CRUN(SZ:002272)2024-04-29 12:09Financial Performance - Revenue for Q1 2024 was CNY 285,112,055.66, a decrease of 19.73% compared to CNY 355,172,382.24 in the same period last year[3] - Net profit attributable to shareholders was a loss of CNY 17,910,064.74, representing a decline of 148.33% from a loss of CNY 7,212,237.10 in the previous year[3] - The net cash flow from operating activities was a negative CNY 128,516,824.99, a decrease of 103.21% compared to a negative CNY 63,242,795.38 last year[3] - Total operating revenue for the current period is ¥285,112,055.66, a decrease of 19.6% compared to ¥355,172,382.24 in the previous period[17] - The net profit for the current period is -¥16,444,464.22, compared to -¥7,770,495.97 in the previous period, indicating a significant increase in losses[18] - The total comprehensive income for the current period is -¥16,444,837.12, compared to -¥7,769,695.97 in the previous period[18] Assets and Liabilities - Total assets increased by 6.86% to CNY 3,495,872,041.01 from CNY 3,271,535,129.30 at the end of the previous year[3] - As of the end of Q1 2024, the total assets of the company amounted to RMB 3,495,872,041.01, an increase from RMB 3,271,535,129.30 at the beginning of the period[16] - The total liabilities decreased slightly to RMB 1,835,229,072.77 from RMB 1,846,964,749.15, indicating a reduction of about 0.6%[15] Shareholder Equity - Shareholders' equity attributable to the parent company rose by 16.66% to CNY 1,635,925,050.48 from CNY 1,402,318,062.91[3] - The company’s total equity rose to RMB 1,660,642,968.24 from RMB 1,424,570,380.15, marking an increase of approximately 16.5%[16] Cash and Cash Equivalents - Cash and cash equivalents increased by 57.93% due to funds raised from a specific stock issuance during the reporting period[9] - The company’s cash and cash equivalents increased to RMB 431,007,953.76 from RMB 272,910,817.74, reflecting a growth of approximately 58.2%[14] - Cash and cash equivalents at the end of the period amount to ¥377,552,112.12, an increase from ¥162,701,950.11 at the end of the previous period[20] Operating Costs and Expenses - Total operating costs for the current period are ¥310,988,140.76, down 16.0% from ¥369,953,398.60 in the previous period[17] - The company experienced a 351.48% increase in non-operating expenses, mainly due to losses from the disposal of scrapped fixed assets[9] - The company incurred a financial expense of ¥7,635,998.33, which is an increase from ¥6,468,662.71 in the previous period[17] Investments and Shareholding - The company raised a total of RMB 255,848,130.00 by issuing 50,166,300 shares to specific investors, with a net amount of RMB 251,060,394.15 after deducting issuance costs[13] - The company’s major shareholder, Luo Lihua, increased her shareholding by 2,200,000 shares, representing 17.17% of the total share capital after the increase[12] - The company raised ¥252,848,130.00 from new investments during the current period[20] Other Financial Metrics - The company’s inventory increased to RMB 500,795,029.62 from RMB 439,196,804.44, showing a growth of about 14%[14] - The company’s accounts receivable stood at RMB 1,037,532,192.30, slightly up from RMB 1,031,352,536.47, indicating a marginal increase[14] - The company’s long-term borrowings increased to RMB 400,050,000.00 from RMB 254,980,000.00, reflecting a significant rise of approximately 56.8%[15] - The company’s retained earnings decreased to RMB 206,317,556.49 from RMB 224,227,621.23, showing a decline of about 8%[15] - The company reported a basic earnings per share of -0.0412, compared to -0.0167 in the previous period[18] - The company’s tax expense for the current period is -¥279,000.68, compared to a tax benefit of ¥803,279.80 in the previous period[17]