DPC(SH:600405)2024-04-29 11:25Financial Performance - The company's operating revenue for Q1 2024 was ¥123,939,013.72, representing a decrease of 27.75% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥57,089,616.25, with a significant decline in profitability[3]. - The company reported a basic and diluted earnings per share of -¥0.103, reflecting ongoing financial challenges[3]. - The weighted average return on net assets was -9.77%, indicating a decline in overall profitability[3]. - Total revenue for Q1 2024 was CNY 123,939,013.72, a decrease of 27.8% compared to CNY 171,544,365.07 in Q1 2023[17]. - Net loss for Q1 2024 was CNY 58,120,740.35, compared to a net loss of CNY 47,509,526.55 in Q1 2023, representing an increase in loss of 22.0%[18]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 338.46% to ¥19,996,592.54, indicating improved cash generation[3]. - Operating cash flow for Q1 2024 was CNY 19,996,592.54, significantly improved from CNY 4,560,626.63 in Q1 2023[22]. - The net cash flow from investing activities was -$9,763,426.24, an improvement from -$11,882,596.24 in the previous period[23]. - The total cash inflow from financing activities was $414,950,405.71, slightly down from $420,503,672.31 in the prior period[23]. - The net cash flow from financing activities was $81,167,104.65, a significant recovery from -$3,302,588.48 in the previous quarter[23]. - The cash and cash equivalents increased by $91,861,334.35, compared to a decrease of -$9,800,546.54 in the last period[23]. - The ending balance of cash and cash equivalents was $157,008,968.14, up from $116,863,625.66 at the end of the previous quarter[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,116,973,510.73, a slight decrease of 0.21% from the previous year[4]. - Shareholders' equity attributable to the parent company decreased by 9.43% to ¥546,447,730.76[4]. - The company's total liabilities as of March 31, 2024, were RMB 1,200,000,000.00, compared to RMB 1,100,000,000.00 at the end of 2023, indicating an increase of about 9.1%[13]. - The total current liabilities increased to RMB 1,294,000,000.00, compared to RMB 1,200,000,000.00 in the previous period, showing an increase of approximately 7.8%[13]. - The total liabilities increased to CNY 1,561,769,991.47 in Q1 2024 from CNY 1,508,248,186.59 in Q1 2023[17]. Operational Metrics - Total operating costs for Q1 2024 were CNY 184,599,429.02, down 17.7% from CNY 224,170,609.42 in Q1 2023[17]. - Research and development expenses for Q1 2024 were CNY 28,531,628.52, an increase of 6.3% from CNY 26,834,871.39 in Q1 2023[17]. - Sales expenses decreased to CNY 27,255,126.55 in Q1 2024, down 26.2% from CNY 36,937,722.50 in Q1 2023[17]. - Cash received from sales of goods and services was CNY 184,560,609.08 in Q1 2024, down 30.2% from CNY 264,381,769.78 in Q1 2023[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 91,872[7]. - Major shareholder He Zhenya holds 11.23% of the shares, with a significant portion pledged[8]. - The total equity attributable to shareholders decreased to CNY 546,447,730.76 in Q1 2024 from CNY 603,313,709.33 in Q1 2023[17]. - The company reported a decrease in other comprehensive income attributable to shareholders, with a net amount of CNY 223,637.68 in Q1 2024 compared to CNY 1,539,576.79 in Q1 2023[18]. Inventory and Receivables - Accounts receivable decreased to RMB 523,236,625.69 from RMB 610,284,849.54, reflecting a decline of about 14.2%[12]. - The company's inventory rose to RMB 364,616,953.19, up from RMB 357,588,451.32, indicating an increase of approximately 2%[12]. Other Information - The company has not disclosed any significant new product developments or market expansion strategies in this quarter[10]. - The company did not apply new accounting standards or interpretations starting in 2024[23].