ZTGM(SH:603559)2024-04-29 11:27Financial Performance - The company's operating revenue for Q1 2024 was ¥26,125,636.63, representing a decrease of 41.40% compared to the same period last year[4] - Total revenue for Q1 2024 was ¥26,125,636.63, a decrease of 41.3% compared to ¥44,580,305.99 in Q1 2023[17] - The net profit attributable to shareholders of the listed company was -¥10,746,321.12, with a basic and diluted earnings per share of -¥0.08[4] - Net loss for Q1 2024 was ¥10,748,052.85, compared to a net loss of ¥21,843,295.04 in Q1 2023, representing an improvement of 50.8%[18] - The total comprehensive income for Q1 2024 was -10,748,052.85 RMB, compared to -21,843,295.04 RMB in Q1 2023, indicating an improvement[19] - Basic and diluted earnings per share for Q1 2024 were both -0.08 RMB, compared to -0.15 RMB in Q1 2023, showing a reduction in losses[19] Cash Flow - The net cash flow from operating activities was -¥169,507.65, indicating a negative cash flow situation[4] - Cash inflows from operating activities in Q1 2024 were 47,450,006.48 RMB, down from 116,222,770.92 RMB in Q1 2023, reflecting a significant decline[22] - Cash outflows from operating activities in Q1 2024 totaled 47,619,514.13 RMB, compared to 133,488,405.19 RMB in Q1 2023, also indicating a decrease[22] - The net cash flow from operating activities for Q1 2024 was -169,507.65 RMB, an improvement from -17,265,634.27 RMB in Q1 2023[22] - The net cash flow from financing activities in Q1 2024 was -324,281.41 RMB, compared to 5,737,052.50 RMB in Q1 2023, indicating a shift to negative cash flow[23] - The company received 29,338,283.45 RMB in cash from borrowings in Q1 2024, down from the previous year[23] - The total cash outflow for financing activities in Q1 2024 was 15,814,281.41 RMB, compared to 23,601,230.95 RMB in Q1 2023, showing a decrease[23] - The company reported a cash inflow of 15,490,000.00 RMB from other financing activities in Q1 2024[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,139,726,732.92, an increase of 1.80% from the end of the previous year[5] - Total assets increased to ¥1,139,726,732.92 from ¥1,119,520,024.69, a growth of 1.8%[13] - Total liabilities increased to ¥1,029,985,064.03 from ¥999,030,302.95, an increase of 3.0%[14] - The equity attributable to shareholders of the listed company decreased by 8.40% to ¥117,140,991.62 compared to the end of the previous year[5] - The company’s equity attributable to shareholders decreased to ¥117,140,991.62 from ¥127,887,312.74, a decline of 8.4%[14] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,660[9] - The top shareholder, Wang Shichao, holds 5.20% of the shares, totaling 7,448,300 shares[9] Operating Costs and Income - Total operating costs for Q1 2024 were ¥34,040,292.36, down 48.3% from ¥65,985,616.73 in Q1 2023[17] - Other operating income and expenses resulted in a net loss of -¥688,568.49 during the reporting period[7] - The company reported a significant decrease in business volume as the primary reason for the decline in operating revenue[7] Research and Development - The company reported R&D expenses of ¥184,873.56 in Q1 2024, compared to zero in Q1 2023[18] Cash and Equivalents - Cash and cash equivalents decreased to ¥47,187,633.81 from ¥55,007,511.33, a decline of 14.9%[12] - Cash and cash equivalents at the end of Q1 2024 were 3,730,327.09 RMB, down from 18,025,569.02 RMB at the end of Q1 2023[23] - Accounts receivable increased to ¥346,576,497.86 from ¥340,970,724.39, an increase of 1.8%[12] - Inventory rose to ¥584,825,544.57 from ¥556,966,019.68, an increase of 5.0%[12]