 2023[20] - The company reported an investment income of ¥13,679,110.11 in Q1 2024, compared to ¥8,164,235.27 in Q1 2023, indicating a growth of 67.5%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,066,963,445.52, showing a decrease of 1.65% from the end of the previous year[3] - The total assets decreased to ¥2,032,795,134.22 in Q1 2024 from ¥2,066,963,445.52 in Q1 2023, reflecting a decline of 1.65%[16] - Total liabilities decreased to ¥163,866,168.18 in Q1 2024 from ¥195,049,672.68 in Q1 2023, a reduction of 16.0%[16] - The company's equity attributable to shareholders was ¥1,870,008,570.07 in Q1 2024, slightly down from ¥1,872,957,517.45 in Q1 2023[16] Cash Flow - As of March 31, 2024, the company's cash and cash equivalents amounted to ¥1,081,521,768.33, an increase from ¥530,888,078.84 on December 31, 2023, reflecting a growth of 103.3%[13] - In Q1 2024, the company's cash inflow from operating activities was CNY 37,529,698.77, a decrease of 53.3% compared to CNY 80,386,695.21 in Q1 2023[22] - The net cash outflow from operating activities was CNY -72,909,277.21, worsening from CNY -30,572,483.99 in the same period last year[24] - Cash inflow from investment activities totaled CNY 1,057,996,363.78, down 53.7% from CNY 2,282,562,605.83 in Q1 2023[24] - The net cash flow from investment activities was CNY 623,542,407.88, an increase of 53.0% compared to CNY 408,016,198.27 in Q1 2023[24] - The company reported a cash and cash equivalents balance of CNY 1,081,521,768.33 at the end of Q1 2024, up from CNY 693,470,842.39 at the end of Q1 2023, representing a growth of 55.9%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,143[6] - The largest shareholder, Zhuhai Gaoling Technology Investment Co., Ltd., held 43.39% of the shares[7] - The company reported no new significant shareholders or changes in the top 10 shareholders during the reporting period[11] Research and Development - Research and development expenses totaled ¥15,765,113.44, accounting for 38.79% of operating revenue, a decrease of 54.46 percentage points[3] - Research and development expenses for Q1 2024 amounted to ¥15,765,113.44, slightly higher than ¥15,639,013.63 in Q1 2023[20] Other Information - The company plans to continue focusing on project completion and revenue recognition to drive future growth[5] - The company has not disclosed any new product developments or strategic acquisitions during this reporting period[12] - The company did not report any new product launches or significant market expansion strategies during the quarter[25] - The total amount of financial assets held for trading was ¥269,844,236.98, down from ¥889,672,598.73, indicating a significant decrease of approximately 69.7%[14] - The total current assets decreased slightly to ¥1,719,855,121.25 from ¥1,759,128,084.82, indicating a decline of approximately 2.2%[14] - The company's accounts receivable increased to ¥206,067,887.20 from ¥200,549,274.70, showing a growth of about 2.5%[14] - The inventory level rose to ¥125,657,467.78 compared to ¥114,296,858.41, representing an increase of approximately 10%[14] - The total non-current assets decreased to ¥96,000,000 from ¥98,000,000, reflecting a decline of about 2%[14] - The total liabilities and equity structure remains stable with no significant changes reported in the financial statements[12] - The company has no outstanding shares involved in margin trading or securities lending as of the end of the reporting period[10]