SUNYARD(600571)2024-04-29 08:55Financial Performance - The company's operating revenue for Q1 2024 was CNY 380,869,662.58, representing a year-on-year increase of 5.72%[5] - The net profit attributable to shareholders was a loss of CNY 49,001,541.01, a significant decline of 595.66% compared to the same period last year[5] - The basic earnings per share (EPS) was -CNY 0.11, reflecting a decrease of 590.91% year-on-year[6] - Net profit for Q1 2024 was a loss of ¥51,682,185.07, compared to a profit of ¥2,506,753.40 in Q1 2023, indicating a significant decline[19] - Basic and diluted earnings per share for Q1 2024 were both -¥0.11, compared to ¥0.02 in Q1 2023[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,673,428,667.09, down 7.42% from the previous year[6] - Current assets totaled CNY 1,175,862,369.65, down from CNY 1,308,318,423.23, indicating a decrease of about 10.1%[14] - The company's cash and cash equivalents were CNY 90,501,898.58, a significant drop from CNY 131,626,803.15, representing a decline of approximately 31.2%[13] - Total liabilities decreased to CNY 396,374,766.88 from CNY 483,181,250.42, a reduction of approximately 17.9%[15] - The company's equity remained stable at CNY 1,277,053,900.21, with no change in the paid-in capital of CNY 466,795,809.00[15] Cash Flow - The net cash flow from operating activities was -CNY 256,591,225.35, indicating a negative cash flow situation[5] - Cash flow from operating activities for Q1 2024 was a net outflow of ¥256,591,225.35, compared to a net outflow of ¥203,701,602.64 in Q1 2023[23] - The net cash flow from financing activities amounted to 44,694,619.27, compared to a decrease of 241,690.75[24] - The beginning balance of cash and cash equivalents was 74,300,665.16[24] - The company did not apply new accounting standards or interpretations starting in 2024[25]