TD Online(002995)2025-04-29 10:55Financial Performance - The company's operating revenue for Q1 2025 was ¥319,553,524.37, a decrease of 22.89% compared to ¥414,424,207.46 in the same period last year[5] - The net loss attributable to shareholders for Q1 2025 was ¥17,596,540.58, representing an increase in loss of 81.55% from a loss of ¥9,692,588.71 in the previous year[5] - Basic and diluted earnings per share for Q1 2025 were both -¥0.0992, reflecting an 81.68% increase in loss per share from -¥0.0546 in the same quarter last year[5] - Net profit for the period was a loss of ¥16,367,411.77, compared to a loss of ¥9,382,097.55 in the previous period, indicating a worsening of approximately 74%[20] - The total comprehensive income for the period was a loss of ¥16,367,411.77, compared to a loss of ¥9,382,097.55 in the previous period, indicating a decline of approximately 74%[20] Cash Flow - The net cash flow from operating activities was -¥66,484,808.34, a significant decline of 898.63% compared to a positive cash flow of ¥8,324,893.85 in Q1 2024[5] - Operating cash flow generated a net outflow of ¥66,484,808.34, contrasting with a net inflow of ¥8,324,893.85 in the previous period[21] - The net cash flow from investing activities was ¥38,252,170.79, a significant increase of 4,400.59% from -¥889,464.09 in Q1 2024, mainly due to the maturity of financial products[9] - Investment activities generated a net cash inflow of ¥38,252,170.79, compared to a net outflow of ¥889,464.09 in the previous period[22] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥1,207,263,086.93, a decrease of 1.42% from ¥1,224,640,744.27 at the end of the previous year[5] - The company's cash and cash equivalents decreased to CNY 223,812,994.55 from CNY 252,976,802.02, reflecting a decline of approximately 11.5%[16] - Accounts receivable increased to CNY 196,521,068.98 from CNY 170,450,036.30, representing a growth of about 15.3%[16] - The total liabilities of the company decreased slightly to CNY 289,091,586.16 from CNY 290,101,831.73, indicating a reduction of approximately 0.3%[18] - The company's equity attributable to shareholders decreased to CNY 915,126,527.48 from CNY 932,723,068.06, a decline of about 1.9%[18] - The company reported a total current asset of CNY 870,739,050.69, down from CNY 887,558,100.23, a decrease of approximately 1.9%[16] - The company’s non-current assets totaled CNY 336,524,036.24, slightly down from CNY 337,082,644.04, reflecting a decrease of about 0.2%[17] - The company’s total equity increased to CNY 918,171,500.77 from CNY 934,538,912.54, a decrease of approximately 1.8%[18] Expenses - Research and development expenses decreased by 35.49% to ¥3,953,823.49 from ¥6,129,141.14 in Q1 2024, attributed to optimization of the R&D team structure[9] - Total operating costs decreased to ¥333,113,206.60 from ¥422,341,670.49, a reduction of about 21% year-over-year[19] - The company reported a significant increase in credit impairment losses, amounting to -¥1,374,334.11, compared to -¥2,113,097.12 in the previous period[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,279, with the largest shareholder holding 32.76% of the shares[11] - The company received government subsidies amounting to ¥158,531.17 during the reporting period, contributing to other income[6] - The company will suspend trading of its shares starting October 30, 2024, due to uncertainties related to the acquisition transaction[13] - The company plans to acquire 100% equity of Shanghai Jiatu Internet Technology Group Co., Ltd. through a combination of issuing shares and cash payment, which will make Jiatu Group a wholly-owned subsidiary of the company[13]