四维图新(002405) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was ¥707,339,912.23, a slight increase of 0.04% compared to ¥707,076,159.96 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥169,773,602.84, representing a decrease of 65.12% from a loss of ¥102,815,230.83 in the previous year[3] - The net loss for Q1 2024 was CNY 172,576,688.26, compared to a net loss of CNY 112,038,654.66 in Q1 2023, indicating a worsening of 54.0%[13] - The total comprehensive income for the first quarter of 2024 was -175,584,721.46 CNY, compared to -113,514,278.80 CNY in the same period last year, reflecting a significant decline[14] - The company's basic earnings per share decreased by 62.97% to -¥0.0735, compared to -¥0.0451 in the same period last year[3] - The company reported a basic earnings per share of -0.0735 CNY, compared to -0.0451 CNY in the previous year, indicating a worsening in profitability[14] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥85,916,337.29, compared to a negative cash flow of ¥213,354,405.83 in the same period last year, marking a 140.27% increase[3] - The company's cash and cash equivalents at the end of the reporting period amount to ¥3,086,407,532.27, a decrease from ¥3,176,582,478.14 at the beginning of the period[11] - Cash and cash equivalents at the end of the period totaled 3,036,565,546.08 CNY, a decrease from 3,507,296,761.30 CNY year-over-year[16] - The net cash flow from investing activities was -88,592,523.58 CNY, an improvement from -124,402,239.43 CNY in the previous year, suggesting better investment management[16] - The company incurred cash outflows from operating activities totaling 1,025,197,727.99 CNY, down from 1,213,935,119.81 CNY in the previous year, indicating cost control efforts[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥12,032,785,173.98, down 3.06% from ¥12,412,248,395.53 at the end of the previous year[3] - The total liabilities decreased to CNY 2,228,742,131.49 from CNY 2,456,237,314.08, a reduction of 9.3%[12] - The total equity attributable to shareholders decreased to CNY 9,876,056,709.80 from CNY 10,026,007,988.50, a decline of 1.5%[12] - The company's long-term equity investments are valued at ¥1,006,699,076.87, a decrease from ¥1,045,312,535.34[11] - The total liabilities include short-term borrowings of ¥300,239,194.45, an increase from ¥270,203,572.22[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 224,859[7] - The largest shareholder, Beijing Yitang Xincheng Technology Partnership, holds 6.22% of shares, totaling 147,843,309 shares[7] - The company has a total of 10 major shareholders, with the top two holding a combined 9.58% of shares[9] Operational Efficiency - The cash inflow from investment activities increased by 293.50% to ¥2,159,682.80, compared to a cash outflow of ¥1,116,132.19 in the previous year[6] - The cash inflow from financing activities surged by 741.64% to ¥53,069,620.00, driven by increased bank borrowings[6] - The company experienced a significant reduction in other receivables by 43.23%, from ¥153,465,594.06 to ¥87,115,979.49, due to the recovery of litigation funds[6] - The company reported a significant increase in sales expenses, which rose to CNY 47,417,892.03 from CNY 44,396,892.33, an increase of 6.8%[13] - The financial expenses showed an improvement, with a net financial cost of -CNY 19,090,226.91 compared to -CNY 28,062,461.76, reflecting a decrease of 32.0%[13] Research and Development - Research and development expenses decreased to CNY 317,133,153.84 from CNY 374,803,602.22, a reduction of approximately 15.4%[13] - The company continues to focus on R&D despite the reduction in expenses, indicating a commitment to innovation and future product development[13]