EFORT(SH:688165)2024-04-29 11:57Financial Performance - The company's operating revenue for Q1 2024 was CNY 33,506.07 million, a decrease of 14.06% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 1,937.64 million, with a significant improvement of 52.24% in loss reduction compared to the previous year[5][8]. - Total operating revenue for Q1 2024 was CNY 335,060,672.99, a decrease of 13.99% compared to CNY 389,884,029.05 in Q1 2023[19]. - The company reported a net loss of CNY 26,624,741.85 for Q1 2024, compared to a net loss of CNY 53,074,251.88 in Q1 2023[19]. - The company reported a total comprehensive loss of ¥33,307,441.91 in Q1 2024, slightly better than the loss of ¥35,169,815.15 in Q1 2023[20]. Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 736.11 million, reflecting a slight increase in outflow compared to the previous year[5][8]. - Cash and cash equivalents increased to CNY 31,669,643.21 in Q1 2024 from CNY 18,664,664.89 in Q1 2023[16]. - Cash and cash equivalents at the end of Q1 2024 amounted to ¥684,881,731.12, an increase from ¥500,838,027.95 at the end of Q1 2023[24]. - The company’s cash outflows for operating activities totaled ¥391,376,512.07 in Q1 2024, a decrease from ¥403,133,631.19 in Q1 2023[23]. - Operating cash flow for Q1 2024 was negative at ¥7,361,098.83, compared to a negative cash flow of ¥5,328,113.66 in Q1 2023[23]. Research and Development - Research and development expenses totaled CNY 2,318.29 million, accounting for 6.92% of operating revenue, an increase of 1.01 percentage points year-on-year[6]. - Research and development expenses for Q1 2024 were CNY 23,010,256.31, slightly up from CNY 22,819,762.40 in Q1 2023[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,165[10]. - The top shareholder, Wuhu Yuanhong Industrial Robot Investment Co., Ltd., holds 16.10% of the shares, totaling 84,000,000 shares[10]. - The top ten shareholders collectively hold 37.78% of the company's equity, with Wuhu Yuanhong and its affiliates owning 28.30%[12]. - The total number of shares held by Wuhu Ruibo Investment Management Center (Limited Partnership) is 45,922,050, accounting for 8.80% of the total shares[14]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 333,831.81 million, a decrease of 0.04% from the end of the previous year[6]. - The equity attributable to shareholders was CNY 176,761.78 million, down 1.75% from the previous year[6]. - Total liabilities for Q1 2024 amounted to CNY 1,566,247,749.67, an increase from CNY 1,535,168,062.10 in Q1 2023[17]. - Net total assets as of Q1 2024 were CNY 3,338,318,061.42, slightly down from CNY 3,339,611,553.07 in the previous year[18]. Government Support - The company received government subsidies amounting to CNY 1,909.24 million, which positively impacted the financial results[7]. Other Information - The company has not disclosed any significant changes in the operational status during the reporting period[15]. - The company has not reported any significant new strategies or product developments during the quarter[15]. - The company has signed a supplementary agreement with Wuhu Jiazhikewei Venture Capital Partnership, which holds 0.68% of the equity as a concerted actor[12].