YIJIAHE(SH:603666)2024-04-29 13:22Financial Performance - The company's operating revenue for Q1 2024 was ¥40,307,066.45, representing a decrease of 73.06% compared to the same period last year[5] - The net profit attributable to shareholders was -¥34,459,571.63, a decline of 403.09% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥38,785,856.19, down 1,046.79% from the previous year[5] - The basic earnings per share were -¥0.17, reflecting a decline of 383.33% year-over-year[5] - Total revenue for Q1 2024 was ¥40.31 million, a decrease of 73.0% compared to ¥149.60 million in Q1 2023[20] - Net loss for Q1 2024 was ¥36.07 million, compared to a net profit of ¥11.37 million in Q1 2023, representing a significant decline[21] - Operating profit for Q1 2024 was -¥45.84 million, compared to an operating profit of ¥10.70 million in Q1 2023[21] Cash Flow - The net cash flow from operating activities was -¥1,446,528.09, a decrease of 101.68% compared to the same period last year[5] - Cash flow from operating activities for Q1 2024 was -¥1.45 million, a decrease from ¥85.91 million in Q1 2023[25] - Cash flow from investment activities for Q1 2024 was ¥17.09 million, compared to -¥148.61 million in Q1 2023, indicating a recovery[25] - Cash flow from financing activities for Q1 2024 was ¥347.00 million, significantly higher than ¥99.97 million in Q1 2023[25] - The net increase in cash and cash equivalents was -$19,135,408.60, an improvement from -$33,590,341.50 in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,728,370,700.55, a decrease of 3.19% from the end of the previous year[6] - The company's current assets totaled RMB 2,151,312,768.14, slightly down from RMB 2,172,402,806.09 at the end of the previous year, indicating a decrease of about 1%[17] - The company's total liabilities decreased to RMB 1,382,095,383.31 from RMB 1,470,318,525.78, marking a reduction of about 6%[18] - The equity attributable to shareholders was ¥2,342,838,265.56, down 1.39% from the previous year[6] - The equity attributable to shareholders of the parent company decreased to RMB 2,342,838,265.56 from RMB 2,375,871,055.36, a decline of approximately 1.4%[19] Inventory and Receivables - The inventory increased significantly to RMB 381,811,484.37, up from RMB 198,352,558.73, representing an increase of approximately 92.2%[17] - The accounts receivable decreased to RMB 744,783,549.70 from RMB 815,928,888.97, reflecting a decrease of approximately 8.7%[16] Non-Recurring Gains and Other Income - The company reported non-recurring gains of ¥4,326,284.56 for the period, with government subsidies contributing ¥705,000.00[8] - Other comprehensive income after tax for Q1 2024 was ¥1.43 million, compared to ¥1.90 million in Q1 2023[22] Capital and Dividends - The company approved a capital reduction of RMB 60 million for its subsidiary, reducing its registered capital from RMB 25 million to RMB 19 million, with the company's shareholding decreasing to 21.05%[15] - The company distributed dividends and profits amounting to $12,987,279.66, a decrease from -$80,123,433.06 in the previous period[26] Research and Development - Research and development expenses for Q1 2024 were ¥24.50 million, slightly down from ¥26.44 million in Q1 2023[20] Accounting Standards - The company did not apply new accounting standards or interpretations starting in 2024[26]