ROPEOK(SH:688619)2024-04-22 11:14Financial Performance - The company's operating revenue for Q1 2024 was ¥23,827,661.54, representing a decrease of 1.80% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥21,092,128.49, with no applicable percentage change due to the nature of the loss[5]. - Basic and diluted earnings per share were both -¥0.12, reflecting an increase in losses compared to the previous year[6]. - Net profit attributable to shareholders for Q1 2024 was CNY -49,935,820.74, compared to CNY -28,843,692.25 in Q1 2023[17]. - In Q1 2024, the company reported a net loss of CNY 20,895,701.66, compared to a net loss of CNY 17,479,763.45 in Q1 2023, representing an increase in loss of approximately 19.5%[20]. - Operating profit for Q1 2024 was CNY -24,159,511.62, compared to CNY -22,666,777.17 in the same period last year, indicating a deterioration of about 6.6%[20]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥44,198,987.58, indicating a decline in cash generation[6]. - Cash flow from operating activities showed a net outflow of CNY -44,198,987.58 in Q1 2024, an improvement from CNY -61,634,705.92 in Q1 2023, reflecting a decrease in cash outflow of approximately 28.4%[21]. - The company recorded a net cash outflow from investment activities of CNY -11,546,756.00 in Q1 2024, compared to a net inflow of CNY 56,649,519.75 in Q1 2023[22]. - Cash flow from financing activities resulted in a net outflow of CNY -15,997,913.11 in Q1 2024, contrasting with a net inflow of CNY 38,778,442.09 in Q1 2023[22]. - The company's cash and cash equivalents at the end of Q1 2024 stood at CNY 201,363,396.27, a decrease from CNY 209,496,383.90 at the end of Q1 2023[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,847,523,652.01, down 3.03% from the end of the previous year[6]. - Total liabilities for Q1 2024 were CNY 760,384,469.62, down from CNY 767,125,323.28 in Q1 2023[17]. - Current assets totaled CNY 1,156,479,567.67, a decrease of 4.67% from CNY 1,213,128,619.41 in Q1 2023[16]. - Non-current assets amounted to CNY 691,044,084.34, slightly down from CNY 692,137,333.09 in the previous year[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,717[13]. - The largest shareholder, Chen Yanxing, holds 70,801,353 shares, representing 37.73% of the total shares[14]. - The top ten shareholders include several investment partnerships, with the largest being Xiamen Hengyu Xinyi Investment Partnership holding 9,523,012 shares, or 5.08%[14]. - The total number of shares held by the top ten shareholders represents a significant concentration of ownership, with the top three alone holding over 48%[14]. - The company has established a unified action agreement among major shareholders to coordinate voting and decision-making processes[14]. Research and Development - R&D investment totaled ¥6,834,183.57, which is a decrease of 36.02% year-on-year, and accounted for 28.68% of operating revenue, down 15.34 percentage points[6]. - Research and development expenses decreased to CNY 6,834,183.57 in Q1 2024, a reduction of 36.5% from CNY 10,681,636.01 in Q1 2023[19]. Future Outlook - The company is focusing on expanding its presence in the county-level information technology and smart market sectors, which is expected to stabilize performance despite current losses[10]. - The company plans to focus on market expansion and new product development in the upcoming quarters[19].