BSCTECH(300951)2024-04-21 07:44Financial Performance - The company's revenue for Q1 2024 was ¥241,489,626.17, a decrease of 8.18% compared to ¥262,994,078.81 in the same period last year[5] - Net profit attributable to shareholders was ¥59,827,262.36, down 18.43% from ¥73,347,999.44 year-on-year[5] - Basic and diluted earnings per share were both ¥0.49, reflecting a decline of 19.67% from ¥0.61 in the previous year[5] - Operating profit for the quarter was CNY 70,504,808.62, a decline of 19.0% from CNY 86,847,074.79 in the previous year[22] - Net profit attributable to the parent company was CNY 59,827,262.36, down 18.4% from CNY 73,347,999.44 in Q1 2023[23] Cash Flow - The net cash flow from operating activities decreased by 48.61%, amounting to ¥104,948,461.62 compared to ¥204,212,960.23 in Q1 2023[11] - The net cash flow from operating activities for Q1 2024 was ¥104,948,461.62, a decrease of 48.5% compared to ¥204,212,960.23 in Q1 2023[26] - The total cash outflow from operating activities amounted to ¥380,040,198.75, up 37.5% from ¥276,409,689.26 in the previous year[26] - The cash flow from investment activities included cash received from investment recovery of ¥180,000,000.00, down from ¥350,000,000.00 in the previous year[26] - The company reported a cash flow impact from exchange rate changes of ¥1,740,544.79, contrasting with a negative impact of ¥1,131,584.34 in Q1 2023[26] Assets and Liabilities - Total assets at the end of Q1 2024 were ¥3,010,629,092.70, down 5.83% from ¥3,197,059,503.86 at the end of the previous year[5] - Total liabilities were CNY 687,188,782.32, a decrease from CNY 936,038,276.55 in the previous year[21] - The total current assets decreased slightly to ¥2,427,275,148.61 from ¥2,447,760,714.18, a decline of about 0.8%[19] - The company's fixed assets increased to ¥158,866,640.19 from ¥144,461,961.08, reflecting a growth of approximately 10%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,945[13] - The largest shareholder, Shenzhen Morui Technology Co., Ltd., holds 37.92% of shares, totaling 45,900,000 shares[13] - The shareholder Xu Sitong directly holds 100% of Morui Technology, making him the controlling shareholder[13] - The total number of restricted shares at the end of the period is 12,825,000, with 63,000,000 shares initially restricted[16] - The company plans to repurchase and cancel 6,000 restricted shares as part of its stock incentive plan[17] Investment Activities - The company reported a significant increase of 601.18% in net cash flow from investing activities, totaling ¥118,682,434.98 compared to ¥16,926,151.98 in Q1 2023[11] - Cash inflow from investment activities totaled ¥202,738,308.67, down 42.3% from ¥351,282,771.89 in the same period last year[26] - The total cash inflow from investment activities was significantly lower, reflecting a strategic shift in investment focus[26] Other Financial Metrics - The weighted average return on equity was 2.64%, a decrease of 0.84% from 3.48% in the same period last year[5] - Research and development expenses increased to CNY 20,554,627.85, compared to CNY 18,534,416.01 in Q1 2023, reflecting a growth of 10.9%[22] - Deferred income tax assets rose to CNY 5,531,517.65 from CNY 4,746,396.68 in the previous period[20] - The total equity attributable to shareholders of the parent company was CNY 2,297,306,787.69, an increase from CNY 2,234,220,888.84 in the previous year[21] Audit Status - The first quarter report was not audited, indicating that the figures may be subject to adjustments in future reports[28]