Topsec(002212)2024-04-29 11:25Financial Performance - The company reported a comprehensive loss of -89,313,612.79, slightly improved from -91,251,895.53 in the previous period[32] - The net profit attributable to shareholders of the listed company is -¥89,313,612.79, showing an improvement of 2.12% from -¥91,251,895.53 in the previous year[61] - The company's operating revenue for the current period is ¥421,972,881.83, a decrease of 9.93% compared to ¥468,507,963.66 in the same period last year[61] - The company's investment income decreased by 35.33%, from -3,103,251.82 to -4,199,754.97, reflecting reduced returns from investee companies[37] - The company reported a net profit of CNY 5,524,818.43 from non-recurring gains and losses, with government subsidies contributing CNY 3,475,482.88[62] Cash Flow and Liquidity - As of March 31, 2024, the company's cash and cash equivalents decreased by 33.88% to ¥632,758,944.10 compared to December 31, 2023, primarily due to seasonal sales patterns[20] - The net cash flow from operating activities worsened by 229.25%, from -50,383,940.19 to -165,889,719.61, attributed to decreased sales collections[37] - The company's cash outflow from operating activities totaled ¥702,581,738.83, down from ¥816,821,940.20 in the previous period[45] - The cash and cash equivalents at the end of the period decreased from 730,544,679.39 to 589,632,314.84, a decline of approximately 19.3%[34] - The company's cash and cash equivalents at the end of the period are CNY 632,758,944.10, down from CNY 957,019,555.59 at the beginning of the period[71] Assets and Liabilities - The total assets decreased from 11,223,616,289.88 to 10,921,111,923.49, a reduction of approximately 2.69%[29] - The total liabilities decreased from 1,625,261,123.08 to 1,432,517,208.55, a decrease of about 11.87%[29] - Total assets at the end of the reporting period amount to ¥10,921,111,923.49, reflecting a decrease of 2.70% from ¥11,223,616,289.88 at the end of the previous year[61] - The total liabilities and equity at the end of the period amount to CNY 10,921,111,923.49, down from CNY 11,223,616,289.88 at the beginning of the period[84] Shareholder Information - The company repurchased a total of 2,892,200 shares, accounting for 0.2450% of the total share capital, with a total expenditure of ¥18,433,574.00[24] - The chairman and senior management plan to increase their shareholdings by no less than ¥3 million within six months from February 2, 2024[23] - The top shareholder, Zheng Zhongnan, holds 7.12% of the shares, totaling 84,301,969 shares[22] - The total number of ordinary shareholders at the end of the reporting period was 41,742[22] - The company has increased its shareholding by 1,292,200 shares, representing 0.1095% of the total share capital, with a total investment amount of ¥9.2611 million[55] Expenses and Costs - The company's operating costs decreased by 31.36% from 257,390,239.69 to 176,664,034.06, indicating improved revenue quality[37] - Total operating costs for the current period are CNY 611,423,175.19, down 12.09% from CNY 695,846,183.49 in the previous period[74] - The company’s other income decreased by 38.39%, from 70,131,483.09 to 43,207,020.28, mainly due to reduced VAT refunds[37] - Research and development expenses for the current period are CNY 161,069,296.85, a decrease of 6.96% from CNY 173,434,428.96 in the previous period[74] Tax and Refunds - The company received tax refunds of ¥62,950,179.53 during the current period, compared to ¥66,184,183.02 in the previous period[45] - The company reported a non-recurring gain of ¥38,644,991.68 from VAT refunds on software products[5] - Deferred tax assets increased by 67.52% to ¥148,309,297.20, mainly due to an increase in deductible losses and temporary differences[20] Stock Options and Equity Plans - The company canceled 10,269,612 stock options due to expiration and employee departures[38] - The company has completed the cancellation of 6,994,783 stock options and 4,413,981 restricted shares due to the termination of the 2020 equity incentive plan[69] Accounting Standards - The company will implement new accounting standards starting in 2024, affecting the financial statements from the beginning of the year[88]