JYT(SH:601908)2024-04-29 09:37Shareholder Information - The total number of common shareholders at the end of the reporting period is 111,750[15] - The largest shareholder, Beijing Jingyuntong Daxing Technology Investment Co., Ltd., holds 700,000,000 shares, accounting for 28.99% of total shares[15] - The second-largest shareholder, Feng Huanpei, holds 409,998,668 shares, representing 16.98% of total shares[15] Financial Performance - The company reported a non-operating income of 9,091,142.56 RMB after tax adjustments[5] - The government subsidies recognized during the period amounted to 3,506,877.66 RMB[5] - The impairment reversal of receivables was recorded at 8,475,948.70 RMB[5] - The company has not reported any significant changes in non-recurring gains and losses for the period[13] - The company's operating revenue for the current period is CNY 1,469,099,916.43, representing a decrease of 46.05% compared to the same period last year[35] - The net profit attributable to shareholders of the listed company is CNY -463,734,739.96, a decline of 252.91% year-on-year[35] - The net profit attributable to shareholders after deducting non-recurring gains and losses is CNY -472,825,882.52, down 258.70% from the previous year[35] - The basic earnings per share for the current period is CNY -0.19, a decrease of 246.15% compared to the same period last year[35] - The weighted average return on net assets is -4.15%, a decrease of 6.83 percentage points compared to the previous year[35] - The company has recognized a significant decrease in sales revenue from new materials, impacting both net profit and cash flow[38] Assets and Liabilities - Total assets increased to ¥24,629,688,162.10 from ¥24,171,750,355.00, representing a growth of approximately 1.89% year-over-year[22] - Current liabilities rose to ¥8,610,098,166.76 from ¥7,345,467,511.99, an increase of about 17.2%[22] - Non-current liabilities decreased to ¥5,053,909,404.35 from ¥5,393,346,998.05, a decline of approximately 6.31%[22] - Total liabilities increased to ¥13,664,007,571.11 from ¥12,738,814,510.04, reflecting a growth of around 7.27%[22] - Total equity attributable to shareholders decreased to ¥10,944,512,525.03 from ¥11,402,829,927.48, a decline of approximately 4.01%[22] Cash Flow - Cash and cash equivalents decreased to ¥906,254,009.48 from ¥1,864,076,759.83, a decline of approximately 51.5%[28] - Net cash flow from investing activities was negative at ¥-142,487,690.48 compared to ¥-371,087,695.03 in the previous period, showing an improvement[28] - Cash flow from financing activities was negative at ¥-386,406,042.90, compared to ¥-184,557,887.14 previously, indicating increased cash outflows[28] - The net cash flow from operating activities is CNY -493,842,202.48, primarily due to a decrease in sales revenue from new materials business[38] Quarterly Performance - Total operating revenue for Q1 2024 was ¥1,469,099,916.43, a decrease of 46.3% compared to ¥2,723,137,324.12 in Q1 2023[48] - Total operating costs for Q1 2024 were ¥1,734,284,815.22, down from ¥2,346,199,662.21 in Q1 2023, reflecting a decrease of 26.0%[48] - The net profit for Q1 2024 was -472,672,591.48 RMB, compared to a net profit of 305,212,112.30 RMB in Q1 2023, indicating a significant decline[62] - Operating cash flow for Q1 2024 was -493,842,202.48 RMB, a deterioration from -1,359,218.09 RMB in Q1 2023[63] - The total comprehensive income attributable to the parent company for Q1 2024 was -472,672,591.48 RMB, compared to 305,212,112.30 RMB in Q1 2023[62] Investment and Financing - The company reported a net profit of ¥50,461,989.40 from investments in Q1 2024, a significant recovery from a loss of -¥3,306,386.69 in Q1 2023[55] - The company received 658,000,000.00 in cash from borrowings in Q1 2024, up from 250,000,000.00 in Q1 2023, indicating a reliance on debt financing[72] - The total profit before tax for Q1 2024 was 233,824,197.23, a significant improvement from a loss of -18,762,636.86 in Q1 2023[69]