mailyard(SH:600107)2024-04-29 12:21Financial Performance - The company's operating revenue for Q1 2024 was CNY 129,720,721.33, representing a year-on-year increase of 6.83%[5] - The net profit attributable to shareholders was a loss of CNY 13,551,576.48, with a basic and diluted earnings per share of -CNY 0.04[5] - Operating profit for Q1 2024 was a loss of RMB 14.06 million, compared to a loss of RMB 4.51 million in Q1 2023[20] - Net profit for Q1 2024 was a loss of RMB 13.43 million, worsening from a loss of RMB 4.12 million in Q1 2023[22] - The company reported a net loss of RMB 42,153,580.65 in retained earnings, compared to a loss of RMB 28,602,004.17 in the previous period[18] Cash Flow - The net cash flow from operating activities was -CNY 43,881,042.33, indicating a significant cash outflow[5] - Cash flow from operating activities showed a net outflow of RMB 43.88 million, an improvement from a net outflow of RMB 61.90 million in Q1 2023[25] - The company reported a net decrease in cash and cash equivalents of -$94.20 million in Q1 2024, compared to -$47.50 million in Q1 2023, indicating a worsening liquidity position[34] - Cash inflow from investment activities was RMB 100.69 million, while cash outflow was RMB 89.35 million, resulting in a net cash inflow of RMB 11.34 million[25] - Cash flow from financing activities resulted in a net outflow of RMB 6.09 million, compared to a net inflow of RMB 3.31 million in Q1 2023[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,035,767,422.33, down 1.42% from the previous year[6] - The company's current assets totaled RMB 857,181,158.37, down from RMB 876,963,879.46 at the end of 2023, indicating a decline of approximately 2.5%[16] - Total liabilities were reported at RMB 457,192,925.62, slightly down from RMB 458,783,954.64, indicating a marginal decrease of about 0.3%[18] - The company's total liabilities rose to CNY 441.54 million, up from CNY 230.44 million at the end of 2023, marking an increase of approximately 91.6%[28] Shareholder Equity - Shareholders' equity attributable to the parent company decreased by 2.41% to CNY 546,743,252.53[6] - The company's equity attributable to shareholders decreased to RMB 546,743,252.53 from RMB 560,294,829.01, a decline of approximately 2.4%[18] - The total equity of the company decreased to CNY 546.68 million as of March 31, 2024, down from CNY 586.34 million at the end of 2023, indicating a decline of approximately 6.8%[29] Operational Costs - Total operating costs rose to RMB 144.77 million, up 10.6% from RMB 130.82 million in the same period last year[20] - The company experienced a significant increase in sales expenses, which rose to RMB 38.78 million from RMB 36.29 million year-over-year[20] - The company's management expenses increased to CNY 7.16 million in Q1 2024, compared to CNY 5.71 million in Q1 2023, representing a rise of approximately 25.5%[30] Other Income and Gains - The company reported non-recurring gains of CNY 1,418,283.61, primarily from government subsidies and other income[9] - The company reported other income of CNY 6.83 million in Q1 2024, compared to CNY 4.93 million in Q1 2023, reflecting an increase of approximately 38.6%[30]