遥望科技(002291) - 2024 Q1 - 季度财报

Financial Performance - The company's revenue for Q1 2024 was CNY 1,580,616,226.52, representing a 43.44% increase compared to CNY 1,101,963,131.25 in the same period last year[5]. - The net loss attributable to shareholders was CNY -94,238,573.18, a decline of 147.77% from a loss of CNY -38,035,169.52 in the previous year[5]. - Basic and diluted earnings per share were both CNY -0.1013, reflecting a 142.93% decrease from CNY -0.0417 in the previous year[5]. - The total comprehensive income for the first quarter was -94,238,573.18 CNY, compared to -38,035,169.52 CNY in the previous period, indicating a significant decline[24]. - The net loss for Q1 2024 was ¥93,242,769.35, compared to a net loss of ¥35,403,356.01 in Q1 2023, reflecting a deterioration in financial performance[23]. Cash Flow - The net cash flow from operating activities improved significantly to CNY 174,060,243.02, compared to a negative cash flow of CNY -191,210,535.60 in the same period last year, marking a 191.03% increase[5]. - Cash inflow from sales of goods and services reached 1,907,097,640.57 CNY, up from 1,116,222,623.40 CNY, reflecting a growth of approximately 70.8%[25]. - Cash flow from financing activities showed a significant decline of 337.52%, resulting in a net outflow of CNY -111,743,252.39, primarily due to the repayment of bank loans[10]. - The company incurred cash outflows from investing activities totaling 49,634,398.49 CNY, a decrease from 104,838,974.44 CNY in the prior year[26]. - The net cash increase for the period was 13,178,121.52 CNY, contrasting with a decrease of -248,992,305.05 CNY in the same period last year[26]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,805,832,772.47, a slight increase of 0.06% from CNY 6,801,856,140.93 at the end of the previous year[5]. - Total liabilities increased to ¥2,433,870,647.87 in Q1 2024 from ¥2,357,340,587.72 in Q1 2023, showing an increase of about 3.2%[20]. - The equity attributable to shareholders of the parent company decreased to ¥4,361,107,024.51 in Q1 2024 from ¥4,436,962,075.51 in Q1 2023, indicating a decline of approximately 1.7%[20]. Operating Costs and Expenses - The company experienced a 44.95% increase in operating costs, totaling CNY 1,451,814,026.87, primarily due to the growth in social e-commerce business[9]. - Total operating costs for Q1 2024 were ¥1,660,637,708.20, up from ¥1,140,885,155.62 in Q1 2023, indicating an increase of about 45.5%[22]. - Research and development expenses increased by 32.00% to CNY 23,799,014.20, as the company continued to invest in enhancing its competitive advantage[9]. - Research and development expenses increased to ¥23,799,014.20 in Q1 2024 from ¥18,029,601.39 in Q1 2023, marking a rise of approximately 32.3%[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 91,997[11]. - The largest shareholder, LYONE GROUP PTE. LTD., holds 7.81% of shares, totaling 72,691,390 shares[12]. - The second-largest shareholder, Xie Ruidong, holds 7.36% of shares, totaling 68,536,007 shares, with 51,402,005 shares under lock-up conditions[11]. - The company has a total of 8,567,491 shares held in the repurchase special securities account, accounting for 0.92% of the total share capital[12]. - The company repurchased 10,848 restricted shares due to the departure of 9 incentive plan participants[13]. Strategic Initiatives - The company plans to continue expanding its market presence and invest in new technology research and development[14]. - The company adjusted the internal investment structure of fundraising projects, reducing the budget for hardware and software purchases by RMB 100 million for the "YOWANT Digital Marketing Cloud Platform" project[14]. - The company has not disclosed any significant mergers or acquisitions during this reporting period[11]. Other Financial Metrics - The company recorded a credit impairment loss of CNY -23,533,122.18, which was a 271.62% increase compared to CNY -6,332,612.79 in the previous year[9]. - Accounts receivable decreased from RMB 1,015,080,560.14 to RMB 980,315,063.74 during the reporting period[17]. - Total cash and cash equivalents at the end of the period were 721,059,838.09 CNY, compared to 811,579,912.41 CNY at the end of the previous period[26]. - The company's cash and cash equivalents were not explicitly detailed, but total current assets stood at ¥3,036,196,265.77, compared to ¥3,015,058,214.43 in the previous quarter[20]. - The report for the first quarter was not audited[28].