Net263(SZ:002467)2024-04-29 17:44Financial Performance - The company's operating revenue for Q1 2024 was ¥257,979,355.50, representing a 23.23% increase compared to ¥209,355,011.81 in the same period last year[3]. - Net profit attributable to shareholders for Q1 2024 was ¥27,348,128.72, a 37.89% increase from ¥19,832,968.43 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥17,934,191.84, which is a 102.93% increase compared to ¥8,837,573.88 in the previous year[3]. - The total operating revenue for the first quarter was CNY 257,979,355.50, an increase of 23.2% compared to CNY 209,355,011.81 in the previous period[19]. - The operating profit for the quarter was CNY 35,288,177.03, compared to CNY 21,322,654.42 in the same period last year, indicating a significant increase of 65.5%[19]. - The total profit for Q1 2024 was ¥35,693,258.67, an increase of 44.6% compared to ¥24,683,248.42 in the previous period[20]. - Net profit for Q1 2024 reached ¥29,821,025.37, up 33.6% from ¥22,327,795.61 in the same period last year[20]. - The company recorded a total comprehensive income of ¥29,936,984.87 for Q1 2024, compared to ¥19,895,609.95 in the same period last year, reflecting a 50.5% increase[20]. Cash Flow and Investments - The net cash flow from operating activities increased by 108.67% to ¥41,842,562.34 from ¥20,051,973.68 in the same period last year[3]. - The cash flow from operating activities improved, with interest income rising to CNY 2,340,040.43 from CNY 1,690,742.96, an increase of 38.5%[19]. - Cash and cash equivalents at the end of Q1 2024 totaled ¥411,436,418.43, compared to ¥357,107,992.92 at the end of Q1 2023, marking a 15.2% increase[22]. - The cash outflow for investment activities was ¥351,137,934.24, down from ¥1,778,908,081.63 in the previous year, indicating a significant reduction in investment spending[22]. - The cash flow from investment activities netted ¥11,587,874.56, a decrease from ¥97,742,067.49 in Q1 2023, indicating a shift in investment strategy[22]. Assets and Liabilities - The company's total assets at the end of Q1 2024 were ¥2,365,607,886.65, up 1.82% from ¥2,323,257,306.73 at the end of the previous year[3]. - The total liabilities rose to CNY 405,198,479.55 from CNY 393,638,457.55, reflecting an increase of 2.0%[17]. - The equity attributable to shareholders increased by 1.56% to ¥1,844,683,147.26 from ¥1,816,365,631.27 at the end of the previous year[3]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 131,413[10]. - Major shareholder Li Xiaolong holds 15.63% of the shares, amounting to 216,974,164 shares[10]. Cost Management and Efficiency - The company improved its management efficiency, leading to enhanced profitability through cost control measures[7]. - The total operating costs amounted to CNY 224,566,896.95, up from CNY 200,512,800.30, reflecting a growth of 12.0%[19]. - Research and development expenses were CNY 16,465,931.42, down from CNY 25,329,978.07, indicating a reduction of 35.0%[19]. Non-Recurring Items - Non-recurring gains and losses impacted net profit by ¥9,413,936.88, primarily due to gains from the disposal of investment properties[5]. - The company’s other comprehensive income after tax was ¥115,959.50, recovering from a loss of ¥2,432,185.66 in the previous year[20]. - The company reported a net loss of CNY 42,462,391.76 in retained earnings, an improvement from a loss of CNY 69,810,520.48 in the previous period[17].