XAYS(000721)2024-04-15 10:48Financial Performance - The company's revenue for Q1 2024 was ¥182,495,391.46, representing a 3.47% increase compared to ¥176,383,545.76 in the same period last year[8] - The net loss attributable to shareholders was ¥29,934,931.46, a 3.83% improvement from a loss of ¥31,125,948.51 in the previous year[8] - Basic and diluted earnings per share were both -¥0.0522, showing a 3.69% improvement from -¥0.0542 in the same period last year[8] - Total operating revenue for Q1 2024 was CNY 182,495,391.46, an increase of 3.16% compared to CNY 176,383,545.76 in Q1 2023[21] - The operating profit for Q1 2024 was CNY -30,237,849.09, slightly improved from CNY -31,584,552.70 in Q1 2023[21] - Net profit for Q1 2024 was CNY -30,164,236.88, compared to CNY -31,539,311.80 in the previous year, indicating a reduction in losses[23] - The company reported a basic and diluted earnings per share of CNY -0.0522 for Q1 2024, an improvement from CNY -0.0542 in Q1 2023[23] Cash Flow - The net cash flow from operating activities increased significantly by 144.65%, reaching ¥24,196,562.76 compared to ¥9,890,134.03 in Q1 2023[8] - Cash inflow from sales of goods and services reached ¥195,195,187.25, up from ¥180,219,039.34, indicating a growth of approximately 8.5% year-over-year[25] - The total cash outflow from operating activities was ¥171,231,657.66, slightly decreased from ¥172,360,921.32, resulting in a stable operational cash flow management[25] - The cash flow from investing activities was negative at -¥15,881,214.12, an improvement from -¥53,360,144.51 in the previous year, reflecting reduced capital expenditures[25] - Cash inflow from financing activities was ¥188,550,568.54, compared to ¥190,022,817.57, showing a slight decrease of 0.8% year-over-year[26] - The net cash flow from financing activities was positive at ¥763,779.00, a significant drop from ¥75,093,318.05 in the same quarter last year, indicating tighter financing conditions[26] - The ending balance of cash and cash equivalents was ¥67,246,907.72, down from ¥113,612,819.66, reflecting a decrease of approximately 40.8% year-over-year[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,523,243,944.90, down 1.70% from ¥1,549,573,974.81 at the end of the previous year[8] - The company's equity attributable to shareholders decreased by 7.10%, amounting to ¥391,672,496.33 compared to ¥421,607,427.79 at the end of the last year[8] - Total liabilities as of Q1 2024 amounted to CNY 1,126,212,120.35, a slight increase from CNY 1,122,377,913.38 in the previous year[20] - The total equity attributable to shareholders of the parent company decreased to CNY 391,672,496.33 from CNY 421,607,427.79 year-over-year[20] - Long-term borrowings increased by 34.88%, reaching ¥56,224,373.97 compared to ¥41,683,766.50 at the beginning of the period[13] - The company’s short-term borrowings increased to CNY 403,841,262.78 from CNY 402,103,037.14 in the previous year[20] Shareholder Information - The company had a total of 117,770 common shareholders at the end of the reporting period[15] - The company reported a total of 102,822,000 shares held by Xi'an Tourism Group Co., Ltd., the largest shareholder[16] - The company has pledged shares totaling 26,681,250 shares, 24,425,100 shares, and 8,192,850 shares to Xi'an Tourism Group Co., Ltd.[16] Operational Efficiency - Sales expenses decreased significantly by 75.61%, totaling ¥14,335,757.59 compared to ¥58,786,916.46 in the previous year[13] - The company reported a 47.66% increase in non-operating income, amounting to ¥78,795.17 compared to ¥53,363.24 in the previous year[13] Additional Notes - The company’s total liabilities and equity structure is not detailed in the provided documents, indicating a need for further financial analysis[18] - No new product launches or significant market expansion strategies were mentioned in the conference call[18] - The company has not yet adopted the new accounting standards for the current year, which may impact future financial reporting[27] - The Q1 2024 report has not been audited, which may affect the reliability of the financial data presented[27] - The company’s board of directors released the Q1 report on April 15, 2024, indicating ongoing transparency in financial disclosures[28]