UE(603600)2024-04-24 08:07Financial Performance - The company's operating revenue for Q1 2024 was CNY 856,685,846.20, representing a year-on-year increase of 22.96%[6] - The net profit attributable to shareholders decreased by 17.47% to CNY 42,692,636.54 compared to the same period last year[6] - Basic and diluted earnings per share were both CNY 0.13, down 23.53% from the previous year[6] - The company reported a net profit margin improvement, although specific figures were not disclosed in the provided content[19] - Net profit for Q1 2024 was approximately ¥44.29 million, a decrease of 15.0% compared to ¥52.06 million in Q1 2023[24] - The company reported a total comprehensive income of approximately ¥23.15 million for Q1 2024, down from ¥45.96 million in Q1 2023[24] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -45,916,394.86, a decline of 213.48% year-on-year[6] - The cash flow from operating activities for Q1 2024 was negative at approximately -¥45.92 million, compared to a positive cash flow of ¥40.46 million in Q1 2023[25] - Cash and cash equivalents increased to RMB 928,488,693.11 from RMB 663,944,120.12, reflecting a growth of approximately 39.9%[16] - Cash and cash equivalents at the end of Q1 2024 totaled approximately ¥906.35 million, an increase from ¥604.79 million at the end of Q1 2023[26] - Investment activities resulted in a net cash outflow of approximately -¥4.62 million in Q1 2024, an improvement from -¥83.40 million in Q1 2023[26] - Financing activities generated a net cash inflow of approximately ¥307.22 million in Q1 2024, compared to ¥4.48 million in Q1 2023[26] Assets and Liabilities - Total assets increased by 4.26% to CNY 3,521,071,721.88 compared to the end of the previous year[7] - Current assets as of March 31, 2024, totaled RMB 1,983,725,557.52, compared to RMB 1,851,930,367.32 as of December 31, 2023, indicating an increase of about 7.1%[16] - Total liabilities as of March 31, 2024, amounted to RMB 1,327,078,501.29, up from RMB 1,207,231,360.56, which is an increase of about 9.9%[18] - Non-current assets totaled RMB 1,537,346,164.36, slightly up from RMB 1,525,397,933.24, indicating a growth of about 0.9%[17] - The company's retained earnings increased to RMB 1,038,312,139.95 from RMB 995,619,503.41, representing a growth of approximately 4.3%[18] Shareholder Information - The top ten shareholders hold a combined 68.73% of the company's shares, with the largest shareholder owning 32.50%[11] - Shareholders' equity attributable to the parent company rose by 1.06% to CNY 2,176,474,420.83[7] Operational Focus - The company plans to continue focusing on market expansion and product development in the upcoming quarters[6]