Wayzim(SH:688211)2024-04-29 08:48Financial Performance - The company's operating revenue for Q1 2024 was ¥344,577,070.46, representing an increase of 18.35% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥41,764,489.21, a decrease of 231.89% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥69,400,898.92, a decrease of 463.18% compared to the previous year[5] - The basic and diluted earnings per share were both -¥0.33, a decrease of 237.50% compared to the same period last year[5] - In Q1 2024, the company reported a net loss of CNY 41,764,493.93, compared to a net profit of CNY 31,665,379.43 in Q1 2023, representing a significant decline[17] - Operating profit for Q1 2024 was CNY -53,627,384.71, a decrease from CNY 32,884,490.00 in the same period last year[17] - The total comprehensive income for Q1 2024 was CNY -42,569,976.39, compared to CNY 31,722,359.29 in Q1 2023[18] Cash Flow - The net cash flow from operating activities was ¥93,684,717.58, down 58.61% year-on-year due to increased cash payments for goods and services[5] - Cash flow from operating activities was CNY 93,684,717.58, a decrease of 58.6% compared to CNY 226,327,468.86 in Q1 2023[20] - The company experienced a cash inflow of CNY 1,420,919,675.40 from investment activities, an increase from CNY 1,202,057,359.22 in Q1 2023[21] - Cash and cash equivalents at the end of Q1 2024 amounted to CNY 465,065,742.13, an increase from CNY 311,462,627.63 at the end of Q1 2023[21] - The net cash flow from investment activities was -$7.53 million, an improvement from -$161.11 million in the previous year[31] - Cash and cash equivalents at the end of the period increased to $426.87 million, up from $286.35 million year-over-year[31] - The cash inflow from investment activities totaled $1.39 billion, an increase from $1.20 billion year-over-year[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,554,694,588.31, a decrease of 2.14% from the end of the previous year[6] - Total assets as of March 31, 2024, were RMB 6,554,694,588.31, down from RMB 6,698,323,995.36 at the end of 2023, a decrease of 2.1%[15] - The company's equity attributable to shareholders was RMB 3,595,432,882.46, down from RMB 3,650,888,635.44, a decrease of 1.5%[15] - Total liabilities decreased to RMB 2,959,261,865.44 from RMB 3,047,435,514.79, reflecting a reduction of 2.9%[15] - The total liabilities decreased to ¥2,446,937,604.40 in Q1 2024, down from ¥2,538,370,284.93 in Q4 2023, representing a decline of about 3.6%[24] Research and Development - Research and development expenses totaled ¥40,206,161.95, accounting for 11.67% of operating revenue, a decrease of 5.94 percentage points from the previous year[6] - The company incurred research and development expenses of CNY 40,206,161.95, down from CNY 51,273,769.04 in Q1 2023, indicating a reduction in R&D investment[17] - Research and development expenses for Q1 2024 were ¥36,193,689.15, down from ¥47,409,560.61 in Q1 2023, showing a decrease of about 23.6%[27] Shareholder Information - The total number of common shareholders at the end of the reporting period was 12,549[10] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending activities[12] Inventory and Receivables - Accounts receivable decreased to RMB 507,609,343.98 from RMB 628,574,662.64, indicating a reduction of 19.2%[14] - The company's inventory decreased to ¥1,841,887,940.82 in Q1 2024, down from ¥1,909,385,903.95 at the end of 2023, indicating a reduction of approximately 3.5%[23] - The company reported a decrease in accounts receivable to ¥471,572,684.76 in Q1 2024, down from ¥619,725,141.61 at the end of 2023, indicating a reduction of about 24%[23]