CIH(SH:600715)2024-04-29 11:57Financial Performance - The company's operating revenue for Q1 2024 was ¥136,245,928.81, representing a decrease of 15.76% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥80,527,485.29, with a basic and diluted earnings per share of -¥0.04[5]. - Net loss for Q1 2024 was ¥81,270,694.16, compared to a net loss of ¥55,716,664.36 in Q1 2023, indicating a worsening of 45.83%[19]. - Operating profit for Q1 2024 was a loss of ¥44,161,564.56, an improvement from a loss of ¥55,962,465.77 in Q1 2023[18]. - The company’s total comprehensive loss for Q1 2024 was ¥81,270,694.16, compared to a loss of ¥55,716,664.36 in Q1 2023[19]. - Basic and diluted earnings per share for Q1 2024 were both -¥0.04, compared to -¥0.03 in Q1 2023[19]. Cash Flow and Assets - The net cash flow from operating activities decreased by 46.76% to ¥12,994,167.53, primarily due to a decline in revenue from the gaming segment[5][9]. - Cash flow from operating activities generated a net cash inflow of ¥12,994,167.53 in Q1 2024, down from ¥24,406,586.73 in Q1 2023[22]. - Cash flow from investing activities showed a net inflow of ¥38,439,049.63 in Q1 2024, significantly up from ¥3,928,228.73 in Q1 2023[23]. - Cash and cash equivalents at the end of Q1 2024 totaled ¥122,052,026.30, an increase from ¥84,043,315.14 at the end of Q1 2023[23]. - The company disposed of certain equity and film projects, resulting in a 42.59% increase in cash and cash equivalents[9]. - Cash and cash equivalents increased to RMB 140,546,144.66 from RMB 98,567,528.17, showing a growth of approximately 42.6%[14]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥2,799,404,416.45, down 6.86% from the end of the previous year[6]. - As of March 31, 2024, the company's total assets amounted to RMB 2,799,404,416.45, a decrease from RMB 3,005,499,537.01 as of December 31, 2023, reflecting a decline of approximately 6.9%[14]. - The company's current assets decreased to RMB 468,869,472.62 from RMB 606,539,188.26, representing a reduction of about 22.7%[14]. - The total liabilities decreased to RMB 4,028,753,626.76 from RMB 4,153,578,053.16, a reduction of about 3.0%[16]. - The company's equity attributable to shareholders showed a decline, reaching -RMB 1,118,008,469.30 compared to -RMB 1,037,480,984.01 at the end of the previous year[16]. - The company's non-current liabilities increased to RMB 996,946,977.64 from RMB 936,694,103.40, reflecting an increase of approximately 6.4%[16]. Receivables and Inventory - The company reported a significant decrease in accounts receivable by 52.63% due to the completion of a transfer transaction related to the Nanjing Jinniu Lake project[9]. - Accounts receivable dropped significantly to RMB 92,388,848.08 from RMB 195,033,162.29, indicating a decline of around 52.7%[14]. - The company's other receivables decreased to RMB 97,715,311.82 from RMB 111,354,352.59, indicating a reduction of approximately 12.2%[14]. - The company reported a significant decrease in inventory, which fell to RMB 86,014,782.91 from RMB 148,791,278.01, a decline of about 42.2%[14]. Non-Recurring Items and Future Guidance - Non-recurring losses amounted to ¥34,573,445.53, largely due to a penalty of ¥38,310,000 related to the Jinniu Lake project not being completed on time[8]. - The company has not provided specific guidance for future performance in this report[4]. - There were no new product launches or significant technological developments mentioned in the report[4]. - The company has not reported any significant new strategies or product developments during the reporting period[13]. Shareholder Information - The top shareholder, Beijing Wenzi Holdings Co., Ltd., holds 20.35% of the shares, totaling 377,389,466 shares[11].