Dynanonic(300769)2024-04-26 13:02Financial Performance - The company's operating revenue for Q1 2024 was ¥1,892,057,814.82, a decrease of 61.74% compared to ¥4,944,745,935.53 in the same period last year[3] - The net profit attributable to shareholders for Q1 2024 was -¥184,679,966.25, representing an improvement of 74.25% from -¥717,334,775.51 in the previous year[3] - The basic earnings per share for Q1 2024 was -¥0.66, a 74.52% improvement from -¥4.14 in the same period last year[3] - The company reported a net loss of ¥212,614,747.44 for the current period, an improvement from a net loss of ¥907,989,332.91 in the previous period[41] - The total comprehensive loss attributable to the parent company was ¥184,679,966.25, compared to a loss of ¥717,334,775.51 in the previous period[41] - The total comprehensive income for the period attributable to the parent company was -259,198,304.54 CNY, compared to -761,021,237.74 CNY in the previous period, indicating an improvement of approximately 65.98%[61] - Basic and diluted earnings per share for the current period were both -0.66 CNY, compared to -2.59 CNY and -2.56 CNY respectively in the previous period, reflecting a significant reduction in losses[61] Cash Flow - The net cash flow from operating activities was -¥717,743,066.60, which is an 8.38% improvement compared to -¥783,419,218.59 in the same period last year[3] - The net cash flow from investing activities was ¥754,614,121.82, a significant increase of 203.24% from -¥730,915,260.27 in the previous period[27] - Cash inflows from operating activities totaled 622,125,677.41 CNY, down 72.0% from 2,223,297,357.62 CNY in the previous period[61] - The net increase in cash and cash equivalents for the period was -372,406,932.20 CNY, compared to -228,366,584.04 CNY in the previous period, indicating a worsening cash flow situation[64] - The company reported cash received from sales and services of 523,591,786.33 CNY, a decrease of 75.0% from 2,102,585,131.06 CNY in the previous period[61] - Other cash received related to operating activities amounted to 98,533,891.08 CNY, down from 120,712,226.56 CNY in the previous period, a decline of approximately 18.4%[61] Assets and Liabilities - Total assets amounted to ¥19,381,235,660.42, reflecting a decrease of 6.53% from ¥20,734,958,524.59[23] - The equity attributable to shareholders of the listed company was ¥6,854,050,089.20, down 3.79% from ¥7,123,957,269.37[23] - Total liabilities decreased to CNY 10,960,892,567.57 from CNY 12,018,332,973.96, indicating a decline of approximately 8.8%[56] - Cash and cash equivalents decreased to CNY 2,371,061,691.91 from CNY 2,863,753,185.05, a decline of approximately 17.1%[54] - Accounts receivable dropped to CNY 1,689,653,014.13 from CNY 2,282,846,247.42, reflecting a decrease of about 26.0%[54] Operational Costs - The company's operating costs for Q1 2024 were ¥1,891,500,880.18, also down by 61.74% from ¥4,944,378,687.64 in the previous year[9] - The financial expenses decreased by 48.78% to ¥39,265,174.05 from ¥76,659,309.72 in the same period last year[9] - The company reported a significant reduction in asset impairment losses, which decreased by 95.44% to -¥36,988,920.91 from -¥810,881,951.67 in the previous year[9] - Total operating costs amounted to CNY 2,150,116,187.85, down from CNY 5,295,603,524.53, indicating a reduction of about 59.4%[58] Shareholder Information - The total number of common shareholders at the end of the reporting period was 38,715[48] - The largest shareholder, Ji Xuewen, holds 13.93% of shares, amounting to 38,897,664 shares[48] - The second-largest shareholder, Kong Lingyong, holds 13.02% of shares, amounting to 36,346,579 shares[48] Future Plans and Changes - The company plans to repurchase shares with a total amount not less than ¥100 million and not exceeding ¥200 million, with a maximum repurchase price of ¥112.69 per share[32] - The company has implemented new accounting standards starting from 2024, affecting the financial statements[47]